Showing 1 - 10 of 40
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.
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.
Pruksa expands into apartment-for-rent sector
Kanana Katharangsiporn, Published on 05/11/2025
» SET-listed housing developer Pruksa Holding has diversified into the apartment-for-rent business to secure recurring income amid a sluggish residential market, targeting a rental yield of 6-8%.
Capstone goes all in on Phuket
Business, Kanana Katharangsiporn, Published on 23/10/2025
» Property firm Capstone Asset Co is capitalising on momentum in Phuket and the emerging Phangnga market, with plans to develop a Marriott-branded residence and hotel in Phuket, a resort in Natai, and provide advisory services for a mixed-use project in Khao Lak.
Condo launches in Q2 hit 15-year low
Business, Kanana Katharangsiporn, Published on 04/09/2025
» The number of new condo launches in the second quarter of 2025 dropped to the lowest level in 15 years, reflecting developers' caution about fresh investments amid miserable market conditions pressured by multiple factors.
Bangkok Land eyes major new stadium
Molpasorn Shoowong, Published on 07/08/2025
» SET-listed Bangkok Land is planning a new 45,000-seat stadium costing up to 10 billion baht on a scale similar to Rajamangala National Stadium, located at the Thunder Dome site and the adjacent football stadium in Muang Thong Thani, viewing a five-year development plan.
Illegal condo rentals continue in Bangkok
Molpasorn Shoowong, Published on 29/04/2025
» Despite authorities' efforts to crack down on illegal daily rentals in condos, major tourism cities are continuing to see the practice persist, including a condo building in Bangkok's Sukhumvit 11 developed by a SET-listed company which has avoided an investigation by just changing its name.
High-rise condo transfers set to plunge
Kanana Katharangsiporn, Published on 03/04/2025
» Transfers of high-rise condominiums in Greater Bangkok are expected to decline by 50%, while total condo transfers in the region may dip by 0.8% from 2024 in the aftermath of last week's earthquake, according to research and securities firms.
Survival strategy of developers
Kanana Katharangsiporn, Published on 31/03/2025
» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.
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).