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BUSINESS

Saha grumbles as strong baht carries on

Business, Kanana Katharangsiporn, Published on 06/06/2018

» Saha Group, the country's biggest consumer goods conglomerate, has warned that the continued strong baht could weaken consumer purchasing power in the second half of the year even as the economy heats up.

BUSINESS

Sansiri project targeted to woo high net worth Thais

Business, Kanana Katharangsiporn, Published on 08/06/2018

» SET-listed developer Sansiri Plc plans to launch a super-luxury single house project, Baan Sansiri Pattanakarn 30, worth 3 billion baht, to tap high net worth Thais, a segment it believes has been growing.

BUSINESS

Pre-Built continues developing projects

Business, Kanana Katharangsiporn, Published on 12/06/2018

» As the real estate business remains attractive and generates a higher net profit margin than construction, SET-listed contractor Pre-Built Plc (PREB) continues investing in property development after selling off subsidiary developer Builtland Co last year.

BUSINESS

CBRE: Transaction value to rise 50%

Business, Kanana Katharangsiporn, Published on 13/06/2018

» Property consultant CBRE Thailand expects the value of its real estate transactions this year to grow by more than 50% from around 29 billion baht last year, largely because of the sale of the UK embassy plot on Wireless Road earlier this year.

BUSINESS

Supalai ready to splash out B300m on Saraburi plots

Business, Kanana Katharangsiporn, Published on 14/06/2018

» SET-listed developer Supalai Plc plans to spend 300 million baht to buy plots near its resort in Saraburi to develop an elderly home with 100 units to capture rising demand in this segment.

BUSINESS

PF venture targets luxury

Business, Kanana Katharangsiporn, Published on 15/06/2018

» SET-listed developer Property Perfect (PF) Plc plans to re-design luxury single houses and launch them at five projects next year after signing a joint venture agreement with Japanese firm Sekisui Chemical Co three days ago.

BUSINESS

Shaky law on Airbnb rentals

Spectrum, Kanana Katharangsiporn, Published on 17/06/2018

» A court ruling on Airbnb in Hua Hin was meant to weaken sentiment among condo buyers who buy units to rent out on a daily basis. Yet the data shows the number of daily-leasing units continues to rise.

BUSINESS

CBRE: Office rents to continue resilience

Business, Kanana Katharangsiporn, Published on 18/06/2018

» The property market will keep growing as land and residential prices soar, just as office rents have risen consistently over the past three decades despite two major economic crises in 1997 and 2008, says property consultancy CBRE Thailand.

BUSINESS

Tri Property spots new income in elderly care

Business, Kanana Katharangsiporn, Published on 20/06/2018

» Developer Tri Property Co is shifting to recurring income businesses, planning to develop hotel and elderly care projects in Bangkok and key resort destinations to fill the gap in income from property sales.

PROPERTY

Golden Land stakes 30% growth claim

Business, Kanana Katharangsiporn, Published on 21/06/2018

» SET-listed Golden Land Property Development Plc (GOLD) aims for sales growth of 30% in the high-end single-house segment for units priced from 20 million baht this year, citing strong purchasing power and limited supply.