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PROPERTY

Sansiri presales led by luxury segment

Business, Kanana Katharangsiporn, Published on 27/07/2023

» Property developer Sansiri Plc has recorded significant growth in its first-half presales of low-rise houses, driven primarily by the luxury segment, which accounted for 60% of total presales compared to less than half of total presales prior to the pandemic.

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GENERAL

MJD upbeat on B7bn presales target

Business, Kanana Katharangsiporn, Published on 22/07/2023

» Property developer Major Development Plc (MJD) is confident of achieving its target of 7 billion baht in presales by year-end despite recording 2 billion baht in the first half, as all of the company's new projects are slated for the second half.

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PROPERTY

Why foreigners are acquiring Thai property

Kanana Katharangsiporn, Published on 19/07/2023

» Thailand maintains its appeal as an attractive destination for foreign property buyers, especially for those seeking a second home, despite specific limitations on property ownership.

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PROPERTY

Standard readies new residential projects

Business, Kanana Katharangsiporn, Published on 29/06/2023

» Hotel chain Standard International plans to launch two branded residential projects in Phuket and Hua Hin, while also opening five new hotels with 600 rooms across four destinations in Thailand during 2023-26 to capitalise on robust demand.

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PROPERTY

Cissa preps two Phuket villa projects

Business, Kanana Katharangsiporn, Published on 27/06/2023

» Phuket-based property developer Cissa Group plans to launch two new villa projects worth a combined 2 billion baht by the end of 2023 and will invest at least 4 billion baht to develop a medical centre, an international school and a retirement village next year.

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PROPERTY

Call for more real estate incentives

Business, Kanana Katharangsiporn, Published on 26/06/2023

» Property developers and consultants want the new government to implement measures to foster a positive environment for foreign investment and to encourage overseas buyers.

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PROPERTY

Raimon Land set to launch 3 new luxury projects in Q4

Business, Kanana Katharangsiporn, Published on 16/06/2023

» SET-listed developer Raimon Land Plc is confident about high-end residential demand, with plans to launch three new luxury projects worth 18 billion baht in Phuket and Bangkok in the fourth quarter.

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BUSINESS

Siamese Asset targets green certification for all new projects

Business, Kanana Katharangsiporn, Published on 10/06/2023

» SET-listed developer Siamese Asset plans to apply for green certification for all of its new projects, hoping to qualify for a green loan from the World Bank Group's International Finance Corporation (IFC).

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PROPERTY

LPN jittery over delays to new government

Business, Kanana Katharangsiporn, Published on 25/05/2023

» The delay in the establishment of the new government may lead to a lack of confidence among financial institutions, which in turn could impact the consideration and approval of home loans, according to SET-listed developer L.P.N. Development.

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PROPERTY

Noble unfazed by potential wage hikes

Business, Kanana Katharangsiporn, Published on 20/05/2023

» SET-listed Noble Development is unconcerned by the expected new government's pledges regarding minimum wage hikes as it has already included them in new cost estimates.