Showing 1 - 10 of 11
Developers' Q1 profits plunge to decade-low
Business, Kanana Katharangsiporn, Published on 04/06/2025
» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.
Fee cuts for B7m range lift home demand
Business, Kanana Katharangsiporn, Published on 02/04/2025
» The reduction in transfer and mortgage fees for units priced 7 million baht or less, which expired last year, lifted home demand in Bangkok within this price range, according to a recent survey.
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.
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.
Nusasiri shares fall after SET issues deadline
Business, Nareerat Wiriyapong, Published on 24/01/2024
» Shares of Nusasiri Plc (NUSA) dipped by nearly 6% on Tuesday after the Stock Exchange of Thailand (SET) set a deadline of Jan 25 for the property developer to clarify facts about its request to the Civil Court to revoke its share swap with Wind Energy Holding (WEH).
Major Chinese developer avoids default
AFP and Bloomberg, Published on 02/09/2023
» BEIJING: The Chinese developer Country Garden has won approval from creditors to extend a deadline for a key bond repayment, narrowly avoiding a potential default.
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).
BMA under fire over Ashton Asoke
Supoj Wancharoen, Published on 29/07/2023
» Bangkok governor Chadchart Sittipunt is under increasing pressure to take action in response to Thursday's ruling by the Supreme Administrative Court, which invalidated the construction permit granted to the already finished 6-billion-baht Ashton Asoke condominium project in Watthana district of Bangkok after a long legal dispute.
Land tax payments deferred
News, Post Reporters, Published on 25/06/2022
» The Interior Ministry has extended the deadline for land and building tax payments for three months to help people and business operators cope with economic hardship.