Showing 31 - 40 of 2,256
Phuket housing market still robust
Kanana Katharangsiporn, Published on 01/03/2024
» The Phuket residential market is expected to remain robust in 2024, with prices projected to increase by 10-15%, driven by Russian demand and an anticipated return of Chinese buyers in the second half, according to property consultant CBRE Thailand.
JLL sees commercial real estate prospering in 2024
Business, Kanana Katharangsiporn, Published on 29/02/2024
» The commercial property sector will continue to be robust as the growth seen in tourism and manufacturing sectors in 2023 is expected to continue this year, according to property consultant Jones Lang LaSalle (Thailand) Limited (JLL).
Property Perfect plans cautious strategy
Business, Kanana Katharangsiporn, Published on 28/02/2024
» SET-listed developer Property Perfect is taking a more cautious approach this year, focusing on debt reduction and launching fewer new projects because of stricter funding rules for both supply and demand.
Housing prices expected to remain flat
Business, Kanana Katharangsiporn, Published on 27/02/2024
» Housing prices this year will remain flat as the market is forecast to be unfavourable, with an overwhelming number of unsold units and many developers seeking to cash in.
Housing prospects dim in Q1
Kanana Katharangsiporn, Published on 26/02/2024
» The housing market outlook remains hazy for the first quarter as both developers and homebuyers lack confidence in performance and purchases, dampened by elevated interest rates.
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.
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.
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.
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.
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).