Showing 1 - 10 of 1,817
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.
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.
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.
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).
Yong eyes 2 new plants in Rayong
Business, Kanana Katharangsiporn, Published on 23/05/2024
» Yong Concrete, an MAI-listed producer of concrete products, is expanding with two new plants in Rayong to capitalise on rising demand in the Eastern Economic Corridor (EEC), diversifying risk from the property market slowdown and government budget delays.
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.
Performance among developers in Q1 mixed
Business, Kanana Katharangsiporn, Published on 16/05/2024
» The first-quarter revenue of major listed developers reflected varying trends, with a decline year-on-year among those targeting the lower-end segment, while those focusing on the middle to upper segments continued to witness growth.
Bangkok occupancy rates bounce back in Q1
Business, Kanana Katharangsiporn, Published on 14/05/2024
» Hotel occupancy rates in Bangkok during the first quarter of 2024 bounced back close to pre-pandemic levels, primarily fuelled by an influx of Mice (meetings, incentives, conferences and exhibitions) travellers.
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.
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.