Showing 1 - 10 of 23
Housing set to remain stagnant in 2026
Business, Kanana Katharangsiporn, Published on 09/12/2025
» The residential sector is expected to remain challenging for developers in 2026, weighed down by weak consumer confidence and a sluggish economy, continuing the soft momentum seen in the first nine months of 2025, when revenue and profit declined.
Developers' Q1 profits plunge to decade-low
Business, Kanana Katharangsiporn, Published on 04/06/2025
» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.
AP Thailand moves fast to rebuild condo trust
Published on 26/05/2025
» SET-listed developer AP Thailand has rolled out a rapid response initiative to restore consumer confidence in high-rise living following the 6.0-magnitude earthquake in Myanmar on March 28, which was felt in several high-rise condominiums in Bangkok.
Developers suffer in Q1 amid stagnant economy
Business, Kanana Katharangsiporn, Published on 22/05/2025
» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.
Bullish AP lines up 42 projects this year
Business, Kanana Katharangsiporn, Published on 28/02/2025
» SET-listed developer AP Thailand remains upbeat, planning to launch 42 new projects this year, the same number as last year, with a combined sales value of 65 billion baht, marking a 35% increase, the highest in the industry.
Supply glut likely to keep prices attractive
Business, Kanana Katharangsiporn, Published on 21/01/2025
» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.
AP rolls out lower-priced Good Day condo brand
Business, Kanana Katharangsiporn, Published on 14/11/2024
» SET-listed developer AP Thailand has launched a new condo brand for the lower-priced segment, featuring fully-furnished units aimed at capturing both real demand and investors seeking rental opportunities, despite a slowdown in this market.
AP startup taps into second-hand homes
Business, Kanana Katharangsiporn, Published on 01/10/2024
» SET-listed developer AP Thailand has launched a new business that offers buying-renovating-selling services to tap into the second-hand home market worth over 700 billion baht, a segment that housing developers rarely explore.
Big developers banking on Nonthaburi
Business, Kanana Katharangsiporn, Published on 25/05/2024
» Eight large developers launched or plan to release 4,600 residential units with an expected combined sales value of 50 billion baht on 1,300 rai in Nonthaburi, marking the first time they will be developing next to each other, while hoping to avoid direct competition.
Measures help boost AP's townhouse sales
Business, Kanana Katharangsiporn, Published on 09/05/2024
» The property measures that commenced last month helped boost townhouse sales in April, while a possible rise in the daily minimum wage needs to be weighed against a drop in the price of construction materials, according to SET-listed developer AP Thailand.