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BUSINESS

Chewathai to thaw out nine projects

Business, Kanana Katharangsiporn, Published on 03/10/2018

» MAI-listed developer Chewathai Plc (CHEWA) will launch nine new residential projects worth a combined 8.3 billion baht from next month to mid-2019 after freezing new launches for over a year.

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BUSINESS

Siam Motors invests in 4th Pattaya golf course

Business, Kanana Katharangsiporn, Published on 09/10/2018

» Siam Motors Group, owned by the Phornprapha family, is investing 2.1 billion baht to develop a new 18-hole golf course adjacent to three others in Pattaya before jumping into the condo business next year.

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BUSINESS

Siamese Asset shrugs off LTV regulation

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

» Property developer Siamese Asset Co is unconcerned about the central bank's loan-to-value (LTV) limit on mortgage lending, as it already collects a down payment of 20% of unit price.

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BUSINESS

New Bangkok zoning from late 2019

Business, Kanana Katharangsiporn, Published on 18/09/2018

» A new Bangkok city plan scheduled to be applied from the end of next year will lead to greater use of land for property development, notably in locations along the new mass transit lines and their extensions, resulting in more affordable residential prices, says a planner.

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BUSINESS

Lalin hopeful of government spending boost

Business, Kanana Katharangsiporn, Published on 15/08/2018

» SET-listed residential developer Lalin Property Plc expects government spending in the second half to boost economic sentiment and housing demand, underpinning the company's plan to launch six projects worth a combined 3 billion baht until year-end.

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BUSINESS

Colliers: Office space seeing shorter leases

Business, Kanana Katharangsiporn, Published on 21/08/2018

» Bangkok's office sector is witnessing a rising trend of shorter-term lease renewals as tenants await new towers that will be completed over the next two years, according to property consultant Colliers International Thailand.

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BUSINESS

Raimon Land chief denies back-door listing allegations

Business, Kanana Katharangsiporn, Published on 22/08/2018

» The 2.5-billion-baht acquisition of two land plots and unsold condo units from KPN Land Co, a property arm owned by the Narongdej family, is not a back-door listing by the family, insists Adrian Lee, chief executive of SET-listed developer Raimon Land Plc (RML).

BUSINESS

JLL: Japanese will take DIY approach

Business, Kanana Katharangsiporn, Published on 22/08/2018

» The second wave of Japanese investors in the Bangkok property market is likely to be in the form of their own investment through existing operations already based in Thailand, says property consultant JLL Thailand.

BUSINESS

Sansiri goes all-in on solar PV rooftops

Business, Kanana Katharangsiporn, Published on 23/08/2018

» SET-listed developer Sansiri Plc (SIRI) plans to have solar photovoltaic (PV) rooftops installed at the clubhouses of all new housing projects launched from next year to reduce the electric bill by 15%.

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BUSINESS

Rise Venture to link unsold units to buyers

Business, Kanana Katharangsiporn, Published on 24/08/2018

» All Inspire Development Plc has diversified into acquiring unsold, completed condo units and furnishing them before reselling onto the market, aiming for a net profit margin of 20% from the new business.