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Search Result for “declining revenues”

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PROPERTY

Sena focuses on rent-to-own market amid stagnant economy

Business, Kanana Katharangsiporn, Published on 05/12/2025

» SET-listed Sena Development will continue to rely on rent-to-own as a core strategy next year, with the economy expected to remain sluggish with no positive drivers on the horizon to support mortgage approvals.

PROPERTY

Developers demand urgent measures

Business, Wichit Chantanusornsiri, Published on 24/11/2025

» Real estate developers have reiterated their calls for the government to expedite financial and tax relief measures, noting the sector is on track to record its lowest growth in two decades.

PROPERTY

Retail property occupancy rates set to fall below 95%

Business, Kanana Katharangsiporn, Published on 23/09/2025

» New retail property supply in 2025-26 is projected to outpace demand, pushing occupancy rates below 95% while capping rental growth at 1-2% annually, as competition among major developers intensifies and demand recovery remains sluggish.

PROPERTY

New infrastructure expected to boost market in Northeast

Business, Kanana Katharangsiporn, Published on 19/09/2025

» New infrastructure is expected to revive the economy and strengthen home purchasing power in Nakhon Ratchasima and Udon Thani, as transfer and mortgage fee cuts and lower interest rates have had a limited effect, according to local developers.

PROPERTY

Noble investor to take control

Business, Kanana Katharangsiporn, Published on 11/09/2025

» The co-chief executive of SET-listed Noble Development, currently its second-largest shareholder, is set to become its largest shareholder, with restructuring expected to be completed by mid-2026 as part of the company's transition plans.

PROPERTY

Condo launches in Q2 hit 15-year low

Business, Kanana Katharangsiporn, Published on 04/09/2025

» The number of new condo launches in the second quarter of 2025 dropped to the lowest level in 15 years, reflecting developers' caution about fresh investments amid miserable market conditions pressured by multiple factors.

PROPERTY

Singapore million-dollar flat sales hit record

Bloomberg News, Published on 13/08/2025

» SINGAPORE — A record number of Singapore public housing units were sold for S$1 million (US$780,000) or more in the June quarter, a private data provider said on Wednesday, taking the number of high-value sales in the first half of the year to almost 75% of the 2024 total.

PROPERTY

Real estate price war on the horizon

Business, Somruedi Banchongduang, Published on 13/08/2025

» The slowdown in the real estate sector is expected to trigger a price war in the property market and dampen the purchasing power of upper-income homebuyers.

PROPERTY

Bangkok Land eyes major new stadium

Molpasorn Shoowong, Published on 07/08/2025

» SET-listed Bangkok Land is planning a new 45,000-seat stadium costing up to 10 billion baht on a scale similar to Rajamangala National Stadium, located at the Thunder Dome site and the adjacent football stadium in Muang Thong Thani, viewing a five-year development plan.

PROPERTY

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.