Showing 1 - 10 of 10
Stecon ventures into property development
Business, Kanana Katharangsiporn, Published on 01/10/2025
» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.
High-rise condo transfers set to plunge
Kanana Katharangsiporn, Published on 03/04/2025
» Transfers of high-rise condominiums in Greater Bangkok are expected to decline by 50%, while total condo transfers in the region may dip by 0.8% from 2024 in the aftermath of last week's earthquake, according to research and securities firms.
Delay of 2 months for land and building tax collection
Wichit Chantanusornsiri, Published on 02/12/2024
» The government has postponed the collection of the land and building tax by two months, with collection starting in June 2025. Tax payments can be made in three instalments.
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.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
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.
Bangkok governor responds to city plan criticism
News, Supoj Wancharoen, Published on 13/02/2024
» Bangkok governor Chadchart Sittipunt said on Monday that comprehensive city planning would not benefit financiers, adding that it can be revised after opposition from civil society networks.
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).
Proposed land, building tax draws fire
News, Aekarach Sattaburuth, Published on 25/05/2018
» The chamber of commerce, industry and banking representatives have warned that the much-awaited Land and Buildings Tax Bill could inflict an annual 50-100-billion-baht tax burden on the national economy and lead to ambiguities associated with its interpretation.