Showing 1 - 10 of 151
Mcot opens bids for Bangkok land
Business, Kanana Katharangsiporn, Published on 14/02/2026
» State-owned broadcaster Mcot Plc has opened bidding for the lease of more than 50 rai of land near its headquarters in the Rama IX area of Bangkok, with the site expected to be developed as a mixed-use project amid the economic slowdown and an oversupply of office space in the area.
Supalai keen on warehouse venture
Kanana Katharangsiporn, Published on 30/01/2026
» SET-listed developer Supalai is eyeing expansion into the warehouse business after forming a joint venture with Chinese investor AuGroup to develop a facility in Chon Buri, targeting tenants using Thailand as a tax-efficient export base.
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.
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.
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 infrastructure expected to boost market in Northeast
Business, Kanana Katharangsiporn, Published on 19/09/2025
» New infrastructure is expected to revive the economy and strengthen home purchasing power in Nakhon Ratchasima and Udon Thani, as transfer and mortgage fee cuts and lower interest rates have had a limited effect, according to local developers.
Real estate calls for urgent steps
Kanana Katharangsiporn, Published on 16/09/2025
» The new government is being urged to introduce quick-win measures to stimulate housing demand by extending cuts on property transfer and mortgage fees to homes priced above 7 million baht, and also by lowering interest rates.
Frasers Property cuts costs as it maintains cautious approach in 2025
Business, Kanana Katharangsiporn, Published on 08/09/2025
» SET-listed developer Frasers Property (Thailand) (FPT) has continued to curb expenses and reduce inventory as the housing market remained sluggish in the first eight months and the outlook for the fourth quarter remains uncertain.
Condo launches in Q2 hit 15-year low
Business, Kanana Katharangsiporn, Published on 04/09/2025
» The number of new condo launches in the second quarter of 2025 dropped to the lowest level in 15 years, reflecting developers' caution about fresh investments amid miserable market conditions pressured by multiple factors.
Araya maintaining project sales target
Kanana Katharangsiporn, Published on 03/09/2025
» Industrial property developer Araya Land Development Co is maintaining its sales target of 400 rai for its project on Bang Na-Trat KM 32 Road this year, shrugging off a new government as long as policy continuity is ensured.