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BUSINESS

Property firms take to online sales

Business, Kanana Katharangsiporn, Published on 26/03/2020

» Property developers are opting for online channels and applications to sell residential units and provide services to customers, while minimising possible risks from coronavirus infections.

BUSINESS

Developers in crisis mode

Business, Kanana Katharangsiporn, Published on 30/03/2020

» As the coronavirus crisis crushes global and national GDP growth, property-related firms are rolling out expense controls and business continuity plans while seeking new revenue sources and ways to minimise the impact on their customers.

BUSINESS

Dean & DeLuca: Bankruptcy exclusive to US operations

Business, Kanana Katharangsiporn, Published on 02/04/2020

» American gourmet grocer Dean & DeLuca's operations in Thailand and Asia will be unaffected by the US operation's bankruptcy filing because the local unit has separate accounting, says SET-listed Pace Development Corporation, the company's Bangkok-based owner.

BUSINESS

Mixed-use projects drive Lat Phrao

Business, Kanana Katharangsiporn, Published on 03/04/2020

» Completion of the skytrain's Sukhumvit Line extension from Kasetsart University to Khu Kot this year should mean increased traffic near Lat Phrao intersection, with developers planning mixed-use projects worth a combined 50 billion baht over the next few years.

BUSINESS

Foreign buyers still rule Phuket condos

Business, Kanana Katharangsiporn, Published on 07/04/2020

» The Covid-19 pandemic will hit demand, supply and prices of condos in Phuket as 90% of buyers are foreigners from heavily affected countries: China, Hong Kong and Singapore.

BUSINESS

Sansiri: Mass transit creates interest in detached houses

Business, Kanana Katharangsiporn, Published on 10/04/2020

» New mass transit lines are paving the way for strong demand in single detached houses, but attractive campaigns are still needed, says SET-listed developer Sansiri.

BUSINESS

EEC residential transfers likely to deflate

Business, Kanana Katharangsiporn, Published on 17/04/2020

» With the virus staggering global and domestic economies, the residential market in Chon Buri, Rayong and Chachoengsao will shrink again this year after a recovery in 2019, according to the Real Estate Information Center (REIC).

BUSINESS

Developers wary as sentiment plunges

Business, Kanana Katharangsiporn, Published on 20/04/2020

» The first-quarter sentiment of housing developers and their expectations for the next six months plunged to the lowest point since the widespread floods of 2011, according to the Real Estate Information Center (REIC).

BUSINESS

Small contractors told to upgrade

Business, Kanana Katharangsiporn, Published on 24/04/2020

» Small and medium-sized contractors should adopt technology to improve their efficiency and create new opportunities amid the slowdown in the construction industry.

BUSINESS

Virus crisis prompts swift action at Sansiri

Business, Kanana Katharangsiporn, Published on 27/04/2020

» In preparation for the Covid-19 pandemic possibly lasting longer than one year, SET-listed developer Sansiri Plc is adopting a speed-to-market strategy, improving after-sale services, promoting social distancing at its projects and redesigning products to adapt to the "new normal".