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BUSINESS

Supalai looks to provincial prospects

Business, Kanana Katharangsiporn, Published on 02/12/2020

» SET-listed developer Supalai expects an economic recovery in 2021 as it aims for sales growth and plans to expand low-rise housing projects into additional provinces to diversify risk.

BUSINESS

Equity funds hunt for projects

Business, Kanana Katharangsiporn, Published on 08/06/2020

» Thai and overseas private equity funds are looking for property projects whose developers are financially strapped, keen to take over with a target yield of 5% annually for at least seven years, according to property consultancy Phoenix 1010 Holding Co.

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BUSINESS

Outer city calls to budget-conscious renters

Business, Kanana Katharangsiporn, Published on 09/07/2019

» As Bangkok condo supply is in a surplus and tenants are seeking units with lower rents, condos in outer-city locations along the extensions of mass transit lines are more attractive for a buy-to-let investment than those in inner-city areas.

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BUSINESS

Golden Land goes sleepless

Business, Kanana Katharangsiporn, Published on 28/05/2019

» SET-listed developer Golden Land Property Development Plc looks set to launch the first 24-hour retail site in inner Bangkok at mixed-use complex Samyan Mitrtown in September, planning to tap rising demand from the younger generation, including students, freelancers and first-time workers.

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BUSINESS

Condos lure new China wave

Business, Kanana Katharangsiporn, Published on 02/05/2019

» Condo demand from Chinese remains strong as units near educational institutions and medical services attract a new wave of buyers, according to property agents.

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BUSINESS

Asset Wise targets lower-priced condos

Business, Kanana Katharangsiporn, Published on 11/03/2019

» Property developer Asset Wise Co will focus on developing condos priced lower than 2 million baht a unit as the new loan-to-value (LTV) limits weaken the purchasing power of some buyers.

BUSINESS

Arinsiri competes via MAI fundraising

Business, Kanana Katharangsiporn, Published on 16/10/2018

» Chon Buri-based residential developer Arinsiri Land Plc looks set to raise funds on the Market of Alternative Investment (MAI) to compete with large developers from Bangkok.

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BUSINESS

Tongthai Group woos Chinese investors

Business, Kanana Katharangsiporn, Published on 09/08/2018

» Tongthai Group, a provider of Chinese-language travel magazines and media, yesterday launched a Chinese-language property website to tap what it foresees as an immense opportunity from surging growth of Chinese buyers in the Thai property market.

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BUSINESS

L.P.N. targets boost in condo rents

Business, Kanana Katharangsiporn, Published on 03/07/2018

» SET-listed developer L.P.N. Development Plc aims to boost revenue from rental properties to 10% of the total next year from less than 1%.