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PROPERTY

Eastern Economic Corridor land prices surge in Q1 amid strong foreign demand

Business, Kanana Katharangsiporn, Published on 17/07/2025

» The land price index in the Eastern Economic Corridor (EEC) provinces rose by 24.9% in the first quarter of 2025, marking the fifth consecutive quarterly increase, led by Rayong, where the index surged 43.5% due to strong foreign investment in the industrial sector.

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PROPERTY

ESTAR targets 5% growth in revenue by year-end

Business, Kanana Katharangsiporn, Published on 16/07/2025

» SET-listed developer Eastern Star Real Estate (ESTAR) aims to grow its revenue by 5% to 2 billion baht by the end of this year, focusing on high-demand locations as it shifts to the upper-end segment amid a stagnant market.

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PROPERTY

Residential index hits record low in Q1

Business, Kanana Katharangsiporn, Published on 15/07/2025

» The Thailand Overall Residential Market Index (TORMI) fell to its lowest level since the index was introduced in 2021 in the first quarter of 2025, even dropping below the levels recorded during the Covid-19 pandemic, according to the Real Estate Information Center (REIC).

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PROPERTY

Low-rise developers urged to boost safety

Business, Kanana Katharangsiporn, Published on 11/07/2025

» Low-rise housing developers should invest more in structural reinforcement to improve resilience against potential future tremors, which are likely following the earthquake in Myanmar in March, according to the Thai Structural Engineers Association.

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GENERAL

Inno Precast moves away from housing

Business, Kanana Katharangsiporn, Published on 10/07/2025

» Inno Precast, a manufacturer and distributor of precast concrete, is shifting its focus to non-residential projects and end users, as the stagnant housing market is expected to take at least two years to recover.

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GENERAL

Knight Frank points to vulnerable sectors

Business, Kanana Katharangsiporn, Published on 09/07/2025

» The notification by letter yesterday stating that the US plans to maintain a 36% import duty on Thai goods is expected to affect manufacturing, logistics and industrial real estate as Thailand risks losing its appeal to foreign investors, according to property consultancy Knight Frank Thailand.

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PROPERTY

Ascott targets Thailand as travel market transforms

Business, Kanana Katharangsiporn, Published on 07/07/2025

» The Ascott Ltd, a Singapore-based serviced residence and hotel operator, is focusing on Thailand as shifting travel patterns and evolving guest expectations reshape the hospitality landscape.

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PROPERTY

Greater Bangkok property demand surges in Q1

Business, Kanana Katharangsiporn, Published on 04/07/2025

» Confidence among prospective homebuyers in Greater Bangkok surged in the first quarter of this year, reaching its highest level since tracking began in the fourth quarter of 2023, driven by interest rate cuts and the temporary easing of loan-to-value (LTV) rules.

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PROPERTY

Co-working space firm lines up 6 new branches

Business, Kanana Katharangsiporn, Published on 03/07/2025

» Co-working space operator IWG plans to open six new branches in Bangkok, Phuket, Pattaya, Rayong and Nonthaburi over the next six months, with half repurposing space in malls to fill vacancies.

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PROPERTY

ThirdHome targets branded residences for growth in Thailand

Business, Kanana Katharangsiporn, Published on 01/07/2025

» ThirdHome, a luxury home exchange club for second-home owners, aims to persuade branded residences in Thailand to join its network amid a sluggish property market, with the goal of doubling its Thai properties to 100 by the end of 2025.