Showing 1 - 10 of 137
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Property Perfect plans cautious strategy
Business, Kanana Katharangsiporn, Published on 28/02/2024
» SET-listed developer Property Perfect is taking a more cautious approach this year, focusing on debt reduction and launching fewer new projects because of stricter funding rules for both supply and demand.
Housing prices expected to remain flat
Business, Kanana Katharangsiporn, Published on 27/02/2024
» Housing prices this year will remain flat as the market is forecast to be unfavourable, with an overwhelming number of unsold units and many developers seeking to cash in.
Housing prospects dim in Q1
Kanana Katharangsiporn, Published on 26/02/2024
» The housing market outlook remains hazy for the first quarter as both developers and homebuyers lack confidence in performance and purchases, dampened by elevated interest rates.
LPN eyes condo revenue of B5bn
Kanana Katharangsiporn, Published on 26/02/2024
» SET-listed L.P.N. Development aims to generate revenue of 4.5-5 billion baht from its condo inventory totalling 11 billion baht by offering discounts, as the carrying cost of inventory is 4% per year, says the new top executive.
NCH maintains cautious approach
Business, Kanana Katharangsiporn, Published on 21/02/2024
» Mid-sized developer N.C. Housing Plc (NCH) remains cautious this year, planning to utilise its land bank to launch six new projects worth a combined 7.2 billion baht.
Tighter lending rules hinder condo market
Business, Kanana Katharangsiporn, Published on 13/02/2024
» The industrial and hotel sectors will continue to grow, unlike the condo market which will remain sluggish due to stricter rules for mortgage lending by banks, according to property consultant Knight Frank Thailand.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Supalai bolsters investment in domestic, Australian markets
Business, Kanana Katharangsiporn, Published on 26/01/2024
» SET-listed developer Supalai is bullish on the domestic and Australian residential markets, planning to invest 12.6 billion baht to expand 12 projects in Australia and launch a record high of 42 new projects worth 50 billion in Thailand.
Land & Houses aiming to launch 11 projects
Kanana Katharangsiporn, Published on 17/01/2024
» SET-listed Land & Houses plans to launch 11 new residential projects worth a combined 30.2 billion baht, all of which are low-rise houses with most in the upper-end segment as condo supply remains plentiful.