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GENERAL

Creating an intelligent design

Business, Kanana Katharangsiporn, Published on 22/06/2024

» Bangkok design firm DWP claims to have revolutionised the Thai architectural industry by integrating artificial intelligence (AI) into its design processes, enhancing efficiency, and positioning itself at the forefront of Thailand's design landscape.

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PROPERTY

Bangkok townhouse sales plunge

Business, Kanana Katharangsiporn, Published on 22/06/2024

» New sales of Greater Bangkok townhouses plummeted in the first quarter of 2024 to a 12-year low, nearing levels following the severe floods of 2011, largely attributed to weak demand in the middle to lower-end segments.

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PROPERTY

Frasers shifts focus to high-priced homes

Kanana Katharangsiporn, Published on 18/06/2024

» Residential developer Frasers Property Home (Thailand) (FPH) is focusing on high-priced segments for new launches and will adjust product prices at existing projects to cope with the market slowdown.

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PROPERTY

Sansiri targets strong condo markets

Kanana Katharangsiporn, Published on 17/06/2024

» SET-listed developer Sansiri plans to continue with its condo business strategies to cope with slow economic growth, focusing on strong demand and strategic locations in all pricing segments.

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GENERAL

Pepsi boasts of rising farm productivity

Business, Kanana Katharangsiporn, Published on 13/06/2024

» Pepsi-Cola (Thai) Trading Co (PepsiCo), the producer and distributor of Lay's potato chips, continues to improve agricultural productivity for its 5,800 contract farmers, aiming to increase revenue by 15% for 35% of those farmers by 2030.

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PROPERTY

Developers adjust to decline in transfers

Business, Kanana Katharangsiporn, Published on 12/06/2024

» The number of land allocation permits nationwide dropped by 19.7% in the first quarter of 2024, the largest decline in nine quarters, as developers adjusted after seeing a consecutive dip in low-rise house transfers.

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PROPERTY

Crackdown dents condo purchases

Business, Kanana Katharangsiporn, Published on 08/06/2024

» Myanmar's crackdown on Thai condo purchases by its citizens could cause a significant decline in condo transfers during the second and third quarters, according to the Thai Condominium Association.

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PROPERTY

Residential developers getting cold feet

Kanana Katharangsiporn, Published on 06/06/2024

» The residential construction area permitted nationwide in the first three months of 2024 is expected to plunge to the lowest level in 12 quarters, reflecting developers slowing new launches of residential supply because of weak demand.

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GENERAL

CPN, partners sink B1bn into mammoth sale

Business, Kanana Katharangsiporn, Published on 05/06/2024

» SET-listed Central Pattana (CPN), along with Central Group and partners, will invest over 1 billion baht to hold a major sale event to boost sales in the second and third quarters, aiming for a 25-30% increase in customer traffic across all its branches nationwide.

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PROPERTY

Foreign interest key to condo projects

Business, Kanana Katharangsiporn, Published on 04/06/2024

» SET-listed Noble Development plans to focus on foreign buyers for new condo projects in Bangkok as domestic demand remains sluggish.