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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.

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PROPERTY

Pattaya rebounds with strong demand for luxury condos

News, Post Reporters, Published on 12/03/2025

» Pattaya has long been one of Thailand's most vibrant real estate markets, attracting both domestic and international buyers.

PROPERTY

Lan Kwai Fong joins Phuket deal

Business, Molpasorn Shoowong, Published on 12/03/2025

» Robust long-stay demand in Phuket has attracted Hong Kong's Lan Kwai Fong Group to invest in a project worth 4.5 billion baht via joint ventures with a local developer, while a legal consultant suggested Thailand amend the hotel laws to permit the renting out of condo units on a daily basis.

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Residential market seen contracting 5-10% in 2025

Business, Kanana Katharangsiporn, Published on 08/01/2025

» The residential market is projected to contract by 5-10% this year, following a slowdown last year, as younger buyers delay home purchases because of reduced confidence in the economy, according to property research firm Terra Media and Consulting.

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Housing app merger aims for 1m users

Lamonphet Apisitniran, Published on 31/07/2024

» Urban Living Technology, a startup under SCG Distribution and Retail Co, has merged with LivingOS Corporation to strengthen their businesses that specialise in managing housing issues in condominiums and housing estates through online apps, with a goal to reach 1 million residents by 2026.

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Real estate execs back steps to boost foreign investment

Online Reporters, Published on 22/06/2024

» Local real estate executives have expressed support for proposals to extend land-lease periods to as long as 99 years, saying the change would be conducive to attracting more foreign investment.

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PROPERTY

Foreign interest key to condo projects

Business, Kanana Katharangsiporn, Published on 04/06/2024

» SET-listed Noble Development plans to focus on foreign buyers for new condo projects in Bangkok as domestic demand remains sluggish.

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PROPERTY

Seacon forecasts 10-15% revenue growth

Molpasorn Shoowong, Published on 08/02/2024

» Seacon, one of the country's oldest homebuilders, says demand for large homes and an improving economy will help drive revenue this year to 2.3 billion baht.

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The Great Room bullish on prospects

Molpasorn Shoowong, Published on 08/11/2023

» Businesses providing co-working spaces have maintained a steady growth post-pandemic as people return to work by opting for a flexible working space, with the Asia-Pacific region reporting a higher utilisation rate than other regions, according to The Great Room, an operator of co-working spaces.

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CPN keen on Phuket condos

Kanana Katharangsiporn, Published on 11/09/2023

» SET-listed Central Pattana (CPN) plans to launch two new phases of Phyll Phuket, a condo project near Central Phuket Floresta, with 700 units worth a combined 3 billion baht next year as condo demand in Phuket remains robust, driven by the tourism sector.