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BUSINESS

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.

PROPERTY

Low-rise home prices rise in EEC as condos ease

Business, Kanana Katharangsiporn, Published on 05/02/2026

» Prices for low-rise houses in the Eastern Economic Corridor (EEC) continued to rise in the fourth quarter of 2025, driven by higher land costs near industrial estates and expanding employment from new industries, while condo prices softened amid a supply glut.

PROPERTY

Britania pivots to hybrid business parks

Business, Kanana Katharangsiporn, Published on 04/02/2026

» SET-listed low-rise housing developer Britania is shifting towards business, warehouse and residential developments across five locations, with a combined value of 1.8 billion baht, targeting small and medium-sized enterprises as demand for pure housing slows.

PROPERTY

Bangkok office market stays in flux

Business, Kanana Katharangsiporn, Published on 03/02/2026

» The Bangkok office market in 2026 is expected to remain highly competitive but more selective, as limited new supply, rising Grade A demand and ESG-driven relocations reshape leasing strategies, according to property consultancies.

PROPERTY

Eden Estate plans B2.4bn Bang Na sports club

Kanana Katharangsiporn, Published on 02/02/2026

» Eden Estate Corporation, a property developer owned by a granddaughter of Thailand's richest tycoon Dhanin Chearavanont, plans to invest 2.4 billion baht to develop a private sports club in the Bang Na area, targeting to break even within seven years.

PROPERTY

Condo sales likely to remain flat on muted purchasing power

Business, Kanana Katharangsiporn, Published on 23/01/2026

» The condo market in 2026 is expected to remain subdued but more selective, with developers prioritising inventory clearance, premium pricing and differentiated projects, amid weak domestic purchasing power and prolonged economic uncertainty.

PROPERTY

Pressured property developers look to adapt

Kanana Katharangsiporn, Published on 29/12/2025

» The residential property market closed 2025 under heavy pressure from weak purchasing power, tight mortgage lending and external shocks, prompting developers to recalibrate strategies for 2026 around affordability, risk management and liquidity preservation.

BUSINESS

Stecon keen to capture data centre frenzy

Business, Kanana Katharangsiporn, Published on 02/12/2025

» SET-listed contractor Stecon Group is capitalising on strong growth in the data centre sector, expanding via investments, construction, water management and renewable energy.

PROPERTY

Interest evergreen for prime real estate

Business, Kanana Katharangsiporn, Published on 06/11/2025

» Despite a 41% plunge in the total value of land transactions nationwide -- the lowest in 15 years and occurring during an economic slowdown -- land prices in Bangkok's central business district (CBD) continued to climb, with Sukhumvit recording the sharpest increase at 10%.

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.