Showing 1 - 10 of 108
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.
Richmont's, JLL tout UK opportunities
Kanana Katharangsiporn, Published on 19/09/2024
» Property consultants Richmont's Thailand and Jones Lang LaSalle (JLL) have introduced London properties priced from 15 million baht to attract Thai investors amid a quiet Bangkok condo market.
Office space slips as tenants upgrade
Business, Kanana Katharangsiporn, Published on 18/09/2024
» The occupancy rate of Grade B office space in Bangkok continues to decline, reaching a market low of 75% as tenants relocate to higher quality Grade A spaces equipped with better facilities in similar locations.
Mortgage rejection rate hits condo launches
Business, Kanana Katharangsiporn, Published on 17/09/2024
» The high mortgage loan rejection rate in the first quarter of 2024 caused condo developers to put the brakes on new launches in Greater Bangkok in the second quarter, likely leading to a new low in launches by the end of the year.
Phuket villa launches smash records
Business, Kanana Katharangsiporn, Published on 04/09/2024
» New villa supply launched in Phuket in the first half of 2024 surpassed total launches for the whole of 2023, with the value exceeding that of condos for the first time in 15 years, largely driven by strong demand from Russians.
Confidence still low among homebuyers
Business, Kanana Katharangsiporn, Published on 30/08/2024
» The housing purchase confidence index (HPCI) in Greater Bangkok improved slightly in the second quarter from the first quarter, thanks to property measures, but remained low because of persistent negative factors.
AssetWise posts record Q2 revenue
Kanana Katharangsiporn, Published on 14/08/2024
» SET-listed developer AssetWise set a record for revenue in the second quarter, driven by a strong performance from its campus condo and Phuket projects as the company expects to maintain momentum in the second half.
Condo launches set to fall below projections
Business, Kanana Katharangsiporn, Published on 09/08/2024
» New condo launches in Greater Bangkok this year are expected to fall short of projections, primarily attributed to weak demand amid an economic slowdown, according to consultant Colliers Thailand.
Orange Line delay hits condo project
Business, Kanana Katharangsiporn, Published on 06/08/2024
» The delayed opening of the Orange Line, which will run between Thailand Cultural Centre and Min Buri, has affected the development and launch of retail and commercial properties, but demand for condos on Ramkhamhaeng Road remains strong.
Property Perfect to launch lone project
Business, Kanana Katharangsiporn, Published on 02/08/2024
» SET-listed developer Property Perfect has scaled back its new project launches this year from seven projects worth 7.7 billion baht to just one -- the lowest number it has recorded in over 20 years -- to minimise risk amid reduced purchasing power and financial challenges.