Showing 21-30 of 1,351 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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Ananda readies seven projects worth B18.6bn
Business, Kanana Katharangsiporn, Published on 12/03/2024
» Despite carrying unsold condo units ready to transfer worth a total of 33 billion baht, SET-listed Ananda Development is planning to launch seven new projects worth a combined 18.6 billion baht this year.
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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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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.
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Housing prospects dim in Q1
Kanana Katharangsiporn, Published on 26/02/2024
» The housing market outlook remains hazy for the first quarter as both developers and homebuyers lack confidence in performance and purchases, dampened by elevated interest rates.
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LPN eyes condo revenue of B5bn
Kanana Katharangsiporn, Published on 26/02/2024
» SET-listed L.P.N. Development aims to generate revenue of 4.5-5 billion baht from its condo inventory totalling 11 billion baht by offering discounts, as the carrying cost of inventory is 4% per year, says the new top executive.
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AP set to launch 48 new developments
Business, Kanana Katharangsiporn, Published on 22/02/2024
» SET-listed developer AP Thailand plans to launch 48 new projects worth a combined 58 billion baht, a lower sum than last year, aiming for growth of 10-11% in presales to 57 billion baht, with revenue rising to 53.7 billion.
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NCH maintains cautious approach
Business, Kanana Katharangsiporn, Published on 21/02/2024
» Mid-sized developer N.C. Housing Plc (NCH) remains cautious this year, planning to utilise its land bank to launch six new projects worth a combined 7.2 billion baht.
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Pruksa preps 30 projects worth B29bn
Business, Kanana Katharangsiporn, Published on 20/02/2024
» SET-listed developer Pruksa Holding (PSH) is planning to launch 30 new residential projects worth a combined 29 billion baht, with a shift to the upper-priced segment to balance those in the lower-end market affected by negative factors.
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Residential property market remains tepid this year
Business, Kanana Katharangsiporn, Published on 17/02/2024
» Though Thai GDP growth is forecast at 2.8-3.2% this year, the residential market may post marginal gains as demand remains weak, according to the Real Estate Information Center (REIC).
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