Showing 1 - 10 of 12
Wary developers weigh down land price index
Business, Kanana Katharangsiporn, Published on 13/02/2025
» The year-on-year increase in the land price index in Greater Bangkok in the fourth quarter of 2024 slowed to 1.8%, close to the historic low of 1.7% recorded in the fourth quarter of 2021, mainly due to tepid investment among developers.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
C.P. Land revenue set to grow 42% this year
Business, Kanana Katharangsiporn, Published on 06/09/2022
» C.P. Land Plc, a property arm of Charoen Pokphand Group, expects revenue to grow by 42% to 2.7 billion baht this year, with the hotel business a key driver amid the resumption of tourism.
Divestments hit price growth
Business, Kanana Katharangsiporn, Published on 07/09/2021
» The land price index in Greater Bangkok has seen slow growth as land transactions dropped after some landlords divested their plots to minimise the impact of the pandemic on their core business.
NVD divests two plots as it seeks to heal balance sheet
Business, Kanana Katharangsiporn, Published on 21/08/2021
» SET-listed developer Nirvana Daii (NVD) divested two plots of land to repair its balance sheet as the pandemic stunted presales, transfers and revenue in residential development.
EEC residential transfers likely to deflate
Business, Kanana Katharangsiporn, Published on 17/04/2020
» With the virus staggering global and domestic economies, the residential market in Chon Buri, Rayong and Chachoengsao will shrink again this year after a recovery in 2019, according to the Real Estate Information Center (REIC).
Slower growth in metro condo prices continues
Kanana Katharangsiporn, Published on 10/01/2020
» Growth in the condo price index for Greater Bangkok slowed for a third straight period in the fourth quarter of 2019 as developers capped prices amid a sluggish market.
CP Land closes in on Chinese industrial estate deal
Business, Kanana Katharangsiporn, Published on 16/11/2019
» CP Land, the property arm of Charoen Pokphand Group, is scheduled to sign a contract with a Chinese contractor next month to build the main infrastructure and utilities at the company's CPGC industrial estate in Rayong.
CP Land in B4bn hotel campaign
Business, Kanana Katharangsiporn, Published on 31/08/2019
» CP Land Plc, the property arm of Charoen Pokphand Group, will spend 4 billion baht to double the number of its hotels to 25 in the three years, as well as 2 billion baht to develop infrastructure and utilities at an industrial estate in Rayong.
REIC: Residential purchases to reduce speed
Business, Kanana Katharangsiporn, Published on 03/01/2019
» Residential developers should be more cautious with new supply launches in Greater Bangkok in 2019 as the absorption rate declines, leading the number of unsold units to exceed the five-year average, says the Real Estate Information Center (REIC).