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Search Result for “recover”

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PROPERTY

AssetWise to maintain focus on Phuket

Business, Kanana Katharangsiporn, Published on 09/02/2026

» SET-listed developer AssetWise expects its residential developments in Phuket to continue to lift presales and revenue this year after the island outperformed Greater Bangkok in 2025.

PROPERTY

Property market on course for further stagnation

Kanana Katharangsiporn, Published on 05/01/2026

» Developers face a prolonged period of economic uncertainty heading into 2026, with household debt, weak purchasing power and unpredictable risks shaping business decisions, says Kessara Thanyalakpark, managing director of SET-listed Sena Development.

PROPERTY

No condo market recovery until 2027

Kanana Katharangsiporn, Published on 14/10/2025

» The Bangkok condo market is expected to rebound in 2027, as sluggish conditions are likely to persist through next year and the expected general election, according to property consultancy Cushman & Wakefield Thailand.

PROPERTY

New Bangkok condos being offered at 2015 prices

Kanana Katharangsiporn, Published on 16/09/2025

» Some new condominiums launched recently in Bangkok have been priced at levels similar to those seen a decade ago, as developers settle for slim margins to draw buyers with limited purchasing power, according to the Thai Condominium Association.

PROPERTY

Condo market now driven by end users

Business, Kanana Katharangsiporn, Published on 05/09/2025

» Condo purchases in Bangkok are being propelled by end users and rental investors targeting working professionals with units priced 3-5 million baht, as negotiable pricing remains essential to closing deals, according to SET-listed developer Sansiri.

PROPERTY

Thai property market reaches bottom in August

Business, Kanana Katharangsiporn, Published on 22/08/2025

» The residential market bottomed out this month and is expected to remain steady in the second half, with no clear catalysts for either a rebound or further deterioration, according to developers.

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.

PROPERTY

Trump tariffs crush Thai housing demand

Business, Kanana Katharangsiporn, Published on 09/06/2025

» The "Trump effect" has had a far greater impact on housing demand than the recent earthquake, which only caused temporary delays in purchases and transfers, whereas the former led to buyers stopping purchases altogether, according to SET-listed developer Supalai.

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

Building owners choose to sell up as taxes start to bite

Business, Kanana Katharangsiporn, Published on 13/05/2025

» The land and building tax is continuing to force outdated and less competitive offices, apartments and hotels to exit the market, with many putting their assets up for sale or lease in the tourism sector.