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BUSINESS

Thai property lures Chinese

Business, Kanana Katharangsiporn, Published on 23/01/2019

» Thailand is expected to remain the most popular country for Chinese property buyers in 2019, with growth of at least 10% from last year and Bangkok, Chiang Mai, Pattaya and Phuket as the top destinations.

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BUSINESS

Hafele allots B700m for warehouse and IT

Business, Kanana Katharangsiporn, Published on 26/01/2019

» Hafele Thailand Ltd, the local unit of the German furniture fittings maker, will invest 700 million baht in 2019 to build a new warehouse on Bang Na-Trat Road, renovate its showroom and upgrade the IT system to improve working processes.

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BUSINESS

Property developers anxious about year ahead

Business, Kanana Katharangsiporn, Published on 07/01/2019

» Property developers should be more cautious about financial liquidity and new supply launches because residential presales and transfers are unlikely to be as robust as previously expected this year.

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BUSINESS

Consultant predicts strong office market

Business, Kanana Katharangsiporn, Published on 03/01/2019

» The office space market will continue to be robust over the next two years, with rents breaking historical records and demand expected to rise after the 2019 general election, according to property consultant Knight Frank Thailand.

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BUSINESS

High-end condos see price stall

Business, Kanana Katharangsiporn, Published on 28/01/2019

» The price per square metre of new high-end condos being launched this year is expected to stay unchanged from 2018 as new supply competes with unsold stock, says a property consultant.

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BUSINESS

REIC: Residential purchases to reduce speed

Business, Kanana Katharangsiporn, Published on 03/01/2019

» Residential developers should be more cautious with new supply launches in Greater Bangkok in 2019 as the absorption rate declines, leading the number of unsold units to exceed the five-year average, says the Real Estate Information Center (REIC).

BUSINESS

Lalin increases down payment collection in 2019

Business, Kanana Katharangsiporn, Published on 08/01/2019

» SET-listed developer Lalin Property Plc plans to raise down payment collection for new single house and townhouse projects being launched this year to 10-15% from its usual 5% to prepare customers for new lending curbs.

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BUSINESS

SRT land near Khon Kaen rail targeted

Business, Kanana Katharangsiporn, Published on 08/01/2019

» Property development on plots close to the Khon Kaen railway station owned by the State Railway of Thailand (SRT) should draw new demand and boost the economy in the province and region, say local developers.

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BUSINESS

Charn Issara plans six high-end projects

Business, Kanana Katharangsiporn, Published on 10/12/2018

» SET-listed Charn Issara Development Plc (CI) will launch six new projects worth a combined 6.4 billion baht in 2019.

BUSINESS

Altitude has high hopes for upper-end segment

Business, Kanana Katharangsiporn, Published on 07/12/2018

» Altitude Development Co will launch four residential projects worth a combined 4 billion baht in 2019 with a focus on middle to upper-end offerings, a segment less constricted by the central bank's new lending rules.