Showing 1 - 10 of 27
Raimon Land steps up sale of major holdings
Business, Kanana Katharangsiporn, Published on 03/12/2025
» SET-listed developer Raimon Land (RML) is accelerating the sale of major assets, including its 8.4-billion-baht stake in the One City Centre (OCC) office tower, as part of efforts to enhance liquidity in the first quarter of 2026.
Glut of warehouse space restricts rates
Kanana Katharangsiporn, Published on 15/10/2025
» Despite growth in the industrial property sector, the market for warehouses outside industrial estates has slowed, as large users like e-commerce companies increasingly invest in their own facilities, according to property consultancy Cushman & Wakefield Thailand.
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.
Condo launches in Q2 hit 15-year low
Business, Kanana Katharangsiporn, Published on 04/09/2025
» The number of new condo launches in the second quarter of 2025 dropped to the lowest level in 15 years, reflecting developers' caution about fresh investments amid miserable market conditions pressured by multiple factors.
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.
Condo buyers appraise developers following quake
Kanana Katharangsiporn, Published on 21/04/2025
» Condo buyers have become more cautious, selecting developers that act responsibly and respond effectively to crises after the recent earthquake raised safety concerns in Bangkok's high-rise condo market.
Wealthy Chinese still keen on Thai property
Kanana Katharangsiporn, Published on 17/04/2025
» Wealthy Chinese buyers have shifted from the United States to Thailand for overseas homes, with Thailand rising from seventh to first place last year, though safety remains a concern.
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.
Double financing adds to property sector's woes
Business, Somruedi Banchongduang, Published on 20/08/2024
» Higher debt leverage resulting from double financing is making it more difficult for property companies to secure bank loans, forcing some developers to rely on short-term loans from major shareholders.
Developers look to shareholders for loans
Kanana Katharangsiporn, Published on 05/08/2024
» Listed residential developers have sought to retain and raise cash by avoiding new costs, borrowing short-term loans from major shareholders, and selling assets to mitigate risks amid difficulties in the financial market and limited mortgage loan approvals.