Showing 1 - 10 of 142
Minor banking on asset‑light model
Business, Kanana Katharangsiporn, Published on 24/03/2026
» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.
Sluggish demand pauses condo launches
Kanana Katharangsiporn, Published on 19/03/2026
» Despite declines in new launches and inventory in Bangkok, condo developers are likely to delay new supply this year as sales remain sluggish and absorption rates continue to fall, according to the Real Estate Information Center (REIC).
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.
Jorakay sees steady growth despite housing slowdown
Business, Kanana Katharangsiporn, Published on 27/01/2026
» Jorakay Corporation, a manufacturer of tile adhesives, grouting products and construction chemicals, expects to achieve 10% growth this year despite a property market slowdown, supported by continued strength in second-hand housing.
Condo sales likely to remain flat on muted purchasing power
Business, Kanana Katharangsiporn, Published on 23/01/2026
» The condo market in 2026 is expected to remain subdued but more selective, with developers prioritising inventory clearance, premium pricing and differentiated projects, amid weak domestic purchasing power and prolonged economic uncertainty.
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.
Bangkok housing price index declines in third quarter
Business, Kanana Katharangsiporn, Published on 12/11/2025
» The price index of new condos, single detached houses and townhouses in Greater Bangkok dropped in the third quarter of 2025 as developers offered discounts to stimulate sluggish sales from the previous quarter.
TOA Paint pins hopes on stimulus to foster growth
Business, Kanana Katharangsiporn, Published on 29/10/2025
» SET-listed TOA Paint (Thailand) expects modest growth this year despite a sluggish market, banking on the government's co-payment scheme leaving consumers with a greater amount of disposable income for home renovations in the fourth quarter.
Excess supply seen in capital
Business, Kanana Katharangsiporn, Published on 23/10/2025
» Hotels in Greater Bangkok should brace for an influx of new supply while average occupancy rates declined, contrary to rising figures in other regions, according to the Real Estate Information Center (REIC).
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.