Showing 1 - 10 of 63
Orange Line delay hits condo project
Business, Kanana Katharangsiporn, Published on 06/08/2024
» The delayed opening of the Orange Line, which will run between Thailand Cultural Centre and Min Buri, has affected the development and launch of retail and commercial properties, but demand for condos on Ramkhamhaeng Road remains strong.
C.P. Land planning to unveil 9 new projects
Business, Kanana Katharangsiporn, Published on 16/07/2024
» C.P. Land Plc, a property firm owned by the CP Group, plans to launch nine new residential projects worth a combined 11.3 billion baht in Bangkok and major provinces over the next 12 months, with one third being in the high-end segment.
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.
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).
Office demand turns negative in 1st quarter
Business, Kanana Katharangsiporn, Published on 25/04/2024
» The office market recorded negative absorption in the first quarter of 2024, ending a consecutive seven-quarter rise from mid-2022, as demand shifted from non-green to green spaces and downsized offices, according to property consultant Knight Frank Thailand.
Bangkok office blocks told to upgrade 'to survive'
Business, Kanana Katharangsiporn, Published on 02/04/2024
» Older office buildings in Bangkok should accelerate their upgrades as existing tenants are relocating to new prime towers, widening the gap in rents, says property consultant Jones Lang LaSalle (Thailand) (JLL).
Residential demand slows greatly in Chiang Mai
Kanana Katharangsiporn, Published on 18/03/2024
» Residential demand in Chiang Mai began slowing in the second half of 2023 and has continued through the first two months of this year, largely attributed to shrinking purchasing power caused by the economic slowdown and higher interest rates.
Overwhelmed by success
Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.
Surge in new office supply to prompt rejig
Business, Kanana Katharangsiporn, Published on 15/02/2024
» As around 1.4 million square metres of new office space is slated for completion between 2024 and 2026, landlords of existing office space should renovate or add new amenities to retain their existing tenants as new office towers will seek to attract both new clients and tenants of existing properties looking to relocate.
SC Asset sees tough residential market
Business, Kanana Katharangsiporn, Published on 09/02/2024
» SET-listed SC Asset Corporation plans to focus on recurring income properties, allocating an annual investment budget for non-residential projects of 15% of the total budget over five years, up from 10%.