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Search Result for “Prawet”

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PROPERTY

Sluggish demand pauses condo launches

Kanana Katharangsiporn, Published on 19/03/2026

» Despite declines in new launches and inventory in Bangkok, condo developers are likely to delay new supply this year as sales remain sluggish and absorption rates continue to fall, according to the Real Estate Information Center (REIC).

PROPERTY

Bangkok condo price index up 3.4%

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

» The price index for new condos for sale in Greater Bangkok rose 3.4% year-on-year in the first quarter of 2025, marking the second straight quarter exceeding 3%, driven by rising development costs, according to the Real Estate Information Center (REIC).

PROPERTY

Thanasiri retains revenue growth target

Business, Kanana Katharangsiporn, Published on 30/04/2025

» MAI-listed developer Thanasiri Group has maintained its 15% revenue growth target this year, supported by the launch of a new upper-end low-rise housing project that is expected to capitalise on strong demand and high purchasing power in this segment.

PROPERTY

Residential prices increase in Q4 of 2024

Kanana Katharangsiporn, Published on 10/02/2025

» Residential prices in urban areas and along mass transit lines continued to rise in the fourth quarter of 2024, as soaring land and construction costs pushed up prices for new launches, according to the Real Estate Information Center (REIC).

BUSINESS

Hotel eyeing 80% occupancy

Business, Kanana Katharangsiporn, Published on 31/01/2024

» Courtyard by Marriott Bangkok Suvarnabhumi Airport, a new hotel owned by members of the Jiaravanont and Lamsam families, aims to achieve an 80% occupancy rate in its first year, given its strategic location that attracts a varied segment.

PROPERTY

Developers should be wary of low-cost condo segment

Business, Kanana Katharangsiporn, Published on 02/01/2024

» Developers should exercise caution when launching new condos and townhouses priced less than 2 million baht in Greater Bangkok as a substantial inventory of unsold units might result in increased competition, potentially leading to discounted prices.

PROPERTY

Second-hand home market posts gains

Kanana Katharangsiporn, Published on 25/12/2023

» Rising housing prices and interest rates coupled with reduced purchasing power are expected to drive demand for second-hand homes in preferred locations at more affordable prices, according to the Real Estate Information Center (REIC).

PROPERTY

Residential market records 29.1% drop in new sales in Q1

Kanana Katharangsiporn, Published on 31/07/2023

» The residential property market witnessed a significant 29.1% drop in new sales in the first quarter of 2023, with condos being the primary factor contributing to the slowdown.

PROPERTY

Low-rise index declines in Q1

Business, Kanana Katharangsiporn, Published on 20/04/2023

» The price index of new low-rise houses in Greater Bangkok declined in the first quarter of 2023 as developers aimed to boost sales from their inventories of single detached houses that were built earlier at a cheaper cost.

PROPERTY

Greater Bangkok condo launches decline in Q3

Business, Kanana Katharangsiporn, Published on 15/12/2022

» New condo supply launched in Greater Bangkok in the third quarter dropped consecutively from the first and second quarters as inflation and rising interest rates affected development costs.