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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.

GENERAL

Developer eyes 20% revenue growth

Business, Kanana Katharangsiporn, Published on 18/01/2024

» SET-listed Singha Estate is aiming for a 20% revenue growth from 2023, targeting 18 billion baht by the end of 2024, with the hospitality business being the key driver, fuelled by a robust global tourism sector.

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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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GENERAL

Transformative vision

Business, Kanana Katharangsiporn, Published on 30/10/2023

» In 2022, SET-listed residential developer AP Thailand set a record for presales at 50.4 billion baht, the largest total since its establishment in 1991 and the highest tally in the residential market.

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GENERAL

Developers glum on outlook

Business, Kanana Katharangsiporn, Published on 29/07/2023

» Property developers have called for the new government to be formed as soon as possible as it would facilitate a speedy economic recovery and ultimately stimulate the housing property sector amid several negative factors and risks.