Showing 1 - 9 of 9
AssetWise keen on projects in Pattaya
Kanana Katharangsiporn, Published on 16/12/2024
» SET-listed developer AssetWise plans to launch 1-2 projects annually in Pattaya, with a combined value of 2 billion baht, aiming to capitalise on strong demand from diverse buyer segments, particularly foreigners.
Foreigners drive Phuket condo segment
Business, Kanana Katharangsiporn, Published on 11/12/2024
» Strong demand from foreign buyers continues to draw Bangkok-based developers to Phuket's condo market as they seek diversification from weak local demand.
Property Perfect chops presales, revenue outlook
Kanana Katharangsiporn, Published on 27/11/2024
» SET-listed developer Property Perfect halved its 2024 presales target to 8.2 billion baht and cut its revenue projection by 20% to 8.8 billion baht, marking the second revision this year, as it plans to sell riverside hotel Royal Orchid Sheraton for 6 billion baht next year.
Pruksa slashes targets amid slump
Kanana Katharangsiporn, Published on 18/11/2024
» SET-listed developer Pruksa Holding has reduced its goals for new project launches, presales and revenue for its residential development business to cope with a significant market contraction in the third quarter.
MTL co-invests in senior living developer, service provider
Business, Kanana Katharangsiporn, Published on 13/11/2024
» Muang Thai Life Assurance Plc (MTL) has co-invested in Naya Residence and LivWell Living, a developer and service provider of senior living properties, to expand its portfolio and capitalise on Thailand's transition into a super-aged society.
UHG bags Ekkamai plot for mid-tier hotel
Business, Kanana Katharangsiporn, Published on 12/11/2024
» Commercial property developer UHG continues its acquisition of prime plots of land, leasing a one-rai site on Soi Ekkamai currently occupied by an apartment complex in order to invest 600 million baht in the development of a mid-tier hotel, prompted by enforcement of the land and building tax.
Housing market unmoved by rate cut
Kanana Katharangsiporn, Published on 06/11/2024
» The recent 0.25-percentage-point cut in interest rates is unlikely to have an immediate effect on the housing market as the reduction is too modest to generate a significant impact, according to SET-listed developer Sena Development.
Phuket posts over 10% rental yield
Kanana Katharangsiporn, Published on 30/10/2024
» The rental residential market in Phuket has generated an annual yield of more than 10% this year, driven by the ongoing tourism and property boom, which has fuelled high demand for short- and long-term rental properties in prime areas.
Colliers touts Thailand's data centre investment potential
Kanana Katharangsiporn, Published on 23/10/2024
» Thailand's data centre investment has the potential to grow 15%, giving it the third-largest industry in Southeast Asia, if the government provides more attractive incentives and enhances infrastructure.