Showing 1 - 10 of 55
Eastern Star targets 10% revenue growth
Business, Kanana Katharangsiporn, Published on 08/04/2026
» SET-listed developer Eastern Star Real Estate aims to achieve 10% revenue growth to 2.2 billion baht, focusing on segments with strong sales potential, tightening cost control and doubling cash flow.
Sena focuses on rent-to-own market amid stagnant economy
Business, Kanana Katharangsiporn, Published on 05/12/2025
» SET-listed Sena Development will continue to rely on rent-to-own as a core strategy next year, with the economy expected to remain sluggish with no positive drivers on the horizon to support mortgage approvals.
ESTAR targets 5% growth in revenue by year-end
Business, Kanana Katharangsiporn, Published on 16/07/2025
» SET-listed developer Eastern Star Real Estate (ESTAR) aims to grow its revenue by 5% to 2 billion baht by the end of this year, focusing on high-demand locations as it shifts to the upper-end segment amid a stagnant market.
Trump tariffs crush Thai housing demand
Business, Kanana Katharangsiporn, Published on 09/06/2025
» The "Trump effect" has had a far greater impact on housing demand than the recent earthquake, which only caused temporary delays in purchases and transfers, whereas the former led to buyers stopping purchases altogether, according to SET-listed developer Supalai.
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.
M.K. zeroes in on industrial property market
Business, Kanana Katharangsiporn, Published on 16/05/2025
» SET-listed developer M.K. Real Estate Development is exiting the residential development business and shifting its entire focus to industrial property, in response to a housing market slowdown and a surge in the industrial sector.
SKYY9 office deal ‘second largest on record’
Kanana Katharangsiporn, Published on 14/03/2025
» SKYY9 Centre, the Bangkok office tower at the centre of a controversy about the investments of the Social Security Office (SSO), represents the second-largest office transaction on record in the capital, according to the property consultancy Colliers Thailand.
Asset World Corp unveils Yaowarat project
Business, Kanana Katharangsiporn, Published on 24/01/2025
» SET-listed Asset World Corp (AWC) has unveiled its new Woeng Nakornkasem Yaowarat project, valued at 16.5 billion baht, which took four years to plan, with construction projected to take five years.
Thai developers' profits set to plunge this year
Business, Kanana Katharangsiporn, Published on 13/12/2024
» The combined profits of listed housing developers are expected to decline by more than 10% this year compared with 2023, driven by intense market competition and aggressive discount campaigns to capture dwindling demand.
CPN allots B1bn to enlarge Phuket mall
Kanana Katharangsiporn, Published on 02/12/2024
» Retail and property developer Central Pattana Plc (CPN) has earmarked 1 billion baht to expand Central Phuket's Floresta Zone with an additional 20,000 square metres for luxury brands catering to high-end customers, 70% of whom are foreigners.