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PROPERTY

MontAzure’s luxury beachfront community shines

Published on 27/06/2024

» MontAzure is setting new standards in luxury beachfront living, combining residential, commercial, and hospitality components to create a world-class destination on Kamala Beach. The project is a joint venture between three prominent property and hotel investment groups in Asia: the Narai Group (Thailand), ARCH Capital (Hong Kong), and Philean Capital (Singapore), part of the Pontiac Land Group. Each partner brings unique strengths to the venture, bolstering MontAzure’s stature as a premier beachfront community in Thailand and Asia.

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PROPERTY

Bangkok townhouse sales plunge

Business, Kanana Katharangsiporn, Published on 22/06/2024

» New sales of Greater Bangkok townhouses plummeted in the first quarter of 2024 to a 12-year low, nearing levels following the severe floods of 2011, largely attributed to weak demand in the middle to lower-end segments.

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PROPERTY

Sena unveils rent-to-own condo scheme

Business, Kanana Katharangsiporn, Published on 11/04/2024

» SET-listed developer Sena Development is launching a rent-to-own programme for ready-to-move-in condos, aiming to close sales of 1,000 units worth 1.4 billion baht by the end of the year.

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PROPERTY

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.

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PROPERTY

Lalin targets flat sales growth in year ahead

Business, Kanana Katharangsiporn, Published on 30/01/2024

» SET-listed housing developer Lalin Property is continuing with a cautious approach, with plans to launch 8-12 new projects worth a combined 7-8 billion baht while aiming for flat growth in terms of sales, considering the ongoing negative factors.

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PROPERTY

Reignwood set to plough B60bn into luxury project

Kanana Katharangsiporn, Published on 30/11/2023

» Reignwood Group, a property firm owned by Chinese-Thai businessman Chanchai Ruayrungruang, plans to invest more than 60 billion baht to develop Reignwood Park in Pathum Thani as the largest luxury mixed-use project in Southeast Asia.

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PROPERTY

PF preps 2nd phase of Khao Yai villas

Business, Kanana Katharangsiporn, Published on 27/11/2023

» SET-listed developer Property Perfect (PF) plans to launch a second phase of its luxury villa project in Khao Yai worth 1.6 billion baht after selling two-thirds of the units from the first phase -- valued at 1 billion baht -- in two years amid a fivefold increase in land prices over a five-year period.

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PROPERTY

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.

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PROPERTY

Sansiri sales grow 37% to B25bn in H1

Business, Published on 06/07/2023

» Real estate developer Sansiri Plc reported sales of 25 billion baht for the first half of 2023, up 37% year-on-year from 18.3 billion.

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PROPERTY

MQDC unveils plan for The Forestias Signature Series

Business, Published on 01/06/2023

» Property developer Magnolia Quality Development Corporation (MQDC) plans to launch The Forestias Signature Series, a 44-storey residential tower worth 5.9 billion baht, targeting those seeking large urban condos.