Showing 1 - 10 of 31
FPT shifts focus to low-rise inventory
Kanana Katharangsiporn, Published on 21/10/2023
» SET-listed Frasers Property Thailand (FPT) plans to revise its business plan for 2024 and launch only one low-rise condo project in the fourth quarter this year, focusing instead on its inventory of low-rise houses because of negative factors.
Frasers shifts strategy as competition intensifies
Kanana Katharangsiporn, Published on 20/07/2023
» Industrial estate developer Frasers Property Industrial (Thailand) will shift to more flexible business models and expand to smaller- and larger-scale projects to cope with growing demand and rising competition.
L.P.N. aiming for B1bn in profit annually
Business, Kanana Katharangsiporn, Published on 22/02/2023
» SET-listed developer L.P.N. Development Plc aims to attain 10 billion baht in revenue and 1 billion baht in net profit every year from now until 2026 after revenue fell to 5.6 billion baht in 2021 -- the lowest level in 15 years.
New condo supply set to reach 50,000 units
Business, Kanana Katharangsiporn, Published on 07/06/2022
» New condo supply launched in Greater Bangkok in 2022 is poised to reach 50,000 units, surpassing the level in 2020 and 2021 but still lower than before the pandemic due to several negative factors.
Developers require rejig to flatten prices
Business, Kanana Katharangsiporn, Published on 10/05/2022
» Residential developers should revise down unit sizes and adjust some features to keep housing prices flat, to accommodate sluggish purchasing power after prices were pushed up by higher costs caused by the impact of the Russia-Ukraine war.
CBD office occupancy rate decline set to persist
Business, Kanana Katharangsiporn, Published on 05/08/2021
» Following the extension to the lockdown until August, the office market slowdown will continue in the third quarter with a further decrease in occupancy rate, according to property consultant Edmund Tie & Co Thailand.
Developers take cautious approach
Business, Kanana Katharangsiporn, Published on 19/05/2021
» Property developers have become more careful in launching new residential project this year and are focusing on segments where demand is strong as the daily number of Covid-19 cases continues to escalate.
Hotels urged to take proactive role
Business, Kanana Katharangsiporn, Published on 12/02/2021
» Hoteliers should be more proactive, work harder, spot new markets and keep monitoring the situation to respond with timely strategies as recovery of the hospitality sector will take longer than expected.
Developers urged to revise space usage
Business, Kanana Katharangsiporn, Published on 11/12/2020
» Residential developers and office landlords should revise space design and use because there has been an abrupt shift in behaviour towards work among homebuyers and office tenants, says a property portal.
Back down to earth
Business, Kanana Katharangsiporn, Published on 30/10/2020
» Residential developers are accelerating business adjustment and new strategies to cope with a property market slowdown and an economic downturn due to the pandemic which is expected to last until next year.