Showing 1 - 10 of 13
Property market on course for further stagnation
Kanana Katharangsiporn, Published on 05/01/2026
» Developers face a prolonged period of economic uncertainty heading into 2026, with household debt, weak purchasing power and unpredictable risks shaping business decisions, says Kessara Thanyalakpark, managing director of SET-listed Sena Development.
Mandarin Oriental overhaul underway
Business, Kuakul Mornkum and Somhatai Mosika, Published on 02/05/2025
» Mandarin Oriental Hotel Group is investing roughly US$100 million to renovate the Mandarin Oriental, Bangkok, with plans to complete the project by the fourth quarter of this year.
High-rise condo transfers set to plunge
Kanana Katharangsiporn, Published on 03/04/2025
» Transfers of high-rise condominiums in Greater Bangkok are expected to decline by 50%, while total condo transfers in the region may dip by 0.8% from 2024 in the aftermath of last week's earthquake, according to research and securities firms.
Sena pioneers condo ‘subscriptions’
Kanana Katharangsiporn, Published on 19/11/2024
» SET-listed Sena Development has introduced Thailand’s first subscription model for condominium units to capitalise on the preferences of the new generation, who prioritise affordability, flexibility and a trial run before committing to ownership.
Thailand plans $1.7bn of soft loans for property sector
Reuters and Wichit Chantanusornsiri, Published on 17/10/2024
» The government is planning to offer 55 billion baht (US$1.66 billion) of soft loans to support the property sector and help boost the economy, a deputy finance minister said on Thursday.
PM allays foreign quota fears
Onnucha Hutasingh and Wassana Nanuam, Published on 23/06/2024
» Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will help stimulate the economy.
Cabinet endorses property stimulus
Business, Phusadee Arunmas and Kanana Katharangsiporn, Published on 10/04/2024
» The cabinet on Tuesday approved fresh property measures, including new cuts of the transfer fee and raising the limit for home and condo prices eligible for the transfer and mortgage registration fee benefits to 7 million baht, up from the current level of less than 3 million.
Property perks ‘could lift GDP growth to 4%’
Reuters and Bloomberg, Published on 09/04/2024
» The economy could grow by slightly more than 4% this year, driven by measures to boost the property sector approved on Tuesday, the Ministry of Finance said, as the government attempts to revive economic activity.
Foreign condo sales top pre-Covid level
Bloomberg News and Post Reporters, Published on 04/04/2024
» Chinese and Russians topped the list of foreign buyers of condominiums in Thailand last year, with visa waivers and geopolitical conflict driving demand above pre-Covid levels, according to the Real Estate Information Center (REIC).
Overwhelmed by success
Molpasorn Shoowong, Narumon Kasemsuk and Kanana Katharangsiporn, Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.