Wednesday, 11 Nov 2026 · Singapore Property news across the Asia-Pacific
APACrealty apacrealty.com.sg
Property news across the Asia-Pacific Transactions, land tenders, REITs and official market data.
Thailand

Thailand

Thailand: Bangkok condominiums and offices, the resort markets of Phuket and Pattaya, and foreign-buyer rules.

Residential Sena HHP Co to develop senior living condominiums in Thailand
Residential Sena HHP Co to develop senior living condominiums in Thailand

Sena HHP Co, a joint venture between SET-listed developer Sena Development and Japanese property firm Hankyu Hanshin Properties Corp, plans to develop condominiums for senior living to cater to growing demand from Thailand's ageing population.

Residential Lunique Real Estate to launch 4.8bn baht Pattaya condo next month, avoids Bangkok oversupply Lunique Real Estate to launch 4.8bn baht Pattaya condo next month, avoids Bangkok oversupply

Lunique Real Estate Co will focus on mid-priced residential projects in Pattaya, steering clear of Bangkok's oversupplied market. Next month it will launch Lucean Bay Jomtien Pattaya, a 60-storey, 4.8 billion baht condominium with 588 sea-view units.

Residential Phuket property market shifts to year-round residents as infrastructure and retail draw longer-term demand Phuket property market shifts to year-round residents as infrastructure and retail draw longer-term demand

Phuket's property market is expanding beyond holiday homes, driven by infrastructure investment, new retail and growing numbers of year-round residents. Developers report rising demand from Thai workers, expats and families, while luxury villa sales jumped 45% in the first half of 2026.

Commercial Robinson plans B4.1bn investment to renovate malls and launch new retail concepts in 2027 Robinson plans B4.1bn investment to renovate malls and launch new retail concepts in 2027

Robinson, a subsidiary of Central Retail Corporation, will invest 4.1 billion baht in 2027 to renovate seven shopping centres and open new locations. The company also plans to introduce two new retail formats, Ploen and Riva, with pilot projects set to debut in 2027 and 2028.

Residential Sansiri launches completed luxury villas in Phuket, targets broad foreign buyer base Sansiri launches completed luxury villas in Phuket, targets broad foreign buyer base

SET-listed developer Sansiri is launching The Tales Story Two Pasak, a 750 million baht pool-villa project in Phuket comprising 14 completed two-storey units priced from 49.5 million baht on 30-year leasehold. The company says Phuket's villa market has shifted from seasonal holiday homes to year-rou

Commercial Thailand industrial rents set to rise as vacancies fall and supply stays tight Thailand industrial rents set to rise as vacancies fall and supply stays tight

Cushman & Wakefield Thailand reports that industrial property rents in Thailand could rise as factory and warehouse vacancies decline amid limited new supply and sustained demand from manufacturers and logistics operators. No new ready-built factories or warehouses were completed in the first nine m

Residential Greater Bangkok new-home price index edges up 0.2% as developers offer more perks to lure buyers Greater Bangkok new-home price index edges up 0.2% as developers offer more perks to lure buyers

Greater Bangkok's new-home price index rose 0.2% year-on-year to 131.5 in Q3 2026, with developers offering more promotions including free furniture and cash discounts to attract buyers amid weak demand and tight mortgage conditions.

Capital Markets SC Capital’s Suchad Wins Approval to Buy Bangkok’s Royal Orchid Sheraton for THB 5.3 Billion SC Capital’s Suchad Wins Approval to Buy Bangkok’s Royal Orchid Sheraton for THB 5.3 Billion

Unitholders in Grande Royal Orchid Hospitality REIT have voted 97.66 per cent in favour of selling Bangkok’s Royal Orchid Sheraton Hotel and Towers to Orchid Hospitality, controlled by SC Capital founder Suchad Chiaranussati, for THB 5.3 billion ($157 million). The deal, at THB 7.3 million per key,

Residential Bangkok condo recovery still 2-3 years away, analysts say Bangkok condo recovery still 2-3 years away, analysts say

Bangkok's condominium market is unlikely to return to normal for another two to three years, as developers contend with a supply glut, weak purchasing power and falling demand from Chinese buyers. The prolonged downturn reflects structural imbalances in the sector.

Residential Supalai returns to Chiang Mai condo market with THB 2.55bn high-rise project after 12-year hiatus Supalai returns to Chiang Mai condo market with THB 2.55bn high-rise project after 12-year hiatus

SET-listed developer Supalai is re-entering Chiang Mai's condo market with a THB 2.55 billion high-rise project near Central Festival Chiang Mai, marking its first such development in 12 years. The move reflects a bet on recovering demand and shifting buyer preferences in the northern Thai city.

Residential China+1 strategy drives housing demand in Ayutthaya's Wang Noi and Bang Pa-in China+1 strategy drives housing demand in Ayutthaya's Wang Noi and Bang Pa-in

Ayutthaya's residential market is gaining momentum as the China+1 manufacturing strategy and industrial supply chains boost housing demand in Wang Noi and Bang Pa-in districts. The trend reflects growing interest from businesses diversifying production away from China.

Commercial Thailand's Khlong Wang Tanot reservoir plan stirs debate over water, wildlife and data centres Thailand's Khlong Wang Tanot reservoir plan stirs debate over water, wildlife and data centres

Thailand has approved a major reservoir in Chanthaburi province to supply water for industry, including a data-centre boom. The project threatens protected forest and elephant habitat, and has divided local communities, conservationists and government agencies over its costs and benefits.

Commercial G7 finance leaders to run AI cyber attack exercises in Bangkok G7 finance leaders to run AI cyber attack exercises in Bangkok

G7 finance ministers and central bank governors have agreed to hold tabletop exercises to guard against AI-driven cyber attacks, Japanese Finance Minister Satsuki Katayama said. The simulations will test existing protocols and help revise manuals to better tackle such incidents.

Residential Sena Development expands rent-to-own scheme to foreign buyers to clear 6,000-unit condo stock Sena Development expands rent-to-own scheme to foreign buyers to clear 6,000-unit condo stock

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.

Residential Bangkok developer confidence dips below 50 despite current sentiment recovery Bangkok developer confidence dips below 50 despite current sentiment recovery

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.

Commercial Ratchadapisek–Rama 9 office rents hit by 30-50% discounts amid intense competition Ratchadapisek–Rama 9 office rents hit by 30-50% discounts amid intense competition

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.

Commercial Siam Piwat to build ICONPHUKET retail project on Phuket as part of $1.5 billion smart city Siam Piwat to build ICONPHUKET retail project on Phuket as part of $1.5 billion smart city

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

Residential Mortgage squeeze constrains Bangkok residential market despite improving condo sales Mortgage squeeze constrains Bangkok residential market despite improving condo sales

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.

Residential Developers pivot to leasehold as Thong Lor land prices climb; 12bn baht mixed-use project leads shift Developers pivot to leasehold as Thong Lor land prices climb; 12bn baht mixed-use project leads shift

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.

Capital Markets Asset World plans US$1.44B REIT listing with four hotels and Bangkok office complex Asset World plans US$1.44B REIT listing with four hotels and Bangkok office complex

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

Residential Billionaire family gifts S$1M Bangkok condo to America's Got Talent winner Nene Royal Billionaire family gifts S$1M Bangkok condo to America's Got Talent winner Nene Royal

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.

Residential Bangkok resale condo transfers surge 39.4% in Q2 2026 as buyers seek affordability Bangkok resale condo transfers surge 39.4% in Q2 2026 as buyers seek affordability

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.

Residential Thailand ranks second in Asia-Pacific for branded residence pipeline: Savills Thailand ranks second in Asia-Pacific for branded residence pipeline: Savills

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.

Residential Chon Buri condo sales jump 74.5% in Q2 on student demand, says Origin Chon Buri condo sales jump 74.5% in Q2 on student demand, says Origin

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.

Residential Chon Buri leads Eastern Economic Corridor housing recovery: REIC Chon Buri leads Eastern Economic Corridor housing recovery: REIC

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.

Residential Bangkok low-rise housing market stabilises, developers plan Q4 launches Bangkok low-rise housing market stabilises, developers plan Q4 launches

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.

Residential SC Asset steps up year-end launches as Thai low-rise market recovers SC Asset steps up year-end launches as Thai low-rise market recovers

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.

Residential Thailand to unveil new debt restructuring measures for mortgage borrowers Thailand to unveil new debt restructuring measures for mortgage borrowers

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.

Commercial SunAsia, Thailand's Gunkul partner on P62.5-B Laguna Lake floating solar project SunAsia, Thailand's Gunkul partner on P62.5-B Laguna Lake floating solar project

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

Commercial Thai Obayashi unveils B8bn O-MESH Ratchadamri mixed-use project, set for 2029 opening Thai Obayashi unveils B8bn O-MESH Ratchadamri mixed-use project, set for 2029 opening

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.

Commercial Data centre boom drives up industrial land prices in Thailand, Savills says Data centre boom drives up industrial land prices in Thailand, Savills says

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.

Commercial Bangkok suspends new data centre licences amid safety and regulatory gaps Bangkok suspends new data centre licences amid safety and regulatory gaps

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.

Commercial Sansiri acquires Lake Como EDITION hotel for €200m in European luxury push Sansiri acquires Lake Como EDITION hotel for €200m in European luxury push

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 Thai developers pivot to hotels and warehouses as housing market slows Thai developers pivot to hotels and warehouses as housing market slows

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.

Residential Thai developers shift focus to cash preservation amid prolonged housing slump Thai developers shift focus to cash preservation amid prolonged housing slump

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.

Residential Bangkok luxury condo market resilient on foreign demand and tight supply: CBRE Bangkok luxury condo market resilient on foreign demand and tight supply: CBRE

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.

Residential Sansiri warns of challenging H2 for Thailand residential market Sansiri warns of challenging H2 for Thailand residential market

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.

Residential Sansiri tightens condo sales reviews to weekly as Thai market slows Sansiri tightens condo sales reviews to weekly as Thai market slows

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.

Commercial Blue Bottle Coffee enters Thailand with two Bangkok cafés Blue Bottle Coffee enters Thailand with two Bangkok cafés

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).

Residential Phuket developers pivot to mid-range villas as foreign buyers turn price-conscious Phuket developers pivot to mid-range villas as foreign buyers turn price-conscious

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.