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Search Result for “2.5”

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PROPERTY

Land & Houses projects housing slump amid economic stagnation

Business, Kanana Katharangsiporn, Published on 22/01/2026

» SET-listed developer Land & Houses (LH) plans to launch only two residential projects worth a combined 3.66 billion baht in 2026, the lowest level in more than two decades, due to a sluggish economy and unpredictable housing market conditions.

BUSINESS

Stecon keen to capture data centre frenzy

Business, Kanana Katharangsiporn, Published on 02/12/2025

» SET-listed contractor Stecon Group is capitalising on strong growth in the data centre sector, expanding via investments, construction, water management and renewable energy.

PROPERTY

Year to end with dip in transfers and transfer value

Kanana Katharangsiporn, Published on 26/11/2025

» Despite an expected pickup in transfers in the fourth quarter, full-year 2025 is still forecast to end with a 7% drop in the number of transfers and an 11% decline in transfer value, weighed down by the economic slowdown and weaker home-buying power.

PROPERTY

Interest evergreen for prime real estate

Business, Kanana Katharangsiporn, Published on 06/11/2025

» Despite a 41% plunge in the total value of land transactions nationwide -- the lowest in 15 years and occurring during an economic slowdown -- land prices in Bangkok's central business district (CBD) continued to climb, with Sukhumvit recording the sharpest increase at 10%.

PROPERTY

Sena Development maintains B10bn annual transfer target

Business, Kanana Katharangsiporn, Published on 26/08/2025

» SET-listed developer Sena Development is maintaining its annual transfer target of 10 billion baht, despite recording only 22% of the target in the first half, as it is still confident in seeing an uptick in transfers in the latter half of the year.

PROPERTY

Condo market to see continued decline

Business, Kanana Katharangsiporn, Published on 17/06/2025

» Despite cuts in transfer and mortgage fees, as well as relaxed loan-to-value limits, Bangkok's condo market is expected to continue its decline from last year, driven by the ongoing economic slowdown and weak foreign demand.

BUSINESS

Quelling the tremors of March 28

Business, Kanana Katharangsiporn, Published on 07/06/2025

» The earthquake that struck Myanmar on March 28 sent tremors through many high-rise buildings in Bangkok, shaking not just the structures but also buyer confidence, if only briefly.

PROPERTY

Developers suffer in Q1 amid stagnant economy

Business, Kanana Katharangsiporn, Published on 22/05/2025

» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.

PROPERTY

Foreign condo purchases decline 6.8% in value

Business, Kanana Katharangsiporn, Published on 22/04/2025

» Condo transfers to foreign buyers in Thailand rose by 0.86% last year, but the total value declined by 6.8%, reflecting concerns over a weakening global economy that may face additional pressure from the US's tariff policies.

PROPERTY

Bank urges government to revive property stimulus

Kanana Katharangsiporn, Published on 27/02/2025

» The government should consider extending the property measures that expired on Dec 31 as they effectively boosted demand for residential units priced at 7 million baht or lower last year, according to the Government Housing Bank (GHB).