Showing 1 - 10 of 240
Pruksa expands into apartment-for-rent sector
Kanana Katharangsiporn, Published on 05/11/2025
» SET-listed housing developer Pruksa Holding has diversified into the apartment-for-rent business to secure recurring income amid a sluggish residential market, targeting a rental yield of 6-8%.
Capstone goes all in on Phuket
Business, Kanana Katharangsiporn, Published on 23/10/2025
» Property firm Capstone Asset Co is capitalising on momentum in Phuket and the emerging Phangnga market, with plans to develop a Marriott-branded residence and hotel in Phuket, a resort in Natai, and provide advisory services for a mixed-use project in Khao Lak.
Rabbit looks to return to profit amid divestment
Business, Kanana Katharangsiporn, Published on 10/09/2025
» SET-listed Rabbit Holdings, a financial services and real estate subsidiary of BTS Group Holdings, expects to return to profit by year-end as part of its divestment plan.
Bangkok residential market slumps to a 20-year nadir
Kanana Katharangsiporn, Published on 29/07/2025
» Competition for land purchases in Greater Bangkok has slowed as housing inventory rises, sales decline, and developers pivot to clearing unsold stock to generate cash amid the worst market conditions in two decades.
Primo taking steps to expand its portfolio
Business, Kanana Katharangsiporn, Published on 25/06/2025
» Primo Service Solutions Plc, a property management service provider listed on the Market for Alternative Investment, is broadening its scope to include non-residential properties and projects outside those of its parent company, Origin Property Plc, as demand in the housing sector moderates.
Eastern Bangkok woos luxury developers
Business, Kanana Katharangsiporn, Published on 24/06/2025
» Demand for luxury homes in eastern Bangkok remains robust, driven by local business owners, industrial investors, parents of international school students and high-net-worth individuals seeking long-term returns, according to developers and property experts.
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.
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.
Developers suffer in Q1 amid stagnant economy
Business, Kanana Katharangsiporn, Published on 22/05/2025
» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.
CPN to invest B10bn in green initiatives
Business, Kanana Katharangsiporn, Published on 20/05/2025
» SET-listed Central Pattana (CPN) is planning to invest 10 billion baht from 2025 to 2029 in sustainability programmes, with 600 million baht allocated to green initiatives this year through Central Pattana Green Growth, its newly established subsidiary.