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BUSINESS

Sri panwa takes hotels to Hainan

Business, Kanana Katharangsiporn, Published on 11/09/2019

» Sri panwa Management, a hospitality subsidiary under SET-listed Charn Issara Development, is expanding to Hainan to capitalise on Chinese tourists.

BUSINESS

Q2 sees record low condo sales rate

Business, Kanana Katharangsiporn, Published on 10/09/2019

» The sales rate for new condos launched in Bangkok in the second quarter fell to historic lows as loan-to-value (LTV) limits, a weak economy and stronger baht dampened demand, according to property consultant Knight Frank Thailand.

BUSINESS

Agencies lure new cities as Chinese look elsewhere

Business, Kanana Katharangsiporn, Published on 05/09/2019

» Property agencies targeting Chinese buyers have shifted to new markets other than Thailand and are focused on enticing buyers from novel Chinese cities after traditional markets slowed their purchases of Bangkok condos in response to the US-China trade war, a stronger baht and weaker yuan.

BUSINESS

SC readies 10 projects in final months of year

Business, Kanana Katharangsiporn, Published on 04/09/2019

» SET-listed developer SC Asset Corporation Plc plans to launch 10 new projects worth 13.3 billion baht in the final four months of the year.

BUSINESS

PF delays launches, cuts presales target

Business, Kanana Katharangsiporn, Published on 04/09/2019

» SET-listed developer Property Perfect Plc (PF) has postponed six new projects worth a combined 19.1 billion baht until next year and cut its presales target by 13% in line with the sluggish market.

BUSINESS

Singha delays Rang Nam condo project

Business, Kanana Katharangsiporn, Published on 03/09/2019

» SET-listed property firm Singha Estate Plc (S) has postponed the launch of its new condo project on Rang Nam Road until February 2020 from October this year as condo market sentiment remains unfavourable.

BUSINESS

Time to take stock

Business, Kanana Katharangsiporn, Published on 02/09/2019

» SET-listed residential developers have adjusted their strategies to cope with sluggish market sentiment that continues to linger in the second half after poor performances in the first half.

BUSINESS

CP Land in B4bn hotel campaign

Business, Kanana Katharangsiporn, Published on 31/08/2019

» CP Land Plc, the property arm of Charoen Pokphand Group, will spend 4 billion baht to double the number of its hotels to 25 in the three years, as well as 2 billion baht to develop infrastructure and utilities at an industrial estate in Rayong.

BUSINESS

RML looks to hotels for long term

Business, Kanana Katharangsiporn, Published on 30/08/2019

» SET-listed developer Raimon Land (RML) will change two development projects on Charoen Nakhon Road and Sukhumvit Soi 19 into new hotels, scheduled to open in 2020 and 2023, as it aims for long-term investment.

BUSINESS

All Inspire creates sales team to tap foreign condo buyers

Business, Kanana Katharangsiporn, Published on 29/08/2019

» SET-listed All Inspire Development Plc is confident in the growth of the foreign buyer market, setting up an overseas sales team to tap at least seven countries with a presales target of 10 billion baht in the next five years.