Showing 1 - 10 of 39
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.
TOA Paint planning to tap alternate product segments
Business, Kanana Katharangsiporn, Published on 05/05/2025
» SET-listed TOA Paint (Thailand) aims to sustain sales this year via repainting and new product segments amid global economic uncertainty and a sluggish domestic economy.
Residential prices increase in Q4 of 2024
Kanana Katharangsiporn, Published on 10/02/2025
» Residential prices in urban areas and along mass transit lines continued to rise in the fourth quarter of 2024, as soaring land and construction costs pushed up prices for new launches, according to the Real Estate Information Center (REIC).
Office tower sale to help get Raimon back in the black
Business, Kanana Katharangsiporn, Published on 17/10/2024
» SET-listed developer Raimon Land (RML) is anticipating a return to profit next year, driven by the sale of an office tower on Phloenchit Road valued at 14.8 billion baht and the launch of super-luxury houses priced from 880 million baht.
Condo, low-rise house price index up in second quarter
Kanana Katharangsiporn, Published on 15/07/2024
» The price index of new condos and low-rise houses offered for sale in Greater Bangkok in the second quarter continued to rise for a sixth consecutive quarter, driven by higher land prices, construction costs and wages.
Post-rejig, Sen X targets 40% growth
Business, Kanana Katharangsiporn, Published on 31/05/2024
» SET-listed property firm Sen X plans to restructure by merging subsidiaries related to property services, expanding to manage non-residential properties, adding new businesses and shifting to high-priced housing segments to secure 40% growth by year-end.
Jorakay plans new factory in Vietnam
Business, Kanana Katharangsiporn, Published on 02/05/2024
» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals under the Crocodile brand, plans to invest 300 million baht in 2028 to set up a factory in Vietnam to tap strong demand and expand its export base to the Philippines and Indonesia.
Reaping the property stimulus rewards
Business, Kanana Katharangsiporn, Published on 18/04/2024
» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.
Homebuyer confidence down from 2022
Business, Kanana Katharangsiporn, Published on 08/12/2023
» The homebuyer confidence index in 2023 fell from last year as faith in respondents' financial status weakened, leading to a perception that it was not the right time to invest in high-value items, according to recent research.
Demand remains healthy for single detached houses
Business, Kanana Katharangsiporn, Published on 24/10/2023
» The single detached house market in Greater Bangkok has been robust since last year, resulting in a year-on-year increase in the price index for five consecutive quarters as demand is strong.