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Search Result for “condo supply”

Showing 1 - 10 of 742

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PROPERTY

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.

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THAILAND

AP Thailand and TOA Partner for Sustainable Real Estate

Published on 17/05/2024

» AP Thailand Public Co., Ltd., the leader in Thailand’s property development industry with a promise of Cheevit Dee Dee Tee Lueak Eng Dai, in conjunction with TOA Paint (Thailand) Public Co., Ltd., the No.1 fully-integrated supplier of building paint and construction materials, deliver a good life for customers by selecting safe and environmentally friendly paint innovation. Under the partnership, AP has reduced greenhouse gas emissions by 1,012.88 tonnes of carbon dioxide equivalent, which equals planting 588,880 trees as both parties work together to reach the goal of Net Zero by the year 2050. In this collaboration, Mr. Boonchai Jankrajanglerd, Chief Supply Chain Officer, AP Thailand Public Co., Ltd., represented his company to accept the GREEN MISSION Certificate for The Most GHG Reduction Organisation from Mr. Jatuphat Tangkaravakoon, CEO, TOA Paint (Thailand) Public Co., Ltd., recently.

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PROPERTY

Foreigners lead the way in condo market

Business, Kanana Katharangsiporn, Published on 14/05/2024

» Foreign buyers dominated the condo market in the first quarter of 2024, with new launches focused on major tourist destinations, amounting to a combined investment value of more than 56.6 billion baht.

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PROPERTY

Supalai suggests interest rate cut to stimulate more growth

Business, Kanana Katharangsiporn, Published on 10/05/2024

» The residential market has improved following the implementation of property measures last month, but interest rates should be cut to further stimulate growth, especially in the lower-income segment, according to SET-listed developer Supalai.

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PROPERTY

Caution urged for Pattaya developers amid fears of a glut

Business, Kanana Katharangsiporn, Published on 07/05/2024

» Despite strong sales last year, Pattaya developers need to exercise caution before launching new condos to avoid an oversupply, as new launches in the market are projected to grow 50% to 5,000 units in 2024, according to property consultant Colliers Thailand.

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PROPERTY

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.

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PROPERTY

Residential prices to rise in second half

Kanana Katharangsiporn, Published on 22/04/2024

» The price index for new residential supply in Greater Bangkok should continue to rise in the second half as older inventory is absorbed following property stimulus measures starting this month, according to a research firm.

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THAILAND

AP Thailand's Q1 Presales Soar to THB 17,526 Million

Published on 09/04/2024

» Mr. Vittakarn Chandavimol, Chief Corporate Strategy and Creation, AP Thailand Public Co., Ltd., said that positive sentiment was increasingly evident in the middle to high end of Thailand’s property industry in the first quarter of the year, as reflected in the company’s presales. In the first quarter, AP recorded THB 17,526 million in presales, THB 13,632 million of which were from low-rise development projects and THB 3,894 million from condominium projects. It resulted from demand from customers confident in all of AP’s development projects – including single detached homes, twin homes, townhomes and condominiums - all stand ready to deliver a space innovation that allows home-buyers to have Cheevit Dee Dee Tee Lueak Eng Dai so that ‘Every Area in AP Home’ can grow together with every resident.

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PROPERTY

Eastern developers ease supply

Kanana Katharangsiporn, Published on 01/04/2024

» The ability of local developers to adapt improved absorption rates across most housing categories in three eastern provinces, as they slowed launches amid unfavourable conditions.

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PROPERTY

New residential sales fell 22.5% in 2023

Business, Kanana Katharangsiporn, Published on 29/03/2024

» New residential units sold in Greater Bangkok in the fourth quarter of 2023 declined by 14.5% year-on-year, resulting in a 22.5% decrease for the full year, according to the Real Estate Information Center (REIC).