Showing 1 - 10 of 609
House sales to fall as war hits demand
Business, Kanana Katharangsiporn, Published on 16/04/2026
» The residential market is expected to contract for a fourth consecutive year in 2026, with nationwide transfers projected to fall by 5.1% year-on-year to around 300,000 units, the lowest level in years, reflecting fragile buying activity, according to Kasikorn Research Center.
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.
Minor banking on asset‑light model
Business, Kanana Katharangsiporn, Published on 24/03/2026
» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.
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.
Noble keen to maintain its asset-light strategy
Business, Kanana Katharangsiporn, Published on 13/03/2026
» SET-listed Noble Development plans to maintain its asset-light strategy by seeking partners for joint ventures in new projects and investors to purchase rental condo units, a business it launched late last year.
Sansiri confident amid global turmoil
Kanana Katharangsiporn, Published on 11/03/2026
» Construction costs for housing and condo projects already launched remain largely unaffected by global uncertainties, although a prolonged rise in oil prices could push up building costs for new developments, says SET-listed developer Sansiri.
SC Asset persists with shift to non-residential business
Kanana Katharangsiporn, Published on 10/03/2026
» SET-listed developer SC Asset Corporation will continue shifting towards non-residential business, aiming to increase its contribution to net profit to 30% by 2030 from 20% last year.
Singha Estate keeps emphasis on hotels
Business, Kanana Katharangsiporn, Published on 07/03/2026
» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.
Pruksa continues scaling back launches this year
Business, Kanana Katharangsiporn, Published on 04/03/2026
» SET-listed developer Pruksa Holding continues to scale back new residential launches this year, planning only seven projects worth a combined 8.2 billion baht as it shifts focus to clearing unsold inventory worth 66 billion baht and expanding recurring-income assets.
Lalin targets 5% growth in presales, revenue
Business, Kanana Katharangsiporn, Published on 12/02/2026
» SET-listed mid-sized developer Lalin Property is targeting 5% growth in presales and revenue in 2026, banking on the new government to help stimulate the economy.