Showing 1 - 10 of 94
Raimon Land steps up sale of major holdings
Business, Kanana Katharangsiporn, Published on 03/12/2025
» SET-listed developer Raimon Land (RML) is accelerating the sale of major assets, including its 8.4-billion-baht stake in the One City Centre (OCC) office tower, as part of efforts to enhance liquidity in the first quarter of 2026.
Magnolia Quality Development unveils 10-year building project for over-50s housing
Business, Kanana Katharangsiporn, Published on 02/10/2025
» Property developer Magnolia Quality Development Corporation Ltd (MQDC) plans to generate residential projects for the over-50s in the mid- to lower-income segment, following a luxury project this year.
Frasers Property cuts costs as it maintains cautious approach in 2025
Business, Kanana Katharangsiporn, Published on 08/09/2025
» SET-listed developer Frasers Property (Thailand) (FPT) has continued to curb expenses and reduce inventory as the housing market remained sluggish in the first eight months and the outlook for the fourth quarter remains uncertain.
Low-rise developers urged to boost safety
Business, Kanana Katharangsiporn, Published on 11/07/2025
» Low-rise housing developers should invest more in structural reinforcement to improve resilience against potential future tremors, which are likely following the earthquake in Myanmar in March, according to the Thai Structural Engineers Association.
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.
US tariffs to keep Thai housing in doldrums
Business, Kanana Katharangsiporn, Published on 29/04/2025
» Despite the reduction in transfer and mortgage fees and the easing of loan-to-value (LTV) limits, the housing market will continue to slow as consumers hold back spending amid economic uncertainties caused by US tariffs.
Property investment cut amid weak demand
Business, Kanana Katharangsiporn, Published on 23/04/2025
» Residential developers in three eastern provinces slowed new investments last year in response to weak demand, driven by high mortgage rejection rates among local homebuyers.
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).
Frasers Property seeks 11% annual revenue growth
Business, Kanana Katharangsiporn, Published on 28/01/2025
» As risks and uncertainties persist in 2025, SET-listed developer Frasers Property (Thailand) (FPT) aims to maintain investments and new project launches at last year's levels, targeting 11% annual revenue growth to 16 billion baht.
Residential sales in EEC areas dip as factories shutter
Kanana Katharangsiporn, Published on 30/09/2024
» New sales of residential units in the Eastern Economic Corridor (EEC) provinces, particularly in areas near industrial estates, continued to decline in the second quarter of 2024 because of factory closures.