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Bangkok Post – SC takes cautious approach amid oversupply in market

SET-listed developer SC Asset Corporation plans a more cautious approach to strategies and business plans this year, likely reducing residential project launches from last year as a substantial glut remains.According to Kasikorn Securities, SC plans to adopt conservative strategies and business plans in 2025, with the value of new project launches decreasing from 2024. Last...

Bangkok Post – Office oversupply hits Bangkok occupancy rates

The Ploenchit-Chidlom-Wireless corridor, Bangkok's second-largest sub-market, has seen occupancy rates decline from a peak of 95% in 2019 to 76% today, primarily due to a surge in office supply, according to property consultant Knight Frank Thailand.The consultant reported that this area in Bangkok's central business district (CBD) comprises 38 office buildings with a total...

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