Showing 1 - 10 of 21
Firms jittery on new launches
Kanana Katharangsiporn, Published on 26/09/2024
» Residential developers in Greater Bangkok should exercise caution regarding new launches over the next nine months as the market is showing signs of strain, with declining sales and increasing unsold inventory in the second quarter.
GVREIT ploughs B200m into offices
Business, Kanana Katharangsiporn, Published on 07/08/2024
» Golden Ventures Leasehold Real Estate Investment Trust (GVREIT) will invest 200 million baht in the renovation of two office buildings in order to enhance their competitiveness and retain tenants amid a surge in office supply.
Tris issues warning on falling demand
Nuntawun Polkuamdee, Published on 08/07/2024
» Tris Rating, a Thai credit rating agency, warns that property and leasing businesses should be strictly monitored in the second half based on decreasing demand, after 20 companies were downgraded in the first six months.
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.
Central Pattana profit up 28% to B4.15bn in Q1
Business, Published on 15/05/2024
» Central Pattana Plc (CPN) reported total earnings of 12.2 billion baht in the first quarter of this year, up 19% year-on-year.
Property stimulus bump to lift Thai stock market
Business, Nuntawun Polkuamdee, Published on 12/04/2024
» The recently approved property stimulus measures should help the Thai stock market as they significantly lower costs for homebuyers, with the cuts to transfer and mortgage fees applying to up to 70% of the units available in the property market.
Sansiri unveils new structure after departure of Srettha
Business, Kanana Katharangsiporn, Published on 03/11/2023
» SET-listed developer Sansiri has undergone a major restructuring since former chief executive Srettha Thavisin entered politics.
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.
Call for measures to boost Chiang Mai housing sector
Business, Kanana Katharangsiporn, Published on 13/09/2023
» The Chiang Mai housing market is expected to recover next year, but the government should implement measures to enhance home purchasing power, according to local developers.
Sansiri ups condo transfer target by 15%
Kanana Katharangsiporn, Published on 07/09/2023
» SET-listed developer Sansiri has upgraded its condo transfer target by 15% to 12 billion baht by year-end as its performance over the past eight months exceeded expectations, primarily driven by sales of ready-to-move-in units.