Showing 1 - 10 of 23
For young Thais, owning a home put on hold
Somruedi Banchongduang, Published on 29/12/2025
» For many young Thais starting their careers, buying a home is less of an immediate goal and more of a long-term aspiration.
Condo market to see continued decline
Business, Kanana Katharangsiporn, Published on 17/06/2025
» Despite cuts in transfer and mortgage fees, as well as relaxed loan-to-value limits, Bangkok's condo market is expected to continue its decline from last year, driven by the ongoing economic slowdown and weak foreign demand.
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.
Paopoom: Stimulus to prop up real estate
Business, Wichit Chantanusornsiri, Published on 03/04/2025
» The relaxation of loan-to-value (LTV) measures combined with reduced transfer and mortgage registration fees should help expand both demand and supply in the real estate sector this year, says Deputy Finance Minister Paopoom Rojanasakul.
Minor Hotels to add 2 new brands to portfolio
Business, Molpasorn Shoowong, Published on 26/03/2025
» Minor Hotels is planning to add at least two new brands to its portfolio this year, while upgrading the new master brand identity for the group.
Residential market seen contracting 5-10% in 2025
Business, Kanana Katharangsiporn, Published on 08/01/2025
» The residential market is projected to contract by 5-10% this year, following a slowdown last year, as younger buyers delay home purchases because of reduced confidence in the economy, according to property research firm Terra Media and Consulting.
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.
Property Perfect chops presales, revenue outlook
Kanana Katharangsiporn, Published on 27/11/2024
» SET-listed developer Property Perfect halved its 2024 presales target to 8.2 billion baht and cut its revenue projection by 20% to 8.8 billion baht, marking the second revision this year, as it plans to sell riverside hotel Royal Orchid Sheraton for 6 billion baht next year.
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.
Residential market contracts in Q1
Business, Kanana Katharangsiporn, Published on 05/07/2024
» Thailand's residential market index in the first quarter of 2024 dropped for the sixth consecutive quarter, plunging to a low point post-pandemic as GDP growth slowed to 1.5%.