Phuket’s Used Property Market Surges, Outpacing New Developments
Phuket has long been a hotspot for high-end property development, especially luxury villas aimed at overseas buyers from Russia and China. This demand drove rapid growth, with many villas selling…
Thai Property Leaders Urge Government to Take Action
Thai property sector leaders called on the government to adopt a holistic approach to sustainability, balancing environmental, social, and economic factors. During the “Green Living, Smart City” forum in Bangkok,…
Intense Competition Expected as Office Oversupply Challenges Thai Commercial Real Estate in 2025–26
Thailand’s commercial real estate sector, especially the office segment, is expected to encounter a substantial oversupply in 2025-2026. New office developments are projected to grow annually by 2.5% to 4.5%,…
Chiang Mai Property Market Declines as Chinese Demand Falls, Myanmar and US Rise
Photo credit: Chiangmai.com The Government Housing Bank’s Real Estate Information Centre (REIC) reports that Chiang Mai, northern Thailand’s largest property market, is currently experiencing a slowdown. Despite holding over 50%…
Office occupancy in Bangkok Falls Below 80% Due to Oversupply
Bangkok’s office market saw its occupancy rate fall below 80% for the first time since 2004, primarily due to an influx of new Grade A office supply that has attracted…
Frasers Property Reduces Expenses While Keeping a Cautious Outlook for 2025
SET-listed developer Frasers Property (Thailand) (FPT) has continued to tighten its expenses and reduce inventory amid a sluggish housing market during the first eight months of the year, with the…
Philippines Grants 99-Year Land Leasing Rights to Foreigners
Photo Credit: Lawrence Ruiz The Philippines has recently authorized foreigners to lease land for up to 99 years, a move aimed at attracting more long-term investments. President Ferdinand Marcos Jr…
The Condo Market Is Now Primarily Fueled by End Users
Condo sales in Bangkok are now mainly driven by end users and rental investors targeting units priced around 3-5 million baht, with negotiable prices remaining key to closing deals, according…
Thailand’s Real Estate Sector Faces Potential Collapse Amid Unprecedented Crisis
Thailand’s real estate market is confronting a historic crisis in 2025, with projections indicating that home loan growth will turn negative for the first time ever. This downturn is driven…
Central Group Names Sean Hill, Fourth‑Generation Chirathivat, New CEO of Dutch Luxury Department Store de Bijenkorf
Central Group appoints ‘Sean Hill,’ a fourth-generation member of the Chirathivat family, as CEO of luxury department store de Bijenkorf in the Netherlands. Central Group has officially announced the appointment…
