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PROPERTY

Singapore home rents fall for first time in over three years

Bloomberg News, Published on 26/01/2024

» Singapore rents dropped for the first time in more than three years, giving respite to tenants on the back of increased housing supply and expectations for an economic slowdown.

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PROPERTY

Supalai bolsters investment in domestic, Australian markets

Business, Kanana Katharangsiporn, Published on 26/01/2024

» SET-listed developer Supalai is bullish on the domestic and Australian residential markets, planning to invest 12.6 billion baht to expand 12 projects in Australia and launch a record high of 42 new projects worth 50 billion in Thailand.

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PROPERTY

FPT focusing on buildings with recurring income

Business, Kanana Katharangsiporn, Published on 25/01/2024

» SET-listed developer Frasers Property (Thailand) (FPT) will continue to weigh its portfolio with a focus on recurring income properties, particularly in the industrial sector, as the residential market is hamstrung by negative factors.

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PROPERTY

Scope poised to roll out B3bn condo project in Sukhumvit

Kanana Katharangsiporn, Published on 24/01/2024

» Luxury developer Scope Co plans to launch a new condo project, Scope Thonglor, worth 3 billion baht with only 18 units, each occupying an entire floor and priced from 200 million baht, aiming to achieve 1.65 billion baht in sales during the launch period.

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PROPERTY

Sansiri to launch 46 residential projects

Business, Kanana Katharangsiporn, Published on 24/01/2024

» As global uncertainties persist, SET-listed developer Sansiri will launch 46 new residential projects worth a combined 61 billion baht and aims for a transfer growth of 10% to 43 billion baht by year-end.

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PROPERTY

Nusasiri shares fall after SET issues deadline

Business, Nareerat Wiriyapong, Published on 24/01/2024

» Shares of Nusasiri Plc (NUSA) dipped by nearly 6% on Tuesday after the Stock Exchange of Thailand (SET) set a deadline of Jan 25 for the property developer to clarify facts about its request to the Civil Court to revoke its share swap with Wind Energy Holding (WEH).

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PROPERTY

DAD eyes state construction projects

Business, Kanana Katharangsiporn, Published on 23/01/2024

» Dhanarak Asset Development (DAD) Co, a state enterprise under the Ministry of Finance, is diversifying to become a one-stop service provider for the construction of property for state agencies, with the aim of having at least two projects per year during the period 2024-27.

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PROPERTY

Noble continues to tap overseas markets

Business, Kanana Katharangsiporn, Published on 19/01/2024

» After achieving a record high in overseas sales last year, SET-listed developer Noble Development will continue introducing ready-to-move-in condos priced below 5 million baht in locations familiar to foreigners to tap overseas markets this year.

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PROPERTY

Land & Houses aiming to launch 11 projects

Kanana Katharangsiporn, Published on 17/01/2024

» SET-listed Land & Houses plans to launch 11 new residential projects worth a combined 30.2 billion baht, all of which are low-rise houses with most in the upper-end segment as condo supply remains plentiful.

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PROPERTY

Bangkok condo prices rise amid year-long surge

Business, Kanana Katharangsiporn, Published on 16/01/2024

» Condo prices in Bangkok have continued to rise, with lower Sukhumvit experiencing the highest increase, while those in neighbouring provinces dropped, primarily due to the large number of remaining unsold units.