Showing 1 - 10 of 31
Ascott targets Thailand as travel market transforms
Business, Kanana Katharangsiporn, Published on 07/07/2025
» The Ascott Ltd, a Singapore-based serviced residence and hotel operator, is focusing on Thailand as shifting travel patterns and evolving guest expectations reshape the hospitality landscape.
Nye Estate unveils 2 high-end projects
Kanana Katharangsiporn, Published on 12/05/2025
» Property developer Nye Estate Co, a subsidiary of Narai Property, plans to launch two new high-end housing projects worth a combined 1.4 billion baht despite the unfavourable economy, banking on strong demand in the segment and the company's solid financial position.
Major focuses on existing projects
Business, Kanana Katharangsiporn, Published on 25/01/2025
» SET-listed Major Development (MJD) plans to carefully assess market conditions and homebuyer sentiment before launching any new projects this year, focusing on existing developments, particularly those near schools with strong demand.
Condo market subdued in Q4
Business, Kanana Katharangsiporn, Published on 28/12/2024
» Developers should focus on strategies to reduce risks and drain unsold units priced at 1-3 million baht in the condo market, which faces challenges from weakened purchasing power and stricter lending conditions, threatening market stability.
Vimarn unfazed by rising rates
Kanana Katharangsiporn, Published on 09/10/2024
» Vimarn Suriya Co, the developer of the luxury mixed-use Dusit Central Park project, is not concerned by rising interest rates and the strong baht, as its branded residential project primarily targets affluent Thai buyers.
Caution urged for Pattaya developers amid fears of a glut
Business, Kanana Katharangsiporn, Published on 07/05/2024
» Despite strong sales last year, Pattaya developers need to exercise caution before launching new condos to avoid an oversupply, as new launches in the market are projected to grow 50% to 5,000 units in 2024, according to property consultant Colliers Thailand.
Habitat Group, ECG jointly invest in condo project
Business, Kanana Katharangsiporn, Published on 27/09/2023
» Property developer Habitat Group and Thai private equity firm ECG Venture Capital are jointly investing in the development of a luxury condo project worth 3.5 billion baht in Pattaya, with the aim of tapping strong demand among foreign buyers.
Priorities revealed in latest Terra survey
Business, Kanana Katharangsiporn, Published on 09/12/2022
» A smart security system, after-sales service and a good neighborhood are the top three requirements consumers consider when buying a residential unit, according to property research and consultancy Terra Media and Consulting.
Kanda looks to diversify for growth
Business, Kanana Katharangsiporn, Published on 29/06/2022
» Low-rise housing developer Kanda Property Co will diversify to condo, hotel and wellness in the next few years and plans to launch six new projects worth a combined 4.7 billion baht in 2022, aiming for a growth of 10% in presales and revenue.
Vimarn Suriya looks to Saudi market
Business, Kanana Katharangsiporn, Published on 09/03/2022
» Vimarn Suriya Co, the developer of the luxury mixed-use project Dusit Central Park, wants to tap potential buyers in Saudi Arabia through roadshows in the Middle East before the summer holiday.