Showing 1 - 10 of 162
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.
Standard preps Hua Hin, Phuket projects
Business, Kanana Katharangsiporn, Published on 07/02/2024
» Hospitality firm Standard International is planning to launch two projects of The Standard Residences in Phuket and Hua Hin in the second quarter, with combined sales of 8.5 billion baht, aiming to achieve a 60% target in presales.
CPN anticipates 20% sales growth in first quarter
Business, Kanana Katharangsiporn, Published on 11/01/2024
» Driven by the Chinese New Year festival and the government's Easy E-Receipt scheme, SET-listed Central Pattana (CPN) expects retail sales growth of 20% in the first quarter, projecting a combined cash flow of 15 billion baht across all Central shopping mall branches.
Sentiment index slips in third quarter
Business, Kanana Katharangsiporn, Published on 13/10/2023
» The sentiment of housing developers for the next six months declined in the third quarter, with the most significant drop relating to employment concerns after the government announced a minimum daily wage of 400 baht next year.
Rate hike would likely hurt housing market
Business, Kanana Katharangsiporn, Published on 26/09/2023
» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.
Chinese buyers gradually cool on Thailand as destination
Business, Kanana Katharangsiporn, Published on 15/08/2023
» Thailand dipped to fifth among destinations for Chinese property buyers, down one spot from last year and the top ranking in 2021, attributed to a sluggish recovery of travel and pricey flights.
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.
Developers take a hit as LTV easing ends
Business, Kanana Katharangsiporn, Published on 18/05/2023
» The expiration of the easing of loan-to-value (LTV) limits has had an impact on two-thirds of listed developers, resulting in residential sales revenue declining year-on-year in the first quarter of 2023.
Retail market demonstrating solid signs of improvement
Business, Kanana Katharangsiporn, Published on 28/04/2023
» Driven by economic growth and a rebound in tourism, the retail property market has been steadily improving since the fourth quarter of last year, with a prediction that it will return to normal by 2024, according to consultants.
Gaysorn sets out Bangkok expansion plans
Business, Kanana Katharangsiporn, Published on 22/04/2023
» Gaysorn Property Co, a luxury developer and one of the largest freehold landlords in Bangkok's Ratchaprasong area, is poised to continue shaping the commercial and shopping district to maintain its position as an iconic destination.