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PROPERTY

Standard preps Hua Hin, Phuket projects

Business, Kanana Katharangsiporn, Published on 07/02/2024

» Hospitality firm Standard International is planning to launch two projects of The Standard Residences in Phuket and Hua Hin in the second quarter, with combined sales of 8.5 billion baht, aiming to achieve a 60% target in presales.

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PROPERTY

Phuket adds 4 top-end villas

Business, Kanana Katharangsiporn, Published on 19/12/2023

» SET-listed Charn Issara Development launched four super-luxury villas priced between 250 and 300 million baht in the Sri Panwa project in Phuket, targeting affluent Thai, Chinese and Russian buyers.

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GENERAL

Homebuyer confidence down from 2022

Business, Kanana Katharangsiporn, Published on 08/12/2023

» The homebuyer confidence index in 2023 fell from last year as faith in respondents' financial status weakened, leading to a perception that it was not the right time to invest in high-value items, according to recent research.

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PROPERTY

PF preps 2nd phase of Khao Yai villas

Business, Kanana Katharangsiporn, Published on 27/11/2023

» SET-listed developer Property Perfect (PF) plans to launch a second phase of its luxury villa project in Khao Yai worth 1.6 billion baht after selling two-thirds of the units from the first phase -- valued at 1 billion baht -- in two years amid a fivefold increase in land prices over a five-year period.

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PROPERTY

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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GENERAL

Sansiri emphasises finding young talent

Business, Kanana Katharangsiporn, Published on 21/10/2023

» After Srettha Thavisin, former president of Sansiri Plc, ventured into politics, the company remained steadfast in its commitment to being a property developer that new generations aspire to work for.

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PROPERTY

Banyan Tree in B17bn Khao Yai project

Business, Kanana Katharangsiporn, Published on 10/10/2023

» Hospitality firm Banyan Tree Group has partnered with the owner of a 226-rai plot of land in Khao Yai to develop a branded residence project worth 17 billion baht, capitalising on strong post-pandemic demand for second homes.

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PROPERTY

Russians spur Phuket luxury villa market

Business, Kanana Katharangsiporn, Published on 04/10/2023

» Increasing demand for luxury villas in Phuket from Russian buyers is driving new supply in the market to reach a record high this year, which could result in a glut.

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PROPERTY

Partners co-develop Phuket villa project

Kanana Katharangsiporn, Published on 18/09/2023

» Amid a foreign purchasing boom led by Russians, MontAzure has partnered with local developer Botanica Luxury Phuket to develop villas priced 49-170 million baht on Kamala Beach targeting overseas buyers.

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MJD upbeat on B7bn presales target

Business, Kanana Katharangsiporn, Published on 22/07/2023

» Property developer Major Development Plc (MJD) is confident of achieving its target of 7 billion baht in presales by year-end despite recording 2 billion baht in the first half, as all of the company's new projects are slated for the second half.