Showing 1 - 10 of 11
Scope poised to roll out B3bn condo project in Sukhumvit
Kanana Katharangsiporn, Published on 24/01/2024
» Luxury developer Scope Co plans to launch a new condo project, Scope Thonglor, worth 3 billion baht with only 18 units, each occupying an entire floor and priced from 200 million baht, aiming to achieve 1.65 billion baht in sales during the launch period.
Developers call for clearer environmental reports
Business, Kanana Katharangsiporn, Published on 01/11/2023
» Condo developers are urging environmental impact assessment (EIA) reports to be reviewed based on clear standards, aiming to reduce subjective judgements because a delayed assessment process increases development costs.
MQDC to launch new project in Pattaya
Business, Kanana Katharangsiporn, Published on 05/10/2023
» Property developer Magnolia Quality Development Corporation Ltd (MQDC) is eager to launch a new mixed-use project in Pattaya next year, following a residential unit transfer worth 10 billion baht at its mega-project The Forestias in early 2024.
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.
Condo ruling could affect financing
Business, Kanana Katharangsiporn, Published on 11/08/2023
» The Ashton Asoke case, in which the condo was ordered to have its construction permit revoked, will have an impact on property developers who depend on issuing debt instruments and securing loans for funding, as lenders are becoming more hesitant, according to developers.
Noble rejects legal worries over condos
Business, Kanana Katharangsiporn, Published on 03/08/2023
» SET-listed developer Noble Development has insisted that its two condo projects, situated on land where parts were expropriated, have no legal issues like Ashton Asoke because their given entrance-exit has remained unchanged since they were in the possession of the previous landowners.
Chewathai finds comfort zone with reworked plan
Business, Kanana Katharangsiporn, Published on 22/10/2022
» MAI-listed developer Chewathai plans to resume land purchases, scale down the size of new projects and start new property-related ventures as it wrangles with the land and building tax and China's strict zero-Covid policy.
B4bn Naam Hotel awaiting EIA green light
Business, Kanana Katharangsiporn, Published on 05/07/2022
» Development of the new six-star Naam Hotel is underway as the Tangsin family awaits environmental approval to build the 4-billion-baht riverside project next to its existing Ramada Plaza by Wyndham Bangkok Menam Riverside.
Russians crowned leading buyers of Phuket condos
Business, Kanana Katharangsiporn, Published on 14/06/2022
» China's zero-Covid policy has seen Russians overtake the Chinese as the top foreign buyers of condos in Phuket, with the total in the first quarter exceeding the whole of 2021.
The lowdown on low rates
Business, Published on 30/10/2020
» Lower prices at residential projects and attractive interest rates for housing loans are supporting healthy mortgage loan growth amid the Covid-19 pandemic, with the positive trend mainly deriving from real demand.