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BUSINESS

Property Perfect plans to sell land, inventory for liquidity

Business, Kanana Katharangsiporn, Published on 13/02/2026

» SET-listed developer Property Perfect has frozen new project launches this year and plans to offer land bank plots and properties worth a combined 4.8 billion baht for sale to strengthen liquidity.

BUSINESS

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.

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

Condos priced B3-5m still in demand amid small supply

Business, Kanana Katharangsiporn, Published on 19/12/2025

» Condos priced between 3-5 million baht were the best-selling segment in Greater Bangkok the first nine months of this year as demand in the affordable market remained strong amid limited supply.

BUSINESS

Hotels digitise as a survival strategy

Business, Kanana Katharangsiporn, Published on 10/11/2025

» Thai hotels are accelerating digital and pricing strategies to stay competitive as international arrivals slow and the Chinese market, once Thailand's biggest tourism driver, remains tepid.

BUSINESS

TOA Paint pins hopes on stimulus to foster growth

Business, Kanana Katharangsiporn, Published on 29/10/2025

» SET-listed TOA Paint (Thailand) expects modest growth this year despite a sluggish market, banking on the government's co-payment scheme leaving consumers with a greater amount of disposable income for home renovations in the fourth quarter.

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

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.

PROPERTY

Stecon ventures into property development

Business, Kanana Katharangsiporn, Published on 01/10/2025

» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.

BUSINESS

Knight Frank points to vulnerable sectors

Business, Kanana Katharangsiporn, Published on 09/07/2025

» The notification by letter yesterday stating that the US plans to maintain a 36% import duty on Thai goods is expected to affect manufacturing, logistics and industrial real estate as Thailand risks losing its appeal to foreign investors, according to property consultancy Knight Frank Thailand.