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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.
LH slashes new projects as economy slows
Kanana Katharangsiporn, Published on 23/01/2025
» SET-listed developer Land & Houses (LH) will launch just four new projects worth 11.1 billion baht, the lowest level in more than two decades, due to the ongoing economic slowdown and ample existing inventory.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Land & Houses to invest B9bn in 2023
Business, Kanana Katharangsiporn, Published on 13/01/2023
» SET-listed developer Land & Houses plans to spend 9 billion baht on the property business this year, with one-third going to three hotels as the economy and tourism sector are recovering.