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Search Result for “Department of Transport”

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PROPERTY

Industrial land market faces critical year amid challenges

Business, Kanana Katharangsiporn, Published on 03/02/2026

» Thailand's industrial and logistics property market is entering a critical phase in 2026 as global supply chains reset and major economies redirect long-term investment, presenting both challenges and rare structural opportunities for the country.

PROPERTY

Condo sales likely to remain flat on muted purchasing power

Business, Kanana Katharangsiporn, Published on 23/01/2026

» The condo market in 2026 is expected to remain subdued but more selective, with developers prioritising inventory clearance, premium pricing and differentiated projects, amid weak domestic purchasing power and prolonged economic uncertainty.

PROPERTY

Stecon ventures into property development

Business, Kanana Katharangsiporn, Published on 01/10/2025

» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.

PROPERTY

Eastern Economic Corridor land prices surge in Q1 amid strong foreign demand

Business, Kanana Katharangsiporn, Published on 17/07/2025

» The land price index in the Eastern Economic Corridor (EEC) provinces rose by 24.9% in the first quarter of 2025, marking the fifth consecutive quarterly increase, led by Rayong, where the index surged 43.5% due to strong foreign investment in the industrial sector.

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

Phuket, Rayong and Samui post transfer growth in Q1

Kanana Katharangsiporn, Published on 27/05/2025

» Phuket, Rayong and Samui were the only destinations to record growth in residential transfers in the first quarter of 2025, following a crackdown on nominee ownership by the Central Investigation Bureau (CIB).

BUSINESS

Banks highlight methods to reduce mortgage rejections

Business, Kanana Katharangsiporn, Published on 17/04/2025

» Clearing debts, disclosing all sources of income, preparing documents and avoiding rushed applications can reduce the mortgage rejection rate, which rose to an average of 45% in the first quarter, according to financial institutions.

PROPERTY

Mortgage rejection rates expected to remain high

Business, Kanana Katharangsiporn, Published on 10/04/2025

» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.

PROPERTY

Ins and outs of daily condo rentals

Kanana Katharangsiporn, Published on 22/03/2025

» The illegal rental of condo units on a daily basis has sparked serious concerns among residents and co-owners over safety, irresponsible behaviour, and noise disturbances caused by short-term guests.