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BUSINESS

Standard forecasts continuing tourism growth

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

» Standard International, a hospitality subsidiary of SET-listed developer Sansiri, is expecting this year's strong tourism recovery to continue into 2023, with the resumption of the Chinese market a key driver.

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BUSINESS

Sansiri bullish on recovery prospects

Business, Kanana Katharangsiporn, Published on 19/11/2021

» SET-listed developer Sansiri Plc expects hotel revenue to bounce back to pre-Covid levels over the next few years, whilst aiming for 60% occupancy in the first 12 months of operation at The Standard Hua Hin, which opens next month.

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BUSINESS

CG eyes B1bn land sales in CPGC estate in 2021

Business, Kanana Katharangsiporn, Published on 11/12/2020

» CG Corporation Ltd, a joint venture between CP Land and China's Guangxi Construction Engineering Group, expects to close land sales of 240 rai worth around 1 billion baht in the CPGC Industrial Estate in Rayong by the second half of next year.

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BUSINESS

Virus crisis prompts swift action at Sansiri

Business, Kanana Katharangsiporn, Published on 27/04/2020

» In preparation for the Covid-19 pandemic possibly lasting longer than one year, SET-listed developer Sansiri Plc is adopting a speed-to-market strategy, improving after-sale services, promoting social distancing at its projects and redesigning products to adapt to the "new normal".

BUSINESS

Singha delays Rang Nam condo project

Business, Kanana Katharangsiporn, Published on 03/09/2019

» SET-listed property firm Singha Estate Plc (S) has postponed the launch of its new condo project on Rang Nam Road until February 2020 from October this year as condo market sentiment remains unfavourable.

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BUSINESS

Singha eyes more condos with partner

Business, Kanana Katharangsiporn, Published on 24/06/2019

» SET-listed property firm Singha Estate Plc is set to have a second joint venture with Hongkong Land Ltd in luxury condo development, eyeing a launch next year.

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BUSINESS

Golden Land debuting 28 projects next year

Business, Kanana Katharangsiporn, Published on 09/11/2018

» SET-listed developer Golden Land Property Development Plc, owned by the Sirivadhanabhakdi family, will launch 28 new housing projects worth a combined 33 billion baht in 2019, aiming for sales growth of 10% to 34 billion baht.

BUSINESS

Sansiri-Standard tie-up to yield 3 projects

Business, Kanana Katharangsiporn, Published on 07/11/2018

» American hotel chain The Standard plans to expand to Phuket, Hua Hin and Bangkok's Thong Lor, with 150 rooms each, developing residences for sale at the two beach destinations after SET-listed developer Sansiri Plc invested US$58 million (1.9 billion baht) in the company last year.

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BUSINESS

Jiaranai funnelling Chinese buyers

Business, Kanana Katharangsiporn, Published on 26/10/2018

» Jiaranai Entertainment Co, a Chinese media company in Thailand, has joined Chinese property agency Wo Ai Wo Jia Co to tap into growing Chinese demand for Thai condominiums, with a sales target of 5,000 units worth 25-30 billion baht by next year.

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BUSINESS

SC Asset eyes stepped-up foreign sales

Business, Kanana Katharangsiporn, Published on 20/08/2018

» SET-listed developer SC Asset Corporation Plc, a property arm owned by the Shinawatra family, looks set to forge a joint venture with a foreign partner on a new condo project by the fourth quarter after seeing growing demand from overseas buyers.