Showing 1 - 10 of 200
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.
SCX allots B2bn for second Pattaya hotel
Business, Kanana Katharangsiporn, Published on 22/10/2025
» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.
Examining the crux of the credit crunch
Business, Kanana Katharangsiporn, Published on 18/10/2025
» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.
Stecon ventures into property development
Business, Kanana Katharangsiporn, Published on 01/10/2025
» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.
Retail property occupancy rates set to fall below 95%
Business, Kanana Katharangsiporn, Published on 23/09/2025
» New retail property supply in 2025-26 is projected to outpace demand, pushing occupancy rates below 95% while capping rental growth at 1-2% annually, as competition among major developers intensifies and demand recovery remains sluggish.
SCX's 2 new hotels to generate B900m
Business, Kanana Katharangsiporn, Published on 18/09/2025
» SET-listed developer SC Asset Corporation's subsidiary SCX Corporation, which manages its recurring-income assets, plans to open two new hotels in Bangkok and Pattaya over the next five weeks, targeting 900 million baht in revenue in 2026.
Expat demand keeps Sukhumvit dominant in rental market
Kanana Katharangsiporn, Published on 15/09/2025
» The Sukhumvit corridor continued to dominate downtown Bangkok's rental housing market in the second quarter, with expatriate demand, particularly from the Japanese, supporting high occupancy and driving rents up despite a slight quarterly dip.
Rabbit looks to return to profit amid divestment
Business, Kanana Katharangsiporn, Published on 10/09/2025
» SET-listed Rabbit Holdings, a financial services and real estate subsidiary of BTS Group Holdings, expects to return to profit by year-end as part of its divestment plan.
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.
Developer confidence slumps in Q2
Business, Kanana Katharangsiporn, Published on 30/07/2025
» The sentiment index of Greater Bangkok housing developers dropped to its third-lowest level in the second quarter of 2025, behind the massive floods in 2011 and the global financial crisis in 2008, even sinking below sentiment during the pandemic.