Showing 1 - 10 of 19
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.
Quelling the tremors of March 28
Business, Kanana Katharangsiporn, Published on 07/06/2025
» The earthquake that struck Myanmar on March 28 sent tremors through many high-rise buildings in Bangkok, shaking not just the structures but also buyer confidence, if only briefly.
Mortgage rejection rates expected to remain high
Business, Kanana Katharangsiporn, Published on 10/04/2025
» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.
Construction sector faces post-quake challenges
Business, Kanana Katharangsiporn, Published on 08/04/2025
» The construction sector, one of three industries affected by the March 28 earthquake, may benefit from post-quake repair work, but faces stricter bidding rules and a slowdown in condo development, according to a research centre.
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).
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.
Projected growth seen boosting housing demand next year
Business, Kanana Katharangsiporn, Published on 19/11/2024
» The projected economic growth for 2025, along with measures to address household debt, support for vulnerable groups and an anticipated increase in foreign arrivals, are expected to boost housing demand after an estimated 4.4% decline in 2024.
Thanasiri open to partnership model
Business, Kanana Katharangsiporn, Published on 13/05/2023
» MAI-listed developer Thanasiri Group is open to partnerships with investors and landlords as the land and building tax nudges owners to utilise their assets.
FPH pivots to luxury single detached home sector
Business, Kanana Katharangsiporn, Published on 04/02/2023
» As the impact of the pandemic slows the townhouse market, developer Frasers Property Home (Thailand) or FPH is shifting to luxury single detached houses as well as adding a condo development business.
Noble anticipates Chinese buyer market fully recovering in Q3
Business, Kanana Katharangsiporn, Published on 20/01/2023
» SET-listed Noble Development plans to launch 10 new residential projects worth a combined 23.3 billion baht, aiming for 23 billion baht in presales with over a quarter of this generated overseas.