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Search Result for “losses”

Showing 1 - 10 of 15

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

Raimon Land steps up sale of major holdings

Business, Kanana Katharangsiporn, Published on 03/12/2025

» SET-listed developer Raimon Land (RML) is accelerating the sale of major assets, including its 8.4-billion-baht stake in the One City Centre (OCC) office tower, as part of efforts to enhance liquidity in the first quarter of 2026.

BUSINESS

Examining the crux of the credit crunch

Business, Kanana Katharangsiporn, Published on 18/10/2025

» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.

PROPERTY

Rabbit looks to return to profit amid divestment

Business, Kanana Katharangsiporn, Published on 10/09/2025

» SET-listed Rabbit Holdings, a financial services and real estate subsidiary of BTS Group Holdings, expects to return to profit by year-end as part of its divestment plan.

PROPERTY

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.

PROPERTY

Office tower sale to help get Raimon back in the black

Business, Kanana Katharangsiporn, Published on 17/10/2024

» SET-listed developer Raimon Land (RML) is anticipating a return to profit next year, driven by the sale of an office tower on Phloenchit Road valued at 14.8 billion baht and the launch of super-luxury houses priced from 880 million baht.

PROPERTY

Ananda readies seven projects worth B18.6bn

Business, Kanana Katharangsiporn, Published on 12/03/2024

» Despite carrying unsold condo units ready to transfer worth a total of 33 billion baht, SET-listed Ananda Development is planning to launch seven new projects worth a combined 18.6 billion baht this year.

PROPERTY

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.

BUSINESS

Ensuring everyone is on the same page

Business, Kanana Katharangsiporn, Published on 04/09/2021

» SET-listed Frasers Property Thailand (FPT), a property arm owned by the Sirivadhanabhakdi family, continues to build a team under "one platform" after the latest merger of industrial, commercial and housing property development businesses last year.

BUSINESS

Quasi-lockdown in capital to cost B140bn

Business, Kanana Katharangsiporn, Published on 29/06/2021

» The 30-day temporary lockdown of all construction sites and worker camps in Greater Bangkok will cost 140 billion baht and have a ripple effect across all supply chains in the construction and property sector with unpredictable losses.