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BUSINESS

Sansiri banking on lower-end condos

Business, Kanana Katharangsiporn, Published on 01/03/2022

» SET-listed developer Sansiri Plc will launch lower-end condo projects for sale a month before construction is completed and work with banks to ensure the transfer of units with lower mortgage loan rejections.

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BUSINESS

Hotel investment recovery forges ahead

Business, Kanana Katharangsiporn, Published on 16/02/2022

» Hotel investment continues to be robust with sales volume this year expected to be 30% higher than the 10-year average pre-pandemic amount, the second consecutive year of growth, according to property consultant JLL.

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BUSINESS

Economists forecast property sales boom

Business, Kanana Katharangsiporn, Published on 25/02/2022

» Despite the challenge of soaring inflation rates and development costs, property developers should prepare for a post-pandemic boom, according to economists.

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BUSINESS

AP commits to condo projects worth B13bn

Business, Kanana Katharangsiporn, Published on 24/02/2022

» As Bangkok condo market sentiment improved earlier this year, SET-listed developer AP Thailand has committed to five new condo projects worth a combined 13 billion baht in 2022.

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BUSINESS

Inflation rate dims REIC's recovery view

Business, Kanana Katharangsiporn, Published on 21/02/2022

» Despite a forecast of 25% growth in residential transfers this year, reaching the level attained in 2019 might take until 2024 because of the rising rate of inflation, according to the Real Estate Information Center (REIC).

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BUSINESS

Pruksa plans spending spree

Business, Kanana Katharangsiporn, Published on 22/02/2022

» SET-listed developer Pruksa Holding Plc (PSH) will invest 3.5 billion baht in property and healthcare technology startups to strengthen its core businesses and boost recurring income, after going through a restructuring and a clearance of its inventory over the past two years.

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BUSINESS

Frasers shifting focus as pandemic hits homebuyers

Business, Kanana Katharangsiporn, Published on 23/02/2022

» Residential developer Frasers Property Home (Thailand) will shift to single detached houses and the upper-end segment as the pandemic has hit purchasing power of townhouse buyers and middle-to low-income earners.

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BUSINESS

Strong demand seen for large condos

Business, Kanana Katharangsiporn, Published on 17/02/2022

» Demand for larger condominium units in the resale market is poised to remain strong this year as the prices of new projects in Bangkok are still high despite their smaller sizes, according to property consultant CBRE Thailand.

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BUSINESS

PF aims to launch 15 low-rise projects

Business, Kanana Katharangsiporn, Published on 18/02/2022

» SET-listed developer Property Perfect Plc (PF) plans to launch 15 low-rise housing projects worth a combined 26.2 billion baht, of which nearly half are joint ventures with Hongkong Land and Sumitomo.

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BUSINESS

Foreigners savouring investment potential

Business, Kanana Katharangsiporn, Published on 04/02/2022

» Despite inbound travel difficulty, foreign investors are still looking to acquire warehouse facilities and manufacturing property as an investment, according to property consultant CBRE Thailand.