Bangkok office vacancy reads 21.9% or 31.8%, by grade
Tenants are leaving older towers for new ones, so the newest buildings fill up while landlords across the market offer rent-free months instead of cutting rents.
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Property & Construction
Condos, offices, industrial land, contractors and building materials.
Bangkok holds 65,300 unsold condos as launches slow
About 25,700 of the unsold units are already finished, so developers face years of carrying costs before the stock clears.
CK and Stecon hold THB260 billion of backlog after Q2
Both contractors lean on rail lines and expressways rather than private building, and dividends made up a large share of Stecon's headline profit.
Fee cut and 100% LTV help only some Thai home buyers
The fee cut is limited to Thai individuals buying up to THB7 million, and the loan relief still has to get past a bank's debt test.
Thailand's rebar rule would bar induction-furnace steel
Steel groups back the draft and induction-furnace makers oppose it, and no rule is in force until a public consultation and a ministerial regulation follow.
Industrial land: WHA sold 1,199 rai, Amata leans on China
WHA is nearly halfway to its 2,500 rai goal, while Amata, at 14% of 2,800 rai, is counting on a second-half rush of contracts and year-end transfers.