Showing 1 - 10 of 10
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.
Nusasiri shares fall after SET issues deadline
Business, Nareerat Wiriyapong, Published on 24/01/2024
» Shares of Nusasiri Plc (NUSA) dipped by nearly 6% on Tuesday after the Stock Exchange of Thailand (SET) set a deadline of Jan 25 for the property developer to clarify facts about its request to the Civil Court to revoke its share swap with Wind Energy Holding (WEH).
Talks aim to revise land, building tax
Business, Wichit Chantanusornsiri, Published on 31/10/2023
» The Fiscal Policy Office is in talks with the Bangkok Metropolitan Administration (BMA) to seek a conclusion to the latter's request for the Finance Ministry to revise the land and building tax law, says Deputy Finance Minister Krisada Chinavicharana.
FPT shifts focus to low-rise inventory
Kanana Katharangsiporn, Published on 21/10/2023
» SET-listed Frasers Property Thailand (FPT) plans to revise its business plan for 2024 and launch only one low-rise condo project in the fourth quarter this year, focusing instead on its inventory of low-rise houses because of negative factors.
Frasers shifts strategy as competition intensifies
Kanana Katharangsiporn, Published on 20/07/2023
» Industrial estate developer Frasers Property Industrial (Thailand) will shift to more flexible business models and expand to smaller- and larger-scale projects to cope with growing demand and rising competition.
Measures sought to stimulate market
Business, Kanana Katharangsiporn and Wichit Chantanusornsiri, Published on 10/03/2023
» The next government should revise loan-to-value (LTV) limits, reduce the minimum land size for low-rise houses and extend the leasehold period to stimulate residential demand amid unfavourable conditions, according to property associations.
L.P.N. aiming for B1bn in profit annually
Business, Kanana Katharangsiporn, Published on 22/02/2023
» SET-listed developer L.P.N. Development Plc aims to attain 10 billion baht in revenue and 1 billion baht in net profit every year from now until 2026 after revenue fell to 5.6 billion baht in 2021 -- the lowest level in 15 years.
New condo supply set to reach 50,000 units
Business, Kanana Katharangsiporn, Published on 07/06/2022
» New condo supply launched in Greater Bangkok in 2022 is poised to reach 50,000 units, surpassing the level in 2020 and 2021 but still lower than before the pandemic due to several negative factors.
Developers require rejig to flatten prices
Business, Kanana Katharangsiporn, Published on 10/05/2022
» Residential developers should revise down unit sizes and adjust some features to keep housing prices flat, to accommodate sluggish purchasing power after prices were pushed up by higher costs caused by the impact of the Russia-Ukraine war.
Back down to earth
Business, Kanana Katharangsiporn, Published on 30/10/2020
» Residential developers are accelerating business adjustment and new strategies to cope with a property market slowdown and an economic downturn due to the pandemic which is expected to last until next year.