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PROPERTY

Sena upbeat on state solar power scheme

Yuthana Praiwan, Published on 21/02/2024

» The government's plan to launch a new rooftop solar power project for households is attracting the attention of housing developers, with Sena Development Plc, a developer that also offers solar panel installation services, aiming to benefit from the scheme.

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PROPERTY

Pruksa preps 30 projects worth B29bn

Business, Kanana Katharangsiporn, Published on 20/02/2024

» SET-listed developer Pruksa Holding (PSH) is planning to launch 30 new residential projects worth a combined 29 billion baht, with a shift to the upper-priced segment to balance those in the lower-end market affected by negative factors.

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PROPERTY

Residential property market remains tepid this year

Business, Kanana Katharangsiporn, Published on 17/02/2024

» Though Thai GDP growth is forecast at 2.8-3.2% this year, the residential market may post marginal gains as demand remains weak, according to the Real Estate Information Center (REIC).

PROPERTY

Chewathai preps B600m for land, 4 new projects

Business, Kanana Katharangsiporn, Published on 16/02/2024

» MAI-listed developer Chewathai is preparing 600 million baht to acquire new land plots and launch four residential projects worth a combined 3.7 billion baht, aiming for a 5% increase in revenue to reach 2 billion baht this year.

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PROPERTY

Singapore home sales off to slowest start since 2009

Bloomberg News, Published on 15/02/2024

» SINGAPORE - Singapore home sales posted the weakest January sales since 2009, adding to signs that the property boom is fading.

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PROPERTY

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.

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PROPERTY

Centara adds 5 properties in bid to boost hotel footprint

Business, Published on 15/02/2024

» Centara Hotels & Resorts has added five properties to its diverse portfolio in a drive to strengthen its footprint in Thailand and Vietnam.

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PROPERTY

Bangkok governor responds to city plan criticism

News, Supoj Wancharoen, Published on 13/02/2024

» Bangkok governor Chadchart Sittipunt said on Monday that comprehensive city planning would not benefit financiers, adding that it can be revised after opposition from civil society networks.

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PROPERTY

Raimon Land ups capital to B7.76bn

Business, Published on 13/02/2024

» Raimon Land Plc, a leader in luxury and ultra-luxury real estate development, has announced a capital increase of 3.58 billion baht to 7.76 billion baht and a warrants issue.

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PROPERTY

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%.