Showing 1 - 10 of 49
Land & Houses projects housing slump amid economic stagnation
Business, Kanana Katharangsiporn, Published on 22/01/2026
» SET-listed developer Land & Houses (LH) plans to launch only two residential projects worth a combined 3.66 billion baht in 2026, the lowest level in more than two decades, due to a sluggish economy and unpredictable housing market conditions.
Property market on course for further stagnation
Kanana Katharangsiporn, Published on 05/01/2026
» Developers face a prolonged period of economic uncertainty heading into 2026, with household debt, weak purchasing power and unpredictable risks shaping business decisions, says Kessara Thanyalakpark, managing director of SET-listed Sena Development.
Housing set to remain stagnant in 2026
Business, Kanana Katharangsiporn, Published on 09/12/2025
» The residential sector is expected to remain challenging for developers in 2026, weighed down by weak consumer confidence and a sluggish economy, continuing the soft momentum seen in the first nine months of 2025, when revenue and profit declined.
Raimon Land steps up sale of major holdings
Business, Kanana Katharangsiporn, Published on 03/12/2025
» SET-listed developer Raimon Land (RML) is accelerating the sale of major assets, including its 8.4-billion-baht stake in the One City Centre (OCC) office tower, as part of efforts to enhance liquidity in the first quarter of 2026.
Stecon ventures into property development
Business, Kanana Katharangsiporn, Published on 01/10/2025
» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.
Real estate price war on the horizon
Business, Somruedi Banchongduang, Published on 13/08/2025
» The slowdown in the real estate sector is expected to trigger a price war in the property market and dampen the purchasing power of upper-income homebuyers.
Residential index hits record low in Q1
Business, Kanana Katharangsiporn, Published on 15/07/2025
» The Thailand Overall Residential Market Index (TORMI) fell to its lowest level since the index was introduced in 2021 in the first quarter of 2025, even dropping below the levels recorded during the Covid-19 pandemic, according to the Real Estate Information Center (REIC).
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.
Home loan easing likely to disappoint
Business, Kanana Katharangsiporn, Published on 03/04/2025
» The recent easing of loan-to-value (LTV) limits may not boost residential transfers and sales as much as expected, particularly after last week's earthquake in Myanmar impacted the high-rise condo market.
Bangkok's condo oversupply problem may worsen over quake fears
Bloomberg News, Published on 02/04/2025
» A condominium glut in Bangkok is set to worsen after a deadly earthquake in neighbouring Myanmar damaged thousands of skyscrapers in the Thai capital, spooking prospective buyers.