Showing 1 - 10 of 23
Influx of mixed-use projects poised to transform market
Business, Kanana Katharangsiporn, Published on 05/03/2024
» An influx of new property supply from 10 world-class mixed-use development projects located in the central business district (CBD) is set to transform Bangkok and Thailand, according to property consultant Jones Lang LaSalle (Thailand) (JLL).
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.
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.
Housing market woos Japanese firms
Business, Kanana Katharangsiporn, Published on 22/12/2023
» The Thai housing market remains appealing to both new Japanese developers entering with a budget of 100-300 million baht per project as well as existing developers considering a change of partner.
Dusit has high hopes for residences
Business, Narumon Kasemsuk, Published on 14/12/2023
» Dusit expects to set a new price record for leasehold residences in Bangkok's central business district (CBD) with a 900-square-metre penthouse after selling 75% of its 406 total units.
Ananda opts to initiate price cuts
Business, Kanana Katharangsiporn, Published on 28/09/2023
» Ananda Development Plc will cut the prices of its ready-to-move-in residential units, reducing the company's gross profit by 8%, in an effort to secure liquidity and bolster cash flow amid a risk that it may be unable to secure a bond rollover, along with the crisis generated by the Ashton Asoke case.
Chinese buyers gradually cool on Thailand as destination
Business, Kanana Katharangsiporn, Published on 15/08/2023
» Thailand dipped to fifth among destinations for Chinese property buyers, down one spot from last year and the top ranking in 2021, attributed to a sluggish recovery of travel and pricey flights.
Foreigners seeking luxury homes
Business, Published on 26/05/2023
» Foreign interest in purchasing luxury residences in Thailand, including condominiums, houses and villas in prime locations, has surged since the return of international tourists in the second half of 2022, according to property consultancy CBRE.
Ideas 1606 sets out ambitious beachfront sales goal
Business, Kanana Katharangsiporn, Published on 25/04/2023
» Ideas 1606, a holiday home developer under the Veyla brand, aims to sell six villas on Phangnga's Natai beach for 75 million baht each by the end of this year, with plans to launch a new project on a 100-rai plot of land on Phi Phi Island in 2024.
Foreigners picked to buoy property market
Business, Kanana Katharangsiporn, Published on 08/03/2023
» Despite the economic recovery, the property market this year may depend heavily on foreign demand as negative factors still affect domestic buyers, according to economists and property analysts.