Showing 1 - 10 of 17
Hotel sector braces for challenging year
Business, Kanana Katharangsiporn, Published on 10/02/2026
» Thailand's hotel sector will remain highly challenging in 2026, pressured by multiple factors, including uncertainty in key foreign markets amid global geopolitical risks and the continued strength of the baht, according to Kasikorn Research Center.
Eastern Economic Corridor land prices surge in Q1 amid strong foreign demand
Business, Kanana Katharangsiporn, Published on 17/07/2025
» The land price index in the Eastern Economic Corridor (EEC) provinces rose by 24.9% in the first quarter of 2025, marking the fifth consecutive quarterly increase, led by Rayong, where the index surged 43.5% due to strong foreign investment in the industrial sector.
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.
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).
Bangkok condo price dip anticipated
Business, Kanana Katharangsiporn, Published on 11/03/2025
» Significant discounts on completed unsold inventory of Bangkok condos will be required to attract prospective buyers and investors, as developers grapple with mounting pressure from loans totalling over 156 billion baht, due for repayment this year.
Bangkok office market to take years to recover, experts warn
Business, Kanana Katharangsiporn, Published on 25/02/2025
» The oversupplied Bangkok office market will take at least five years to return to a balanced state, with several projects postponed without a definite timeline, according to property consultancy Cushman & Wakefield.
Office oversupply hits Bangkok occupancy rates
Kanana Katharangsiporn, Published on 15/01/2025
» The Ploenchit-Chidlom-Wireless corridor, Bangkok's second-largest sub-market, has seen occupancy rates decline from a peak of 95% in 2019 to 76% today, primarily due to a surge in office supply, according to property consultant Knight Frank Thailand.
Condo market subdued in Q4
Business, Kanana Katharangsiporn, Published on 28/12/2024
» Developers should focus on strategies to reduce risks and drain unsold units priced at 1-3 million baht in the condo market, which faces challenges from weakened purchasing power and stricter lending conditions, threatening market stability.
JLL Thailand anticipates double-digit growth in 2025
Business, Kanana Katharangsiporn, Published on 28/11/2024
» Property consultant JLL Thailand expects to sustain its growth in 2025, building on a 30% increase in 2024, the largest in five years, driven by hotel transactions, land deals, property management and consultancy services.
Supalai invests B12.6bn in Australian cities
Kanana Katharangsiporn, Published on 03/09/2024
» SET-listed developer Supalai will earmark 12.6 billion baht for acquiring and developing 12 residential projects in five Australian cities, following a decade in which it invested 9.7 billion baht in 12 projects across four cities.