Showing 1 - 10 of 489
Nexus: Condo supply to shrink in 2019
Business, Kanana Katharangsiporn, Published on 25/12/2018
» New condominium supply being launched in Greater Bangkok next year will shrink by 13% to 53,000 units, the same level as the market average the past five years, says property consultant Nexus Property Marketing Co.
Pruksa signals caution in 2019
Business, Kanana Katharangsiporn, Published on 26/12/2018
» With a sluggish housing market forecast for next year, SET-listed developer Pruksa Holding Plc (PSH) aims to beef up investment in new recurring-income business and raise total revenue to 100 billion baht over the next decade.
REIC: Residential purchases to reduce speed
Business, Kanana Katharangsiporn, Published on 03/01/2019
» Residential developers should be more cautious with new supply launches in Greater Bangkok in 2019 as the absorption rate declines, leading the number of unsold units to exceed the five-year average, says the Real Estate Information Center (REIC).
Lalin increases down payment collection in 2019
Business, Kanana Katharangsiporn, Published on 08/01/2019
» SET-listed developer Lalin Property Plc plans to raise down payment collection for new single house and townhouse projects being launched this year to 10-15% from its usual 5% to prepare customers for new lending curbs.
Fynn remains committed to condo sector
Business, Kanana Katharangsiporn, Published on 09/01/2019
» Despite high competition and a slowing market, small developer Fynn Development Co will launch a new low-rise condo project worth 1.8 billion baht on Sukhumvit Soi 10 as it is confident about demand and supply at the location.
Supalai optimistic amid gloomy signals
Business, Kanana Katharangsiporn, Published on 15/01/2019
» SET-listed developer Supalai Plc is upbeat this year despite a rash of negative factors such as new lending curbs, rising interest rates and an uncertain economy.
LH launching 16 house projects as condos flail
Business, Kanana Katharangsiporn, Published on 17/01/2019
» SET-listed developer Land & Houses Plc (LH) plans to launch 16 new projects worth a combined 30 billion baht in the low-rise segment as the economy is expected to be unfavourable and slow the condo market.
Raimon shifting to hotels, IVF ventures
Business, Kanana Katharangsiporn, Published on 17/01/2019
» With the Thai property market expected to continue slowing down, SET-listed developer Raimon Land Plc (RML) wants to diversify more to hotels and in-vitro fertilisation (IVF) ventures, with a combined investment of 5.3 billion baht.
L.P.N. taps middle- to upper-end segment
Business, Kanana Katharangsiporn, Published on 19/01/2019
» SET-listed L.P.N. Development Plc continues to tap the middle- to upper-end segment, planning to launch 16 projects worth a combined 20 billion baht and aiming to have presales growth of 10% to 16.5 billion baht by year-end.
Sansiri eyes Q1 presale boost from curbs
Business, Kanana Katharangsiporn, Published on 22/01/2019
» SET-listed developer Sansiri Plc expects the upcoming lending curbs to help drain housing stock and boost presales in the first quarter by 50%, higher than the usual rate, ahead of the new rules taking effect on April 1.