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Motion to extend property support measures
Business, Wichit Chantanusornsiri, Published on 12/07/2022
» Finance Minister Arkhom Termpittayapaisith has signalled the possible extension of the property support measures to help spur the recovery of the sector.
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Property Perfect plans cautious strategy
Business, Kanana Katharangsiporn, Published on 28/02/2024
» SET-listed developer Property Perfect is taking a more cautious approach this year, focusing on debt reduction and launching fewer new projects because of stricter funding rules for both supply and demand.
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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.
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DAD eyes state construction projects
Business, Kanana Katharangsiporn, Published on 23/01/2024
» Dhanarak Asset Development (DAD) Co, a state enterprise under the Ministry of Finance, is diversifying to become a one-stop service provider for the construction of property for state agencies, with the aim of having at least two projects per year during the period 2024-27.
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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.
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KBank mulls buying Home Credit Vietnam
Somruedi Banchongduang, Published on 04/09/2023
» Kasikornbank (KBank) is exploring an acquisition deal with Home Credit Vietnam as part of its Asean business expansion.
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CSA aims to seal deals worth $45m
Business, Kanana Katharangsiporn, Published on 07/06/2023
» Real estate advisory and asset management firm Capital Solution Asia (CSA) plans to seal four property deals worth a total of US$45 million over the next 12 months from foreign investors investing in the country for the first time, after initiating a deal for Thailand's first Tesla showroom earlier this month.
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FPH in merger talks in bid to add condos
Business, Kanana Katharangsiporn, Published on 19/01/2023
» Low-rise residential developer Frasers Property Home Thailand (FPH) will add condos to its portfolio through both greenfield development and a takeover, with Grand Unity Development being the most likely candidate.
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Trust to focus on real estate
Business, Kanana Katharangsiporn, Published on 07/09/2022
» Luxury property developer K.E. Group and a former major shareholder of Raimon Land have set up a private equity fund with an initial investment of 2 billion baht to co-invest in existing property projects whose developers are in need of liquidity or who want to cash out.
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Korat registers rapid rebound
Business, Kanana Katharangsiporn, Published on 07/04/2022
» After the pandemic slowdown hit the economy in 2020, the residential market in Nakhon Ratchasima is recovering, driven by strong demand from those working for industrial estates, according to property developers.
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