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PROPERTY

Centara sinks B1.4bn into revamp of Pattaya resort

Molpasorn Shoowong, Published on 07/02/2025

» Centara Hotels and Resorts (CHR) has invested 1.4 billion baht to revamp Centara Grand Mirage Beach Resort Pattaya to capture premium guests and families, as it wants to expand water park-themed hotels labelled "Mirage" to new destinations.

PROPERTY

Sansiri supports several projects

Kanana Katharangsiporn, Published on 03/02/2025

» Sansiri Plc has reinforced its leadership in sustainable property development by earning an AAA SET ESG rating in 2024, building on its consistent inclusion in the Thailand Sustainability Investment index since 2020.

PROPERTY

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.

PROPERTY

LH slashes new projects as economy slows

Kanana Katharangsiporn, Published on 23/01/2025

» SET-listed developer Land & Houses (LH) will launch just four new projects worth 11.1 billion baht, the lowest level in more than two decades, due to the ongoing economic slowdown and ample existing inventory.

PROPERTY

Industrial estate sales boom to persist

Kanana Katharangsiporn, Published on 13/01/2025

» Land sales in industrial estates are expected to remain robust in 2025, building on strong demand from last year, driven by changes in US import and foreign policies, according to property firm Cushman & Wakefield Thailand.

PROPERTY

Myanmar No.2 for Thai condo sales

Kanana Katharangsiporn, Published on 10/01/2025

» Thai condo transfers to Myanmar buyers ranked second after Chinese purchasers for the first nine months of 2024, overtaking Russian buyers as the neighbouring government's crackdown on Thai condo purchases subsided.

PROPERTY

Bangkok property hotspots revealed

Business, Kanana Katharangsiporn, Published on 03/01/2025

» Kaset Nawamin-Ram Intra and Bang Na-Samut Prakan were the hottest Bangkok locations for property demand in 2024, ranking among the top three to five for single houses, townhouses, condos and luxury houses.

PROPERTY

Condo market subdued in Q4

Business, Kanana Katharangsiporn, Published on 28/12/2024

» Developers should focus on strategies to reduce risks and drain unsold units priced at 1-3 million baht in the condo market, which faces challenges from weakened purchasing power and stricter lending conditions, threatening market stability.

PROPERTY

Thai luxury properties dominate in Asia

Kanana Katharangsiporn, Published on 11/12/2024

» Phuket and Bangkok are among the top three destinations in Asia with the highest number of branded residence units, while Thailand ranks first in terms of value, according to C9 Hotelworks, a hospitality and real estate consultancy.

PROPERTY

Lending reforms to aid real estate firms in 2025

Business, Molpasorn Shoowong, Published on 03/12/2024

» While Thailand's real estate sector should remain stable next year, developers are upbeat about the possibility of easing loan-to-value (LTV) measures to help the sector, particularly the middle-income segment, according to Pruksa Real Estate.