Showing 1 - 10 of 22
Sansiri targets B48bn presales in 2026
Business, Kanana Katharangsiporn, Published on 21/01/2026
» SET-listed developer Sansiri has outlined its 2026 business plan, focusing on resilient growth amid a fragile economic environment and weak purchasing power, while maintaining its leadership in Thailand's real estate sector.
Noble unlikely to meet target for presales
Business, Kanana Katharangsiporn, Published on 27/08/2025
» SET-listed Noble Development expects to miss its 2025 presales target of 13 billion baht, attributed to a sluggish economy and weak housing demand, prompting it to postpone new project launches from the second half of this year to 2026.
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.
Central Pattana preps nine new projects worth B16bn
Business, Kanana Katharangsiporn, Published on 29/05/2025
» SET-listed developer Central Pattana (CPN) is planning to launch nine new residential projects worth a combined 16 billion baht, including a luxury single-detached house project in Krabi where it expects to open a new shopping mall in October.
Contractors warned of looming private sector hazards
Business, Kanana Katharangsiporn, Published on 28/04/2025
» SET-listed contractors heavily reliant on private sector construction may face challenges next year due to the economic slowdown, while those focused on public projects will likely benefit from reduced competition, according to Kasikorn Securities.
Mortgage rejection rates expected to remain high
Business, Kanana Katharangsiporn, Published on 10/04/2025
» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.
Quake rocks property market
Business, Kanana Katharangsiporn, Published on 01/04/2025
» Cracks and damage found in many high-rise condos in Bangkok after Friday's earthquake have rattled consumer confidence, likely making this year's second quarter the weakest quarter for condo sales and transfers in 15 years.
Bullish AP lines up 42 projects this year
Business, Kanana Katharangsiporn, Published on 28/02/2025
» SET-listed developer AP Thailand remains upbeat, planning to launch 42 new projects this year, the same number as last year, with a combined sales value of 65 billion baht, marking a 35% increase, the highest in the industry.
Lending reforms to aid real estate firms in 2025
Business, Molpasorn Shoowong, Published on 03/12/2024
» While Thailand's real estate sector should remain stable next year, developers are upbeat about the possibility of easing loan-to-value (LTV) measures to help the sector, particularly the middle-income segment, according to Pruksa Real Estate.
Noble slashes 2024 revenue projection
Business, Kanana Katharangsiporn, Published on 26/11/2024
» SET-listed developer Noble Development Plc has revised down its 2024 revenue target by 18% to 11.4 billion baht, from an initial projection of 14 billion baht, following lower-than-expected performance in its low-rise housing projects.