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PROPERTY

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.

PROPERTY

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.

PROPERTY

Bangkok residential market slumps to a 20-year nadir

Kanana Katharangsiporn, Published on 29/07/2025

» Competition for land purchases in Greater Bangkok has slowed as housing inventory rises, sales decline, and developers pivot to clearing unsold stock to generate cash amid the worst market conditions in two decades.

PROPERTY

Ascott targets Thailand as travel market transforms

Business, Kanana Katharangsiporn, Published on 07/07/2025

» The Ascott Ltd, a Singapore-based serviced residence and hotel operator, is focusing on Thailand as shifting travel patterns and evolving guest expectations reshape the hospitality landscape.

PROPERTY

Eastern Bangkok woos luxury developers

Business, Kanana Katharangsiporn, Published on 24/06/2025

» Demand for luxury homes in eastern Bangkok remains robust, driven by local business owners, industrial investors, parents of international school students and high-net-worth individuals seeking long-term returns, according to developers and property experts.

PROPERTY

Second-hand condo units register gains

Business, Kanana Katharangsiporn, Published on 02/06/2025

» Second-hand condo transfers nationwide in the first quarter of 2025 increased across most price segments, primarily due to weakened purchasing power, according to the Real Estate Information Center (REIC).

SUSTAINABILITY

Sustainable housing the new trend

Business, Kanana Katharangsiporn, Published on 12/05/2025

» Sustainability has become a defining factor in the housing market, with younger generations demanding homes reflect their environmental values -- pushing developers to move beyond green labels and deliver truly responsible, future-proof residential solutions.

PROPERTY

Call for free insurance to restore condo confidence

Business, Kanana Katharangsiporn, Published on 24/04/2025

» Condo developers should offer free insurance for unsold inventory or units scheduled for transfer to restore buyer confidence and lift revenue, as the earthquake last month shook consumer trust, according to property analysts.

PROPERTY

Frasers targets luxury housing

Business, Kanana Katharangsiporn, Published on 19/03/2025

» Developer Frasers Property (Thailand) Plc (FPT) plans to launch a branded residential project on Lang Suan Road and housing units in an industrial estate in Bang Na over the next few years, driven by strong demand in the luxury and industrial sectors.

BUSINESS

Thai developers' profits set to plunge this year

Business, Kanana Katharangsiporn, Published on 13/12/2024

» The combined profits of listed housing developers are expected to decline by more than 10% this year compared with 2023, driven by intense market competition and aggressive discount campaigns to capture dwindling demand.