Showing 1 - 10 of 47
Property perks ‘could lift GDP growth to 4%’
Published on 09/04/2024
» The economy could grow by slightly more than 4% this year, driven by measures to boost the property sector approved on Tuesday, the Ministry of Finance said, as the government attempts to revive economic activity.
Chinese buyers benefited from Hong Kong's property curbs removal
South China Morning Post, Published on 26/03/2024
» HONG KONG: Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million (140 million baht) or more since the removal of all of Hong Kong's property curbs last month, JLL said.
Tycoon's property unit sees earnings jump on tourism boom
Bloomberg News, Published on 26/03/2024
» A Thai developer of hotels and shopping malls controlled by Thailand's richest man expects the recent surge in international tourists to boost its first quarter earnings this year.
Phuket housing market still robust
Kanana Katharangsiporn, Published on 01/03/2024
» The Phuket residential market is expected to remain robust in 2024, with prices projected to increase by 10-15%, driven by Russian demand and an anticipated return of Chinese buyers in the second half, according to property consultant CBRE Thailand.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Supalai bolsters investment in domestic, Australian markets
Business, Kanana Katharangsiporn, Published on 26/01/2024
» SET-listed developer Supalai is bullish on the domestic and Australian residential markets, planning to invest 12.6 billion baht to expand 12 projects in Australia and launch a record high of 42 new projects worth 50 billion in Thailand.
Nusasiri shares fall after SET issues deadline
Business, Nareerat Wiriyapong, Published on 24/01/2024
» Shares of Nusasiri Plc (NUSA) dipped by nearly 6% on Tuesday after the Stock Exchange of Thailand (SET) set a deadline of Jan 25 for the property developer to clarify facts about its request to the Civil Court to revoke its share swap with Wind Energy Holding (WEH).
UHG expects 10% revenue hike this year
Business, Kanana Katharangsiporn, Published on 05/01/2024
» Commercial property developer UHG expects revenue growth of 10% to 2.2 billion baht in 2024, with Chinese tourist arrivals potentially returning in the third quarter of the year.
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.
The Great Room bullish on prospects
Molpasorn Shoowong, Published on 08/11/2023
» Businesses providing co-working spaces have maintained a steady growth post-pandemic as people return to work by opting for a flexible working space, with the Asia-Pacific region reporting a higher utilisation rate than other regions, according to The Great Room, an operator of co-working spaces.