Showing 1 - 10 of 11
Bangkok land prices decline in 2nd quarter
Business, Kanana Katharangsiporn, Published on 31/07/2025
» The price index for vacant land in Greater Bangkok fell in the second quarter of 2025 after two consecutive quarterly increases, mainly attributed to the economic slowdown and the postponement of Bangkok's new city plan implementation to 2027.
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).
N.C. Housing Plc unveils five projects worth B3bn
Business, Kanana Katharangsiporn, Published on 12/02/2025
» Mid-sized developer N.C. Housing Plc (NCH) plans to launch five new projects worth a combined 3 billion baht to replace sold-out projects, with a target of 4 billion baht in presales and 2 billion baht in revenue.
Bangkok residential supply dip to persist
Business, Kanana Katharangsiporn, Published on 11/02/2025
» Launches of new residential supply in Greater Bangkok will decline for a third consecutive year in 2025, largely attributed to an increase in unsold units carried over from 2024, an uncertain economy and high household debt, according to Kasikorn Research Center.
SC takes cautious approach amid oversupply in market
Business, Kanana Katharangsiporn, Published on 17/01/2025
» SET-listed developer SC Asset Corporation plans a more cautious approach to strategies and business plans this year, likely reducing residential project launches from last year as a substantial glut remains.
Firms jittery on new launches
Kanana Katharangsiporn, Published on 26/09/2024
» Residential developers in Greater Bangkok should exercise caution regarding new launches over the next nine months as the market is showing signs of strain, with declining sales and increasing unsold inventory in the second quarter.
Sena adopts cautious investment strategy
Kanana Katharangsiporn, Published on 31/07/2024
» Developers need to be more cautious with investments in the second half, as the financial market is concerned about corporate debenture repayments, due to the economic slowdown that affected demand in the first half.
Property Perfect plans cautious strategy
Business, Kanana Katharangsiporn, Published on 28/02/2024
» SET-listed developer Property Perfect is taking a more cautious approach this year, focusing on debt reduction and launching fewer new projects because of stricter funding rules for both supply and demand.
Major Chinese developer avoids default
AFP and Bloomberg, Published on 02/09/2023
» BEIJING: The Chinese developer Country Garden has won approval from creditors to extend a deadline for a key bond repayment, narrowly avoiding a potential default.
Residential property set to rebound in Q4
Kanana Katharangsiporn, Published on 28/08/2023
» The residential market, which slowed in the first seven months because of an uncertain global economy, concerns over defaults on bond payments and a condo case, is projected to rebound in the fourth quarter driven by international buyers, says a developer.