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Search Result for “bangkok'"”

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PROPERTY

Eastern developers ease supply

Kanana Katharangsiporn, Published on 01/04/2024

» The ability of local developers to adapt improved absorption rates across most housing categories in three eastern provinces, as they slowed launches amid unfavourable conditions.

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PROPERTY

New residential sales fell 22.5% in 2023

Business, Kanana Katharangsiporn, Published on 29/03/2024

» New residential units sold in Greater Bangkok in the fourth quarter of 2023 declined by 14.5% year-on-year, resulting in a 22.5% decrease for the full year, according to the Real Estate Information Center (REIC).

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PROPERTY

Supalai, Huawei join forces on solar rooftops

Kanana Katharangsiporn, Published on 28/03/2024

» As the cost of solar rooftop installation has decreased, SET-listed developer Supalai expects to install 15,000 solar rooftops at its projects nationwide by 2028 through a partnership with Huawei to incorporate digital technology.

GENERAL

Syntec sets record for new projects

Business, Kanana Katharangsiporn, Published on 27/03/2024

» Contractor Syntec Construction Plc secured a record high 21 new projects worth a combined 12.8 billion baht last year, benefiting from the recovering condo sector and less intense competition post-pandemic.

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PROPERTY

Developers project 10% residential gain

Business, Kanana Katharangsiporn, Published on 22/03/2024

» The residential market this year is expected to grow by 10%, even though eased loan-to-value (LTV) limits were not approved, and interest rates might not decrease soon, according to property developers.

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PROPERTY

TCC Assets preps B113bn One Bangkok

Business, Kanana Katharangsiporn, Published on 21/03/2024

» TCC Assets (Thailand), a property arm owned by the Sirivadhanabhakdi family, is transforming Rama IV Road with the launch of the 113-billion-baht One Bangkok mixed-use project, following its investment of nearly 39 billion baht in developing six projects along the same road.

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PROPERTY

The Aspen Tree collaboration eyes retirees

Business, Kanana Katharangsiporn, Published on 19/03/2024

» The Aspen Tree, a residential project for the over-50s and part of large-scale mixed-use development The Forestias, is collaborating with Happiness Science Hub by the Research and Innovation for Sustainability Center (RISC) and Canadian geriatric experts Baycrest to prevent brain deterioration in seniors, targeting affluent Thai and overseas buyers planning for retirement.

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PROPERTY

Residential demand slows greatly in Chiang Mai

Kanana Katharangsiporn, Published on 18/03/2024

» Residential demand in Chiang Mai began slowing in the second half of 2023 and has continued through the first two months of this year, largely attributed to shrinking purchasing power caused by the economic slowdown and higher interest rates.

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PROPERTY

Russians control residential leasehold segment in Phuket

Business, Kanana Katharangsiporn, Published on 15/03/2024

» The value of residential units in Phuket leased long-term by the top 10 foreign nationalities almost tripled to 12.8 billion baht in 2023, mainly driven by Russian buyers fleeing the conflict in Europe as the foreign quota for condos was filled in many areas of the island.

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GENERAL

Gaysorn Amarin to create income boost

Business, Kanana Katharangsiporn, Published on 12/03/2024

» Luxury developer Gaysorn Property expects the opening of Gaysorn Amarin, formerly known as Amarin Plaza, with an investment of 1 billion baht will help boost revenue by 50% to 1.3 billion baht this year.