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Search Result for “sharp decline in tourism”

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PROPERTY

N.C. Housing slashes projects amid weak demand

Business, Molpasorn Shoowong, Published on 19/02/2026

» SET-listed developer N.C. Housing plans to launch only two projects worth a combined 2 billion baht this year, lower than in previous years, as it remains cautious because of weak consumer purchasing power.

PROPERTY

Phuket investment poised to cool further this year

Kanana Katharangsiporn, Published on 10/02/2026

» Phuket's residential property development investment is set to cool further in 2026, extending its decline from a historic peak of 190 billion baht in 2024, although underlying market demand remains resilient.

PROPERTY

Low-rise home prices rise in EEC as condos ease

Business, Kanana Katharangsiporn, Published on 05/02/2026

» Prices for low-rise houses in the Eastern Economic Corridor (EEC) continued to rise in the fourth quarter of 2025, driven by higher land costs near industrial estates and expanding employment from new industries, while condo prices softened amid a supply glut.

PROPERTY

Condo sales likely to remain flat on muted purchasing power

Business, Kanana Katharangsiporn, Published on 23/01/2026

» The condo market in 2026 is expected to remain subdued but more selective, with developers prioritising inventory clearance, premium pricing and differentiated projects, amid weak domestic purchasing power and prolonged economic uncertainty.

PROPERTY

Phuket property still hot

Kanana Katharangsiporn, Published on 14/01/2026

» Phuket's property market is outperforming Bangkok's cooling residential sector as the island transitions from a seasonal getaway to a year-round global community, primed for a new wave of international investment, according to property consultancies.

PROPERTY

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.

PROPERTY

For young Thais, owning a home put on hold

Somruedi Banchongduang, Published on 29/12/2025

» For many young Thais starting their careers, buying a home is less of an immediate goal and more of a long-term aspiration.

PROPERTY

Pressured property developers look to adapt

Kanana Katharangsiporn, Published on 29/12/2025

» The residential property market closed 2025 under heavy pressure from weak purchasing power, tight mortgage lending and external shocks, prompting developers to recalibrate strategies for 2026 around affordability, risk management and liquidity preservation.

PROPERTY

Samui market resembles Phuket's 2022 peak

Kanana Katharangsiporn, Published on 28/11/2025

» The Samui property market now mirrors Phuket's 2022 peak, with newly launched villas reaching a 15-year high and land prices up 10%, according to property consultancy Colliers Thailand.

PROPERTY

Phuket high-end markets see solid growth

Business, Kanana Katharangsiporn, Published on 27/11/2025

» Phuket's high-end villa and condo markets remain robust, supported by steady demand from foreign buyers, particularly long-stay travellers and remote workers, despite a slowdown in tourism.