Showing 1-10 of 189 results
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Russians control residential leasehold segment in Phuket
Business, Kanana Katharangsiporn, Published on 15/03/2024
» The value of residential units in Phuket leased long-term by the top 10 foreign nationalities almost tripled to 12.8 billion baht in 2023, mainly driven by Russian buyers fleeing the conflict in Europe as the foreign quota for condos was filled in many areas of the island.
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Sena strategies aim to shift unsold condos
Business, Kanana Katharangsiporn, Published on 06/03/2024
» SET-listed developer Sena Development is planning to implement new strategies to rent out and transfer completed unsold condos, coping with a high mortgage rejection rate in an effort to increase sales and revenue this year.
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Scope poised to roll out B3bn condo project in Sukhumvit
Kanana Katharangsiporn, Published on 24/01/2024
» Luxury developer Scope Co plans to launch a new condo project, Scope Thonglor, worth 3 billion baht with only 18 units, each occupying an entire floor and priced from 200 million baht, aiming to achieve 1.65 billion baht in sales during the launch period.
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Noble continues to tap overseas markets
Business, Kanana Katharangsiporn, Published on 19/01/2024
» After achieving a record high in overseas sales last year, SET-listed developer Noble Development will continue introducing ready-to-move-in condos priced below 5 million baht in locations familiar to foreigners to tap overseas markets this year.
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Chon Buri real estate set to surge in 2024
Kanana Katharangsiporn, Published on 09/01/2024
» The residential market in Chon Buri is expected to sustain its growth throughout 2024, propelled by foreign interest in condos, despite the large quantity of new supply.
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Watthana top among condo buyers
Business, Kanana Katharangsiporn, Published on 06/01/2024
» Despite the high price per square metre, the Watthana district was Bangkok's most popular location among both foreign and domestic condo buyers and tenants because of its amenities and convenient transport options.
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Developers should be wary of low-cost condo segment
Business, Kanana Katharangsiporn, Published on 02/01/2024
» Developers should exercise caution when launching new condos and townhouses priced less than 2 million baht in Greater Bangkok as a substantial inventory of unsold units might result in increased competition, potentially leading to discounted prices.
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Foreigners drive condo market
Kanana Katharangsiporn, Published on 18/12/2023
» Condos are still in demand among foreign buyers targeting investment or second homes, as the market has ample room with foreign ownership remaining below the legal limit of 49%.
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JV set to launch B1.7bn condo project
Business, Kanana Katharangsiporn, Published on 24/11/2023
» Issara United, a joint venture between SET-listed developer Charn Issara Development and Thai conglomerate Saha Group, will launch a new condo project in Hua Hin worth 1.7 billion baht to capitalise on the robust demand for vacation homes.
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Construction jobs to grow amid condo revival
Kanana Katharangsiporn, Published on 23/11/2023
» Construction jobs in the private sector are expected to rebound next year as the effects of the pandemic on the property sector, particularly the condo segment, are projected to end this year, according to SET-listed contractor Prebuilt Plc.
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