Showing 1 - 10 of 33
Lalin targets 5% growth in presales, revenue
Business, Kanana Katharangsiporn, Published on 12/02/2026
» SET-listed mid-sized developer Lalin Property is targeting 5% growth in presales and revenue in 2026, banking on the new government to help stimulate the economy.
Charn Issara recommends government stimulus push
Kanana Katharangsiporn, Published on 20/06/2025
» The luxury segment is the lone bright spot in the Thai property market, driven by foreign demand as local buyers continue to wait for the government to revive the economy, such as through the proposed Kra Canal project, according to SET-listed developer Charn Issara Development.
UHG to sink B1.5bn into hotel expansion
Business, Kanana Katharangsiporn, Published on 09/05/2025
» Commercial property developer UHG plans to invest 1.5 billion baht to expand its hotel portfolio in fringe areas of Bangkok and convert office space on Lat Phrao Soi 4 into hotel rooms, capitalising on tourism and escaping the oversupplied office market.
Survival strategy of developers
Kanana Katharangsiporn, Published on 31/03/2025
» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.
Dusit Thani to develop B2bn Hua Hin branded residence
Business, Kanana Katharangsiporn, Published on 20/03/2025
» SET-listed hospitality firm Dusit Thani is developing 114 rai of land in Hua Hin, home to the Dusit Thani Hua Hin hotel, for a branded residence with 96 units worth 2 billion baht, offered under a 60-year leasehold agreement.
Sansiri looks to upper-end segment
Business, Kanana Katharangsiporn, Published on 06/02/2025
» SET-listed developer Sansiri plans to launch 29 projects worth a combined 52 billion baht, fewer than last year but a higher value, as it shifts focus to the upper-end segment, targeting a 6% increase in presales to 53 billion baht.
ESR industry investments to top $1bn
Business, Kanana Katharangsiporn, Published on 04/02/2025
» ESR (Thailand), a joint venture between the Hong Kong-based ESR Group and Thai developer Asia Industrial Estate, is expected to exceed its initial investment budget of US$1 billion for 2023–2027 due to strong demand in the industrial sector.
Property Perfect chops presales, revenue outlook
Kanana Katharangsiporn, Published on 27/11/2024
» SET-listed developer Property Perfect halved its 2024 presales target to 8.2 billion baht and cut its revenue projection by 20% to 8.8 billion baht, marking the second revision this year, as it plans to sell riverside hotel Royal Orchid Sheraton for 6 billion baht next year.
CPN preps B2bn for 5 malls, renovations
Business, Kanana Katharangsiporn, Published on 08/11/2024
» Retail and property developer Central Pattana Plc (CPN) is planning to spend 2 billion baht on five new community malls and the renovation of 15 existing malls during 2025-2029 to capitalise on evolving consumer behaviours.
Land & Houses aiming to launch 11 projects
Kanana Katharangsiporn, Published on 17/01/2024
» SET-listed Land & Houses plans to launch 11 new residential projects worth a combined 30.2 billion baht, all of which are low-rise houses with most in the upper-end segment as condo supply remains plentiful.