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Search Result for “drop”

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PROPERTY

Thai condo market sees fewer US, Chinese buyers

Business, Kanana Katharangsiporn, Published on 28/04/2026

» Chinese and American buyers were the only two nationalities among the top 10 for Thai condominium transfers last year to record declines in both unit numbers and value, while the other eight either saw increases in both or a decline in only one metric.

PROPERTY

Sluggish demand pauses condo launches

Kanana Katharangsiporn, Published on 19/03/2026

» Despite declines in new launches and inventory in Bangkok, condo developers are likely to delay new supply this year as sales remain sluggish and absorption rates continue to fall, according to the Real Estate Information Center (REIC).

PROPERTY

Cautious developers to cut Bangkok housing launches

Kanana Katharangsiporn, Published on 16/03/2026

» New residential supply launched in Greater Bangkok this year is expected to continue to decline after hitting a multi-year low in 2025, as a large amount of inventory remains unsold and developers become more cautious about investment.

BUSINESS

Hotel sector braces for challenging year

Business, Kanana Katharangsiporn, Published on 10/02/2026

» Thailand's hotel sector will remain highly challenging in 2026, pressured by multiple factors, including uncertainty in key foreign markets amid global geopolitical risks and the continued strength of the baht, according to Kasikorn Research Center.

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

Year to end with dip in transfers and transfer value

Kanana Katharangsiporn, Published on 26/11/2025

» Despite an expected pickup in transfers in the fourth quarter, full-year 2025 is still forecast to end with a 7% drop in the number of transfers and an 11% decline in transfer value, weighed down by the economic slowdown and weaker home-buying power.

PROPERTY

Bangkok housing price index declines in third quarter

Business, Kanana Katharangsiporn, Published on 12/11/2025

» The price index of new condos, single detached houses and townhouses in Greater Bangkok dropped in the third quarter of 2025 as developers offered discounts to stimulate sluggish sales from the previous quarter.

BUSINESS

Call for power upgrades to fuel data centres

Business, Kanana Katharangsiporn, Published on 16/10/2025

» Thailand's data centre capacity is projected to more than double over the next few years, but the government must upgrade power transmission lines and substations as electricity shortages are emerging in key provinces such as Chon Buri and Rayong.

PROPERTY

Phuket real estate cools in first half

Business, Kanana Katharangsiporn, Published on 25/09/2025

» Phuket's condo and villa market cooled markedly in the first half of 2025, with both new launches and sales contracting by more than 50% from the same period in 2024, after two consecutive years of peak new supply in 2023–24.

PROPERTY

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.