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PROPERTY

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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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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GENERAL

SF invests B200m in bid to spur spending

Business, Kanana Katharangsiporn, Published on 06/02/2024

» Megabangna shopping mall has set aside a 200-million-baht marketing budget to increase customer traffic and spending per bill by 10-15%.

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HomePro allots B30bn for expansion drive

Business, Kanana Katharangsiporn, Published on 27/01/2024

» SET-listed Home Product Center, the operator of home decor and improvement store HomePro, plans to spend 30 billion baht from 2024-2028 to open 50 new branches and improve technology, aiming to achieve 100 billion baht in sales by 2028.

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GENERAL

Visa waivers, AI fuel Chinese market

Business, Kanana Katharangsiporn, Published on 12/12/2023

» The surge in outbound tourism among Chinese travellers can be attributed to strategic visa policies and artificial intelligence-powered travel assistants, according to China's largest online travel platform Trip.com Group.

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GENERAL

Homebuyer confidence down from 2022

Business, Kanana Katharangsiporn, Published on 08/12/2023

» The homebuyer confidence index in 2023 fell from last year as faith in respondents' financial status weakened, leading to a perception that it was not the right time to invest in high-value items, according to recent research.

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PROPERTY

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.

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GENERAL

A relationship built on trust

Business, Kanana Katharangsiporn, Published on 02/09/2023

» Japanese property firm Mitsubishi Estate is committed to continue its investments in Thailand, demonstrating its confidence in its partner AP Thailand Plc and the local market.

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PROPERTY

Residential market showing improvement since election

Business, Kanana Katharangsiporn, Published on 31/08/2023

» Since the general election, the residential market has slowly improved, primarily in the middle to upper-end segment, while low-income earners continue to be affected by an uneven economic recovery.

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PROPERTY

Sansiri presales led by luxury segment

Business, Kanana Katharangsiporn, Published on 27/07/2023

» Property developer Sansiri Plc has recorded significant growth in its first-half presales of low-rise houses, driven primarily by the luxury segment, which accounted for 60% of total presales compared to less than half of total presales prior to the pandemic.