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Search Result for “official told”

Showing 1 - 10 of 27

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

No condo market recovery until 2027

Kanana Katharangsiporn, Published on 14/10/2025

» The Bangkok condo market is expected to rebound in 2027, as sluggish conditions are likely to persist through next year and the expected general election, according to property consultancy Cushman & Wakefield Thailand.

PROPERTY

Noble investor to take control

Business, Kanana Katharangsiporn, Published on 11/09/2025

» The co-chief executive of SET-listed Noble Development, currently its second-largest shareholder, is set to become its largest shareholder, with restructuring expected to be completed by mid-2026 as part of the company's transition plans.

PROPERTY

Sena Development maintains B10bn annual transfer target

Business, Kanana Katharangsiporn, Published on 26/08/2025

» SET-listed developer Sena Development is maintaining its annual transfer target of 10 billion baht, despite recording only 22% of the target in the first half, as it is still confident in seeing an uptick in transfers in the latter half of the year.

BUSINESS

Major focuses on existing projects

Business, Kanana Katharangsiporn, Published on 25/01/2025

» SET-listed Major Development (MJD) plans to carefully assess market conditions and homebuyer sentiment before launching any new projects this year, focusing on existing developments, particularly those near schools with strong demand.

PROPERTY

Bangkok office blocks told to upgrade 'to survive'

Business, Kanana Katharangsiporn, Published on 02/04/2024

» Older office buildings in Bangkok should accelerate their upgrades as existing tenants are relocating to new prime towers, widening the gap in rents, says property consultant Jones Lang LaSalle (Thailand) (JLL).

PROPERTY

Developers project 10% residential gain

Business, Kanana Katharangsiporn, Published on 22/03/2024

» The residential market this year is expected to grow by 10%, even though eased loan-to-value (LTV) limits were not approved, and interest rates might not decrease soon, according to property developers.

BUSINESS

A relationship built on trust

Business, Kanana Katharangsiporn, Published on 02/09/2023

» Japanese property firm Mitsubishi Estate is committed to continue its investments in Thailand, demonstrating its confidence in its partner AP Thailand Plc and the local market.

PROPERTY

Ashton Asoke condo move raises eyebrows

Business, Kanana Katharangsiporn, Published on 02/08/2023

» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.

PROPERTY

Ananda eyes China for condo customers

Business, Kanana Katharangsiporn, Published on 14/02/2023

» SET-listed developer Ananda Development Plc will launch only two new projects worth 14.6 billion baht this year, in order to focus on unsold, ready-to-move-in condos worth a total of 29 billion baht which could capitalise on the resumption of Chinese buyers.