Showing 1 - 10 of 89
Housing set to remain stagnant in 2026
Business, Kanana Katharangsiporn, Published on 09/12/2025
» The residential sector is expected to remain challenging for developers in 2026, weighed down by weak consumer confidence and a sluggish economy, continuing the soft momentum seen in the first nine months of 2025, when revenue and profit declined.
New Bangkok condos being offered at 2015 prices
Kanana Katharangsiporn, Published on 16/09/2025
» Some new condominiums launched recently in Bangkok have been priced at levels similar to those seen a decade ago, as developers settle for slim margins to draw buyers with limited purchasing power, according to the Thai Condominium Association.
Thai property market reaches bottom in August
Business, Kanana Katharangsiporn, Published on 22/08/2025
» The residential market bottomed out this month and is expected to remain steady in the second half, with no clear catalysts for either a rebound or further deterioration, according to developers.
Condo buyers switch priorities post-quake
Business, Kanana Katharangsiporn, Published on 26/06/2025
» Since the March 28 earthquake, construction standards and developer accountability have become the top priorities among homebuyers, with prospective condo buyers wishing to establish whether a potential home is able to stand up to a quake while seeking to identify the contractor.
Developers' Q1 profits plunge to decade-low
Business, Kanana Katharangsiporn, Published on 04/06/2025
» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.
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.
UHG to sink B1.5bn into hotel expansion
Business, Kanana Katharangsiporn, Published on 09/05/2025
» Commercial property developer UHG plans to invest 1.5 billion baht to expand its hotel portfolio in fringe areas of Bangkok and convert office space on Lat Phrao Soi 4 into hotel rooms, capitalising on tourism and escaping the oversupplied office market.
Quake rocks property market
Business, Kanana Katharangsiporn, Published on 01/04/2025
» Cracks and damage found in many high-rise condos in Bangkok after Friday's earthquake have rattled consumer confidence, likely making this year's second quarter the weakest quarter for condo sales and transfers in 15 years.
Bullish AP lines up 42 projects this year
Business, Kanana Katharangsiporn, Published on 28/02/2025
» SET-listed developer AP Thailand remains upbeat, planning to launch 42 new projects this year, the same number as last year, with a combined sales value of 65 billion baht, marking a 35% increase, the highest in the industry.
Supply glut likely to keep prices attractive
Business, Kanana Katharangsiporn, Published on 21/01/2025
» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.