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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

Mortgage rejection rates expected to remain high

Business, Kanana Katharangsiporn, Published on 10/04/2025

» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.

PROPERTY

Paopoom: Stimulus to prop up real estate

Business, Wichit Chantanusornsiri, Published on 03/04/2025

» The relaxation of loan-to-value (LTV) measures combined with reduced transfer and mortgage registration fees should help expand both demand and supply in the real estate sector this year, says Deputy Finance Minister Paopoom Rojanasakul.

PROPERTY

Condo developers struggle with B80bn debt mountain

Kanana Katharangsiporn, Published on 13/03/2025

» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).

PROPERTY

Supalai bullish despite tricky conditions

Business, Molpasorn Shoowong, Published on 30/01/2025

» The real estate sector might record the lowest number of new residential projects launched in 15 years in 2025, attributed to a sluggish economy, high household debt and an elevated loan rejection rate, according to SET-listed developer Supalai.

PROPERTY

Property Perfect chops presales, revenue outlook

Kanana Katharangsiporn, Published on 27/11/2024

» SET-listed developer Property Perfect halved its 2024 presales target to 8.2 billion baht and cut its revenue projection by 20% to 8.8 billion baht, marking the second revision this year, as it plans to sell riverside hotel Royal Orchid Sheraton for 6 billion baht next year.

PROPERTY

Projected growth seen boosting housing demand next year

Business, Kanana Katharangsiporn, Published on 19/11/2024

» The projected economic growth for 2025, along with measures to address household debt, support for vulnerable groups and an anticipated increase in foreign arrivals, are expected to boost housing demand after an estimated 4.4% decline in 2024.

PROPERTY

ChatGPT disrupts Asian property industry

South China Morning Post, Published on 10/06/2023

» HONG KONG: In a city of the future, a citizen looking to buy a home will simply explain their requirements to an artificial intelligence (AI)-based assistant, which will orchestrate the entire selection and buying process without a human property agent - or the commissions such agents command.

PROPERTY

Thanasiri open to partnership model

Business, Kanana Katharangsiporn, Published on 13/05/2023

» MAI-listed developer Thanasiri Group is open to partnerships with investors and landlords as the land and building tax nudges owners to utilise their assets.

PROPERTY

Noble anticipates Chinese buyer market fully recovering in Q3

Business, Kanana Katharangsiporn, Published on 20/01/2023

» SET-listed Noble Development plans to launch 10 new residential projects worth a combined 23.3 billion baht, aiming for 23 billion baht in presales with over a quarter of this generated overseas.