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BUSINESS

Weak pound lures Thais to buy properties in London

Business, Kanana Katharangsiporn, Published on 18/10/2022

» The British pound, which was the lowest in 20 months against the baht, might draw more wealthy Thais to purchase London properties, according to property consultant Knight Frank Thailand.

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BUSINESS

Helming a mega-project

Business, Kanana Katharangsiporn, Published on 16/10/2021

» Vimarn Suriya Co, the developer of the mixed-use project Dusit Central Park, plans to eventually become a holding firm once the project is completed, with different affiliates operating each component of this luxury project.

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BUSINESS

Property developers look to tech

Business, Kanana Katharangsiporn, Published on 25/06/2021

» Amid a property market slowdown and travel obstacles, developers are adopting digital tools to boost residential sales from local and foreign demand as well as tapping into a new generation of buyers offering sales via cryptocurrency.

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BUSINESS

Altitude to retain focus on low-rise housing

Business, Kanana Katharangsiporn, Published on 20/05/2021

» Property developer Altitude Development Co is pressing ahead with low-rise housing projects, joint ventures and turnkey projects as this strategy is less risky during a pandemic.

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BUSINESS

Jittery locals delay property purchases

Business, Kanana Katharangsiporn, Published on 14/11/2020

» Thai buyers delayed property purchases because they were not confident about prices and worried about mortgage lending, according to a consumer sentiment survey by property portal DDproperty.com.

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BUSINESS

REIC: Housing index continues decline into Q3

Business, Kanana Katharangsiporn, Published on 05/11/2020

» The housing price index in Greater Bangkok saw a continued drop in the third quarter as developers continued using discounts and campaigns to boost sales, according to the Real Estate Information Center (REIC).

BUSINESS

Cash-strapped developers urge tax waiver

Business, Kanana Katharangsiporn, Published on 16/10/2020

» The government is being urged to waive the special business tax for property transactions between cash-strapped developers and new investors to avoid possible non-performing loans (NPLs) as the fallout from Covid-19 hits the economy and property market.

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BUSINESS

Proud hopes to close Hua Hin condo sales by April

Business, Kanana Katharangsiporn, Published on 29/09/2020

» MAI-listed developer Proud Real Estate Plc expects to close sales of a luxury condo project in Hua Hin by next April as wealthy Thai buyers shift to local destinations.

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BUSINESS

Rolling with the punches until jabs arrive

Business, Kanana Katharangsiporn, Published on 01/08/2020

» Afull recovery from the coronavirus crisis is unlikely until there is a vaccine for Covid-19, according to a local property veteran.

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BUSINESS

Investment buyers flock back to condo market

Business, Kanana Katharangsiporn, Published on 01/05/2020

» Condo investment buyers are starting to rule the market again by scooping up ready-to-transfer units at discount prices and speculating to reap capital gains over the next two years as the pandemic fades, according to property consultants.