Showing 1 - 10 of 54
Pressured property developers look to adapt
Kanana Katharangsiporn, Published on 29/12/2025
» The residential property market closed 2025 under heavy pressure from weak purchasing power, tight mortgage lending and external shocks, prompting developers to recalibrate strategies for 2026 around affordability, risk management and liquidity preservation.
Developer moves to cut condo inventory
Business, Kanana Katharangsiporn, Published on 12/12/2025
» SET-listed developer Siamese Asset has launched an investment programme for its condo inventory to attract investors, amid growing difficulty for homebuyers securing mortgage loans and a slowdown in the corporate bond market.
Examining the crux of the credit crunch
Business, Kanana Katharangsiporn, Published on 18/10/2025
» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.
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.
New Bangkok condos being offered at 2015 prices
Kanana Katharangsiporn, Published on 16/09/2025
» Some new condominiums launched recently in Bangkok have been priced at levels similar to those seen a decade ago, as developers settle for slim margins to draw buyers with limited purchasing power, according to the Thai Condominium Association.
Condo market now driven by end users
Business, Kanana Katharangsiporn, Published on 05/09/2025
» Condo purchases in Bangkok are being propelled by end users and rental investors targeting working professionals with units priced 3-5 million baht, as negotiable pricing remains essential to closing deals, according to SET-listed developer Sansiri.
Bangkok land prices decline in 2nd quarter
Business, Kanana Katharangsiporn, Published on 31/07/2025
» The price index for vacant land in Greater Bangkok fell in the second quarter of 2025 after two consecutive quarterly increases, mainly attributed to the economic slowdown and the postponement of Bangkok's new city plan implementation to 2027.
Quake rocks property market
Business, Kanana Katharangsiporn, Published on 01/04/2025
» Cracks and damage found in many high-rise condos in Bangkok after Friday's earthquake have rattled consumer confidence, likely making this year's second quarter the weakest quarter for condo sales and transfers in 15 years.
Developers want urgent support
Business, Kanana Katharangsiporn, Published on 14/03/2025
» Residential developers want swift implementation of property measures, including cuts to transfer and mortgage fees and eased lending curbs, while calling on banks to reduce interest rates by 0.25%, the level of the policy rate reduction, instead of 0.05% to 0.10%.
Boonthavorn aims for 3-4% sales uptick
Business, Kanana Katharangsiporn, Published on 05/03/2025
» Boonthavorn Retail Corporation Plc, a home improvement and construction materials retailer, is freezing new investments and cutting expenses as the market remains unfavourable this year, while targeting sales growth of 3-4%.