Showing 1 - 10 of 87
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.
Pruksa expands into apartment-for-rent sector
Kanana Katharangsiporn, Published on 05/11/2025
» SET-listed housing developer Pruksa Holding has diversified into the apartment-for-rent business to secure recurring income amid a sluggish residential market, targeting a rental yield of 6-8%.
Low-rise developers urged to boost safety
Business, Kanana Katharangsiporn, Published on 11/07/2025
» Low-rise housing developers should invest more in structural reinforcement to improve resilience against potential future tremors, which are likely following the earthquake in Myanmar in March, according to the Thai Structural Engineers Association.
Inno Precast moves away from housing
Business, Kanana Katharangsiporn, Published on 10/07/2025
» Inno Precast, a manufacturer and distributor of precast concrete, is shifting its focus to non-residential projects and end users, as the stagnant housing market is expected to take at least two years to recover.
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.
Wealthy Chinese still keen on Thai property
Kanana Katharangsiporn, Published on 17/04/2025
» Wealthy Chinese buyers have shifted from the United States to Thailand for overseas homes, with Thailand rising from seventh to first place last year, though safety remains a concern.
Survival strategy of developers
Kanana Katharangsiporn, Published on 31/03/2025
» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.
4 developers take homebuilding plunge
Business, Kanana Katharangsiporn, Published on 21/03/2025
» SET-listed developers with a large portfolio of residential properties are shifting towards the homebuilding business in a bid to capture the self-built home market valued at 211 billion baht, amid a slowdown in housing development.
Pruksa Holding shifting focus to healthcare amid slowdown
Business, Kanana Katharangsiporn, Published on 04/03/2025
» SET-listed developer Pruksa Holding (PSH) is downplaying its housing development business after years of market slowdown, shifting focus to the healthcare business, which is expected to contribute half of its revenue.