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PROPERTY

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.

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PROPERTY

Court orders liquidation of China Evergrande, owes $300bn

Published on 29/01/2024

» HONG KONG - A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain a deepening crisis.

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PROPERTY

Supalai bolsters investment in domestic, Australian markets

Business, Kanana Katharangsiporn, Published on 26/01/2024

» SET-listed developer Supalai is bullish on the domestic and Australian residential markets, planning to invest 12.6 billion baht to expand 12 projects in Australia and launch a record high of 42 new projects worth 50 billion in Thailand.

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PROPERTY

Sansiri to launch 46 residential projects

Business, Kanana Katharangsiporn, Published on 24/01/2024

» As global uncertainties persist, SET-listed developer Sansiri will launch 46 new residential projects worth a combined 61 billion baht and aims for a transfer growth of 10% to 43 billion baht by year-end.

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PROPERTY

Noble continues to tap overseas markets

Business, Kanana Katharangsiporn, Published on 19/01/2024

» After achieving a record high in overseas sales last year, SET-listed developer Noble Development will continue introducing ready-to-move-in condos priced below 5 million baht in locations familiar to foreigners to tap overseas markets this year.

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PROPERTY

Luxury home segment signals excess of supply

Business, Kanana Katharangsiporn, Published on 03/01/2024

» The luxury home segment has started to signal an excess of supply, while middle to upper end low-rise houses should enjoy higher demand as mass transit lines expand to outer-city areas, says a property consultancy.

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PROPERTY

Developers should be wary of low-cost condo segment

Business, Kanana Katharangsiporn, Published on 02/01/2024

» Developers should exercise caution when launching new condos and townhouses priced less than 2 million baht in Greater Bangkok as a substantial inventory of unsold units might result in increased competition, potentially leading to discounted prices.

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PROPERTY

C.P. Land allocates B30bn in investment

Business, Kanana Katharangsiporn, Published on 14/12/2023

» C.P. Land Plc, a property firm owned by the Chearavanont family, plans to invest 30 billion baht to acquire hotels and develop residential projects in 2024-25 with the goal of generating 15.5 billion baht in revenue during this period.

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PROPERTY

PF preps 2nd phase of Khao Yai villas

Business, Kanana Katharangsiporn, Published on 27/11/2023

» SET-listed developer Property Perfect (PF) plans to launch a second phase of its luxury villa project in Khao Yai worth 1.6 billion baht after selling two-thirds of the units from the first phase -- valued at 1 billion baht -- in two years amid a fivefold increase in land prices over a five-year period.

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PROPERTY

KingsQuare Residence condo project launched in Bangkok

Business, Published on 02/11/2023

» King Square Development Co, a member of Saha Group, has launched KingsQuare Residence, a 52-storey luxury condo project near the Rama III-Ratchadaphisek Road intersection with access to King's College International School Bangkok.