Major Developers AP, ASW Push Second-Half Expansion
AP Thailand and ASW are launching major real estate expansions in the second half of 2026, with AP rolling out 27 projects worth 32.32 billion baht across homes and condos, while ASW targets strategic launches in Bangkok and Phuket backed b
Real estate developers are ramping up their offensive in the second half of 2026, capitalizing on government stimulus measures and signals of recovering purchasing power. AP Thailand is set to launch 27 new projects valued at 32.32 billion baht spanning single homes, duplexes, townhomes, and condominiums to meet demand across all segments.
Ratchayut Nantachotisopon, executive chairman of AP Thailand Public Company Limited, said the company will roll out these projects including new CENTRO single-home developments in high-potential locations on Srinakarin–Bang Na, Phahon Yothin–Sai Yai, and Thawi Watthana areas. The company will also launch GRANDE PLENO duplexes on Phahon Yothin–Thupatemee starting in Q3, featuring 2-story units of 154–224 square meters priced from 6.99 million baht, and Ban Klang Meung townhomes on Srinakarin–Bang Na with 3-story units of 134–173 square meters from 4.79 million baht.
New condominium projects include ASPIRE Sathorn–Taksin Priva, a 22-story building with 381 units featuring the smallest units in the Sathorn–Taksin area, priced from 2.49 million baht, and GOOD DAY More Bangmod, a new condo brand with 26–38 square meter furnished units starting at 2.19 million baht near King Mongkut's University of Technology Thonburi.
Meanwhile, ASW achieved 11.847 billion baht in sales during the first half of 2026, equivalent to 64% of its 18.5 billion baht annual target. The company was driven by strong demand for leisure residences in Phuket under its TITLE subsidiary, particularly the Baan Kana Surin project valued at 3.2 billion baht with over 70% of bookings secured. ASW opened 5 new projects worth 8.255 billion baht in the first half and plans strategic launches in Bangkok and Phuket during the second half to capitalize on continued strong demand.
Krommaset Wiphanpong, ASW's chief executive officer, expects the second half to benefit from multiple factors including Middle East situation developments, a weaker baht attracting foreign investors, the tourism season, and government measures including maintained low policy interest rates, relaxed LTV requirements, and extended transfer fee and mortgage registration discounts through June 30, 2027.
