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Search Result for “30 billion”

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PROPERTY

PM allays foreign quota fears

Published on 23/06/2024

» Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will help stimulate the economy.

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PROPERTY

Real estate execs back steps to boost foreign investment

Online Reporters, Published on 22/06/2024

» Local real estate executives have expressed support for proposals to extend land-lease periods to as long as 99 years, saying the change would be conducive to attracting more foreign investment.

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PROPERTY

Post-rejig, Sen X targets 40% growth

Business, Kanana Katharangsiporn, Published on 31/05/2024

» SET-listed property firm Sen X plans to restructure by merging subsidiaries related to property services, expanding to manage non-residential properties, adding new businesses and shifting to high-priced housing segments to secure 40% growth by year-end.

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PROPERTY

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.

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PROPERTY

Big developers banking on Nonthaburi

Business, Kanana Katharangsiporn, Published on 25/05/2024

» Eight large developers launched or plan to release 4,600 residential units with an expected combined sales value of 50 billion baht on 1,300 rai in Nonthaburi, marking the first time they will be developing next to each other, while hoping to avoid direct competition.