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PROPERTY

Condo sales likely to remain flat on muted purchasing power

Business, Kanana Katharangsiporn, Published on 23/01/2026

» The condo market in 2026 is expected to remain subdued but more selective, with developers prioritising inventory clearance, premium pricing and differentiated projects, amid weak domestic purchasing power and prolonged economic uncertainty.

PROPERTY

Office tenants fight for rent reductions amid supply glut

Business, Kanana Katharangsiporn, Published on 25/08/2025

» A slowing economy and growing office supply has prompted tenants to seek rent reductions to keep their businesses afloat, with discounts of up to 25% reported in the past quarter, according to property consultancy Knight Frank Thailand.

PROPERTY

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.

PROPERTY

Narongdej family fully backs Raimon Land's capital increase

Business, Nareerat Wiriyapong, Published on 04/09/2024

» The Narongdej family is fully committed to Raimon Land's (RML) ongoing capital increase, says the company's chairman, noting that the completed and ongoing projects of the listed luxury property developer would generate more than 30 billion baht in revenue over the next 1-3 years.

PROPERTY

Real estate trends to watch in 2023

Business, Published on 03/03/2023

» Thailand has entered 2023 with a positive outlook both economically and for the real estate sector in general. The property consultancy CBRE Thailand has identified key trends to watch in the residential, office, retail, hotel and industrial and logistics sectors.

PROPERTY

Raimon Land aims to retain its reign

Business, Kanana Katharangsiporn, Published on 29/11/2022

» SET-listed developer Raimon Land plans to focus on luxury and super-luxury property development and new economy businesses, with a goal to open One City Centre, a new grade A office building in Phloenchit, in the first half of 2023.

PROPERTY

Chewathai finds comfort zone with reworked plan

Business, Kanana Katharangsiporn, Published on 22/10/2022

» MAI-listed developer Chewathai plans to resume land purchases, scale down the size of new projects and start new property-related ventures as it wrangles with the land and building tax and China's strict zero-Covid policy.

PROPERTY

Russians crowned leading buyers of Phuket condos

Business, Kanana Katharangsiporn, Published on 14/06/2022

» China's zero-Covid policy has seen Russians overtake the Chinese as the top foreign buyers of condos in Phuket, with the total in the first quarter exceeding the whole of 2021.

PROPERTY

CPN posts B8.07bn first-quarter revenue

Business, Published on 12/05/2022

» SET-listed retail and property developer Central Pattana Plc (CPN) reported its first-quarter results with total revenue of 8.07 billion baht and a net profit of 2.33 billion baht.

PROPERTY

Law calls halt to landlords cranking up bills

News, Post Reporters, Published on 02/05/2018

» A new law prohibiting apartment owners from overcharging tenants for electricity and water took effect Tuesday in a move to ensure lease contracts are fair.