Showing 31-40 of 1,253 results
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LPN eyes condo revenue of B5bn
Kanana Katharangsiporn, Published on 26/02/2024
» SET-listed L.P.N. Development aims to generate revenue of 4.5-5 billion baht from its condo inventory totalling 11 billion baht by offering discounts, as the carrying cost of inventory is 4% per year, says the new top executive.
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AP set to launch 48 new developments
Business, Kanana Katharangsiporn, Published on 22/02/2024
» SET-listed developer AP Thailand plans to launch 48 new projects worth a combined 58 billion baht, a lower sum than last year, aiming for growth of 10-11% in presales to 57 billion baht, with revenue rising to 53.7 billion.
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NCH maintains cautious approach
Business, Kanana Katharangsiporn, Published on 21/02/2024
» Mid-sized developer N.C. Housing Plc (NCH) remains cautious this year, planning to utilise its land bank to launch six new projects worth a combined 7.2 billion baht.
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Pruksa preps 30 projects worth B29bn
Business, Kanana Katharangsiporn, Published on 20/02/2024
» SET-listed developer Pruksa Holding (PSH) is planning to launch 30 new residential projects worth a combined 29 billion baht, with a shift to the upper-priced segment to balance those in the lower-end market affected by negative factors.
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Residential property market remains tepid this year
Business, Kanana Katharangsiporn, Published on 17/02/2024
» Though Thai GDP growth is forecast at 2.8-3.2% this year, the residential market may post marginal gains as demand remains weak, according to the Real Estate Information Center (REIC).
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Chewathai preps B600m for land, 4 new projects
Business, Kanana Katharangsiporn, Published on 16/02/2024
» MAI-listed developer Chewathai is preparing 600 million baht to acquire new land plots and launch four residential projects worth a combined 3.7 billion baht, aiming for a 5% increase in revenue to reach 2 billion baht this year.
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Surge in new office supply to prompt rejig
Business, Kanana Katharangsiporn, Published on 15/02/2024
» As around 1.4 million square metres of new office space is slated for completion between 2024 and 2026, landlords of existing office space should renovate or add new amenities to retain their existing tenants as new office towers will seek to attract both new clients and tenants of existing properties looking to relocate.
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Nippon Steel Kowa Real Estate to invest in 2 residential projects
Kanana Katharangsiporn, Published on 14/02/2024
» Japanese developer Nippon Steel Kowa Real Estate Co (NSKRE) is planning to invest 600-800 million baht per year in the Thai property market via two residential projects in the affordable price segment through a joint venture with MAI-listed developer Chewathai.
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Tighter lending rules hinder condo market
Business, Kanana Katharangsiporn, Published on 13/02/2024
» The industrial and hotel sectors will continue to grow, unlike the condo market which will remain sluggish due to stricter rules for mortgage lending by banks, according to property consultant Knight Frank Thailand.
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SC Asset sees tough residential market
Business, Kanana Katharangsiporn, Published on 09/02/2024
» SET-listed SC Asset Corporation plans to focus on recurring income properties, allocating an annual investment budget for non-residential projects of 15% of the total budget over five years, up from 10%.
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