Showing 1 - 10 of 33
Firms jittery on new launches
Kanana Katharangsiporn, Published on 26/09/2024
» Residential developers in Greater Bangkok should exercise caution regarding new launches over the next nine months as the market is showing signs of strain, with declining sales and increasing unsold inventory in the second quarter.
SC eyes B10bn revenue from new sectors
Kanana Katharangsiporn, Published on 25/09/2024
» SET-listed SC Asset Corporation will invest 20 billion baht between 2025 and 2029 in logistics, hotels and office rentals, aiming to generate a total revenue of 10 billion baht over the five-year period from these recurring income businesses.
Richmont's, JLL tout UK opportunities
Kanana Katharangsiporn, Published on 19/09/2024
» Property consultants Richmont's Thailand and Jones Lang LaSalle (JLL) have introduced London properties priced from 15 million baht to attract Thai investors amid a quiet Bangkok condo market.
Office space slips as tenants upgrade
Business, Kanana Katharangsiporn, Published on 18/09/2024
» The occupancy rate of Grade B office space in Bangkok continues to decline, reaching a market low of 75% as tenants relocate to higher quality Grade A spaces equipped with better facilities in similar locations.
Mortgage rejection rate hits condo launches
Business, Kanana Katharangsiporn, Published on 17/09/2024
» The high mortgage loan rejection rate in the first quarter of 2024 caused condo developers to put the brakes on new launches in Greater Bangkok in the second quarter, likely leading to a new low in launches by the end of the year.
Phuket villa launches smash records
Business, Kanana Katharangsiporn, Published on 04/09/2024
» New villa supply launched in Phuket in the first half of 2024 surpassed total launches for the whole of 2023, with the value exceeding that of condos for the first time in 15 years, largely driven by strong demand from Russians.
Confidence still low among homebuyers
Business, Kanana Katharangsiporn, Published on 30/08/2024
» The housing purchase confidence index (HPCI) in Greater Bangkok improved slightly in the second quarter from the first quarter, thanks to property measures, but remained low because of persistent negative factors.
Teka changes tack as condos dwindle
Business, Kanana Katharangsiporn, Published on 23/08/2024
» SET-listed contractor Teka Construction has shifted its focus to international schools, hospitals and data centres to compensate for fewer condo projects as demand is dampened by high interest rates.
Top developers to launch projects worth B93bn in H2
Business, Kanana Katharangsiporn, Published on 16/08/2024
» The top three residential developers -- AP Thailand, Sansiri and Supalai -- are maintaining their plans to launch 73 projects worth a combined 93 billion baht in Greater Bangkok and the provinces during the second half of this year, following a strong performance in the second quarter.
AssetWise posts record Q2 revenue
Kanana Katharangsiporn, Published on 14/08/2024
» SET-listed developer AssetWise set a record for revenue in the second quarter, driven by a strong performance from its campus condo and Phuket projects as the company expects to maintain momentum in the second half.