Land & Houses projects housing slump amid economic stagnationListen to this articleSET-listed developer Land & Houses (LH) plans to launch only two residential projects worth a combined 3.66 billion baht in 2026, the lowest level in more than two decades, due to a sluggish economy and unpredictable housing market conditions. Notably, one of the two planned projects, Nantawan Prestige Ratchapruek-Prannok, valued at 2.22 billion baht, was a carryover postponed from 2025. Mr Achawin said LH has 69 projects in its portfolio with a combined value of about 80 billion baht, comprising low-rise projects worth around 70 billion baht and condo projects worth 11 billion baht. No new hotel projects are planned for 2027, while a 3.6-billion-baht hotel development in Bangkok's Chinatown area is scheduled for launch in 2028. LH aims to have 9.9 billion baht from recurring income properties, 15 billion baht in presales of residential units, and 17 billion baht in residential transfers by the end of 2026.

Source: Bangkok Post January 22, 2026 02:25 UTC