Showing 1 - 10 of 151
Minor banking on asset‑light model
Business, Kanana Katharangsiporn, Published on 24/03/2026
» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.
Sluggish demand pauses condo launches
Kanana Katharangsiporn, Published on 19/03/2026
» Despite declines in new launches and inventory in Bangkok, condo developers are likely to delay new supply this year as sales remain sluggish and absorption rates continue to fall, according to the Real Estate Information Center (REIC).
Jorakay sees steady growth despite housing slowdown
Business, Kanana Katharangsiporn, Published on 27/01/2026
» Jorakay Corporation, a manufacturer of tile adhesives, grouting products and construction chemicals, expects to achieve 10% growth this year despite a property market slowdown, supported by continued strength in second-hand housing.
Rental market thrives despite demand for home ownership
Business, Kanana Katharangsiporn, Published on 11/12/2025
» Most Thais continue to value owning high-value assets such as homes, widely regarded as symbols of stability, success and social standing, while the rental market is expanding rapidly as more consumers seek flexibility and avoid long-term debt obligations, according to the SCB Economic Intelligence Center (EIC).
Luxury demand strong in western Bangkok
Business, Kanana Katharangsiporn, Published on 04/12/2025
» Western Bangkok is regaining momentum with new housing launches in two key price segments, 55-120 million baht and 9-12 million baht, led by major developers Sansiri and Supalai, despite an overall slowdown in the single detached housing market.
Bangkok housing price index declines in third quarter
Business, Kanana Katharangsiporn, Published on 12/11/2025
» The price index of new condos, single detached houses and townhouses in Greater Bangkok dropped in the third quarter of 2025 as developers offered discounts to stimulate sluggish sales from the previous quarter.
Luxury condos experience growth as Bangkok demand surges
Business, Kanana Katharangsiporn, Published on 04/11/2025
» Despite the global economic slowdown, Bangkok's ultra-luxury condo market continues to grow, fuelled by sustained demand from Thailand's wealthy elite and foreign investors, according to property consultancy Colliers Thailand.
TOA Paint pins hopes on stimulus to foster growth
Business, Kanana Katharangsiporn, Published on 29/10/2025
» SET-listed TOA Paint (Thailand) expects modest growth this year despite a sluggish market, banking on the government's co-payment scheme leaving consumers with a greater amount of disposable income for home renovations in the fourth quarter.
Excess supply seen in capital
Business, Kanana Katharangsiporn, Published on 23/10/2025
» Hotels in Greater Bangkok should brace for an influx of new supply while average occupancy rates declined, contrary to rising figures in other regions, according to the Real Estate Information Center (REIC).
Stecon ventures into property development
Business, Kanana Katharangsiporn, Published on 01/10/2025
» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.