Showing 1-10 of 2,142 results
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Ananda opts to initiate price cuts
Business, Kanana Katharangsiporn, Published on 28/09/2023
» Ananda Development Plc will cut the prices of its ready-to-move-in residential units, reducing the company's gross profit by 8%, in an effort to secure liquidity and bolster cash flow amid a risk that it may be unable to secure a bond rollover, along with the crisis generated by the Ashton Asoke case.
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Habitat Group, ECG jointly invest in condo project
Business, Kanana Katharangsiporn, Published on 27/09/2023
» Property developer Habitat Group and Thai private equity firm ECG Venture Capital are jointly investing in the development of a luxury condo project worth 3.5 billion baht in Pattaya, with the aim of tapping strong demand among foreign buyers.
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Rate hike would likely hurt housing market
Business, Kanana Katharangsiporn, Published on 26/09/2023
» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.
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Foreign demand continues to surge in H1
Business, Kanana Katharangsiporn, Published on 19/09/2023
» While the number of local buyers in the condo market has slowed, foreign demand continued to surge, accounting for 24.6% of the total transfer value nationwide in the first half of 2023, up from 20.5% last year, led by Chinese buyers.
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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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CPN readies 50 residential developments
Business, Kanana Katharangsiporn, Published on 15/09/2023
» SET-listed developer Central Pattana (CPN) has prepared land plots for 50 residential developments to launch from 2024 to 2026, aiming to generate a combined revenue of 24 billion baht in those years.
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Developers seek state aid for agricultural sector
Business, Kanana Katharangsiporn, Published on 15/09/2023
» The government should bolster the provincial economy by enhancing the agricultural sector as this will create a ripple effect in Bangkok and ultimately stimulate demand for housing nationwide, say developers in the Northeast.
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Call for measures to boost Chiang Mai housing sector
Business, Kanana Katharangsiporn, Published on 13/09/2023
» The Chiang Mai housing market is expected to recover next year, but the government should implement measures to enhance home purchasing power, according to local developers.
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Developers warned over unsold homes
Business, Kanana Katharangsiporn, Published on 12/09/2023
» Kasikorn Research Center has warned developers to be more cautious about launching new residential supply due to increasing amounts of unsold inventory, rising costs, and a declining population.
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CPN keen on Phuket condos
Kanana Katharangsiporn, Published on 11/09/2023
» SET-listed Central Pattana (CPN) plans to launch two new phases of Phyll Phuket, a condo project near Central Phuket Floresta, with 700 units worth a combined 3 billion baht next year as condo demand in Phuket remains robust, driven by the tourism sector.
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