Showing 1 - 10 of 18
Land & Houses projects housing slump amid economic stagnation
Business, Kanana Katharangsiporn, Published on 22/01/2026
» SET-listed developer Land & Houses (LH) plans to launch only two residential projects worth a combined 3.66 billion baht in 2026, the lowest level in more than two decades, due to a sluggish economy and unpredictable housing market conditions.
Pressured property developers look to adapt
Kanana Katharangsiporn, Published on 29/12/2025
» The residential property market closed 2025 under heavy pressure from weak purchasing power, tight mortgage lending and external shocks, prompting developers to recalibrate strategies for 2026 around affordability, risk management and liquidity preservation.
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.
Developers want urgent support
Business, Kanana Katharangsiporn, Published on 14/03/2025
» Residential developers want swift implementation of property measures, including cuts to transfer and mortgage fees and eased lending curbs, while calling on banks to reduce interest rates by 0.25%, the level of the policy rate reduction, instead of 0.05% to 0.10%.
Property Perfect chops presales, revenue outlook
Kanana Katharangsiporn, Published on 27/11/2024
» SET-listed developer Property Perfect halved its 2024 presales target to 8.2 billion baht and cut its revenue projection by 20% to 8.8 billion baht, marking the second revision this year, as it plans to sell riverside hotel Royal Orchid Sheraton for 6 billion baht next year.
Property Perfect to launch lone project
Business, Kanana Katharangsiporn, Published on 02/08/2024
» SET-listed developer Property Perfect has scaled back its new project launches this year from seven projects worth 7.7 billion baht to just one -- the lowest number it has recorded in over 20 years -- to minimise risk amid reduced purchasing power and financial challenges.
Mortgage terms may be extended
Kanana Katharangsiporn, Published on 10/07/2024
» The Ministry of Finance is planning to hold discussions with commercial banks about the possibility of extending the home loan repayment period to a maximum age of 85 among borrowers in an effort to stimulate local demand amid the economic slowdown.
Ananda opts to initiate price cuts
Business, Kanana Katharangsiporn, Published on 28/09/2023
» Ananda Development Plc will cut the prices of its ready-to-move-in residential units, reducing the company's gross profit by 8%, in an effort to secure liquidity and bolster cash flow amid a risk that it may be unable to secure a bond rollover, along with the crisis generated by the Ashton Asoke case.
Sena shifts focus to affordable condos
Business, Kanana Katharangsiporn, Published on 23/05/2023
» SET-listed developer Sena Development Plc will develop more low-priced and affordable condo projects in response to a potential decrease in purchasing power caused by higher housing prices.
Ananda slashes transfer, presales targets
Business, Kanana Katharangsiporn, Published on 17/09/2021
» SET-listed developer Ananda Development has cut its transfer and presales targets for 2021 by 37% and 24%, respectively, after the most recent wave of the pandemic hit residential demand and delayed the country's reopening plan.