Showing 1 - 9 of 9
Developers adjust to decline in transfers
Business, Kanana Katharangsiporn, Published on 12/06/2024
» The number of land allocation permits nationwide dropped by 19.7% in the first quarter of 2024, the largest decline in nine quarters, as developers adjusted after seeing a consecutive dip in low-rise house transfers.
Crackdown dents condo purchases
Business, Kanana Katharangsiporn, Published on 08/06/2024
» Myanmar's crackdown on Thai condo purchases by its citizens could cause a significant decline in condo transfers during the second and third quarters, according to the Thai Condominium Association.
Residential developers getting cold feet
Kanana Katharangsiporn, Published on 06/06/2024
» The residential construction area permitted nationwide in the first three months of 2024 is expected to plunge to the lowest level in 12 quarters, reflecting developers slowing new launches of residential supply because of weak demand.
Foreign interest key to condo projects
Business, Kanana Katharangsiporn, Published on 04/06/2024
» SET-listed Noble Development plans to focus on foreign buyers for new condo projects in Bangkok as domestic demand remains sluggish.
Post-rejig, Sen X targets 40% growth
Business, Kanana Katharangsiporn, Published on 31/05/2024
» SET-listed property firm Sen X plans to restructure by merging subsidiaries related to property services, expanding to manage non-residential properties, adding new businesses and shifting to high-priced housing segments to secure 40% growth by year-end.
CPN optimistic on office rental outlook
Business, Kanana Katharangsiporn, Published on 30/05/2024
» SET-listed Central Pattana (CPN) is aiming for annual growth of more than 10% in the office rental business over a five-year period, following the completion of Central Park Offices at the Dusit Central Park mixed-use project next year.
Measures may not be sufficient
Business, Kanana Katharangsiporn, Published on 29/05/2024
» The government's property measures may not stimulate the residential market as much as expected because obstacles to home demand and purchasing power, particularly for units priced below 3 million baht, remain unchanged.
Foreign buyers drive Q1 condo sales
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).
Frasers ups presence in condo segment
Business, Kanana Katharangsiporn, Published on 21/05/2024
» Residential developer Frasers Property Home (Thailand) is planning to launch three new condo projects worth over 1 billion baht per year over the next few years to ensure the company has products in every segment.