Showing 1 - 10 of 18
Developers call for clearer environmental reports
Business, Kanana Katharangsiporn, Published on 01/11/2023
» Condo developers are urging environmental impact assessment (EIA) reports to be reviewed based on clear standards, aiming to reduce subjective judgements because a delayed assessment process increases development costs.
Ananda opts to initiate price cuts
Business, Kanana Katharangsiporn, Published on 28/09/2023
» Ananda Development Plc will cut the prices of its ready-to-move-in residential units, reducing the company's gross profit by 8%, in an effort to secure liquidity and bolster cash flow amid a risk that it may be unable to secure a bond rollover, along with the crisis generated by the Ashton Asoke case.
CPN readies 50 residential developments
Business, Kanana Katharangsiporn, Published on 15/09/2023
» SET-listed developer Central Pattana (CPN) has prepared land plots for 50 residential developments to launch from 2024 to 2026, aiming to generate a combined revenue of 24 billion baht in those years.
A relationship built on trust
Business, Kanana Katharangsiporn, Published on 02/09/2023
» Japanese property firm Mitsubishi Estate is committed to continue its investments in Thailand, demonstrating its confidence in its partner AP Thailand Plc and the local market.
Residential property set to rebound in Q4
Kanana Katharangsiporn, Published on 28/08/2023
» The residential market, which slowed in the first seven months because of an uncertain global economy, concerns over defaults on bond payments and a condo case, is projected to rebound in the fourth quarter driven by international buyers, says a developer.
CPanel sees prospects for precast concrete
Business, Kanana Katharangsiporn, Published on 25/08/2023
» The new government's pledge to increase the daily minimum wage to 600 baht as well as the Ashton Asoke case should help the already robust precast concrete industry, according to MAI-listed precast concrete producer CPanel.
Condo ruling could affect financing
Business, Kanana Katharangsiporn, Published on 11/08/2023
» The Ashton Asoke case, in which the condo was ordered to have its construction permit revoked, will have an impact on property developers who depend on issuing debt instruments and securing loans for funding, as lenders are becoming more hesitant, according to developers.
Ashton Asoke condo move raises eyebrows
Business, Kanana Katharangsiporn, Published on 02/08/2023
» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.
Ananda upbeat on target after reopening
Business, Kanana Katharangsiporn, Published on 16/11/2021
» SET-listed developer Ananda Development Plc expects the country's reopening will help the company to achieve its revenue target of 10 billion baht by the end of 2021 and a 20% growth next year as sentiment improves.
Ananda slashes transfer, presales targets
Business, Kanana Katharangsiporn, Published on 17/09/2021
» SET-listed developer Ananda Development has cut its transfer and presales targets for 2021 by 37% and 24%, respectively, after the most recent wave of the pandemic hit residential demand and delayed the country's reopening plan.