Showing 51 - 60 of 513
Tris issues warning on falling demand
Nuntawun Polkuamdee, Published on 08/07/2024
» Tris Rating, a Thai credit rating agency, warns that property and leasing businesses should be strictly monitored in the second half based on decreasing demand, after 20 companies were downgraded in the first six months.
Chinese crucial to Phuket in Q4
Kanana Katharangsiporn, Published on 08/07/2024
» August will be a critical month to gauge the number of Chinese tourists in Phuket during the fourth quarter, as the condo market on the island is projected to have the highest launch of new supply in its history.
Concerns about foreign property perks downplayed
Onnucha Hutasingh, Published on 06/07/2024
» The government has played down concerns raised over the possible negative impacts of its proposal to increase the foreign ownership quota for condominiums to 75% and extend land leasehold terms to 99 years.
Residential market contracts in Q1
Business, Kanana Katharangsiporn, Published on 05/07/2024
» Thailand's residential market index in the first quarter of 2024 dropped for the sixth consecutive quarter, plunging to a low point post-pandemic as GDP growth slowed to 1.5%.
Property rules could mimic Singapore
Business, Kanana Katharangsiporn, Published on 03/07/2024
» The government should ensure Thais can afford homes and should limit the areas for extending foreign ownership of condos to specific zones, even within a single province, to avoid opposition, says a property research firm.
Ananda hit by Myanmar sale failures
Business, Kanana Katharangsiporn, Published on 02/07/2024
» SET-listed Ananda Development disposed of shares in five serviced apartments worth a combined 2.54 billion baht to realise revenue in the second quarter after condo sales to buyers from Myanmar were unable to be transferred the past few months.
Buyers without borders
Kanana Katharangsiporn, Published on 01/07/2024
» The cabinet last month resurrected the controversial issue of offering more welcoming residential property measures for foreign buyers.
CPN eyes 20% growth for residential unit
Business, Molpasorn Shoowong, Published on 28/06/2024
» SET-listed Central Pattana (CPN) is targeting 20% annual growth for its residential property business in the coming years, while aiming for 7 billion baht in revenue in 2024 via the high-spending domestic segment in the provinces.
MontAzure’s luxury beachfront community shines
Published on 27/06/2024
» MontAzure is setting new standards in luxury beachfront living, combining residential, commercial, and hospitality components to create a world-class destination on Kamala Beach. The project is a joint venture between three prominent property and hotel investment groups in Asia: the Narai Group (Thailand), ARCH Capital (Hong Kong), and Philean Capital (Singapore), part of the Pontiac Land Group. Each partner brings unique strengths to the venture, bolstering MontAzure’s stature as a premier beachfront community in Thailand and Asia.
Frasers Property allots B25bn for expansion
Kanana Katharangsiporn, Published on 27/06/2024
» SET-listed Frasers Property (Thailand) (FPT) plans to spend 25 billion baht from 2025 to 2029 to expand its industrial business in Thailand, Vietnam and Indonesia, capitalising on the growth of foreign direct investment (FDI) in Southeast Asia.