Showing 1 - 10 of 35
Sena focuses on rent-to-own market amid stagnant economy
Business, Kanana Katharangsiporn, Published on 05/12/2025
» SET-listed Sena Development will continue to rely on rent-to-own as a core strategy next year, with the economy expected to remain sluggish with no positive drivers on the horizon to support mortgage approvals.
ESTAR targets 5% growth in revenue by year-end
Business, Kanana Katharangsiporn, Published on 16/07/2025
» SET-listed developer Eastern Star Real Estate (ESTAR) aims to grow its revenue by 5% to 2 billion baht by the end of this year, focusing on high-demand locations as it shifts to the upper-end segment amid a stagnant market.
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.
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.
Thai properties at risk as Chinese buyers go cold amid abduction, trafficking news
South China Morning Post, Published on 26/01/2025
» Beijing resident Evelyn Lin paid US$274,000 for a flat in Bangkok in 2018, hoping to use the property as her home when she spends holidays in the Thai capital.
CPN allots B1bn to enlarge Phuket mall
Kanana Katharangsiporn, Published on 02/12/2024
» Retail and property developer Central Pattana Plc (CPN) has earmarked 1 billion baht to expand Central Phuket's Floresta Zone with an additional 20,000 square metres for luxury brands catering to high-end customers, 70% of whom are foreigners.
CPN preps B2bn for 5 malls, renovations
Business, Kanana Katharangsiporn, Published on 08/11/2024
» Retail and property developer Central Pattana Plc (CPN) is planning to spend 2 billion baht on five new community malls and the renovation of 15 existing malls during 2025-2029 to capitalise on evolving consumer behaviours.
House prices having less impact than mortgage woes
Business, Kanana Katharangsiporn, Published on 08/10/2024
» The increase in house prices, driven by rising construction costs, has had a significantly lower impact on prospective homebuyers compared to the difficulty people face in securing mortgage loans, according to property associations.
C.P. Land planning to unveil 9 new projects
Business, Kanana Katharangsiporn, Published on 16/07/2024
» C.P. Land Plc, a property firm owned by the CP Group, plans to launch nine new residential projects worth a combined 11.3 billion baht in Bangkok and major provinces over the next 12 months, with one third being in the high-end segment.
Foreign condo sales top pre-Covid level
Bloomberg News and Post Reporters, Published on 04/04/2024
» Chinese and Russians topped the list of foreign buyers of condominiums in Thailand last year, with visa waivers and geopolitical conflict driving demand above pre-Covid levels, according to the Real Estate Information Center (REIC).