Showing 1 - 10 of 12
Interest evergreen for prime real estate
Business, Kanana Katharangsiporn, Published on 06/11/2025
» Despite a 41% plunge in the total value of land transactions nationwide -- the lowest in 15 years and occurring during an economic slowdown -- land prices in Bangkok's central business district (CBD) continued to climb, with Sukhumvit recording the sharpest increase at 10%.
New Bangkok condos being offered at 2015 prices
Kanana Katharangsiporn, Published on 16/09/2025
» Some new condominiums launched recently in Bangkok have been priced at levels similar to those seen a decade ago, as developers settle for slim margins to draw buyers with limited purchasing power, according to the Thai Condominium Association.
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.
Contractors warned of looming private sector hazards
Business, Kanana Katharangsiporn, Published on 28/04/2025
» SET-listed contractors heavily reliant on private sector construction may face challenges next year due to the economic slowdown, while those focused on public projects will likely benefit from reduced competition, according to Kasikorn Securities.
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).
Singapore developer Frasers’ profit slumps on global downturn
Bloomberg News, Published on 11/11/2023
» SINGAPORE - Frasers Property Limited, a Singaporean multinational real estate and property management company, reported a significant drop in full-year profit as higher interest rates prompted fair value losses on commercial properties in the United Kingdom (UK), Australia and Europe.
Explainer - Vietnam's real estate woes: how much worse can they get?
Reuters, Published on 26/10/2023
» HANOI - A rough year for Vietnam's real estate sector has seen developers miss interest payments on debt, amid a credit crunch spurred by ill-timed government measures, although spillover risk has been limited.
Developers warned over unsold homes
Business, Kanana Katharangsiporn, Published on 12/09/2023
» Kasikorn Research Center has warned developers to be more cautious about launching new residential supply due to increasing amounts of unsold inventory, rising costs, and a declining population.
Major Chinese developer avoids default
AFP and Bloomberg, Published on 02/09/2023
» BEIJING: The Chinese developer Country Garden has won approval from creditors to extend a deadline for a key bond repayment, narrowly avoiding a potential default.
Developer of Ashton Asoke 'must be held responsible'
News, Post Reporters, Published on 02/08/2023
» The owner of the Ashton Asoke project is responsible for building an entrance to the condominium complex in accordance with the required standards, so they must be held responsible for failing to do so, Bangkok governor Chadchart Sittipunt said on Tuesday.