Showing 1 - 10 of 17
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.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Sansiri to launch 46 residential projects
Business, Kanana Katharangsiporn, Published on 24/01/2024
» As global uncertainties persist, SET-listed developer Sansiri will launch 46 new residential projects worth a combined 61 billion baht and aims for a transfer growth of 10% to 43 billion baht by year-end.
Ideas 1606 sets out ambitious beachfront sales goal
Business, Kanana Katharangsiporn, Published on 25/04/2023
» Ideas 1606, a holiday home developer under the Veyla brand, aims to sell six villas on Phangnga's Natai beach for 75 million baht each by the end of this year, with plans to launch a new project on a 100-rai plot of land on Phi Phi Island in 2024.
Developers seek gradual rise in land, building tax
Business, Kanana Katharangsiporn, Published on 16/09/2022
» Property developers have urged the government to reconsider full collection of the land and building tax, suggesting a step-by-step increase, starting from a discounted rate of 50-75% during 2023-25 as the economy is fragile.
Nye Estate eyes senior citizens
Business, Kanana Katharangsiporn, Published on 09/11/2021
» Nye Estate Co, a subsidiary of property developer Narai Property Co, will renovate a suspended riverside condo building in Nonthaburi to develop independent living units for rent to tap senior citizens.
CBD office occupancy rate decline set to persist
Business, Kanana Katharangsiporn, Published on 05/08/2021
» Following the extension to the lockdown until August, the office market slowdown will continue in the third quarter with a further decrease in occupancy rate, according to property consultant Edmund Tie & Co Thailand.
Back down to earth
Business, Kanana Katharangsiporn, Published on 30/10/2020
» Residential developers are accelerating business adjustment and new strategies to cope with a property market slowdown and an economic downturn due to the pandemic which is expected to last until next year.
New tax may see homeowners sell extras
Business, Kanana Katharangsiporn, Published on 13/05/2020
» The new land and buildings tax will force homeowners to reduce residential units being held and shift housing development to larger units, as only principal homes will be exempted.