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BUSINESS

Sansiri raises land budget, capacity plans

Business, Kanana Katharangsiporn, Published on 06/07/2018

» SET-listed developer Sansiri Plc (SIRI) has raised its land investment budget and will spend 200 million baht to expand precast production capacity in the fourth quarter after low-priced townhouse presales in the first half tripled.

BUSINESS

Small developers must focus on quality

Business, Kanana Katharangsiporn, Published on 16/01/2018

» Small and medium-sized property developers should pay attention to construction quality and after-sales services rather than competing to buy unreasonably priced plots, says property veteran Anant Asavabhokhin.

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BUSINESS

Golden Land ramps up 2018 project slate

Business, Kanana Katharangsiporn, Published on 20/12/2017

» SET-listed developer Golden Land Property Development Plc (GOLD) plans to launch 34 new projects worth a combined 39.6 billion baht in Bangkok and provinces next year, aiming for growth of 34% in presales to 26.6 billion baht.

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BUSINESS

J.S.P. plans debut in upper-end residences

Business, Kanana Katharangsiporn, Published on 21/11/2017

» MAI-listed developer J.S.P. Property Plc will enter the upper-end residential market next year and raise housing prices by 5-10% to improve its net profit margin from 0.9% in the third quarter this year to more than 10% in 2018.

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BUSINESS

Baba Beach Clubs to be opened in Phuket, Hua Hin

Business, Kanana Katharangsiporn, Published on 15/09/2017

» SET-listed developer Charn Issara Development Plc (CI) will open two new luxury resorts under the Baba brand in Phuket and Hua Hin with a combined investment of 4.7 billion baht in October this year, aiming to boost sales of high-priced residential units at both sites.

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BUSINESS

Condo group warns about speculators

Business, Kanana Katharangsiporn, Published on 21/07/2017

» Condo developers should be wary of speculative buyers in the high-end segment who may opt not to have units transferred once a project is completed, says the Thai Condominium Association.

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BUSINESS

Sansiri looks for growth abroad

Business, Kanana Katharangsiporn, Published on 18/07/2017

» SET-listed developer Sansiri Plc (SIRI) aims to increase its overseas sales to 12 billion baht over the next five years from 8 billion baht as it seeks to tap into growing foreign demand.

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BUSINESS

TCC Land to splash B40bn on trade hubs

Business, Kanana Katharangsiporn, Published on 10/03/2017

» TCC Land Asset World Co, a property arm of billionaire Charoen Sirivadhanabhakdi, will spend 40 billion baht to develop AEC Trade Centers in eight provinces nationwide, aiming to generate 1 billion baht a year from each site.

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BUSINESS

SC Asset to finally dip toes in low-end mass market

Business, Kanana Katharangsiporn, Published on 24/01/2017

» SET-listed developer SC Asset Corporation Plc plans to shift to the low-end segment, meaning units priced below 3 million baht, and establish a venture capital firm for property technology.

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BUSINESS

Ananda sees strong demand for single houses, low-end condos

Business, Kanana Katharangsiporn, Published on 08/09/2016

» SET-listed Ananda Development Plc (ANAN) will enter the high-priced single-house segment and launch more low-end condo projects as a show of confidence in demand.