Showing 1 - 10 of 16
Luxury houses still top Bangkok's real estate sales charts
Kanana Katharangsiporn, Published on 23/12/2024
» Luxury single detached houses continued to be the best-selling segment in Greater Bangkok this year, despite a significant amount of new supply launched over the past two years, which reached a peak in 2023.
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.
CPN allots B1bn to enlarge Phuket mall
Kanana Katharangsiporn, Published on 02/12/2024
» Retail and property developer Central Pattana Plc (CPN) has earmarked 1 billion baht to expand Central Phuket's Floresta Zone with an additional 20,000 square metres for luxury brands catering to high-end customers, 70% of whom are foreigners.
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.
Projected growth seen boosting housing demand next year
Business, Kanana Katharangsiporn, Published on 19/11/2024
» The projected economic growth for 2025, along with measures to address household debt, support for vulnerable groups and an anticipated increase in foreign arrivals, are expected to boost housing demand after an estimated 4.4% decline in 2024.
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.