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PROPERTY

Condo market now driven by end users

Business, Kanana Katharangsiporn, Published on 05/09/2025

» Condo purchases in Bangkok are being propelled by end users and rental investors targeting working professionals with units priced 3-5 million baht, as negotiable pricing remains essential to closing deals, according to SET-listed developer Sansiri.

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PROPERTY

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.

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PROPERTY

Araya maintaining project sales target

Kanana Katharangsiporn, Published on 03/09/2025

» Industrial property developer Araya Land Development Co is maintaining its sales target of 400 rai for its project on Bang Na-Trat KM 32 Road this year, shrugging off a new government as long as policy continuity is ensured.

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GENERAL

International schools tied to housing demand

Business, Kanana Katharangsiporn, Published on 03/09/2025

» International schools can help increase housing demand in nearby areas, attracting both parents and investment buyers seeking rental opportunities, according to residential developers.

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GENERAL

IHG brand targeting independent hotels

Business, Kanana Katharangsiporn, Published on 02/09/2025

» International chain IHG Hotels & Resorts aims to persuade independent hotel owners to convert their properties to its new brand, Garner, with the first location in Southeast Asia and second in Asia set to open in Pattaya in November 2025.

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PROPERTY

Phuket sees bumper year for property market

Business, Kanana Katharangsiporn, Published on 01/09/2025

» Despite a weak first half and the continued absence of Chinese buyers, Phuket's residential market in 2025 is expected to be among the busiest in terms of new launches and sales, according to property analysts.

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PROPERTY

Noble unlikely to meet target for presales

Business, Kanana Katharangsiporn, Published on 27/08/2025

» SET-listed Noble Development expects to miss its 2025 presales target of 13 billion baht, attributed to a sluggish economy and weak housing demand, prompting it to postpone new project launches from the second half of this year to 2026.

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PROPERTY

Sena Development maintains B10bn annual transfer target

Business, Kanana Katharangsiporn, Published on 26/08/2025

» SET-listed developer Sena Development is maintaining its annual transfer target of 10 billion baht, despite recording only 22% of the target in the first half, as it is still confident in seeing an uptick in transfers in the latter half of the year.

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PROPERTY

Office tenants fight for rent reductions amid supply glut

Business, Kanana Katharangsiporn, Published on 25/08/2025

» A slowing economy and growing office supply has prompted tenants to seek rent reductions to keep their businesses afloat, with discounts of up to 25% reported in the past quarter, according to property consultancy Knight Frank Thailand.

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PROPERTY

Thai property market reaches bottom in August

Business, Kanana Katharangsiporn, Published on 22/08/2025

» The residential market bottomed out this month and is expected to remain steady in the second half, with no clear catalysts for either a rebound or further deterioration, according to developers.