Showing 1 - 10 of 17
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.
LH slashes new projects as economy slows
Kanana Katharangsiporn, Published on 23/01/2025
» SET-listed developer Land & Houses (LH) will launch just four new projects worth 11.1 billion baht, the lowest level in more than two decades, due to the ongoing economic slowdown and ample existing inventory.
Buyers without borders
Kanana Katharangsiporn, Published on 01/07/2024
» The cabinet last month resurrected the controversial issue of offering more welcoming residential property measures for foreign buyers.
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.
Reignwood set to plough B60bn into luxury project
Kanana Katharangsiporn, Published on 30/11/2023
» Reignwood Group, a property firm owned by Chinese-Thai businessman Chanchai Ruayrungruang, plans to invest more than 60 billion baht to develop Reignwood Park in Pathum Thani as the largest luxury mixed-use project in Southeast Asia.
Rate hike would likely hurt housing market
Business, Kanana Katharangsiporn, Published on 26/09/2023
» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.
Developers focus on more US rate hikes
Business, Kanana Katharangsiporn, Published on 14/03/2023
» Developers are more worried about the impact on the housing market of future interest rate hikes by the US Federal Reserve than they are about the sudden collapse of Silicon Valley Bank (SVB).
Land & Houses to invest B9bn in 2023
Business, Kanana Katharangsiporn, Published on 13/01/2023
» SET-listed developer Land & Houses plans to spend 9 billion baht on the property business this year, with one-third going to three hotels as the economy and tourism sector are recovering.
BDMS unit adds 2nd Samui branch amid wellness boom
Business, Kanana Katharangsiporn, Published on 25/07/2022
» BDMS Wellness Clinic, a subsidiary of Bangkok Dusit Medical Services Plc, has launched a second branch at its Celes Samui resort to capitalise on the growth of wellness tourism, which is expanding by more than 20% per year.
Move to leverage Singha Estate's synergies
Business, Kanana Katharangsiporn, Published on 31/03/2021
» SET-listed Singha Estate Plc (S) is moving into the power plant business to leverage synergies with its commercial property, residential property and resorts and hotels businesses amid an increasingly unpredictable local and global business environment.