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Search Result for “purple line extension”

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PROPERTY

Construction, property shift tactics

Business, Kanana Katharangsiporn, Published on 07/04/2026

» The construction and property sectors are being forced to adjust strategies and build greater resilience to cope with volatile energy prices, as the Middle East conflict drives up both energy and construction material costs, according to Siam Commercial Bank Economic Intelligence Center (EIC).

PROPERTY

Developers scurry to secure prices

Business, Kanana Katharangsiporn, Published on 02/04/2026

» Residential developers are rushing to lock in construction material prices through upfront cash payments and bulk purchase agreements, while optimising logistics for cost efficiency ahead of further increases driven by surging oil prices.

PROPERTY

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.

BUSINESS

Mcot opens bids for Bangkok land

Business, Kanana Katharangsiporn, Published on 14/02/2026

» State-owned broadcaster Mcot Plc has opened bidding for the lease of more than 50 rai of land near its headquarters in the Rama IX area of Bangkok, with the site expected to be developed as a mixed-use project amid the economic slowdown and an oversupply of office space in the area.

PROPERTY

Eden Estate plans B2.4bn Bang Na sports club

Kanana Katharangsiporn, Published on 02/02/2026

» Eden Estate Corporation, a property developer owned by a granddaughter of Thailand's richest tycoon Dhanin Chearavanont, plans to invest 2.4 billion baht to develop a private sports club in the Bang Na area, targeting to break even within seven years.

PROPERTY

BTS prepares B20bn condo projects

Business, Kanana Katharangsiporn, Published on 20/01/2026

» After receiving 36 billion baht last year from the Bangkok Metropolitan Administration for debt settlement, SET-listed BTS Group Holdings will develop two condo projects in the Srinakarin and Rangsit areas, comprising 12,000 units valued at 20 billion baht.

PROPERTY

Developer moves to cut condo inventory

Business, Kanana Katharangsiporn, Published on 12/12/2025

» SET-listed developer Siamese Asset has launched an investment programme for its condo inventory to attract investors, amid growing difficulty for homebuyers securing mortgage loans and a slowdown in the corporate bond market.

PROPERTY

Luxury demand strong in western Bangkok

Business, Kanana Katharangsiporn, Published on 04/12/2025

» Western Bangkok is regaining momentum with new housing launches in two key price segments, 55-120 million baht and 9-12 million baht, led by major developers Sansiri and Supalai, despite an overall slowdown in the single detached housing market.

BUSINESS

Stecon keen to capture data centre frenzy

Business, Kanana Katharangsiporn, Published on 02/12/2025

» SET-listed contractor Stecon Group is capitalising on strong growth in the data centre sector, expanding via investments, construction, water management and renewable energy.

PROPERTY

Year to end with dip in transfers and transfer value

Kanana Katharangsiporn, Published on 26/11/2025

» Despite an expected pickup in transfers in the fourth quarter, full-year 2025 is still forecast to end with a 7% drop in the number of transfers and an 11% decline in transfer value, weighed down by the economic slowdown and weaker home-buying power.