Showing 1 - 10 of 43
CPN optimistic on office rental outlook
Business, Kanana Katharangsiporn, Published on 30/05/2024
» SET-listed Central Pattana (CPN) is aiming for annual growth of more than 10% in the office rental business over a five-year period, following the completion of Central Park Offices at the Dusit Central Park mixed-use project next year.
Office demand turns negative in 1st quarter
Business, Kanana Katharangsiporn, Published on 25/04/2024
» The office market recorded negative absorption in the first quarter of 2024, ending a consecutive seven-quarter rise from mid-2022, as demand shifted from non-green to green spaces and downsized offices, according to property consultant Knight Frank Thailand.
Plus Property sets ambitious 2024 revenue goal
Post Reporters, Published on 24/04/2024
» Plus Property Co Ltd (PLUS) is reinforcing its leadership in comprehensive professional property and facility management, aiming to expand its business while maintaining its top position in quality. Over the past year, PLUS successfully managed approximately 400 real estate projects nationwide, covering more than 20 million square metres of area under management.
Chinese buyers benefited from Hong Kong's property curbs removal
South China Morning Post, Published on 26/03/2024
» HONG KONG: Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million (140 million baht) or more since the removal of all of Hong Kong's property curbs last month, JLL said.
Sena strategies aim to shift unsold condos
Business, Kanana Katharangsiporn, Published on 06/03/2024
» SET-listed developer Sena Development is planning to implement new strategies to rent out and transfer completed unsold condos, coping with a high mortgage rejection rate in an effort to increase sales and revenue this year.
Travellers push up demand for rental residences
Business, Molpasorn Shoowong, Published on 05/03/2024
» Thailand can expect stronger demand for rental residences, especially from foreign expatriates or young workers who may not be able to afford to purchase a home, according to rental residence developer Homa.
Property Perfect plans cautious strategy
Business, Kanana Katharangsiporn, Published on 28/02/2024
» SET-listed developer Property Perfect is taking a more cautious approach this year, focusing on debt reduction and launching fewer new projects because of stricter funding rules for both supply and demand.
AP set to launch 48 new developments
Business, Kanana Katharangsiporn, Published on 22/02/2024
» SET-listed developer AP Thailand plans to launch 48 new projects worth a combined 58 billion baht, a lower sum than last year, aiming for growth of 10-11% in presales to 57 billion baht, with revenue rising to 53.7 billion.
Tighter lending rules hinder condo market
Business, Kanana Katharangsiporn, Published on 13/02/2024
» The industrial and hotel sectors will continue to grow, unlike the condo market which will remain sluggish due to stricter rules for mortgage lending by banks, according to property consultant Knight Frank Thailand.
FPT focusing on buildings with recurring income
Business, Kanana Katharangsiporn, Published on 25/01/2024
» SET-listed developer Frasers Property (Thailand) (FPT) will continue to weigh its portfolio with a focus on recurring income properties, particularly in the industrial sector, as the residential market is hamstrung by negative factors.