Showing 81 - 90 of 215
Condo prices suffer from glut
Business, Kanana Katharangsiporn, Published on 19/10/2023
» The price index of new condos in Nonthaburi and Samut Prakan declined for four consecutive quarters because of an oversupply of unsold units in older projects, primarily within price segments affected by negative factors.
Singha to launch B5bn projects in Q4
Business, Kanana Katharangsiporn, Published on 17/10/2023
» SET-listed Singha Estate is planning to launch two new low-rise housing projects worth 5 billion baht in the fourth quarter, targeting a pricing segment of 15 million baht as buyers in this range are receiving a minimal impact from economic conditions.
Charn Issara upbeat on revenue growth target
Business, Kanana Katharangsiporn, Published on 11/10/2023
» SET-listed Charn Issara Development is confident it can achieve its revenue growth target this year, driven by the recovery of the tourism sector and the completion of two condo projects this quarter.
CPN plans B100bn Bangkok mega projects
Business, Pitsinee Jitpleecheep, Published on 10/10/2023
» Retail and property developer Central Pattana Plc (CPN), the operator of Central shopping centres, plans to develop five mega mixed-use projects in Bangkok's downtown and central business district (CBD), as well as northern Bangkok, between 2023 and 2027 at a cost of over 100 billion baht.
MQDC to launch new project in Pattaya
Business, Kanana Katharangsiporn, Published on 05/10/2023
» Property developer Magnolia Quality Development Corporation Ltd (MQDC) is eager to launch a new mixed-use project in Pattaya next year, following a residential unit transfer worth 10 billion baht at its mega-project The Forestias in early 2024.
Russians spur Phuket luxury villa market
Business, Kanana Katharangsiporn, Published on 04/10/2023
» Increasing demand for luxury villas in Phuket from Russian buyers is driving new supply in the market to reach a record high this year, which could result in a glut.
Ananda opts to initiate price cuts
Business, Kanana Katharangsiporn, Published on 28/09/2023
» Ananda Development Plc will cut the prices of its ready-to-move-in residential units, reducing the company's gross profit by 8%, in an effort to secure liquidity and bolster cash flow amid a risk that it may be unable to secure a bond rollover, along with the crisis generated by the Ashton Asoke case.
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.
Foreign demand continues to surge in H1
Business, Kanana Katharangsiporn, Published on 19/09/2023
» While the number of local buyers in the condo market has slowed, foreign demand continued to surge, accounting for 24.6% of the total transfer value nationwide in the first half of 2023, up from 20.5% last year, led by Chinese buyers.
CPN readies 50 residential developments
Business, Kanana Katharangsiporn, Published on 15/09/2023
» SET-listed developer Central Pattana (CPN) has prepared land plots for 50 residential developments to launch from 2024 to 2026, aiming to generate a combined revenue of 24 billion baht in those years.