Showing 1 - 10 of 30
Prospect allocates B22bn for expansion
Business, Kanana Katharangsiporn, Published on 03/04/2024
» Factory and warehouse developer Prospect Development Co will invest 22 billion baht between 2024 and 2028 to add new space covering 1.25 million square metres in total, with the aim of capitalising on growing demand in the market.
Developers require rejig to flatten prices
Business, Kanana Katharangsiporn, Published on 10/05/2022
» Residential developers should revise down unit sizes and adjust some features to keep housing prices flat, to accommodate sluggish purchasing power after prices were pushed up by higher costs caused by the impact of the Russia-Ukraine war.
SC Asset focuses on stability, not profit
Business, Kanana Katharangsiporn, Published on 28/11/2020
» SET-listed developer SC Asset Corporation Plc wants to focus on stability rather than profitability and growth, aiming to maintain annual revenue of 17-19 billion baht in 2021-22.
Rayong residential market to see rebound in 2021
Business, Kanana Katharangsiporn, Published on 29/10/2020
» The residential market in Rayong will improve next year, led by low-rise housing segment, while a recovery in Chon Buri is foreseeable in 2022, according to the Real Estate Information Center (REIC).
Angel diversifies eastward with B3bn land sales target
Business, Kanana Katharangsiporn, Published on 30/09/2020
» A sharp contraction in the condo market has led Angel Real Estate Consultancy to diversify into industrial estates in eastern provinces, aiming to close land sales worth 3 billion baht by year-end.
Property sales in northern region dwindle as tourism industry seizes
Business, Kanana Katharangsiporn, Published on 10/06/2020
» The residential market in northern provinces will slump further this year as the coronavirus hits key economic drivers and banks impose stricter rules on home loans, according to local developers.
Tourism, FDI to revive EEC property view
Business, Kanana Katharangsiporn, Published on 05/06/2020
» The Eastern Economic Corridor (EEC), the government's flagship infrastructure project, and a tourism recovery following the pandemic will be the key factors for the property market in the three eastern provinces, according to developers.
Colliers warns on Pattaya oversupply
Business, Kanana Katharangsiporn, Published on 04/03/2020
» Developers should freeze the supply of new condominiums in Pattaya because the coronavirus outbreak is hurting demand and will increase the number of unsold units to a record high, says property consultant Colliers International Thailand.
Sansiri trims launches, looks local
Business, Kanana Katharangsiporn, Published on 03/03/2020
» SET-listed developer Sansiri Plc is slowing launches by 10-20% to 18 projects worth a combined 24 billion baht this year as it bets on local customers while waiting for Chinese buyers to come back.
Chewathai expects condo glut from Chinese exodus
Business, Kanana Katharangsiporn, Published on 19/02/2020
» Competition in the condo market will escalate as a large supply booked by Chinese buyers will return to the market, says MAI-listed developer Chewathai Plc.