Showing 1 - 10 of 27
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.
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.
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).
China's middle-class investors lose appetite for overseas property
South China Morning Post, Published on 03/03/2025
» Stephen Yao travelled from southern China's Guangdong province to Thailand 32 times in 2017 and 2018 to help middle-class Chinese families invest in condominiums in Bangkok and Pattaya.
Condo market subdued in Q4
Business, Kanana Katharangsiporn, Published on 28/12/2024
» Developers should focus on strategies to reduce risks and drain unsold units priced at 1-3 million baht in the condo market, which faces challenges from weakened purchasing power and stricter lending conditions, threatening market stability.
Rivalry builds in Bangkok office market
Business, Kanana Katharangsiporn, Published on 03/12/2024
» Bangkok's office market must balance a growing supply pipeline of 1.1 million square metres of lettable space with shifting tenant demands, intensifying competition among landlords in an increasingly dynamic environment.
Sansiri confident in Phuket's potential as economic driver
Business, Published on 29/11/2024
» Sansiri Plc, a leading real estate developer in Thailand, has reaffirmed its commitment to Phuket, emphasising the island's potential as a key strategic hub for driving economic growth.
Firms jittery on new launches
Kanana Katharangsiporn, Published on 26/09/2024
» Residential developers in Greater Bangkok should exercise caution regarding new launches over the next nine months as the market is showing signs of strain, with declining sales and increasing unsold inventory in the second quarter.
Office space slips as tenants upgrade
Business, Kanana Katharangsiporn, Published on 18/09/2024
» The occupancy rate of Grade B office space in Bangkok continues to decline, reaching a market low of 75% as tenants relocate to higher quality Grade A spaces equipped with better facilities in similar locations.
GVREIT ploughs B200m into offices
Business, Kanana Katharangsiporn, Published on 07/08/2024
» Golden Ventures Leasehold Real Estate Investment Trust (GVREIT) will invest 200 million baht in the renovation of two office buildings in order to enhance their competitiveness and retain tenants amid a surge in office supply.