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Search Result for “Jasmine 85”

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PROPERTY

CG Capital to invest B5bn in Phuket, Samui hotels

Business, Kanana Katharangsiporn, Published on 21/10/2025

» CG Capital Advisory, the private equity arm of Central Group, plans to invest over 5 billion baht to develop five hotels in Phuket and Samui, alongside the launch of the InterContinental Residences Bangkok Asoke, a 5.5-billion-baht condominium project.

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PROPERTY

Price cuts continue to pace condo sales

Business, Kanana Katharangsiporn, Published on 24/09/2025

» New condo supply launched in Bangkok in the third quarter of 2025 continued to slow, while projects priced more than 30% below market levels recorded strong sales, according to property consultancy Colliers Thailand.

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PROPERTY

Manufacturing performs better than other sectors

Business, Kanana Katharangsiporn, Published on 09/09/2025

» Despite potentially flat growth, the industrial property sector continued to outperform other real estate segments, supported by clearer US tariff policies and strong foreign direct investment (FDI) momentum in the first half.

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PROPERTY

Dusit Thani to be a cautious investor

Kanana Katharangsiporn, Published on 28/06/2025

» Hospitality firm Dusit Thani Plc plans to adopt a more cautious approach to new investments amid economic uncertainty, in a bid to recognise revenue from its residential projects by year-end.

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BUSINESS

Boonthavorn aims for 3-4% sales uptick

Business, Kanana Katharangsiporn, Published on 05/03/2025

» Boonthavorn Retail Corporation Plc, a home improvement and construction materials retailer, is freezing new investments and cutting expenses as the market remains unfavourable this year, while targeting sales growth of 3-4%.

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PROPERTY

Wary developers weigh down land price index

Business, Kanana Katharangsiporn, Published on 13/02/2025

» The year-on-year increase in the land price index in Greater Bangkok in the fourth quarter of 2024 slowed to 1.8%, close to the historic low of 1.7% recorded in the fourth quarter of 2021, mainly due to tepid investment among developers.

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PROPERTY

Bangkok residential supply dip to persist

Business, Kanana Katharangsiporn, Published on 11/02/2025

» Launches of new residential supply in Greater Bangkok will decline for a third consecutive year in 2025, largely attributed to an increase in unsold units carried over from 2024, an uncertain economy and high household debt, according to Kasikorn Research Center.

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PROPERTY

Vimarn unfazed by rising rates

Kanana Katharangsiporn, Published on 09/10/2024

» Vimarn Suriya Co, the developer of the luxury mixed-use Dusit Central Park project, is not concerned by rising interest rates and the strong baht, as its branded residential project primarily targets affluent Thai buyers.

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BUSINESS

Auto sector drives industrial land sales

Business, Kanana Katharangsiporn, Published on 13/08/2024

» Land transactions in industrial estates during the first half of 2024 exceeded the annual target set by the Industrial Estate Authority of Thailand (IEAT), driven by strong demand in the automotive sector, particularly from Chinese investors.

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PROPERTY

Mortgage terms may be extended

Kanana Katharangsiporn, Published on 10/07/2024

» The Ministry of Finance is planning to hold discussions with commercial banks about the possibility of extending the home loan repayment period to a maximum age of 85 among borrowers in an effort to stimulate local demand amid the economic slowdown.