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PROPERTY

Treasury, KTB and GH Bank team up on appraisal prices

Wichit Chantanusornsiri, Published on 13/06/2025

» The Treasury Department has integrated its land appraisal data with Krungthai Bank (KTB) and the Government Housing (GH) Bank in an effort to make appraisal prices more reflective of market prices and increase public access to formal lending systems.

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PROPERTY

Foreign demand dip seen persisting

Business, Kanana Katharangsiporn, Published on 10/06/2025

» The intensified crackdown on nominee ownership since late last year, coupled with the global economic downturn, is expected to weaken foreign purchasing power and dampen overseas property demand in 2025.

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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.

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PROPERTY

Bangkok condo price index up 3.4%

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

» The price index for new condos for sale in Greater Bangkok rose 3.4% year-on-year in the first quarter of 2025, marking the second straight quarter exceeding 3%, driven by rising development costs, according to the Real Estate Information Center (REIC).

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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.

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PROPERTY

New hotel law raises safety concerns

Business, Narumon Kasemsuk, Published on 02/06/2025

» The Thai Hotels Association (THA) has raised the alarm for property owners over a new draft law for hotels, warning it could infringe on the rights of residents and compromise tourist safety, which is already a blemish for Thailand.

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PROPERTY

Second-hand condo units register gains

Business, Kanana Katharangsiporn, Published on 02/06/2025

» Second-hand condo transfers nationwide in the first quarter of 2025 increased across most price segments, primarily due to weakened purchasing power, according to the Real Estate Information Center (REIC).

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PROPERTY

Bangkok housing developer index for Q1 tallies 4th-lowest level ever

Business, Kanana Katharangsiporn, Published on 30/05/2025

» The sentiment index for Greater Bangkok housing developers in the first quarter of 2025 fell to the fourth-lowest level ever, behind previous troughs recorded in the fourth quarter of 2011 during severe floods, the global financial crisis in 2008, and the onset of the Covid-19 pandemic.

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PROPERTY

Central Pattana preps nine new projects worth B16bn

Business, Kanana Katharangsiporn, Published on 29/05/2025

» SET-listed developer Central Pattana (CPN) is planning to launch nine new residential projects worth a combined 16 billion baht, including a luxury single-detached house project in Krabi where it expects to open a new shopping mall in October.

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PROPERTY

Sansiri to maintain condo targets

Business, Kanana Katharangsiporn, Published on 28/05/2025

» SET-listed developer Sansiri has maintained its condo presales and revenue targets set in February, as buyer sentiment for high-rise condos improved one month after the earthquake.