Showing 1 - 10 of 30
Developers' Q1 profits plunge to decade-low
Business, Kanana Katharangsiporn, Published on 04/06/2025
» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.
Central Pattana preps nine new projects worth B16bn
Business, Kanana Katharangsiporn, Published on 29/05/2025
» SET-listed developer Central Pattana (CPN) is planning to launch nine new residential projects worth a combined 16 billion baht, including a luxury single-detached house project in Krabi where it expects to open a new shopping mall in October.
Mortgage rejection rates expected to remain high
Business, Kanana Katharangsiporn, Published on 10/04/2025
» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.
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.
A closer look at Phuket's boom
Kanana Katharangsiporn, Published on 04/11/2024
» The Phuket property market is expected to prolong its growth after posting another record high this year.
Developers call for clearer environmental reports
Business, Kanana Katharangsiporn, Published on 01/11/2023
» Condo developers are urging environmental impact assessment (EIA) reports to be reviewed based on clear standards, aiming to reduce subjective judgements because a delayed assessment process increases development costs.
CPN readies 50 residential developments
Business, Kanana Katharangsiporn, Published on 15/09/2023
» SET-listed developer Central Pattana (CPN) has prepared land plots for 50 residential developments to launch from 2024 to 2026, aiming to generate a combined revenue of 24 billion baht in those years.
A relationship built on trust
Business, Kanana Katharangsiporn, Published on 02/09/2023
» Japanese property firm Mitsubishi Estate is committed to continue its investments in Thailand, demonstrating its confidence in its partner AP Thailand Plc and the local market.
Residential property set to rebound in Q4
Kanana Katharangsiporn, Published on 28/08/2023
» The residential market, which slowed in the first seven months because of an uncertain global economy, concerns over defaults on bond payments and a condo case, is projected to rebound in the fourth quarter driven by international buyers, says a developer.
CPanel sees prospects for precast concrete
Business, Kanana Katharangsiporn, Published on 25/08/2023
» The new government's pledge to increase the daily minimum wage to 600 baht as well as the Ashton Asoke case should help the already robust precast concrete industry, according to MAI-listed precast concrete producer CPanel.