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Developers suffer in Q1 amid stagnant economy
Business, Kanana Katharangsiporn, Published on 22/05/2025
» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.
Nye Estate unveils 2 high-end projects
Kanana Katharangsiporn, Published on 12/05/2025
» Property developer Nye Estate Co, a subsidiary of Narai Property, plans to launch two new high-end housing projects worth a combined 1.4 billion baht despite the unfavourable economy, banking on strong demand in the segment and the company's solid financial position.