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GENERAL

SF invests B200m in bid to spur spending

Business, Kanana Katharangsiporn, Published on 06/02/2024

» Megabangna shopping mall has set aside a 200-million-baht marketing budget to increase customer traffic and spending per bill by 10-15%.

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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

Park85 condo to set record

Kanana Katharangsiporn, Published on 06/11/2023

» The third generation of the founder of Bangkok Patana School plans to develop Park85 Residences, a low-rise condo project worth 2.4 billion baht on Sukhumvit Soi 85, with unit prices setting a record for low-rise condos.

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PROPERTY

Rate hike would likely hurt housing market

Business, Kanana Katharangsiporn, Published on 26/09/2023

» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.

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GENERAL

MJD upbeat on B7bn presales target

Business, Kanana Katharangsiporn, Published on 22/07/2023

» Property developer Major Development Plc (MJD) is confident of achieving its target of 7 billion baht in presales by year-end despite recording 2 billion baht in the first half, as all of the company's new projects are slated for the second half.

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BUSINESS

Call for fast formation of government

Business, Kanana Katharangsiporn, Published on 16/05/2023

» The Khon Kaen Chamber of Commerce is calling for a rapid endorsement of the election results to facilitate the timely injection of the fiscal 2024 budget into the Thai economy.

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PROPERTY

Foreigners picked to buoy property market

Business, Kanana Katharangsiporn, Published on 08/03/2023

» Despite the economic recovery, the property market this year may depend heavily on foreign demand as negative factors still affect domestic buyers, according to economists and property analysts.

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PROPERTY

Condo prices likely to remain stable in 2023

Business, Kanana Katharangsiporn, Published on 22/02/2023

» New condo supply launched in central Bangkok this year should not be priced higher than existing inventory because a glut remains amid stagnant purchasing power, says a real estate consultancy.

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BUSINESS

AWC unveils remaking of riverside

Business, Kanana Katharangsiporn, Published on 16/02/2023

» Developer Asset World Corp Plc (AWC) plans to build new riverfront projects near its flagship Asiatique open-air mall, starting with an investment of 800 million baht to refocus the riverside complex as an entertainment hub.

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PROPERTY

Rayong housing sales double in H1

Business, Kanana Katharangsiporn, Published on 20/09/2022

» Residential sales in Rayong picked up significantly in the first half with a doubling in growth driven by low-rise houses, following an improvement in employment in the Eastern Economic Corridor (EEC).