Showing 1 - 10 of 15
New infrastructure expected to boost market in Northeast
Business, Kanana Katharangsiporn, Published on 19/09/2025
» New infrastructure is expected to revive the economy and strengthen home purchasing power in Nakhon Ratchasima and Udon Thani, as transfer and mortgage fee cuts and lower interest rates have had a limited effect, according to local developers.
Lan Kwai Fong joins Phuket deal
Business, Molpasorn Shoowong, Published on 12/03/2025
» Robust long-stay demand in Phuket has attracted Hong Kong's Lan Kwai Fong Group to invest in a project worth 4.5 billion baht via joint ventures with a local developer, while a legal consultant suggested Thailand amend the hotel laws to permit the renting out of condo units on a daily basis.
Luring foreigners to real estate
Business, Wichit Chantanusornsiri, Published on 16/11/2024
» Finance Minister Pichai Chunhavajira is looking at several options to stimulate the country's economy, with a focus on attracting more foreign investors.
90-day deadline set for condo dispute
News, Supoj Wancharoen, Published on 08/03/2024
» A solution to a legal dispute over the 6-billion-baht Ashton Asoke condominium project in the Watthana district of Bangkok needs to be found in three months, according to a court official.
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.
Ananda opts to initiate price cuts
Business, Kanana Katharangsiporn, Published on 28/09/2023
» Ananda Development Plc will cut the prices of its ready-to-move-in residential units, reducing the company's gross profit by 8%, in an effort to secure liquidity and bolster cash flow amid a risk that it may be unable to secure a bond rollover, along with the crisis generated by the Ashton Asoke case.
Residential property set to rebound in Q4
Kanana Katharangsiporn, Published on 28/08/2023
» The residential market, which slowed in the first seven months because of an uncertain global economy, concerns over defaults on bond payments and a condo case, is projected to rebound in the fourth quarter driven by international buyers, says a developer.
Condo ruling could affect financing
Business, Kanana Katharangsiporn, Published on 11/08/2023
» The Ashton Asoke case, in which the condo was ordered to have its construction permit revoked, will have an impact on property developers who depend on issuing debt instruments and securing loans for funding, as lenders are becoming more hesitant, according to developers.
Noble rejects legal worries over condos
Business, Kanana Katharangsiporn, Published on 03/08/2023
» SET-listed developer Noble Development has insisted that its two condo projects, situated on land where parts were expropriated, have no legal issues like Ashton Asoke because their given entrance-exit has remained unchanged since they were in the possession of the previous landowners.
Developer of Ashton Asoke 'must be held responsible'
News, Post Reporters, Published on 02/08/2023
» The owner of the Ashton Asoke project is responsible for building an entrance to the condominium complex in accordance with the required standards, so they must be held responsible for failing to do so, Bangkok governor Chadchart Sittipunt said on Tuesday.