Showing 1 - 10 of 116
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.
Jorakay sees steady growth despite housing slowdown
Business, Kanana Katharangsiporn, Published on 27/01/2026
» Jorakay Corporation, a manufacturer of tile adhesives, grouting products and construction chemicals, expects to achieve 10% growth this year despite a property market slowdown, supported by continued strength in second-hand housing.
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.
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.
SCX allots B2bn for second Pattaya hotel
Business, Kanana Katharangsiporn, Published on 22/10/2025
» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.
Magnolia Quality Development unveils 10-year building project for over-50s housing
Business, Kanana Katharangsiporn, Published on 02/10/2025
» Property developer Magnolia Quality Development Corporation Ltd (MQDC) plans to generate residential projects for the over-50s in the mid- to lower-income segment, following a luxury project this year.
SCX's 2 new hotels to generate B900m
Business, Kanana Katharangsiporn, Published on 18/09/2025
» SET-listed developer SC Asset Corporation's subsidiary SCX Corporation, which manages its recurring-income assets, plans to open two new hotels in Bangkok and Pattaya over the next five weeks, targeting 900 million baht in revenue in 2026.
SC Asset Corporation touts extending foreign leaseholds
Business, Kanana Katharangsiporn, Published on 18/06/2025
» With the residential market expected to contract for at least three years, Thailand should restore foreign tourist confidence to drive economic growth and extend leasehold ownership to at least 60 years to attract international buyers, according to SET-listed developer SC Asset Corporation.
Developers' Q1 profits plunge to decade-low
Business, Kanana Katharangsiporn, Published on 04/06/2025
» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.
Developers suffer in Q1 amid stagnant economy
Business, Kanana Katharangsiporn, Published on 22/05/2025
» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.