Thailand: Bangkok condominiums and offices, the resort markets of Phuket and Pattaya, and foreign-buyer rules.
BANGKOK, Oct 16: Finance leaders of the G7 grouping have agreed to hold tabletop exercises to guard against AI cyber attacks, Japanese Finance Minister Satsuki Katayama said, as policymakers increasingly seek to coordinate responses to growing cyber security risks. The agreement comes after the International Monetary Fund warned this week that confidence could be undermined by an AI-enabled cyber attack on a critical service of a financial institution. Katayama's remarks to reporters on Thursday followed a meeting of finance ministers and central bank governors of the G7 advanced economies held on the sidelines of the IMF's annual gathering in Bangkok, the Thai capital.
SET-listed Sena Development is extending its rent-to-own scheme to foreign buyers as it seeks to reduce a condo inventory of more than 6,000 units. The move comes amid weak domestic demand driven by mortgage rejections and falling purchasing power after recent floods.
The six-month confidence index for residential developers in Greater Bangkok has fallen below the 50-point threshold, signalling a fragile recovery. This comes even as sentiment on current conditions returns to positive territory.
Office space in Bangkok's Ratchadapisek–Rama 9 area and co-working spaces are facing fierce competition, with landlords offering rent discounts of up to 30-50%, according to Cushman & Wakefield Thailand.
Thai luxury retail giant Siam Piwat is developing ICONPHUKET, a hybrid retail and entertainment destination on Phuket island. The project is the commercial anchor of the broader 50 billion baht ($1.5 billion) Synthesis Ark Phuket smart city development by CV Group of Companies, with opening set for
Property developers in Bangkok are more worried about high household debt and rising mortgage rejection rates than flooding, as the fragile residential market continues to limit purchasing power despite stronger condo sales in the first half of 2026.
Soaring land costs in Bangkok's Thong Lor neighbourhood are pushing developers toward leasehold residential projects. A new mixed-use development worth more than 12 billion baht marks the first major leasehold project in the area.
Thai billionaire Charoen Sirivadhanabhakdi's Asset World is transferring four hotels and an office complex worth at least 48.5 billion baht (US$1.44 billion) to a new real estate investment trust. The REIT, targeting an early 2027 listing, aims to attract both Thai and foreign investors and free up
Dhanin Chearavanont, senior chairman of Charoen Pokphand Group, has gifted a two-bedroom condominium at Mulberry Grove The Forestias in eastern Bangkok to 16-year-old Nene Royal, the first Thai winner of America's Got Talent. The 98 sq m apartment is valued at between 25 million and 36 million baht.
Thailand's second-hand condo market saw a strong recovery in Q2 2026, with transfers up 39.4% year-on-year and transfer value rising 41%, driven by weakening incomes pushing buyers toward cheaper resale units.
Thailand has been ranked second in the Asia-Pacific region for branded residential development pipelines, according to property consultancy Savills. The ranking reflects rising regional wealth and growing demand for resort-based projects.
Condo sales in Chon Buri rose 74.5 per cent in the second quarter of 2026, driven by student-related purchases, according to SET-listed Origin Property. The developer said demand has since shifted towards industrial workers in the third quarter.
The residential market in Thailand's Eastern Economic Corridor is showing signs of recovery, though gains remain concentrated in Chon Buri, according to the Real Estate Information Center. The agency's data points to a tentative upturn in the region's housing sector.
Bangkok's low-rise housing market is showing signs of recovery after a sluggish first half, prompting developers to resume new project launches in the fourth quarter. The market remains highly competitive for limited demand.
SC Asset Corporation is ramping up its year-end launches with three new projects and 15 relaunches worth a combined 14.5 billion baht. The move comes as Thailand's low-rise housing market shows signs of recovery.
Thai authorities are expected to introduce additional debt restructuring measures for mortgage holders as slower economic growth weakens their debt-servicing ability. The move aims to provide further repayment relief to borrowers.
Philippine solar developer SunAsia Energy has partnered with Thailand-listed Gunkul Engineering on a floating solar project in Laguna Lake valued at over $1 billion (P62.5 billion). The project aims to reach one gigawatt in installed capacity and become Southeast Asia's largest floating solar instal
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.