Showing 1 - 10 of 22
Housing set to remain stagnant in 2026
Business, Kanana Katharangsiporn, Published on 09/12/2025
» The residential sector is expected to remain challenging for developers in 2026, weighed down by weak consumer confidence and a sluggish economy, continuing the soft momentum seen in the first nine months of 2025, when revenue and profit declined.
Stecon ventures into property development
Business, Kanana Katharangsiporn, Published on 01/10/2025
» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.
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.
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).
Supply glut likely to keep prices attractive
Business, Kanana Katharangsiporn, Published on 21/01/2025
» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.
Land & Houses seen taking more cautious approach
Business, Kanana Katharangsiporn, Published on 14/01/2025
» A weak market in the fourth quarter of 2024 could lead Land & Houses (LH) and its subsidiary, Quality Houses (QH), to adopt a more cautious approach to new project launches in 2025, according to Kasikorn Securities.
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.
Condos to bounce back
Business, Kanana Katharangsiporn, Published on 23/11/2024
» After hitting bottom post-pandemic, Bangkok's condo market is set to rebound next year, with projects in outer areas continuing to perform well as existing stock is depleted because of price reductions by developers.
Buyers without borders
Kanana Katharangsiporn, Published on 01/07/2024
» The cabinet last month resurrected the controversial issue of offering more welcoming residential property measures for foreign buyers.
Creating an intelligent design
Business, Kanana Katharangsiporn, Published on 22/06/2024
» Bangkok design firm DWP claims to have revolutionised the Thai architectural industry by integrating artificial intelligence (AI) into its design processes, enhancing efficiency, and positioning itself at the forefront of Thailand's design landscape.