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Search Result for “covid”

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PROPERTY

Singapore million-dollar flat sales hit record

Bloomberg News, Published on 13/08/2025

» SINGAPORE — A record number of Singapore public housing units were sold for S$1 million (US$780,000) or more in the June quarter, a private data provider said on Wednesday, taking the number of high-value sales in the first half of the year to almost 75% of the 2024 total.

PROPERTY

Residential index hits record low in Q1

Business, Kanana Katharangsiporn, Published on 15/07/2025

» The Thailand Overall Residential Market Index (TORMI) fell to its lowest level since the index was introduced in 2021 in the first quarter of 2025, even dropping below the levels recorded during the Covid-19 pandemic, according to the Real Estate Information Center (REIC).

PROPERTY

Bangkok housing developer index for Q1 tallies 4th-lowest level ever

Business, Kanana Katharangsiporn, Published on 30/05/2025

» The sentiment index for Greater Bangkok housing developers in the first quarter of 2025 fell to the fourth-lowest level ever, behind previous troughs recorded in the fourth quarter of 2011 during severe floods, the global financial crisis in 2008, and the onset of the Covid-19 pandemic.

PROPERTY

Mandarin Oriental overhaul underway

Business, Kuakul Mornkum and Somhatai Mosika, Published on 02/05/2025

» Mandarin Oriental Hotel Group is investing roughly US$100 million to renovate the Mandarin Oriental, Bangkok, with plans to complete the project by the fourth quarter of this year.

PROPERTY

Bangkok's condo oversupply problem may worsen over quake fears

Bloomberg News, Published on 02/04/2025

» A condominium glut in Bangkok is set to worsen after a deadly earthquake in neighbouring Myanmar damaged thousands of skyscrapers in the Thai capital, spooking prospective buyers.

PROPERTY

Phuket real estate market booming

News, Achadthaya Chuenniran, Published on 02/04/2025

» Phuket's property market has seen rapid growth after the Covid-19 pandemic, with the province making 400 billion baht in tourism revenue last year. However, concerns persist concerning wastewater issues.

PROPERTY

Singapore private home prices hit by surprise slowdown

Bloomberg News, Published on 01/04/2025

» SINGAPORE — Singapore private home prices grew at a slower pace in the first quarter, surprising analysts who had expected a bigger rise after months of renewed interest in new projects.

PROPERTY

Estate developers set to thrive

Business, Kanana Katharangsiporn, Published on 22/01/2025

» Rental rates for factory and warehouse space are expected to continue rising, but will remain below pre-pandemic levels, unlike industrial land sales, which have recorded strong demand, primarily from Chinese investors who prefer buying over renting.

PROPERTY

Supply glut likely to keep prices attractive

Business, Kanana Katharangsiporn, Published on 21/01/2025

» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.

PROPERTY

Struggling to recover

Kanana Katharangsiporn, Published on 06/05/2024

» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.