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BUSINESS

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.

PROPERTY

Call for longer leases to boost home ownership

Kanana Katharangsiporn, Published on 31/10/2025

» Three real estate associations have asked the next government to extend the lease period for residential properties from 30 years to 60 years, as a new generation of potential homebuyers can no longer afford to purchase them.

BUSINESS

Banks highlight methods to reduce mortgage rejections

Business, Kanana Katharangsiporn, Published on 17/04/2025

» Clearing debts, disclosing all sources of income, preparing documents and avoiding rushed applications can reduce the mortgage rejection rate, which rose to an average of 45% in the first quarter, according to financial institutions.

PROPERTY

Condo ruling could affect financing

Business, Kanana Katharangsiporn, Published on 11/08/2023

» The Ashton Asoke case, in which the condo was ordered to have its construction permit revoked, will have an impact on property developers who depend on issuing debt instruments and securing loans for funding, as lenders are becoming more hesitant, according to developers.

PROPERTY

Noble rejects legal worries over condos

Business, Kanana Katharangsiporn, Published on 03/08/2023

» SET-listed developer Noble Development has insisted that its two condo projects, situated on land where parts were expropriated, have no legal issues like Ashton Asoke because their given entrance-exit has remained unchanged since they were in the possession of the previous landowners.

PROPERTY

Ashton Asoke condo move raises eyebrows

Business, Kanana Katharangsiporn, Published on 02/08/2023

» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.

BUSINESS

Business leaders back U-turn on land sales

Business, Kanana Katharangsiporn, Published on 09/11/2022

» The government's decision to withdraw its proposal to sell land to prospective foreign investors has been supported by key business leaders, with the move seen as having no significant impact on the Thai property market.

BUSINESS

Sansiri banking on lower-end condos

Business, Kanana Katharangsiporn, Published on 01/03/2022

» SET-listed developer Sansiri Plc will launch lower-end condo projects for sale a month before construction is completed and work with banks to ensure the transfer of units with lower mortgage loan rejections.

BUSINESS

Landlords urged to step up property utilisation

Business, Kanana Katharangsiporn, Published on 13/11/2020

» Landlords should speed up utilising their properties to ensure efficient taxation as the land and buildings tax will return to normal rates next year, says international law firm Baker & McKenzie Ltd.

BUSINESS

Developers in crisis mode

Business, Kanana Katharangsiporn, Published on 30/03/2020

» As the coronavirus crisis crushes global and national GDP growth, property-related firms are rolling out expense controls and business continuity plans while seeking new revenue sources and ways to minimise the impact on their customers.