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Search Result for “tier 6”

Showing 1 - 10 of 10

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BUSINESS

Bullish Standard targets 2nd-tier cities

Business, Kanana Katharangsiporn, Published on 21/07/2022

» Standard International, a hospitality subsidiary of SET-listed developer Sansiri Plc, plans to tap second-tier cities like Ayutthaya and Rayong with Bunkhouse, its boutique brand.

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BUSINESS

JLL urges hotels, retailers to cut costs, seek backups

Business, Kanana Katharangsiporn, Published on 20/08/2020

» The hotel and retail sectors should prepare for stringent cost-cutting and find alternative income sources for as long as there is no coronavirus vaccine, as it will take two years for businesses to resume as usual, according to property consultant JLL Thailand.

BUSINESS

UHG looks to Ramkhamhaeng area for hotels, offices

Business, Kanana Katharangsiporn, Published on 06/01/2020

» Commercial property developer UHG Holdings Co sees Ramkhamhaeng as its next location to develop a mix of hotels and offices, diversifying risk in the popular hospitality segment.

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BUSINESS

Pruksa refocuses on mid-tier condos

Business, Kanana Katharangsiporn, Published on 09/05/2019

» Pruksa Real Estate, a subsidiary of SET-listed Pruksa Holding Plc (PSH), has downshifted to middle-end condos to capture real demand and investment buyers amid a sluggish market.

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BUSINESS

Noble eyes Chinese buyers

Business, Kanana Katharangsiporn, Published on 03/05/2019

» SET-listed developer Noble Development Plc looks set to boost sales from Chinese buyers, divest its commercial properties, clear its condo inventory and expand to outer city locations as it aims for 10-12 billion baht in revenue per year during 2019-21.

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BUSINESS

Sansiri eyes Q1 presale boost from curbs

Business, Kanana Katharangsiporn, Published on 22/01/2019

» SET-listed developer Sansiri Plc expects the upcoming lending curbs to help drain housing stock and boost presales in the first quarter by 50%, higher than the usual rate, ahead of the new rules taking effect on April 1.

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BUSINESS

Lending curbs set to hit residential sales

Business, Kanana Katharangsiporn, Published on 14/01/2019

» The Bank of Thailand's macroprudential policy will hurt future residential sales in 20 first- and second-tier provinces, with Chon Buri continuing to see the largest number of unsold units, which last year represented more than one-third of the total.

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BUSINESS

Jiaranai funnelling Chinese buyers

Business, Kanana Katharangsiporn, Published on 26/10/2018

» Jiaranai Entertainment Co, a Chinese media company in Thailand, has joined Chinese property agency Wo Ai Wo Jia Co to tap into growing Chinese demand for Thai condominiums, with a sales target of 5,000 units worth 25-30 billion baht by next year.

BUSINESS

Grand Unity postpones mid-tier condo launch

Business, Kanana Katharangsiporn, Published on 07/09/2018

» Condo developer Grand Unity Development Co, a subsidiary of SET-listed Univentures Plc (UV), plans to delay the launch of its mid-priced condominium project to the middle of next year, replacing it with a luxury building to tap into the growing high-end market.

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BUSINESS

Developers eye Chinese buyers

Business, Kanana Katharangsiporn, Published on 21/03/2017

» Developers carrying a large number of unsold condos are tapping investment-oriented overseas buyers, mainly in China.