Showing 1 - 10 of 20
Foreigners picked to buoy property market
Business, Kanana Katharangsiporn, Published on 08/03/2023
» Despite the economic recovery, the property market this year may depend heavily on foreign demand as negative factors still affect domestic buyers, according to economists and property analysts.
Aliyah preps super-luxury projects
Business, Kanana Katharangsiporn, Published on 20/10/2022
» The Singaporean Lee brothers, former major shareholders of Raimon Land, are continuing in the Thai property business by launching six super-luxury single detached houses priced from 218 million baht on Phatthanakan Soi 32.
Trust to focus on real estate
Business, Kanana Katharangsiporn, Published on 07/09/2022
» Luxury property developer K.E. Group and a former major shareholder of Raimon Land have set up a private equity fund with an initial investment of 2 billion baht to co-invest in existing property projects whose developers are in need of liquidity or who want to cash out.
NVD, KE co-invest in high-end project
Business, Kanana Katharangsiporn, Published on 16/03/2022
» SET-listed developer Nirvana Daii (NVD) has co-invested with KE Group to develop a high-end housing project worth 2.6 billion baht on New Krungthep Kritha Road, with former chief operating officer of Raimon Land, Adrian Lee, joining the development.
Raimon Land rejigs investment plan
Business, Kanana Katharangsiporn, Published on 22/12/2020
» Following a change in its major shareholders three months ago, SET-listed developer Raimon Land Plc (RML) has revised its plans, revoking an in-vitro fertilisation (IVF) venture and selling a land plot on Sukhumvit Soi 19 that had been earmarked for a new hotel development.
Angel diversifies eastward with B3bn land sales target
Business, Kanana Katharangsiporn, Published on 30/09/2020
» A sharp contraction in the condo market has led Angel Real Estate Consultancy to diversify into industrial estates in eastern provinces, aiming to close land sales worth 3 billion baht by year-end.
Office redux
Business, Kanana Katharangsiporn, Published on 22/06/2020
» Despite the coronavirus igniting the trend of remote working, analysts see minimal impact on office properties, saying the market can withstand the pandemic with more stringent safety and hygiene standards.
Raimon Land cuts revenue target, postpones projects
Business, Kanana Katharangsiporn, Published on 27/05/2020
» SET-listed developer Raimon Land Plc has revised down its 2020 revenue target by 25-35%, postponed the opening of Hotel Kitch from June to the end of the year and delayed the launch of a new condo project until 2021.
Calls for longer condo transfers for Chinese
Business, Kanana Katharangsiporn, Published on 21/02/2020
» Condo developers should extend the transfer period for Chinese buyers to avoid amplifying the glut, according to property brokerage Angel Real Estate Consultancy Co.
RML allots B10bn to grow portfolio
Business, Kanana Katharangsiporn, Published on 05/11/2019
» SET-listed developer Raimon Land Plc (RML) plans to spend 10 billion baht a year to develop hotel, mixed-use and commercial projects to boost its recurring income from 12% to 50% over the next five years.