Showing 1 - 10 of 167
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.
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.
Call for longer leases to boost home ownership
Kanana Katharangsiporn, Published on 31/10/2025
» Three real estate associations have asked the next government to extend the lease period for residential properties from 30 years to 60 years, as a new generation of potential homebuyers can no longer afford to purchase them.
SCX allots B2bn for second Pattaya hotel
Business, Kanana Katharangsiporn, Published on 22/10/2025
» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.
No condo market recovery until 2027
Kanana Katharangsiporn, Published on 14/10/2025
» The Bangkok condo market is expected to rebound in 2027, as sluggish conditions are likely to persist through next year and the expected general election, according to property consultancy Cushman & Wakefield Thailand.
Ascott sees revenue and rates reviving next year
Business, Kanana Katharangsiporn, Published on 09/10/2025
» The Ascott Limited Thailand, the wholly owned lodging business unit of Singapore-based CapitaLand Investment, expects revenue, occupancy and room rates to recover in 2026, with plans to diversify into resort destinations such as Phuket and secure a management contract in Hat Yai.
SCX's 2 new hotels to generate B900m
Business, Kanana Katharangsiporn, Published on 18/09/2025
» SET-listed developer SC Asset Corporation's subsidiary SCX Corporation, which manages its recurring-income assets, plans to open two new hotels in Bangkok and Pattaya over the next five weeks, targeting 900 million baht in revenue in 2026.
IHG brand targeting independent hotels
Business, Kanana Katharangsiporn, Published on 02/09/2025
» International chain IHG Hotels & Resorts aims to persuade independent hotel owners to convert their properties to its new brand, Garner, with the first location in Southeast Asia and second in Asia set to open in Pattaya in November 2025.
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.
Rayong records increase in housing transfers in Q1
Business, Kanana Katharangsiporn, Published on 04/08/2025
» Housing transfers in Rayong in the first quarter of 2025 rose year-on-year, bucking the overall decline across the Eastern Economic Corridor (EEC) provinces, driven by demand from workers in the industrial sector and foreigners relocating from Pattaya.