Showing 1 - 10 of 14
Rental market thrives despite demand for home ownership
Business, Kanana Katharangsiporn, Published on 11/12/2025
» Most Thais continue to value owning high-value assets such as homes, widely regarded as symbols of stability, success and social standing, while the rental market is expanding rapidly as more consumers seek flexibility and avoid long-term debt obligations, according to the SCB Economic Intelligence Center (EIC).
Year to end with dip in transfers and transfer value
Kanana Katharangsiporn, Published on 26/11/2025
» Despite an expected pickup in transfers in the fourth quarter, full-year 2025 is still forecast to end with a 7% drop in the number of transfers and an 11% decline in transfer value, weighed down by the economic slowdown and weaker home-buying power.
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.
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.
Seacon banks on civil servants
Kanana Katharangsiporn, Published on 26/02/2025
» Homebuilder Seacon continues to target civil servants amid the economic slowdown, aiming to achieve 1.69 billion baht in sales this year, growth of 12% yet less than its peak of 2 billion baht.
Residential market contracts in Q1
Business, Kanana Katharangsiporn, Published on 05/07/2024
» Thailand's residential market index in the first quarter of 2024 dropped for the sixth consecutive quarter, plunging to a low point post-pandemic as GDP growth slowed to 1.5%.
Singapore home sales decline for second month
Bloomberg News, Published on 18/06/2024
» SINGAPORE - New-home sales in Singapore fell for a second month, as weak demand and a lack of major launches continued to weigh on the market.
Residential developers getting cold feet
Kanana Katharangsiporn, Published on 06/06/2024
» The residential construction area permitted nationwide in the first three months of 2024 is expected to plunge to the lowest level in 12 quarters, reflecting developers slowing new launches of residential supply because of weak demand.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Pruksa to spend B17bn on augmenting healthcare business
Business, Kanana Katharangsiporn, Published on 21/02/2023
» SET-listed developer Pruksa Holding Plc will invest 17 billion baht between 2023-2027 to expand its healthcare business, with three new Vimut hospitals and 14 wellness and nursing home centres in Greater Bangkok to boost revenue from recurring income.