Showing 1 - 7 of 7
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.
Scope poised to roll out B3bn condo project in Sukhumvit
Kanana Katharangsiporn, Published on 24/01/2024
» Luxury developer Scope Co plans to launch a new condo project, Scope Thonglor, worth 3 billion baht with only 18 units, each occupying an entire floor and priced from 200 million baht, aiming to achieve 1.65 billion baht in sales during the launch period.
Residential market records tepid growth
Kanana Katharangsiporn, Published on 13/11/2023
» The residential market this year will have lower than expected growth, primarily because of the relatively poor performance in the third quarter caused by numerous negative factors, notably higher interest rates, says Supalai.
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.
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.
ChatGPT disrupts Asian property industry
South China Morning Post, Published on 10/06/2023
» HONG KONG: In a city of the future, a citizen looking to buy a home will simply explain their requirements to an artificial intelligence (AI)-based assistant, which will orchestrate the entire selection and buying process without a human property agent - or the commissions such agents command.
CPN steps up house roll out
Business, Narumon Kasemsuk, Published on 22/07/2022
» Retail and property developer Central Pattana Plc (CPN) is preparing its biggest residential expansion in five years with 50 more projects worth 40 billion baht, in a bid to achieve synergy with the overall Central group.