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BUSINESS

Origin to withhold middle-class condo offerings

Business, Kanana Katharangsiporn, Published on 27/11/2018

» SET-listed developer Origin Property Plc (ORI) will freeze launches of new condo projects for the middle class for at least two years, due to the new requirements on mortgage lending taking effect on April 1 deterring some buyers in this segment.

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BUSINESS

Kohler talks up smart mirrors, faucets

Business, Kanana Katharangsiporn, Published on 29/11/2018

» Kohler Co, an American sanitaryware and kitchenware producer, plans to introduce smart bathroom mirrors and kitchen faucets next year to boost its sales growth in Thailand to at least 10%.

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BUSINESS

Property market forecast to slow in 2019

Business, Kanana Katharangsiporn, Published on 01/12/2018

» The property market will slow next year amid negative factors such as new mortgage lending requirements, an uptrend in interest rates and the prolonged US-China trade war, according to developers and experts.

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BUSINESS

Developers advised to be alert in 2019

Business, Kanana Katharangsiporn, Published on 04/12/2018

» Residential developers should seek strategies to cope with the Bank of Thailand's new requirements on mortgages, be cautious of new supply and manage financial liquidity as the new lending rules and rising interest rates will hit demand next year.

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BUSINESS

New rules, new paradigm

Business, Kanana Katharangsiporn, Published on 03/12/2018

» Property developers are hastily preparing strategies to cope with the Bank of Thailand's new requirements on mortgage lending, as the measures will have an impact on some homebuyer segments next year.

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BUSINESS

Isan blues likely to persist

Business, Kanana Katharangsiporn, Published on 05/12/2018

» Tough times for the residential property market in Udon Thani and Khon Kaen will continue into 2019 amid an expected poor economy and the Bank of Thailand's new requirements on mortgage lending, say local developers.

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BUSINESS

Charn Issara plans six high-end projects

Business, Kanana Katharangsiporn, Published on 10/12/2018

» SET-listed Charn Issara Development Plc (CI) will launch six new projects worth a combined 6.4 billion baht in 2019.

BUSINESS

Altitude has high hopes for upper-end segment

Business, Kanana Katharangsiporn, Published on 07/12/2018

» Altitude Development Co will launch four residential projects worth a combined 4 billion baht in 2019 with a focus on middle to upper-end offerings, a segment less constricted by the central bank's new lending rules.

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BUSINESS

BoT prompts Sansiri away from marketing

Business, Kanana Katharangsiporn, Published on 13/11/2018

» SET-listed developer Sansiri Plc will tone down marketing for new condo launches to focus on real demand, in response to the Bank of Thailand's new measures on loan-to-value (LTV) limits announced last Friday.

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BUSINESS

Developers report mixed bag

Business, Kanana Katharangsiporn, Published on 15/11/2018

» Large listed developers are reporting mixed performance for revenues in the first nine months this year, with condos remaining a key growth driver.