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BUSINESS

Sathaporn readies four new projects

Business, Kanana Katharangsiporn, Published on 26/06/2018

» Sathaporn Estate Co, a new company under developer Chalermnakhon Co, plans to launch four residential projects worth 6.8 billion baht in the next 18 months, with a focus on the upper-end segment.

BUSINESS

Singha Estate keen on Fiji, Maldives addition

Business, Kanana Katharangsiporn, Published on 26/06/2018

» SET-listed property firm Singha Estate Plc (S) wants to expand its hotel rooms and develop super-luxury villas for sale in Fiji after taking over two resorts there from American hotel chain Outrigger Hotels & Resorts over the last two weeks.

BUSINESS

MQDC contrives to cut waste

Business, Kanana Katharangsiporn, Published on 28/06/2018

» Magnolia Quality Development Corporation Ltd (MQDC), a property developer owned by the Chearavanont family, plans to upcycle plastic waste at new single house, townhouse and condo projects, aiming to reduce waste and save on construction costs.

BUSINESS

Pruksa spices up designs to catch eyes

Business, Kanana Katharangsiporn, Published on 29/06/2018

» Pruksa Real Estate, the property development arm of SET-listed Pruksa Holding Plc (PSH), will stress more variety in housing design and residential architecture for its townhouse products as it tries to maintain its leadership position in the segment.

BUSINESS

Condo demand goes soft

Business, Kanana Katharangsiporn, Published on 02/07/2018

» Soft demand in the condominium market, a high rejection rate for mortgage applications among middle- to lower-end buyers and a decrease in high-priced housing supply have driven developers to shift to luxury single detached houses.

BUSINESS

Asset Five readies 3 project roll-out worth B7bn

Business, Kanana Katharangsiporn, Published on 03/07/2018

» Asset Five Development Co, a property firm owned by the third generation of the 65-year-old developer Panchasarp Co, plans to launch three residential projects worth over 7 billion baht in Bangkok and Udon Thani during 2018-19.

BUSINESS

L.P.N. targets boost in condo rents

Business, Kanana Katharangsiporn, Published on 03/07/2018

» SET-listed developer L.P.N. Development Plc aims to boost revenue from rental properties to 10% of the total next year from less than 1%.

BUSINESS

B13bn condo for Rama IX Road

Business, Kanana Katharangsiporn, Published on 04/07/2018

» TC Development Co, a property developer owned by Thai and Chinese investors, will launch a new condo project worth 13 billion baht on Rama IX Road after a Thai supplier of Chinese sanitaryware bought a 40% stake in the company last year.

BUSINESS

Habitat unfazed by likely interest spike

Business, Kanana Katharangsiporn, Published on 05/07/2018

» Property developer Habitat Group will continue to launch new condos for investment in the second half of the year as it projects a possible hike in domestic interest rates as unlikely to affect buyers in the upper-end segment.

BUSINESS

All Inspire touts presales

Business, Kanana Katharangsiporn, Published on 11/07/2018

» Property developer All Inspire Development Plc posted 3.8 billion baht in presales for new condominium projects launched in the first half, driven by foreign buyers, who accounted for 40% of all sales.