Showing 1 - 10 of 32
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Costs, inflation put property demand at risk
Business, Kanana Katharangsiporn, Published on 12/07/2022
» The property market will continue to be challenged by inflation, higher development costs, and rising interest rates in the second half, which will take a toll on housing demand, says residential developer Frasers Property Home (Thailand).
Inflation rate dims REIC's recovery view
Business, Kanana Katharangsiporn, Published on 21/02/2022
» Despite a forecast of 25% growth in residential transfers this year, reaching the level attained in 2019 might take until 2024 because of the rising rate of inflation, according to the Real Estate Information Center (REIC).
Fewer deals as land demand dips
Business, Kanana Katharangsiporn, Published on 09/02/2022
» Slowing condo launches and extremely high land prices in inner city areas led to a year-on-year increase in land prices in Bangkok during the fourth quarter last year as it saw the lowest growth in a decade, according to property consultant CBRE Thailand.
BoT call to extend incentives
Business, Kanana Katharangsiporn, Published on 08/12/2021
» The government should extend its property tax incentives to next year to drive housing market growth in 2022, in line with the projected economic recovery, the Bank of Thailand suggested.
Developers crucial in sustainability effort
Business, Kanana Katharangsiporn, Published on 03/08/2021
» Real estate developers play an important role in green and sustainable development, with major players stepping up to invest in the concept.
Move to leverage Singha Estate's synergies
Business, Kanana Katharangsiporn, Published on 31/03/2021
» SET-listed Singha Estate Plc (S) is moving into the power plant business to leverage synergies with its commercial property, residential property and resorts and hotels businesses amid an increasingly unpredictable local and global business environment.
Supalai veers out of conservatism
Business, Kanana Katharangsiporn, Published on 15/08/2020
» Conservative developer Supalai is continuing its overseas investment to diversify risk and capitalise on its financial advantages after exploring far-flung destinations in Australia, the Philippines, Vietnam and Malaysia.
Finance association says LTV curbs doing the job
Business, Kanana Katharangsiporn, Published on 31/07/2019
» The new loan-to-value (LTV) limits applied since April 1 should be continued as a new standard for mortgages because they have not affected real housing demand and can help reduce non-performing loans (NPLs), says the Housing Finance Association.
CRG banks on new stores, delivery for 12% growth
Business, Kanana Katharangsiporn, Published on 14/03/2019
» Central Restaurants Group Co (CRG) plans to spend 2 billion baht to add new stores, launch a delivery app and add four new brands, aiming for sales growth of 12% to 13.4 billion baht.