Showing 1 - 10 of 29
Deal volume in real estate capital market best since 2020
Business, Kanana Katharangsiporn, Published on 12/01/2026
» Bangkok's real estate capital market remained active in 2025, recording its highest deal volume since the pandemic, driven by a recovery in tourism, portfolio diversification and renewed investor confidence, according to property consultancy CBRE Thailand.
Condo market now driven by end users
Business, Kanana Katharangsiporn, Published on 05/09/2025
» Condo purchases in Bangkok are being propelled by end users and rental investors targeting working professionals with units priced 3-5 million baht, as negotiable pricing remains essential to closing deals, according to SET-listed developer Sansiri.
Trump tariffs crush Thai housing demand
Business, Kanana Katharangsiporn, Published on 09/06/2025
» The "Trump effect" has had a far greater impact on housing demand than the recent earthquake, which only caused temporary delays in purchases and transfers, whereas the former led to buyers stopping purchases altogether, according to SET-listed developer Supalai.
New hotel law raises safety concerns
Business, Narumon Kasemsuk, Published on 02/06/2025
» The Thai Hotels Association (THA) has raised the alarm for property owners over a new draft law for hotels, warning it could infringe on the rights of residents and compromise tourist safety, which is already a blemish for Thailand.
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.
Legal rejig needed for foreign land leases
Wichit Chantanusornsiri, Published on 30/09/2024
» The idea of allowing foreigners to lease land in Thailand for up to 99 years, with the land transferred from private ownership to state property, may require amendments to the state property law, says finance permanent secretary Lavaron Sangsnit.
Narongdej family fully backs Raimon Land's capital increase
Business, Nareerat Wiriyapong, Published on 04/09/2024
» The Narongdej family is fully committed to Raimon Land's (RML) ongoing capital increase, says the company's chairman, noting that the completed and ongoing projects of the listed luxury property developer would generate more than 30 billion baht in revenue over the next 1-3 years.
Sansiri sells Standard shares to Hyatt
Nuntawun Polkuamdee, Published on 21/08/2024
» Shares of Sansiri Plc (SIRI) rose by nearly 5% on Wednesday after Thailand’s leading property developer announced an agreement to sell shares of the US-based lifestyle hotel Standard International to the Hyatt group for US$355 million.
PM allays foreign quota fears
Onnucha Hutasingh and Wassana Nanuam, Published on 23/06/2024
» Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will help stimulate the economy.
Trying to create a fairer property tax
Business, Wichit Chantanusornsiri, Published on 13/06/2024
» The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.