Showing 1 - 9 of 9
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.
UHG to invest B3.1bn to develop two new hotels
Business, Kanana Katharangsiporn, Published on 07/10/2023
» Hotel and office developer UHG plans to invest 3.1 billion baht to develop two new hotels in the Ramkhamhaeng and Phaya Thai areas to capitalise on the potential of these locations and meet high demand from its hotels nearby.
Covid hits rental, spurs website
Business, Kanana Katharangsiporn, Published on 26/05/2021
» The recent Covid-19 wave blew away rental residential demand in some cluster locations but boosted a growth of 50% for a website for purchase and rental, according to property portal website DDproperty.com.
Condo discounts continue into Q1
Business, Kanana Katharangsiporn, Published on 06/01/2021
» Discounts on condo prices should continue into the first quarter of 2021 as developers want to drain unsold inventory as much as possible, says a property website.
A new mindset for survival in times of crisis
Business, Kanana Katharangsiporn, Published on 09/05/2020
» The core values and goal that AP Thailand chief executive Anuphong Assavabhokhin embraced three years ago, including an outward mindset and design thinking, should help the property developer survive the coronavirus crisis.
Grande Asset clips 2020 hotel revenue
Business, Kanana Katharangsiporn, Published on 18/02/2020
» As the Covid-19 virus outbreak hits the tourism sector, SET-listed Grande Asset Hotels & Property Plc expects hotel revenue to deflate this year, while MBK Plc is set to revise its outlook.
Siam Motors to build offices, golf course
Business, Kanana Katharangsiporn, Published on 23/01/2020
» Siam Motors Group, owned by the Phornprapha family, plans to invest more than 4 billion baht to develop a Grade A office tower near Siam skytrain station and an 18-hole golf course on Bang Na-Trat Road.
Sukhumvit still popular with buyers
Business, Kanana Katharangsiporn, Published on 09/05/2018
» Despite a large condominium supply, the Sukhumvit area remains attractive to buyers, capturing a sales rate of about 70% as of the first quarter of this year, property consultant CBRE Thailand says.
Pruksa rolls out projects in phases to reduce risk
Business, Kanana Katharangsiporn, Published on 12/01/2018
» Despite steady growth in a luxury condo market dominated by large developers, Pruksa Real Estate Plc, a property development subsidiary of SET-listed Pruksa Holding Plc (PSH), is opting for a cautious strategy by launching new high-priced projects in phases to reduce risk and avoid oversupply.