Showing 1 - 10 of 31
Developers suffer in Q1 amid stagnant economy
Business, Kanana Katharangsiporn, Published on 22/05/2025
» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.
Survival strategy of developers
Kanana Katharangsiporn, Published on 31/03/2025
» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.
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.
Mass transit propels Bangkok vacant land prices
Business, Kanana Katharangsiporn, Published on 22/11/2024
» Mass transit has lifted the price index of vacant land in Greater Bangkok, signalling a recovery in the property market, with further price increases anticipated in 2025, according to the Real Estate Information Center (REIC).
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.
Entertainment complex entices Proud Group
Kanana Katharangsiporn, Published on 04/11/2024
» Property developer Proud Group is interested in entertainment complexes via partnerships with investors who obtain licences and want to include a theme or water park as a feature of their projects.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Bangkok land price index surges in Q1
Business, Kanana Katharangsiporn, Published on 09/05/2023
» The land price index in Greater Bangkok rose in the first quarter of 2023 with a double-digit increase, driven by land price hikes on the outskirts of the capital.
Land prices surge amid urban growth
Business, Kanana Katharangsiporn, Published on 03/02/2023
» Infrastructure, including a new expressway, along with urbanisation driven by mass transit expansion and market competition pushed Bangkok land prices up by as much as 75% in recent years.