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BUSINESS

Singha Estate aims at B30bn in revenue

Business, Kanana Katharangsiporn, Published on 31/01/2020

» SET-listed Singha Estate is ready to spend 73 billion baht for a five-year plan in residential development, hotels, commercial properties and renewable energy, aiming for 30 billion baht in revenue by 2024.

BUSINESS

Supalai upbeat on 30 new projects

Business, Kanana Katharangsiporn, Published on 29/01/2020

» SET-listed developer Supalai Plc remains bullish on a plan to spend 20 billion baht on land and construction of 30 new projects worth a combined 30 billion baht, as financial costs are less of a burden.

BUSINESS

YLP's last hurrah opens as owners change

Business, Kanana Katharangsiporn, Published on 29/01/2020

» YLP, a former subsidiary of financially strapped, SET-listed Pace Development Corporation, has opened Windshell Naradhiwas, a luxury condo worth 3 billion baht, the company's last project after Pace sold it to creditors last November.

BUSINESS

Capital One, KW team up for second-hand homes

Business, Kanana Katharangsiporn, Published on 24/01/2020

» Property agent Capital One Real Estate Co is expanding to second-hand homes, joining American property franchise Keller Williams to tap the 100-billion-baht market with a goal to share at least 5 billion baht.

BUSINESS

Siam Motors to build offices, golf course

Business, Kanana Katharangsiporn, Published on 23/01/2020

» Siam Motors Group, owned by the Phornprapha family, plans to invest more than 4 billion baht to develop a Grade A office tower near Siam skytrain station and an 18-hole golf course on Bang Na-Trat Road.

BUSINESS

MQDC's Forestias gets nod

Business, Kanana Katharangsiporn, Published on 22/01/2020

» Magnolia Quality Development Corporation Ltd (MQDC) is preparing to break ground on The Forestias, a 125-billion-baht mixed-use development on Bang Na-Trat Road, in March after being approved on environmental impact assessment (EIA) reports.

BUSINESS

Noble eyes London to avoid domestic risk

Business, Kanana Katharangsiporn, Published on 21/01/2020

» SET-listed developer Noble Development is set to debut its first overseas project in London to diversify away from the risks of an unfavourable domestic market.

BUSINESS

Proud Real Estate eyes revenue shortcut

Business, Kanana Katharangsiporn, Published on 20/01/2020

» MAI-listed developer Proud Real Estate, owned by the Liptapanlop family, is ready to take a shortcut to revenue.

BUSINESS

New transit lines ready for condo hype

Business, Kanana Katharangsiporn, Published on 20/01/2020

» Locations near three new mass transit lines -- Orange, Pink and Yellow -- are the top five hotspots for new condo supply being launched in 2020, with large developers dominating the market.

BUSINESS

ABN, Sermsub 999 team up for condo project in Bang Saen

Business, Kanana Katharangsiporn, Published on 17/01/2020

» Singaporean developer ABN Holding is confident about opportunities in the Eastern Economic Corridor (EEC), joining Sermsub 999 Co, a Thai real estate firm based in Sa Kaeo, to develop a low-rise condo project in Bang Saen, Chon Buri.