Showing 1 - 10 of 15
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.
Survival strategy of developers
Kanana Katharangsiporn, Published on 31/03/2025
» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.
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.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Phuket seeks to shift from tourism to new revenue areas
Business, Kanana Katharangsiporn, Published on 23/09/2022
» Businesses in Phuket want to pivot the province to gastronomy, international education, marinas, medical services, meetings and conventions, sports, smart city development and tuna exports to reduce dependency on the tourism sector after it was severely hit by the pandemic.
Korat registers rapid rebound
Business, Kanana Katharangsiporn, Published on 07/04/2022
» After the pandemic slowdown hit the economy in 2020, the residential market in Nakhon Ratchasima is recovering, driven by strong demand from those working for industrial estates, according to property developers.
Bangkok land price index edges up in Q3
Business, Kanana Katharangsiporn, Published on 25/10/2021
» Despite the escalating trend, the increase in the land price index in Greater Bangkok in the third quarter remained lower than the five-year average during the pre-Covid period, according to the Real Estate Information Center (REIC).
Land prices along Green, Pink lines hike
Business, Kanana Katharangsiporn, Published on 05/05/2020
» An increase in the price index for vacant land near the extension of the northern section of the Green Line from Ku Kot to Lam Luk Ka, and along the Pink Line from Kae Rai to Min Buri, exceeded the average for Greater Bangkok for four consecutive quarters.
Land prices see sizeable hike
Business, Kanana Katharangsiporn, Published on 10/02/2020
» Land prices in the fourth quarter of 2019 resumed double-digit growth as developers fled the intense condo market and chased plots to develop more low-rise housing projects.
LH focuses on housing, rental
Business, Kanana Katharangsiporn, Published on 16/01/2020
» After missing its 2019 target, SET-listed developer Land & Houses Plc (LH) aims to focus on its core business: housing and rental properties.