Showing 1 - 10 of 599
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.
Developers scurry to secure prices
Business, Kanana Katharangsiporn, Published on 02/04/2026
» Residential developers are rushing to lock in construction material prices through upfront cash payments and bulk purchase agreements, while optimising logistics for cost efficiency ahead of further increases driven by surging oil prices.
Supalai joins forces with SISB for Rangsit housing project
Business, Kanana Katharangsiporn, Published on 02/04/2026
» SET-listed developer Supalai has joined hands with Singapore International School (SISB) for its Rangsit project following a land acquisition of more than 300 rai, its largest in years, aiming to attract housing demand from parents seeking proximity to quality education.
Minor banking on asset‑light model
Business, Kanana Katharangsiporn, Published on 24/03/2026
» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.
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).
SC Asset persists with shift to non-residential business
Kanana Katharangsiporn, Published on 10/03/2026
» SET-listed developer SC Asset Corporation will continue shifting towards non-residential business, aiming to increase its contribution to net profit to 30% by 2030 from 20% last year.
Singha Estate keeps emphasis on hotels
Business, Kanana Katharangsiporn, Published on 07/03/2026
» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.
Frasers Property rebalancing portfolio
Kanana Katharangsiporn, Published on 26/02/2026
» SET-listed Frasers Property Thailand (FPT) is consolidating the management teams of its property development affiliates as it prepares to oversee condo developer Grand Unity Development Co, following its assumption of management at the mixed-use project One Bangkok.
Aira Capital banking on leasehold developments
Business, Kanana Katharangsiporn, Published on 25/02/2026
» MAI-listed Aira Capital Group continues to focus on property investment on leasehold land, with plans to invest 2.3 billion baht to develop the DoubleTree by Hilton Bangkok Silom hotel, as well as 1 billion baht for a wellness residential project in a tourist destination.
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.