PHILIPPINE solar developer SunAsia Energy, Inc. has partnered with Thailand-listed renewable energy and infrastructure company Gunkul Engineering Public Co. Ltd. on a Laguna Lake floating solar development valued at more than $1 billion, or about P62.5 billion, and envisioned to reach approximately one gigawatt (GW) in installed capacity. SunAsia said in a statement Wednesday that the partnership was formalized on Sept. 3 and forms part of a clean-energy initiative that is designed to become the largest floating solar installation in Southeast Asia.
Thai Obayashi Corporation is developing the O-MESH Ratchadamri project, an 8-billion-baht mixed-use development in Bangkok. The project is scheduled to open in 2029.
Industrial land with confirmed power capacity is commanding a growing premium in Thailand as the data centre boom intensifies competition for sites. Savills (Thailand) reports the trend is pushing up prices across key industrial zones.
Bangkok authorities have suspended new data centre licences and ordered existing facilities to comply with environmental and safety rules, as concerns mount over fuel storage, energy use and zoning loopholes in residential and commercial areas of the Thai capital.
Thai developer Sansiri Plc is buying The Lake Como EDITION for more than €200m. The acquisition, set to close by the end of September, marks the company's entry into the European luxury hospitality market through its private-equity fund Sansiri Capital.
Residential developers in Thailand are diversifying into hotels and warehouses as sluggish demand and tighter mortgage lending curb growth in the core housing market. The shift reflects a strategic response to a cooling sector.
Thai property developers are prioritising cash preservation over growth as a prolonged housing downturn drains liquidity. Asset sales and cost-cutting have become critical strategies for survival in the weak market.
Bangkok’s luxury condominium market is holding up despite economic headwinds, driven by rising foreign interest and scarce new supply in prime locations, according to CBRE Thailand.
Thailand's residential market will face a tough second half of 2026, with financial strength and brand credibility becoming key for homebuyers. SET-listed developer Sansiri issued the warning, highlighting that investment-grade ratings will matter more as the market remains challenging.
SET-listed developer Sansiri has intensified its monitoring of condo sales, shifting from monthly reviews to weekly or even twice-weekly assessments. The move comes as Thailand's property market grows increasingly sluggish.
Blue Bottle Coffee has opened its first two outlets in Thailand, at Central Park and EmQuartier in Bangkok. The California-founded chain now operates in seven markets globally and enters a Thai specialty coffee segment valued at about 30 billion baht (US$917 million).
Phuket’s residential market is shifting as foreign buyers become more price-conscious amid a global economic slowdown. Developers are pivoting towards villas priced at 10–20 million baht to meet changing demand.
