Showing 1 - 10 of 136
Phuket villa launches smash records
Business, Kanana Katharangsiporn, Published on 04/09/2024
» New villa supply launched in Phuket in the first half of 2024 surpassed total launches for the whole of 2023, with the value exceeding that of condos for the first time in 15 years, largely driven by strong demand from Russians.
Confidence still low among homebuyers
Business, Kanana Katharangsiporn, Published on 30/08/2024
» The housing purchase confidence index (HPCI) in Greater Bangkok improved slightly in the second quarter from the first quarter, thanks to property measures, but remained low because of persistent negative factors.
The Nest, partner lay out plans
Business, Kanana Katharangsiporn, Published on 27/08/2024
» The Nest Property, a residential developer owned by the Mahagitsiri family, is continuing its joint ventures in high-priced low-rise houses with Japanese real estate firm Kanden Realty & Development due to strong demand.
Prospect targets purchase of 3 industrial sites for B3.35bn
Kanana Katharangsiporn, Published on 22/08/2024
» Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust (PROSPECT REIT) plans to raise an additional 3.35 billion baht to acquire three industrial properties for its portfolio, capitalising on strong demand in the industrial sector.
AssetWise posts record Q2 revenue
Kanana Katharangsiporn, Published on 14/08/2024
» SET-listed developer AssetWise set a record for revenue in the second quarter, driven by a strong performance from its campus condo and Phuket projects as the company expects to maintain momentum in the second half.
Condo launches set to fall below projections
Business, Kanana Katharangsiporn, Published on 09/08/2024
» New condo launches in Greater Bangkok this year are expected to fall short of projections, primarily attributed to weak demand amid an economic slowdown, according to consultant Colliers Thailand.
GVREIT ploughs B200m into offices
Business, Kanana Katharangsiporn, Published on 07/08/2024
» Golden Ventures Leasehold Real Estate Investment Trust (GVREIT) will invest 200 million baht in the renovation of two office buildings in order to enhance their competitiveness and retain tenants amid a surge in office supply.
UHG allots B1bn for two mid-tier hotels
Business, Kanana Katharangsiporn, Published on 01/08/2024
» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.
Rayong developers reduce launches as sales decline
Business, Kanana Katharangsiporn, Published on 19/07/2024
» Developers in Rayong are adjusting to a market slowdown by reducing the bulk of newly launched residential supply in the first quarter of 2024, in response to consecutive declines in sales.
Chon Buri market still offering potential
Business, Kanana Katharangsiporn, Published on 18/07/2024
» The residential market in Chon Buri still has growth potential but caution is needed due to the oversupply of condos and townhouse sales declining for five consecutive quarters.