Showing 1 - 10 of 179
Residential index hits record low in Q1
Business, Kanana Katharangsiporn, Published on 15/07/2025
» The Thailand Overall Residential Market Index (TORMI) fell to its lowest level since the index was introduced in 2021 in the first quarter of 2025, even dropping below the levels recorded during the Covid-19 pandemic, according to the Real Estate Information Center (REIC).
Bangkok housing developer index for Q1 tallies 4th-lowest level ever
Business, Kanana Katharangsiporn, Published on 30/05/2025
» The sentiment index for Greater Bangkok housing developers in the first quarter of 2025 fell to the fourth-lowest level ever, behind previous troughs recorded in the fourth quarter of 2011 during severe floods, the global financial crisis in 2008, and the onset of the Covid-19 pandemic.
Nippon Paint targets 20% hike in sales to B12bn
Business, Kanana Katharangsiporn, Published on 28/03/2025
» Nippon Paint Decorative Coatings (Thailand) Co, Asia's largest paint manufacturer, wants sales to increase by 20% to 12 billion baht this year, driven by a strategic focus on the recovering condo market and building renovation sector.
Estate developers set to thrive
Business, Kanana Katharangsiporn, Published on 22/01/2025
» Rental rates for factory and warehouse space are expected to continue rising, but will remain below pre-pandemic levels, unlike industrial land sales, which have recorded strong demand, primarily from Chinese investors who prefer buying over renting.
Supply glut likely to keep prices attractive
Business, Kanana Katharangsiporn, Published on 21/01/2025
» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Standard preps Hua Hin, Phuket projects
Business, Kanana Katharangsiporn, Published on 07/02/2024
» Hospitality firm Standard International is planning to launch two projects of The Standard Residences in Phuket and Hua Hin in the second quarter, with combined sales of 8.5 billion baht, aiming to achieve a 60% target in presales.
CPN & CDS anticipates 20% sales growth in first quarter
Business, Kanana Katharangsiporn, Published on 11/01/2024
» Driven by the Chinese New Year festival and the government's Easy E-Receipt scheme, SET-listed Central Pattana (CPN) expects retail sales growth of 20% in the first quarter, projecting a combined cash flow of 15 billion baht across all Central shopping mall branches.
Sentiment index slips in third quarter
Business, Kanana Katharangsiporn, Published on 13/10/2023
» The sentiment of housing developers for the next six months declined in the third quarter, with the most significant drop relating to employment concerns after the government announced a minimum daily wage of 400 baht next year.
Russians spur Phuket luxury villa market
Business, Kanana Katharangsiporn, Published on 04/10/2023
» Increasing demand for luxury villas in Phuket from Russian buyers is driving new supply in the market to reach a record high this year, which could result in a glut.