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SUSTAINABILITY

Bangkok office landscape at critical juncture

Business, Kanana Katharangsiporn, Published on 12/01/2026

» As Bangkok's prime districts experience a surge in premium Grade A towers, older office buildings face a "lease or die" ultimatum.

PROPERTY

CPN allots B1bn to enlarge Phuket mall

Kanana Katharangsiporn, Published on 02/12/2024

» Retail and property developer Central Pattana Plc (CPN) has earmarked 1 billion baht to expand Central Phuket's Floresta Zone with an additional 20,000 square metres for luxury brands catering to high-end customers, 70% of whom are foreigners.

BUSINESS

Looking for a place to hang your hat

Business, Kanana Katharangsiporn, Published on 09/12/2023

» Rental residential developer Homa is planning to spend 10 billion baht to build or acquire 5,000 rental units in Thailand, Indonesia, Vietnam and the Philippines over the next five years to capitalise on the trend among younger generations of consumers who prefer renting to owning a property.

PROPERTY

MQDC sets aside B400m for mall

Kanana Katharangsiporn, Published on 22/08/2023

» Property developer Magnolia Quality Development Corporation (MQDC) will invest 400 million baht to develop a community mall for creators within a mixed-use project — Cloud 11 — in collaboration with the operator of the Commons Thonglor.

PROPERTY

Pruksa revises business strategy

Business, Kanana Katharangsiporn, Published on 25/02/2023

» SET-listed developer Pruksa Holding has revised its business strategy to integrate residential development with healthcare and e-commerce, aiming to increase the revenue proportion from recurring income to 25% by 2028, more than triple the current figure.

PROPERTY

PSH to rejig precast business via transfer

Business, Kanana Katharangsiporn, Published on 17/01/2023

» SET-listed developer Pruksa Holding Plc (PSH) will dilute its shares in the precast business through a share swap with General Engineering Plc (GEL) and will co-invest in logistics with Singaporean real estate firm Capitaland and Taiwan developer Ally Logistics Property to boost recurring income.

PROPERTY

Pruksa expects to reach presales, revenue targets

Business, Kanana Katharangsiporn, Published on 12/08/2022

» Despite recording just one-third of its annual target in the first half, SET-listed developer Pruksa Holding Plc (PSH) maintained its 2022 presales and revenue goals of 31 and 33 billion baht, respectively, as it has confidence in its strategies and residential demand in the second half.

PROPERTY

MQDC looks to innovation and R&D

Business, Kanana Katharangsiporn, Published on 04/07/2022

» Property developer Magnolia Quality Development Corporation Ltd (MQDC) intends to focus on innovation and R&D for future developments, which will be mainly theme and mixed-use projects.

BUSINESS

Ten disruptive property trends emerge

Business, Kanana Katharangsiporn, Published on 14/10/2021

» Covid-19 has catalysed and accelerated a great disruption in the property market which was expected to take place over the next five to 10 years, but will now arrive sooner.

BUSINESS

Phuket developer touts guaranteed yield strategy

Business, Kanana Katharangsiporn, Published on 05/04/2021

» PHUKET: With the pandemic ravaging the tourism industry and slowing the property market on the islands, a local developer is pivoting to a guaranteed yield strategy, aiming to sell to buyers and rent to uncertain workers.