Showing 11 - 20 of 420
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.
UHG allots B1bn for two mid-tier hotels
Business, Kanana Katharangsiporn, Published on 01/08/2024
» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.
Price index of vacant land dips in Q2
Kanana Katharangsiporn, Published on 26/07/2024
» The price index of vacant land in Greater Bangkok declined in the second quarter of this year compared to the first quarter, primarily due to the slow economic recovery and a downturn in the residential market.
Property developers' sentiment plunges
Kanana Katharangsiporn, Published on 10/07/2024
» The sentiment index for housing developers in Greater Bangkok dropped in the second quarter to its lowest level in 15 quarters, dating back to the third quarter of 2020 during the pandemic.
Investment buyers fuel London demand
Business, Kanana Katharangsiporn, Published on 09/07/2024
» Demand for London residential properties among wealthy Thais rose 20% in the first half, driven by investment buyers.
Chinese crucial to Phuket in Q4
Kanana Katharangsiporn, Published on 08/07/2024
» August will be a critical month to gauge the number of Chinese tourists in Phuket during the fourth quarter, as the condo market on the island is projected to have the highest launch of new supply in its history.
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%.
Property rules could mimic Singapore
Business, Kanana Katharangsiporn, Published on 03/07/2024
» The government should ensure Thais can afford homes and should limit the areas for extending foreign ownership of condos to specific zones, even within a single province, to avoid opposition, says a property research firm.