Showing 1 - 10 of 128
Sugar tycoons branch into hotel investments
Business, Kanana Katharangsiporn, Published on 04/03/2026
» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.
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.
Developer moves to cut condo inventory
Business, Kanana Katharangsiporn, Published on 12/12/2025
» SET-listed developer Siamese Asset has launched an investment programme for its condo inventory to attract investors, amid growing difficulty for homebuyers securing mortgage loans and a slowdown in the corporate bond market.
Rabbit looks to return to profit amid divestment
Business, Kanana Katharangsiporn, Published on 10/09/2025
» SET-listed Rabbit Holdings, a financial services and real estate subsidiary of BTS Group Holdings, expects to return to profit by year-end as part of its divestment plan.
SC Asset Corporation touts extending foreign leaseholds
Business, Kanana Katharangsiporn, Published on 18/06/2025
» With the residential market expected to contract for at least three years, Thailand should restore foreign tourist confidence to drive economic growth and extend leasehold ownership to at least 60 years to attract international buyers, according to SET-listed developer SC Asset Corporation.
Onyx preps launch of REIT worth B6.5bn
Business, Molpasorn Shoowong, Published on 11/06/2025
» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.
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.
Building owners choose to sell up as taxes start to bite
Business, Kanana Katharangsiporn, Published on 13/05/2025
» The land and building tax is continuing to force outdated and less competitive offices, apartments and hotels to exit the market, with many putting their assets up for sale or lease in the tourism sector.
Frasers targets luxury housing
Business, Kanana Katharangsiporn, Published on 19/03/2025
» Developer Frasers Property (Thailand) Plc (FPT) plans to launch a branded residential project on Lang Suan Road and housing units in an industrial estate in Bang Na over the next few years, driven by strong demand in the luxury and industrial sectors.
SC Asset to move away from property as market stagnates
Business, Kanana Katharangsiporn, Published on 21/02/2025
» SET-listed developer SC Asset Corporation plans to rebrand and diversify into non-property businesses next year, as the housing development sector continues to slow down and may take a few more years to return to normal.