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Search Result for “straight losses”

Showing 1 - 10 of 24

BUSINESS

Property Perfect plans to sell land, inventory for liquidity

Business, Kanana Katharangsiporn, Published on 13/02/2026

» SET-listed developer Property Perfect has frozen new project launches this year and plans to offer land bank plots and properties worth a combined 4.8 billion baht for sale to strengthen liquidity.

PROPERTY

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.

BUSINESS

Examining the crux of the credit crunch

Business, Kanana Katharangsiporn, Published on 18/10/2025

» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.

PROPERTY

Retail property occupancy rates set to fall below 95%

Business, Kanana Katharangsiporn, Published on 23/09/2025

» New retail property supply in 2025-26 is projected to outpace demand, pushing occupancy rates below 95% while capping rental growth at 1-2% annually, as competition among major developers intensifies and demand recovery remains sluggish.

PROPERTY

Rabbit looks to return to profit amid divestment

Business, Kanana Katharangsiporn, Published on 10/09/2025

» SET-listed Rabbit Holdings, a financial services and real estate subsidiary of BTS Group Holdings, expects to return to profit by year-end as part of its divestment plan.

PROPERTY

Bangkok condo price index up 3.4%

Business, Kanana Katharangsiporn, Published on 06/06/2025

» The price index for new condos for sale in Greater Bangkok rose 3.4% year-on-year in the first quarter of 2025, marking the second straight quarter exceeding 3%, driven by rising development costs, according to the Real Estate Information Center (REIC).

PROPERTY

Bangkok housing developer index for Q1 tallies 4th-lowest level ever

Business, Kanana Katharangsiporn, Published on 30/05/2025

» The sentiment index for Greater Bangkok housing developers in the first quarter of 2025 fell to the fourth-lowest level ever, behind previous troughs recorded in the fourth quarter of 2011 during severe floods, the global financial crisis in 2008, and the onset of the Covid-19 pandemic.

PROPERTY

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.

PROPERTY

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.

PROPERTY

Office tower sale to help get Raimon back in the black

Business, Kanana Katharangsiporn, Published on 17/10/2024

» SET-listed developer Raimon Land (RML) is anticipating a return to profit next year, driven by the sale of an office tower on Phloenchit Road valued at 14.8 billion baht and the launch of super-luxury houses priced from 880 million baht.