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Search Result for “impact assessment”

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PROPERTY

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.

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PROPERTY

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.

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PROPERTY

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.

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PROPERTY

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.

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GENERAL

CPanel sees prospects for precast concrete

Business, Kanana Katharangsiporn, Published on 25/08/2023

» The new government's pledge to increase the daily minimum wage to 600 baht as well as the Ashton Asoke case should help the already robust precast concrete industry, according to MAI-listed precast concrete producer CPanel.

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PROPERTY

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.

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PROPERTY

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.

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PROPERTY

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.

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PROPERTY

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.

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BUSINESS

Kanda looks to diversify for growth

Business, Kanana Katharangsiporn, Published on 29/06/2022

» Low-rise housing developer Kanda Property Co will diversify to condo, hotel and wellness in the next few years and plans to launch six new projects worth a combined 4.7 billion baht in 2022, aiming for a growth of 10% in presales and revenue.