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Search Result for “Contractor”

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PROPERTY

Noble keen to maintain its asset-light strategy

Business, Kanana Katharangsiporn, Published on 13/03/2026

» SET-listed Noble Development plans to maintain its asset-light strategy by seeking partners for joint ventures in new projects and investors to purchase rental condo units, a business it launched late last year.

PROPERTY

Aira Capital banking on leasehold developments

Business, Kanana Katharangsiporn, Published on 25/02/2026

» MAI-listed Aira Capital Group continues to focus on property investment on leasehold land, with plans to invest 2.3 billion baht to develop the DoubleTree by Hilton Bangkok Silom hotel, as well as 1 billion baht for a wellness residential project in a tourist destination.

BUSINESS

Stecon keen to capture data centre frenzy

Business, Kanana Katharangsiporn, Published on 02/12/2025

» SET-listed contractor Stecon Group is capitalising on strong growth in the data centre sector, expanding via investments, construction, water management and renewable energy.

PROPERTY

SCX allots B2bn for second Pattaya hotel

Business, Kanana Katharangsiporn, Published on 22/10/2025

» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.

PROPERTY

Stecon ventures into property development

Business, Kanana Katharangsiporn, Published on 01/10/2025

» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.

BUSINESS

SCX's 2 new hotels to generate B900m

Business, Kanana Katharangsiporn, Published on 18/09/2025

» SET-listed developer SC Asset Corporation's subsidiary SCX Corporation, which manages its recurring-income assets, plans to open two new hotels in Bangkok and Pattaya over the next five weeks, targeting 900 million baht in revenue in 2026.

PROPERTY

Condo buyers switch priorities post-quake

Business, Kanana Katharangsiporn, Published on 26/06/2025

» Since the March 28 earthquake, construction standards and developer accountability have become the top priorities among homebuyers, with prospective condo buyers wishing to establish whether a potential home is able to stand up to a quake while seeking to identify the contractor.

BUSINESS

Quelling the tremors of March 28

Business, Kanana Katharangsiporn, Published on 07/06/2025

» The earthquake that struck Myanmar on March 28 sent tremors through many high-rise buildings in Bangkok, shaking not just the structures but also buyer confidence, if only briefly.

PROPERTY

Contractors warned of looming private sector hazards

Business, Kanana Katharangsiporn, Published on 28/04/2025

» SET-listed contractors heavily reliant on private sector construction may face challenges next year due to the economic slowdown, while those focused on public projects will likely benefit from reduced competition, according to Kasikorn Securities.

PROPERTY

Call for free insurance to restore condo confidence

Business, Kanana Katharangsiporn, Published on 24/04/2025

» Condo developers should offer free insurance for unsold inventory or units scheduled for transfer to restore buyer confidence and lift revenue, as the earthquake last month shook consumer trust, according to property analysts.