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PROPERTY

Year to end with dip in transfers and transfer value

Kanana Katharangsiporn, Published on 26/11/2025

» Despite an expected pickup in transfers in the fourth quarter, full-year 2025 is still forecast to end with a 7% drop in the number of transfers and an 11% decline in transfer value, weighed down by the economic slowdown and weaker home-buying power.

PROPERTY

Manufacturing performs better than other sectors

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

» Despite potentially flat growth, the industrial property sector continued to outperform other real estate segments, supported by clearer US tariff policies and strong foreign direct investment (FDI) momentum in the first half.

PROPERTY

Office tenants fight for rent reductions amid supply glut

Business, Kanana Katharangsiporn, Published on 25/08/2025

» A slowing economy and growing office supply has prompted tenants to seek rent reductions to keep their businesses afloat, with discounts of up to 25% reported in the past quarter, according to property consultancy Knight Frank Thailand.

PROPERTY

Thai property market reaches bottom in August

Business, Kanana Katharangsiporn, Published on 22/08/2025

» The residential market bottomed out this month and is expected to remain steady in the second half, with no clear catalysts for either a rebound or further deterioration, according to developers.

BUSINESS

Knight Frank points to vulnerable sectors

Business, Kanana Katharangsiporn, Published on 09/07/2025

» The notification by letter yesterday stating that the US plans to maintain a 36% import duty on Thai goods is expected to affect manufacturing, logistics and industrial real estate as Thailand risks losing its appeal to foreign investors, according to property consultancy Knight Frank Thailand.

BUSINESS

CPN to invest B10bn in green initiatives

Business, Kanana Katharangsiporn, Published on 20/05/2025

» SET-listed Central Pattana (CPN) is planning to invest 10 billion baht from 2025 to 2029 in sustainability programmes, with 600 million baht allocated to green initiatives this year through Central Pattana Green Growth, its newly established subsidiary.

SUSTAINABILITY

Sustainable housing the new trend

Business, Kanana Katharangsiporn, Published on 12/05/2025

» Sustainability has become a defining factor in the housing market, with younger generations demanding homes reflect their environmental values -- pushing developers to move beyond green labels and deliver truly responsible, future-proof residential solutions.

BUSINESS

Jorakay eyes 10% growth as overseas sales boom

Business, Kanana Katharangsiporn, Published on 01/05/2025

» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals, is targeting 10% sales growth this year as its key export markets in Southeast Asia remain unaffected by US tariffs.

PROPERTY

Seacon banks on civil servants

Kanana Katharangsiporn, Published on 26/02/2025

» Homebuilder Seacon continues to target civil servants amid the economic slowdown, aiming to achieve 1.69 billion baht in sales this year, growth of 12% yet less than its peak of 2 billion baht.

BUSINESS

ESR industry investments to top $1bn

Business, Kanana Katharangsiporn, Published on 04/02/2025

» ESR (Thailand), a joint venture between the Hong Kong-based ESR Group and Thai developer Asia Industrial Estate, is expected to exceed its initial investment budget of US$1 billion for 2023–2027 due to strong demand in the industrial sector.