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BUSINESS

Survey: Consumer confidence rallying

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

» A consumer confidence survey showed a large uptick in March from December 2021, with one possible outcome an increase in housing demand going forward, according to property research and consultancy Terra Media and Consulting Ltd.

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BUSINESS

Making a market for private assets

Business, Kanana Katharangsiporn, Published on 24/03/2022

» Alternative investment firm Ally Global Management is establishing and accelerating a new private asset industry in Thailand and Southeast Asia, with strategies focused on direct investments alongside co-founders of the world's largest institutions.

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BUSINESS

Sena plans to branch out into warehouses

Business, Kanana Katharangsiporn, Published on 04/03/2022

» SET-listed Sena Development plans to branch out to warehouses, serviced apartments and asset management, while planning 49 new residential projects worth a combined 27.5 billion baht in 2022.

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BUSINESS

Siamese Asset plans 6 new residential projects

Business, Kanana Katharangsiporn, Published on 12/03/2022

» SET-listed developer Siamese Asset is planning to launch six new residential projects worth a combined 11.6 billion baht, with one offering nursing care facilities for elderly and rehabilitation patients.

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BUSINESS

Office rejig proposed as demand dips

Business, Kanana Katharangsiporn, Published on 10/03/2022

» Old office buildings should be renovated to retain tenants amid lower demand driven by larger new supply of more than 2 million square metres in 2022-26 and changing behaviours, according to property consultant JLL Thailand.

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BUSINESS

Sansiri set to launch 28 low-rise projects

Business, Kanana Katharangsiporn, Published on 11/03/2022

» SET-listed developer Sansiri is bullish on low-rise housing developments, planning to launch 28 new projects worth a combined 39 billion baht in 2022, more than twice as many as last year.

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BUSINESS

Restructuring the foundation

Business, Kanana Katharangsiporn, Published on 05/03/2022

» Housing developer Pruksa Real Estate, a subsidiary of SET-listed Pruksa Holding Plc, is shifting from a sales-driven approach to becoming a "thinking company" with a primary goal of creating sustainable growth.

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BUSINESS

Vimarn Suriya looks to Saudi market

Business, Kanana Katharangsiporn, Published on 09/03/2022

» Vimarn Suriya Co, the developer of the luxury mixed-use project Dusit Central Park, wants to tap potential buyers in Saudi Arabia through roadshows in the Middle East before the summer holiday.

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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

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.