Showing 1 - 10 of 37
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.
Real estate calls for urgent steps
Kanana Katharangsiporn, Published on 16/09/2025
» The new government is being urged to introduce quick-win measures to stimulate housing demand by extending cuts on property transfer and mortgage fees to homes priced above 7 million baht, and also by lowering interest rates.
Charn Issara recommends government stimulus push
Kanana Katharangsiporn, Published on 20/06/2025
» The luxury segment is the lone bright spot in the Thai property market, driven by foreign demand as local buyers continue to wait for the government to revive the economy, such as through the proposed Kra Canal project, according to SET-listed developer Charn Issara Development.
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.
Condo market to see continued decline
Business, Kanana Katharangsiporn, Published on 17/06/2025
» Despite cuts in transfer and mortgage fees, as well as relaxed loan-to-value limits, Bangkok's condo market is expected to continue its decline from last year, driven by the ongoing economic slowdown and weak foreign demand.
Foreign demand dip seen persisting
Business, Kanana Katharangsiporn, Published on 10/06/2025
» The intensified crackdown on nominee ownership since late last year, coupled with the global economic downturn, is expected to weaken foreign purchasing power and dampen overseas property demand in 2025.
Sena enters into industrial sector
Kanana Katharangsiporn, Published on 21/05/2025
» SET-listed developer Sena Development is venturing into the industrial sector amid a residential market downturn, partnering with Japan's Mitsubishi Logistics Corp to develop rental warehouses and factories on Bang Na-Trat KM 23.
Building owners choose to sell up as taxes start to bite
Business, Kanana Katharangsiporn, Published on 13/05/2025
» The land and building tax is continuing to force outdated and less competitive offices, apartments and hotels to exit the market, with many putting their assets up for sale or lease in the tourism sector.
Survival strategy of developers
Kanana Katharangsiporn, Published on 31/03/2025
» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.
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.