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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).

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.

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.

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.

PROPERTY

Building safety a priority for office tenants

Business, Kanana Katharangsiporn, Published on 23/05/2025

» The earthquake on March 28 has heightened office tenant expectations, with many now placing greater importance on building safety standards and emergency preparedness, according to property consultancy Knight Frank Thailand.

PROPERTY

Developers suffer in Q1 amid stagnant economy

Business, Kanana Katharangsiporn, Published on 22/05/2025

» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.

PROPERTY

Frasers Thailand upbeat on industrial property

Business, Kanana Katharangsiporn, Published on 15/05/2025

» SET-listed developer Frasers Property (Thailand) (FPT) expects its industrial property business to reach a new peak in 2025, with revenue hitting 4 billion baht and the overall occupancy rate climbing to 91%, driven by strong demand.

PROPERTY

Frasers Property brings 31 luxury detached houses to market

Business, Kanana Katharangsiporn, Published on 14/05/2025

» SET-listed developer Frasers Property (Thailand) (FPT) has launched 31 single detached houses priced between 107 and 300 million baht in the Kaset-Nawamin area, aiming to tap into strong demand from ultra-high-net-worth individuals.

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.

PROPERTY

SC retains targets amid struggling market

Business, Kanana Katharangsiporn, Published on 08/05/2025

» SET-listed developer SC Asset Corporation is maintaining its 2025 targets for presales, revenue and new project launches, as large players are expected to capture market share amid unfavourable market sentiment.