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PROPERTY

Developers look to shareholders for loans

Kanana Katharangsiporn, Published on 05/08/2024

» Listed residential developers have sought to retain and raise cash by avoiding new costs, borrowing short-term loans from major shareholders, and selling assets to mitigate risks amid difficulties in the financial market and limited mortgage loan approvals.

PROPERTY

Pruksa urges income boost for residents

Business, Kanana Katharangsiporn, Published on 16/08/2023

» The new government should enhance people's income to make home purchases more accessible, though property measures may be unnecessary, says SET-listed developer Pruksa Holding.

PROPERTY

Pruksa bids to hit 2022 target of 31 projects worth B16.3bn

Business, Kanana Katharangsiporn, Published on 18/05/2022

» Despite a delay in new project launches in the first quarter of this year, SET-listed developer Pruksa Holding Plc is maintaining the number of new projects being launched in 2022 at 31 sites worth 16.3 billion baht.

BUSINESS

March-May fairs postponed

Business, Kanana Katharangsiporn, Published on 18/03/2020

» Three property-related fairs scheduled for March-May 2020 will either be postponed or held online due to the pandemic.

BUSINESS

Raimon Land chief denies back-door listing allegations

Business, Kanana Katharangsiporn, Published on 22/08/2018

» The 2.5-billion-baht acquisition of two land plots and unsold condo units from KPN Land Co, a property arm owned by the Narongdej family, is not a back-door listing by the family, insists Adrian Lee, chief executive of SET-listed developer Raimon Land Plc (RML).

BUSINESS

Raimon Land adds two plots

Business, Kanana Katharangsiporn, Published on 17/08/2018

» SET-listed developer Raimon Land Plc (RML) will have at least seven prime land plots worth more than 10 billion baht combined for future development of luxury condominiums after the company's board agreed to acquire two plots on Sukhumvit Road from KPN Land Co.