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PROPERTY

Built To Build targets sales growth of 10%

Business, Kanana Katharangsiporn, Published on 09/03/2023

» The homebuilder Built To Build Group is conservatively aiming to grow its sales revenue by 10% to 1.2 billion baht this year, despite a promising surge during the Covid-19 pandemic.

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PROPERTY

Phuket condo market soon set to return to pre-Covid level

Business, Kanana Katharangsiporn, Published on 07/03/2023

» The Phuket condo market is expected to recover to pre-Covid levels within the next two years, driven by the resumption of tourism, with the pool villa market tipped to keep growing.

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PROPERTY

Thanasiri to triple value of launches

Business, Kanana Katharangsiporn, Published on 01/03/2023

» Mid-sized developer Thanasiri Group Plc is to launch four new projects this year worth 3.3 billion baht, aiming for 1.8 billion baht in presales with more than a third coming from joint ventures with Japanese partner Anabuki.

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PROPERTY

AP aiming for B57.5bn in revenue

Business, Kanana Katharangsiporn, Published on 10/02/2023

» SET-listed developer AP Thailand plans to launch 58 new projects this year worth a combined 77 billion baht, the highest in the industry, with a target of 58 billion baht in presales and 57.5 billion in revenue.

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PROPERTY

PSH to rejig precast business via transfer

Business, Kanana Katharangsiporn, Published on 17/01/2023

» SET-listed developer Pruksa Holding Plc (PSH) will dilute its shares in the precast business through a share swap with General Engineering Plc (GEL) and will co-invest in logistics with Singaporean real estate firm Capitaland and Taiwan developer Ally Logistics Property to boost recurring income.

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PROPERTY

Land & Houses to invest B9bn in 2023

Business, Kanana Katharangsiporn, Published on 13/01/2023

» SET-listed developer Land & Houses plans to spend 9 billion baht on the property business this year, with one-third going to three hotels as the economy and tourism sector are recovering.

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BUSINESS

Lalin unfazed by LTV change, eyes 10% growth

Business, Kanana Katharangsiporn, Published on 10/01/2023

» SET-listed developer Lalin Property Plc is aiming for growth of at least 10% in 2023 as the normal loan-to-value (LTV) limits will have a minimal impact on target customers in the real demand segment.

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PROPERTY

Sansiri setting a standard for luxury residences

Business, Kanana Katharangsiporn, Published on 26/12/2022

» Competition in the luxury residential market is heating up, with new supply increasing and novel players emerging as demand continues to grow, with the wealthy unaffected by high inflation and recession.

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PROPERTY

Priorities revealed in latest Terra survey

Business, Kanana Katharangsiporn, Published on 09/12/2022

» A smart security system, after-sales service and a good neighborhood are the top three requirements consumers consider when buying a residential unit, according to property research and consultancy Terra Media and Consulting.

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BUSINESS

Sansiri anticipates record net profit

Business, Kanana Katharangsiporn, Published on 07/12/2022

» SET-listed developer Sansiri is expecting to secure a record-high net profit in 2022, besting the 3.5 billion baht posted in 2015, resulting from its strategy to maximise cash flow during the pandemic.