Showing 1 - 10 of 34
Land & Houses projects housing slump amid economic stagnation
Business, Kanana Katharangsiporn, Published on 22/01/2026
» SET-listed developer Land & Houses (LH) plans to launch only two residential projects worth a combined 3.66 billion baht in 2026, the lowest level in more than two decades, due to a sluggish economy and unpredictable housing market conditions.
Foreigners bought 3,498 properties near Japanese sensitive sites
Kyodo News, Published on 16/12/2025
» KYODO — A total of 3,498 properties around critical security facilities and remote islands in Japan were purchased by foreign individuals or entities in fiscal 2024, with nearly half from China, a government study showed Tuesday.
Interest evergreen for prime real estate
Business, Kanana Katharangsiporn, Published on 06/11/2025
» Despite a 41% plunge in the total value of land transactions nationwide -- the lowest in 15 years and occurring during an economic slowdown -- land prices in Bangkok's central business district (CBD) continued to climb, with Sukhumvit recording the sharpest increase at 10%.
Bangkok residential market slumps to a 20-year nadir
Kanana Katharangsiporn, Published on 29/07/2025
» Competition for land purchases in Greater Bangkok has slowed as housing inventory rises, sales decline, and developers pivot to clearing unsold stock to generate cash amid the worst market conditions in two decades.
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.
Central Pattana preps nine new projects worth B16bn
Business, Kanana Katharangsiporn, Published on 29/05/2025
» SET-listed developer Central Pattana (CPN) is planning to launch nine new residential projects worth a combined 16 billion baht, including a luxury single-detached house project in Krabi where it expects to open a new shopping mall in October.
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).
Pruksa Holding shifting focus to healthcare amid slowdown
Business, Kanana Katharangsiporn, Published on 04/03/2025
» SET-listed developer Pruksa Holding (PSH) is downplaying its housing development business after years of market slowdown, shifting focus to the healthcare business, which is expected to contribute half of its revenue.
UHG bags Ekkamai plot for mid-tier hotel
Business, Kanana Katharangsiporn, Published on 12/11/2024
» Commercial property developer UHG continues its acquisition of prime plots of land, leasing a one-rai site on Soi Ekkamai currently occupied by an apartment complex in order to invest 600 million baht in the development of a mid-tier hotel, prompted by enforcement of the land and building tax.
CPN preps B2bn for 5 malls, renovations
Business, Kanana Katharangsiporn, Published on 08/11/2024
» Retail and property developer Central Pattana Plc (CPN) is planning to spend 2 billion baht on five new community malls and the renovation of 15 existing malls during 2025-2029 to capitalise on evolving consumer behaviours.