Showing 1 - 10 of 62
Minimum wage hits construction prices
Business, Kanana Katharangsiporn, Published on 23/04/2024
» The new daily minimum wage, which became effective in early January, drove up home construction prices in the first quarter, despite a drop in costs due to the influx of Chinese steel and the delayed disbursement of the government's budget.
Bangkok office blocks told to upgrade 'to survive'
Business, Kanana Katharangsiporn, Published on 02/04/2024
» Older office buildings in Bangkok should accelerate their upgrades as existing tenants are relocating to new prime towers, widening the gap in rents, says property consultant Jones Lang LaSalle (Thailand) (JLL).
Syntec sets record for new projects
Business, Kanana Katharangsiporn, Published on 27/03/2024
» Contractor Syntec Construction Plc secured a record high 21 new projects worth a combined 12.8 billion baht last year, benefiting from the recovering condo sector and less intense competition post-pandemic.
Standard preps Hua Hin, Phuket projects
Business, Kanana Katharangsiporn, Published on 07/02/2024
» Hospitality firm Standard International is planning to launch two projects of The Standard Residences in Phuket and Hua Hin in the second quarter, with combined sales of 8.5 billion baht, aiming to achieve a 60% target in presales.
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.
Home price growth slows as steel dips
Kanana Katharangsiporn, Published on 30/10/2023
» The construction price index for standard homes increased by 1.5% year-on-year in the third quarter of 2023, continuing a four-quarter slowdown, with a major contributor being lower prices of steel and sanitaryware.
Pruksa urges income boost for residents
Business, Kanana Katharangsiporn, Published on 16/08/2023
» The new government should enhance people's income to make home purchases more accessible, though property measures may be unnecessary, says SET-listed developer Pruksa Holding.
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.
Standard readies new residential projects
Business, Kanana Katharangsiporn, Published on 29/06/2023
» Hotel chain Standard International plans to launch two branded residential projects in Phuket and Hua Hin, while also opening five new hotels with 600 rooms across four destinations in Thailand during 2023-26 to capitalise on robust demand.
Home building costs up 3.5%
Business, Kanana Katharangsiporn, Published on 05/05/2023
» Sanitaryware price hikes led to a 3.5% increase in the standard home construction price index in the first quarter of 2023 amid higher fuel costs, according to the Real Estate Information Center (REIC).