Showing 1 - 10 of 22
Housing set to remain stagnant in 2026
Business, Kanana Katharangsiporn, Published on 09/12/2025
» The residential sector is expected to remain challenging for developers in 2026, weighed down by weak consumer confidence and a sluggish economy, continuing the soft momentum seen in the first nine months of 2025, when revenue and profit declined.
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.
SCX allots B2bn for second Pattaya hotel
Business, Kanana Katharangsiporn, Published on 22/10/2025
» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.
SC Asset Corporation touts extending foreign leaseholds
Business, Kanana Katharangsiporn, Published on 18/06/2025
» With the residential market expected to contract for at least three years, Thailand should restore foreign tourist confidence to drive economic growth and extend leasehold ownership to at least 60 years to attract international buyers, according to SET-listed developer SC Asset Corporation.
Developers' Q1 profits plunge to decade-low
Business, Kanana Katharangsiporn, Published on 04/06/2025
» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.
SC retains targets amid struggling market
Business, Kanana Katharangsiporn, Published on 08/05/2025
» SET-listed developer SC Asset Corporation is maintaining its 2025 targets for presales, revenue and new project launches, as large players are expected to capture market share amid unfavourable market sentiment.
Survival strategy of developers
Kanana Katharangsiporn, Published on 31/03/2025
» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.
Built To Build aims for modest sales growth in 2025
Kanana Katharangsiporn, Published on 06/03/2025
» Built To Build Group is aiming for 1 billion baht in sales this year, up from 900 million baht in 2024, as it pursues steady growth after a 40% surge two years ago led to a work overload.
Supply glut likely to keep prices attractive
Business, Kanana Katharangsiporn, Published on 21/01/2025
» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.
SC takes cautious approach amid oversupply in market
Business, Kanana Katharangsiporn, Published on 17/01/2025
» SET-listed developer SC Asset Corporation plans a more cautious approach to strategies and business plans this year, likely reducing residential project launches from last year as a substantial glut remains.