Showing 1 - 5 of 5
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).
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.
Developers call for clearer environmental reports
Business, Kanana Katharangsiporn, Published on 01/11/2023
» Condo developers are urging environmental impact assessment (EIA) reports to be reviewed based on clear standards, aiming to reduce subjective judgements because a delayed assessment process increases development costs.
Chewathai finds comfort zone with reworked plan
Business, Kanana Katharangsiporn, Published on 22/10/2022
» MAI-listed developer Chewathai plans to resume land purchases, scale down the size of new projects and start new property-related ventures as it wrangles with the land and building tax and China's strict zero-Covid policy.
B4bn Naam Hotel awaiting EIA green light
Business, Kanana Katharangsiporn, Published on 05/07/2022
» Development of the new six-star Naam Hotel is underway as the Tangsin family awaits environmental approval to build the 4-billion-baht riverside project next to its existing Ramada Plaza by Wyndham Bangkok Menam Riverside.