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PROPERTY

Magnolia Quality Development unveils 10-year building project for over-50s housing

Business, Kanana Katharangsiporn, Published on 02/10/2025

» Property developer Magnolia Quality Development Corporation Ltd (MQDC) plans to generate residential projects for the over-50s in the mid- to lower-income segment, following a luxury project this year.

PROPERTY

Lower prices helping to revive sagging condo sentiment

Business, Kanana Katharangsiporn, Published on 02/10/2025

» New condo launches priced below market averages are attracting buyers despite a sluggish economy, a contracting residential sector and weakened purchasing power, according to SET-listed developer Supalai.

PROPERTY

Stecon ventures into property development

Business, Kanana Katharangsiporn, Published on 01/10/2025

» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.

PROPERTY

Phuket real estate cools in first half

Business, Kanana Katharangsiporn, Published on 25/09/2025

» Phuket's condo and villa market cooled markedly in the first half of 2025, with both new launches and sales contracting by more than 50% from the same period in 2024, after two consecutive years of peak new supply in 2023–24.

PROPERTY

Price cuts continue to pace condo sales

Business, Kanana Katharangsiporn, Published on 24/09/2025

» New condo supply launched in Bangkok in the third quarter of 2025 continued to slow, while projects priced more than 30% below market levels recorded strong sales, according to property consultancy Colliers Thailand.

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

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

Real estate calls for urgent steps

Kanana Katharangsiporn, Published on 16/09/2025

» The new government is being urged to introduce quick-win measures to stimulate housing demand by extending cuts on property transfer and mortgage fees to homes priced above 7 million baht, and also by lowering interest rates.

PROPERTY

Expat demand keeps Sukhumvit dominant in rental market

Kanana Katharangsiporn, Published on 15/09/2025

» The Sukhumvit corridor continued to dominate downtown Bangkok's rental housing market in the second quarter, with expatriate demand, particularly from the Japanese, supporting high occupancy and driving rents up despite a slight quarterly dip.