Showing 1 - 10 of 10
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).
Phuket real estate cools in first half
Business, Kanana Katharangsiporn, Published on 25/09/2025
» Phuket's condo and villa market cooled markedly in the first half of 2025, with both new launches and sales contracting by more than 50% from the same period in 2024, after two consecutive years of peak new supply in 2023–24.
Chinese condo purchases likely depressed this year
Somruedi Banchongduang, Published on 07/04/2025
» Condo transfers from Chinese buyers in Thailand are expected to remain at less than 40% of foreign transfers for the second consecutive year, as tourism from the nation softens and the recent earthquake dents confidence, according to Krungthai Compass, the research centre under Krungthai Bank.
Accor relies on growing middle class
Business, Molpasorn Shoowong, Published on 11/01/2025
» International hotel chain Accor is banking on India's growing middle class and elevated digital technology as it targets global net room growth of 5% this year.
Myanmar No.2 for Thai condo sales
Kanana Katharangsiporn, Published on 10/01/2025
» Thai condo transfers to Myanmar buyers ranked second after Chinese purchasers for the first nine months of 2024, overtaking Russian buyers as the neighbouring government's crackdown on Thai condo purchases subsided.
Hylife Group aims to go public by 2030
Business, Nareerat Wiriyapong, Published on 18/09/2024
» Hylife Group, a Chiang Mai-based Indian-owned conglomerate, plans to float shares on either the Thai bourse or another Asian stock market by 2030 as it aggressively expands in Thailand, says chief executive Shubhodeep Das.
Foreign buyers drive Q1 condo sales
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).
Prospect allocates B22bn for expansion
Business, Kanana Katharangsiporn, Published on 03/04/2024
» Factory and warehouse developer Prospect Development Co will invest 22 billion baht between 2024 and 2028 to add new space covering 1.25 million square metres in total, with the aim of capitalising on growing demand in the market.
Rate hike would likely hurt housing market
Business, Kanana Katharangsiporn, Published on 26/09/2023
» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.
Perks needed to up demand
Business, Kanana Katharangsiporn, Published on 29/08/2023
» Property incentives are needed to boost residential demand during the remainder of the year as the number of housing transfers and sales in the second quarter continued to drop, according to the Real Estate Information Center (REIC).