Showing 21 - 30 of 101
Supalai bullish despite tricky conditions
Business, Molpasorn Shoowong, Published on 30/01/2025
» The real estate sector might record the lowest number of new residential projects launched in 15 years in 2025, attributed to a sluggish economy, high household debt and an elevated loan rejection rate, according to SET-listed developer Supalai.
Supply glut likely to keep prices attractive
Business, Kanana Katharangsiporn, Published on 21/01/2025
» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.
Office oversupply hits Bangkok occupancy rates
Kanana Katharangsiporn, Published on 15/01/2025
» The Ploenchit-Chidlom-Wireless corridor, Bangkok's second-largest sub-market, has seen occupancy rates decline from a peak of 95% in 2019 to 76% today, primarily due to a surge in office supply, according to property consultant Knight Frank Thailand.
Land & Houses seen taking more cautious approach
Business, Kanana Katharangsiporn, Published on 14/01/2025
» A weak market in the fourth quarter of 2024 could lead Land & Houses (LH) and its subsidiary, Quality Houses (QH), to adopt a more cautious approach to new project launches in 2025, according to Kasikorn Securities.
Accor relies on growing middle class
Business, Molpasorn Shoowong, Published on 11/01/2025
» International hotel chain Accor is banking on India's growing middle class and elevated digital technology as it targets global net room growth of 5% this year.
Parents, expats drive up condo demand
Kanana Katharangsiporn, Published on 24/12/2024
» Condos near international schools in Bangkok have become highly sought after, attracting a diverse mix of Thai parents, expats and teachers, with Siam-Nana, Asoke-Ekkamai and Silom-Sathorn being the top three locations.
Rivalry builds in Bangkok office market
Business, Kanana Katharangsiporn, Published on 03/12/2024
» Bangkok's office market must balance a growing supply pipeline of 1.1 million square metres of lettable space with shifting tenant demands, intensifying competition among landlords in an increasingly dynamic environment.
Generation Rent
Business, Somruedi Banchongduang, Published on 02/12/2024
» Potential homebuyers from Gen Y and Z face significant obstacles to owning a home, with the primary one limited access to mortgages.
Noble slashes 2024 revenue projection
Business, Kanana Katharangsiporn, Published on 26/11/2024
» SET-listed developer Noble Development Plc has revised down its 2024 revenue target by 18% to 11.4 billion baht, from an initial projection of 14 billion baht, following lower-than-expected performance in its low-rise housing projects.
Condos to bounce back
Business, Kanana Katharangsiporn, Published on 23/11/2024
» After hitting bottom post-pandemic, Bangkok's condo market is set to rebound next year, with projects in outer areas continuing to perform well as existing stock is depleted because of price reductions by developers.