Showing 1 - 10 of 41
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.
Expat demand keeps Sukhumvit dominant in rental market
Kanana Katharangsiporn, Published on 15/09/2025
» The Sukhumvit corridor continued to dominate downtown Bangkok's rental housing market in the second quarter, with expatriate demand, particularly from the Japanese, supporting high occupancy and driving rents up despite a slight quarterly dip.
Frasers Property brings 31 luxury detached houses to market
Business, Kanana Katharangsiporn, Published on 14/05/2025
» SET-listed developer Frasers Property (Thailand) (FPT) has launched 31 single detached houses priced between 107 and 300 million baht in the Kaset-Nawamin area, aiming to tap into strong demand from ultra-high-net-worth individuals.
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%.
CPN allots B1bn to enlarge Phuket mall
Kanana Katharangsiporn, Published on 02/12/2024
» Retail and property developer Central Pattana Plc (CPN) has earmarked 1 billion baht to expand Central Phuket's Floresta Zone with an additional 20,000 square metres for luxury brands catering to high-end customers, 70% of whom are foreigners.
Entertainment complex entices Proud Group
Kanana Katharangsiporn, Published on 04/11/2024
» Property developer Proud Group is interested in entertainment complexes via partnerships with investors who obtain licences and want to include a theme or water park as a feature of their projects.
Office tower sale to help get Raimon back in the black
Business, Kanana Katharangsiporn, Published on 17/10/2024
» SET-listed developer Raimon Land (RML) is anticipating a return to profit next year, driven by the sale of an office tower on Phloenchit Road valued at 14.8 billion baht and the launch of super-luxury houses priced from 880 million baht.
Tower has a taste of Porsche
Business, Kanana Katharangsiporn, Published on 28/08/2024
» SET-listed developer Ananda Development has partnered with Porsche Lifestyle Group to launch Porsche Design Tower Bangkok, with prices starting from 1 million baht per square metre.
Teka changes tack as condos dwindle
Business, Kanana Katharangsiporn, Published on 23/08/2024
» SET-listed contractor Teka Construction has shifted its focus to international schools, hospitals and data centres to compensate for fewer condo projects as demand is dampened by high interest rates.
SF invests B200m in bid to spur spending
Business, Kanana Katharangsiporn, Published on 06/02/2024
» Megabangna shopping mall has set aside a 200-million-baht marketing budget to increase customer traffic and spending per bill by 10-15%.