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PROPERTY

Bangkok's condo oversupply problem may worsen over quake fears

Bloomberg News, Published on 02/04/2025

» A condominium glut in Bangkok is set to worsen after a deadly earthquake in neighbouring Myanmar damaged thousands of skyscrapers in the Thai capital, spooking prospective buyers.

PROPERTY

Quake rocks property market

Business, Kanana Katharangsiporn, Published on 01/04/2025

» Cracks and damage found in many high-rise condos in Bangkok after Friday's earthquake have rattled consumer confidence, likely making this year's second quarter the weakest quarter for condo sales and transfers in 15 years.

PROPERTY

Thai residential index the lowest in 12 quarters

Kanana Katharangsiporn, Published on 09/01/2025

» The overall residential market index in Thailand in the third quarter of 2024 dropped to its lowest level in 12 quarters, dating back to the third quarter of 2021, driven by declining housing transfers and a slowdown in supply.

PROPERTY

Property developers' sentiment plunges

Kanana Katharangsiporn, Published on 10/07/2024

» The sentiment index for housing developers in Greater Bangkok dropped in the second quarter to its lowest level in 15 quarters, dating back to the third quarter of 2020 during the pandemic.

PROPERTY

Gaysorn sets out Bangkok expansion plans

Business, Kanana Katharangsiporn, Published on 22/04/2023

» Gaysorn Property Co, a luxury developer and one of the largest freehold landlords in Bangkok's Ratchaprasong area, is poised to continue shaping the commercial and shopping district to maintain its position as an iconic destination.