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Search Result for “The Myanmar Times”

Showing 1 - 10 of 179

PROPERTY

House sales to fall as war hits demand

Business, Kanana Katharangsiporn, Published on 16/04/2026

» The residential market is expected to contract for a fourth consecutive year in 2026, with nationwide transfers projected to fall by 5.1% year-on-year to around 300,000 units, the lowest level in years, reflecting fragile buying activity, according to Kasikorn Research Center.

BUSINESS

Eastern Star targets 10% revenue growth

Business, Kanana Katharangsiporn, Published on 08/04/2026

» SET-listed developer Eastern Star Real Estate aims to achieve 10% revenue growth to 2.2 billion baht, focusing on segments with strong sales potential, tightening cost control and doubling cash flow.

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

Noble keen to maintain its asset-light strategy

Business, Kanana Katharangsiporn, Published on 13/03/2026

» SET-listed Noble Development plans to maintain its asset-light strategy by seeking partners for joint ventures in new projects and investors to purchase rental condo units, a business it launched late last year.

BUSINESS

TOA banks on premium paints as growth sags

Business, Kanana Katharangsiporn, Published on 05/03/2026

» SET-listed TOA Paint (Thailand) plans to continue launching new products in the premium segment while expanding into the economy segment amid a slowing economic outlook, targeting 4% sales growth this year.

BUSINESS

Property Perfect plans to sell land, inventory for liquidity

Business, Kanana Katharangsiporn, Published on 13/02/2026

» SET-listed developer Property Perfect has frozen new project launches this year and plans to offer land bank plots and properties worth a combined 4.8 billion baht for sale to strengthen liquidity.

PROPERTY

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.

PROPERTY

Rental market thrives despite demand for home ownership

Business, Kanana Katharangsiporn, Published on 11/12/2025

» Most Thais continue to value owning high-value assets such as homes, widely regarded as symbols of stability, success and social standing, while the rental market is expanding rapidly as more consumers seek flexibility and avoid long-term debt obligations, according to the SCB Economic Intelligence Center (EIC).

PROPERTY

Bangkok homebuyers move on from earthquake shock

Business, Kanana Katharangsiporn, Published on 10/12/2025

» Greater Bangkok homebuyers have largely moved past the panic sparkedby the Myanmar earthquake in late March, but brand reputation remains a decisive factor in their purchasing decisions.

PROPERTY

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.