Showing 21 - 30 of 491
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).
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.
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.
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.
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.
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.
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.
Ananda readies seven projects worth B18.6bn
Business, Kanana Katharangsiporn, Published on 12/03/2024
» Despite carrying unsold condo units ready to transfer worth a total of 33 billion baht, SET-listed Ananda Development is planning to launch seven new projects worth a combined 18.6 billion baht this year.
Sena strategies aim to shift unsold condos
Business, Kanana Katharangsiporn, Published on 06/03/2024
» SET-listed developer Sena Development is planning to implement new strategies to rent out and transfer completed unsold condos, coping with a high mortgage rejection rate in an effort to increase sales and revenue this year.
Phuket housing market still robust
Kanana Katharangsiporn, Published on 01/03/2024
» The Phuket residential market is expected to remain robust in 2024, with prices projected to increase by 10-15%, driven by Russian demand and an anticipated return of Chinese buyers in the second half, according to property consultant CBRE Thailand.