Showing 1 - 10 of 10
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).
Scope poised to roll out B3bn condo project in Sukhumvit
Kanana Katharangsiporn, Published on 24/01/2024
» Luxury developer Scope Co plans to launch a new condo project, Scope Thonglor, worth 3 billion baht with only 18 units, each occupying an entire floor and priced from 200 million baht, aiming to achieve 1.65 billion baht in sales during the launch period.
Developers call for clearer environmental reports
Business, Kanana Katharangsiporn, Published on 01/11/2023
» Condo developers are urging environmental impact assessment (EIA) reports to be reviewed based on clear standards, aiming to reduce subjective judgements because a delayed assessment process increases development costs.
CPanel sees prospects for precast concrete
Business, Kanana Katharangsiporn, Published on 25/08/2023
» The new government's pledge to increase the daily minimum wage to 600 baht as well as the Ashton Asoke case should help the already robust precast concrete industry, according to MAI-listed precast concrete producer CPanel.
Chewathai finds comfort zone with reworked plan
Business, Kanana Katharangsiporn, Published on 22/10/2022
» MAI-listed developer Chewathai plans to resume land purchases, scale down the size of new projects and start new property-related ventures as it wrangles with the land and building tax and China's strict zero-Covid policy.
B4bn Naam Hotel awaiting EIA green light
Business, Kanana Katharangsiporn, Published on 05/07/2022
» Development of the new six-star Naam Hotel is underway as the Tangsin family awaits environmental approval to build the 4-billion-baht riverside project next to its existing Ramada Plaza by Wyndham Bangkok Menam Riverside.
Soi Yen Akat project faces complaint
Business, Kanana Katharangsiporn, Published on 06/08/2021
» Last Friday's court verdict on the Ashton Asoke case has ignited a similar complaint against another condo project on Soi Yen Akat in Yannawa district, with a request to suspend the construction permit issuance.
All Inspire moving forward with launches
Business, Kanana Katharangsiporn, Published on 13/06/2020
» MAI-listed All Inspire Development is confident that measures in Thailand to cope with the coronavirus are sufficient, and it plans to launch four projects worth a combined 4 billion baht in the fourth quarter.
MQDC's Forestias gets nod
Business, Kanana Katharangsiporn, Published on 22/01/2020
» Magnolia Quality Development Corporation Ltd (MQDC) is preparing to break ground on The Forestias, a 125-billion-baht mixed-use development on Bang Na-Trat Road, in March after being approved on environmental impact assessment (EIA) reports.
QH delays projects on weak market
Business, Kanana Katharangsiporn, Published on 01/08/2018
» SET-listed developer Quality Houses Plc (QH) has postponed the launch of three condo projects previously planned for 2018 to next year, due to oversupply and high land prices.