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PROPERTY

Post-rejig, Sen X targets 40% growth

Business, Kanana Katharangsiporn, Published on 31/05/2024

» SET-listed property firm Sen X plans to restructure by merging subsidiaries related to property services, expanding to manage non-residential properties, adding new businesses and shifting to high-priced housing segments to secure 40% growth by year-end.

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PROPERTY

CPN optimistic on office rental outlook

Business, Kanana Katharangsiporn, Published on 30/05/2024

» SET-listed Central Pattana (CPN) is aiming for annual growth of more than 10% in the office rental business over a five-year period, following the completion of Central Park Offices at the Dusit Central Park mixed-use project next year.

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PROPERTY

Measures may not be sufficient

Business, Kanana Katharangsiporn, Published on 29/05/2024

» The government's property measures may not stimulate the residential market as much as expected because obstacles to home demand and purchasing power, particularly for units priced below 3 million baht, remain unchanged.

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PROPERTY

Foreign buyers drive Q1 condo sales

Business, Kanana Katharangsiporn, Published on 28/05/2024

» The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).

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PROPERTY

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.

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PROPERTY

Supalai suggests interest rate cut to stimulate more growth

Business, Kanana Katharangsiporn, Published on 10/05/2024

» The residential market has improved following the implementation of property measures last month, but interest rates should be cut to further stimulate growth, especially in the lower-income segment, according to SET-listed developer Supalai.

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PROPERTY

Measures help boost AP's townhouse sales

Business, Kanana Katharangsiporn, Published on 09/05/2024

» The property measures that commenced last month helped boost townhouse sales in April, while a possible rise in the daily minimum wage needs to be weighed against a drop in the price of construction materials, according to SET-listed developer AP Thailand.

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PROPERTY

Minimum wage hits construction prices

Business, Kanana Katharangsiporn, Published on 23/04/2024

» The new daily minimum wage, which became effective in early January, drove up home construction prices in the first quarter, despite a drop in costs due to the influx of Chinese steel and the delayed disbursement of the government's budget.

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PROPERTY

Amending property rules likely to spur sales

Business, Kanana Katharangsiporn, Published on 19/04/2024

» Amending obsolete rules regarding property development can improve home purchasing power, enabling homebuyers to afford units, say developers.

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PROPERTY

Reaping the property stimulus rewards

Business, Kanana Katharangsiporn, Published on 18/04/2024

» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.