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Search Result for “car slump”

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PROPERTY

Land & Houses projects housing slump amid economic stagnation

Business, Kanana Katharangsiporn, Published on 22/01/2026

» SET-listed developer Land & Houses (LH) plans to launch only two residential projects worth a combined 3.66 billion baht in 2026, the lowest level in more than two decades, due to a sluggish economy and unpredictable housing market conditions.

PROPERTY

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.

PROPERTY

Luxury condos experience growth as Bangkok demand surges

Business, Kanana Katharangsiporn, Published on 04/11/2025

» Despite the global economic slowdown, Bangkok's ultra-luxury condo market continues to grow, fuelled by sustained demand from Thailand's wealthy elite and foreign investors, according to property consultancy Colliers Thailand.

BUSINESS

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.

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

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.

BUSINESS

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%.

PROPERTY

Pruksa slashes targets amid slump

Kanana Katharangsiporn, Published on 18/11/2024

» SET-listed developer Pruksa Holding has reduced its goals for new project launches, presales and revenue for its residential development business to cope with a significant market contraction in the third quarter.

PROPERTY

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.

PROPERTY

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.