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PROPERTY

AssetWise aims for 8% rise in presales this year

Kanana Katharangsiporn, Published on 09/02/2024

» SET-listed developer AssetWise plans to launch 12 new residential projects worth a combined 25.9 billion baht in Bangkok, eastern provinces and Phuket, aiming to achieve 17.8 billion baht in presales by year-end, representing an 8% increase.

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PROPERTY

Seacon forecasts 10-15% revenue growth

Molpasorn Shoowong, Published on 08/02/2024

» Seacon, one of the country's oldest homebuilders, says demand for large homes and an improving economy will help drive revenue this year to 2.3 billion baht.

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PROPERTY

First phase of Laguna Lakelands unveiled

Kanana Katharangsiporn, Published on 05/02/2024

» Hospitality firm Banyan Group has launched the first phase of Laguna Lakelands, a 700-rai project worth US$2 billion.

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PROPERTY

Bangkok land prices set for record

Business, Kanana Katharangsiporn, Published on 01/02/2024

» The land price per square wah in Bangkok is expected to reach a new record high of more than 4 million baht for a plot on Ploenchit Road owned by the Sukosol family being purchased by Central Group, according to a source in the property industry who requested anonymity.

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PROPERTY

Lalin targets flat sales growth in year ahead

Business, Kanana Katharangsiporn, Published on 30/01/2024

» SET-listed housing developer Lalin Property is continuing with a cautious approach, with plans to launch 8-12 new projects worth a combined 7-8 billion baht while aiming for flat growth in terms of sales, considering the ongoing negative factors.

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PROPERTY

Court orders liquidation of China Evergrande, owes $300bn

Published on 29/01/2024

» HONG KONG - A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain a deepening crisis.

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PROPERTY

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.

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PROPERTY

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.

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PROPERTY

FPT focusing on buildings with recurring income

Business, Kanana Katharangsiporn, Published on 25/01/2024

» SET-listed developer Frasers Property (Thailand) (FPT) will continue to weigh its portfolio with a focus on recurring income properties, particularly in the industrial sector, as the residential market is hamstrung by negative factors.

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PROPERTY

Scope poised to roll out B3bn condo project in Sukhumvit

Kanana Katharangsiporn, Published on 24/01/2024

» Luxury developer Scope Co plans to launch a new condo project, Scope Thonglor, worth 3 billion baht with only 18 units, each occupying an entire floor and priced from 200 million baht, aiming to achieve 1.65 billion baht in sales during the launch period.