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Search Result for “bank account”

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PROPERTY

Construction, property shift tactics

Business, Kanana Katharangsiporn, Published on 07/04/2026

» The construction and property sectors are being forced to adjust strategies and build greater resilience to cope with volatile energy prices, as the Middle East conflict drives up both energy and construction material costs, according to Siam Commercial Bank Economic Intelligence Center (EIC).

PROPERTY

Developers scurry to secure prices

Business, Kanana Katharangsiporn, Published on 02/04/2026

» Residential developers are rushing to lock in construction material prices through upfront cash payments and bulk purchase agreements, while optimising logistics for cost efficiency ahead of further increases driven by surging oil prices.

PROPERTY

L.P.N. to buy B2bn of land for Bangkok condo development

Business, Kanana Katharangsiporn, Published on 25/03/2026

» SET-listed L.P.N. Development plans to spend 1-2 billion baht on new land acquisitions for condo development after freezing purchases for more than two years to clear inventory and refocus on the upper-affordable segment.

PROPERTY

Cautious developers to cut Bangkok housing launches

Kanana Katharangsiporn, Published on 16/03/2026

» New residential supply launched in Greater Bangkok this year is expected to continue to decline after hitting a multi-year low in 2025, as a large amount of inventory remains unsold and developers become more cautious about investment.

PROPERTY

The allure of the self-built home market

Kanana Katharangsiporn, Published on 14/03/2026

» Although the self-built home market is sizeable, with an annual value of up to 200 billion baht, residential developers had largely overlooked the segment until last year when a handful of large and mid-sized developers entered the fray.

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

Built To Build rules out price hikes despite soaring oil costs

Business, Kanana Katharangsiporn, Published on 12/03/2026

» Homebuilder Built To Build Group says it will freeze prices for contracted clients despite rising oil prices fuelled by war in the Middle East, expressing confidence the conflict will subside by the end of this month.

BUSINESS

Sugar tycoons branch into hotel investments

Business, Kanana Katharangsiporn, Published on 04/03/2026

» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.

BUSINESS

Property Perfect plans to sell land, inventory for liquidity

Business, Kanana Katharangsiporn, Published on 13/02/2026

» SET-listed developer Property Perfect has frozen new project launches this year and plans to offer land bank plots and properties worth a combined 4.8 billion baht for sale to strengthen liquidity.

PROPERTY

AssetWise to maintain focus on Phuket

Business, Kanana Katharangsiporn, Published on 09/02/2026

» SET-listed developer AssetWise expects its residential developments in Phuket to continue to lift presales and revenue this year after the island outperformed Greater Bangkok in 2025.