Showing 1 - 10 of 34
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Residential demand slows greatly in Chiang Mai
Kanana Katharangsiporn, Published on 18/03/2024
» Residential demand in Chiang Mai began slowing in the second half of 2023 and has continued through the first two months of this year, largely attributed to shrinking purchasing power caused by the economic slowdown and higher interest rates.
Overwhelmed by success
Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.
Chewathai preps B600m for land, 4 new projects
Business, Kanana Katharangsiporn, Published on 16/02/2024
» MAI-listed developer Chewathai is preparing 600 million baht to acquire new land plots and launch four residential projects worth a combined 3.7 billion baht, aiming for a 5% increase in revenue to reach 2 billion baht this year.
Nippon Steel Kowa Real Estate to invest in 2 residential projects
Kanana Katharangsiporn, Published on 14/02/2024
» Japanese developer Nippon Steel Kowa Real Estate Co (NSKRE) is planning to invest 600-800 million baht per year in the Thai property market via two residential projects in the affordable price segment through a joint venture with MAI-listed developer Chewathai.
Myanmar buyers look beyond Bangkok
Kanana Katharangsiporn, Published on 08/02/2024
» Property buyers from Myanmar shopping in Thailand are seeking residential units in Phuket and Chiang Mai, attracting a developer from the nation to invest in a single detached house project in Chiang Mai province.
AssetWise aims for 8% rise in presales this year
Kanana Katharangsiporn, Published on 09/02/2024
» SET-listed developer AssetWise plans to launch 12 new residential projects worth a combined 25.9 billion baht in Bangkok, eastern provinces and Phuket, aiming to achieve 17.8 billion baht in presales by year-end, representing an 8% increase.
Luxury home segment signals excess of supply
Business, Kanana Katharangsiporn, Published on 03/01/2024
» The luxury home segment has started to signal an excess of supply, while middle to upper end low-rise houses should enjoy higher demand as mass transit lines expand to outer-city areas, says a property consultancy.
Cheaper condos see demand soar
Business, Kanana Katharangsiporn, Published on 27/12/2023
» Low-priced condos are expected to be in high demand next year based on affordability, the expansion of new mass transit lines and rising land prices.
Second-hand home market posts gains
Kanana Katharangsiporn, Published on 25/12/2023
» Rising housing prices and interest rates coupled with reduced purchasing power are expected to drive demand for second-hand homes in preferred locations at more affordable prices, according to the Real Estate Information Center (REIC).