Showing 1 - 10 of 11
Tower has a taste of Porsche
Business, Kanana Katharangsiporn, Published on 28/08/2024
» SET-listed developer Ananda Development has partnered with Porsche Lifestyle Group to launch Porsche Design Tower Bangkok, with prices starting from 1 million baht per square metre.
90-day deadline set for condo dispute
News, Supoj Wancharoen, Published on 08/03/2024
» A solution to a legal dispute over the 6-billion-baht Ashton Asoke condominium project in the Watthana district of Bangkok needs to be found in three months, according to a court official.
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.
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.
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.
Noble rejects legal worries over condos
Business, Kanana Katharangsiporn, Published on 03/08/2023
» SET-listed developer Noble Development has insisted that its two condo projects, situated on land where parts were expropriated, have no legal issues like Ashton Asoke because their given entrance-exit has remained unchanged since they were in the possession of the previous landowners.
Developer of Ashton Asoke 'must be held responsible'
News, Post Reporters, Published on 02/08/2023
» The owner of the Ashton Asoke project is responsible for building an entrance to the condominium complex in accordance with the required standards, so they must be held responsible for failing to do so, Bangkok governor Chadchart Sittipunt said on Tuesday.
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.
BMA lists Ashton Asoke possibilities
News, Supoj Wancharoen, Published on 01/08/2023
» Any resolution to Ashton Asoke condominium's legal tussle rests with three applicable sections of a related law, according to the Bangkok Metropolitan Administration (BMA).
Ashton Asoke must reapply for permit
Post Reporters, Published on 30/07/2023
» The owner of a high-profile Asoke condominium project may resubmit a request for a construction permit with the Bangkok Metropolitan Administration (BMA) provided it has a clear plan to address the entrance problem, Wisanu Subsompon, a deputy Bangkok governor, said yesterday.