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PROPERTY

Bangkok land price index up 3% in Q3

Kanana Katharangsiporn, Published on 02/11/2023

» The land price index in Greater Bangkok for the third quarter of 2023 increased 3% year-on-year, the lowest growth rate in seven quarters.

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PROPERTY

Home price growth slows as steel dips

Kanana Katharangsiporn, Published on 30/10/2023

» The construction price index for standard homes increased by 1.5% year-on-year in the third quarter of 2023, continuing a four-quarter slowdown, with a major contributor being lower prices of steel and sanitaryware.

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GENERAL

Transformative vision

Business, Kanana Katharangsiporn, Published on 30/10/2023

» In 2022, SET-listed residential developer AP Thailand set a record for presales at 50.4 billion baht, the largest total since its establishment in 1991 and the highest tally in the residential market.

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PROPERTY

Demand remains healthy for single detached houses

Business, Kanana Katharangsiporn, Published on 24/10/2023

» The single detached house market in Greater Bangkok has been robust since last year, resulting in a year-on-year increase in the price index for five consecutive quarters as demand is strong.

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GENERAL

Sansiri emphasises finding young talent

Business, Kanana Katharangsiporn, Published on 21/10/2023

» After Srettha Thavisin, former president of Sansiri Plc, ventured into politics, the company remained steadfast in its commitment to being a property developer that new generations aspire to work for.

PROPERTY

FPT shifts focus to low-rise inventory

Kanana Katharangsiporn, Published on 21/10/2023

» SET-listed Frasers Property Thailand (FPT) plans to revise its business plan for 2024 and launch only one low-rise condo project in the fourth quarter this year, focusing instead on its inventory of low-rise houses because of negative factors.

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PROPERTY

Condo prices suffer from glut

Business, Kanana Katharangsiporn, Published on 19/10/2023

» The price index of new condos in Nonthaburi and Samut Prakan declined for four consecutive quarters because of an oversupply of unsold units in older projects, primarily within price segments affected by negative factors.

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PROPERTY

Singha to launch B5bn projects in Q4

Business, Kanana Katharangsiporn, Published on 17/10/2023

» SET-listed Singha Estate is planning to launch two new low-rise housing projects worth 5 billion baht in the fourth quarter, targeting a pricing segment of 15 million baht as buyers in this range are receiving a minimal impact from economic conditions.

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PROPERTY

L.P.N. to offer virtual house tours

Business, Kanana Katharangsiporn, Published on 12/10/2023

» SET-listed residential developer L.P.N. Development plans to use augmented reality (AR) and virtual reality (VR) to introduce new low-rise housing projects, reducing the preparation time before launching in response to rising costs.

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PROPERTY

Sentiment index slips in third quarter

Business, Kanana Katharangsiporn, Published on 13/10/2023

» The sentiment of housing developers for the next six months declined in the third quarter, with the most significant drop relating to employment concerns after the government announced a minimum daily wage of 400 baht next year.