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BUSINESS

LGBT Chinese flocking to buy Thai property

Business, Kanana Katharangsiporn, Published on 27/08/2018

» Bangkok and Phuket are the top two destinations in Southeast Asia for LGBT Chinese looking for condos to live in because such buyers feel comfortable in these cities, says Juwai.com, a Chinese international real estate website.

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BUSINESS

Daiwa pumping funds into two Thai joint ventures

Business, Kanana Katharangsiporn, Published on 06/09/2018

» Daiwa House Industry Co, one of Japan's largest homebuilders, will spend US$50-100 million on residential developments in Thailand over the next 5-10 years through joint ventures with SET-listed property firm Singha Estate Plc and its subsidiary.

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THAILAND

CP courts train candidates for consortium

Business, Kanana Katharangsiporn, Published on 04/09/2018

» ROME/PARIS: Thailand's agricultural conglomerate Charoen Pokphand Group (CP) is exploring the key global players in railway operations to be potential partners on the 200-billion-baht high-speed train project linking three airports, which is scheduled to open for bid submissions in November.

BUSINESS

Grand Unity postpones mid-tier condo launch

Business, Kanana Katharangsiporn, Published on 07/09/2018

» Condo developer Grand Unity Development Co, a subsidiary of SET-listed Univentures Plc (UV), plans to delay the launch of its mid-priced condominium project to the middle of next year, replacing it with a luxury building to tap into the growing high-end market.

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BUSINESS

Singha Estate changes development partners

Business, Kanana Katharangsiporn, Published on 07/09/2018

» SET-listed property firm Singha Estate Plc (S) has shifted to partner with Japanese contractor, Daiwa House Industry Co, for residential developments after joining Hong Kong-based investment firm Hongkong Land Ltd last year in a condominium project.

BUSINESS

Origin penetrating food business with joint venture

Business, Kanana Katharangsiporn, Published on 05/09/2018

» SET-listed developer Origin Property Plc will diversify into the food business, planning to spend 100 million baht next year to acquire or invest in three food chains after forming a joint venture with a food guru in the fourth quarter this year.

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BUSINESS

Blue Horizon touts guaranteed returns

Business, Kanana Katharangsiporn, Published on 12/09/2018

» Phuket-based Blue Horizon Developments Co remains committed to continuing guaranteed-return condominium development in Phuket to capitalise on the rising trend of investment buyers.

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BUSINESS

Foreign buyers cling to city condos

Business, Kanana Katharangsiporn, Published on 13/08/2018

» With relatively high down payments and more attractive gains and investment yields than those available in their home countries, foreign buyers are unlikely to shed their Bangkok condo units any time soon, say property analysts, developers and other experts.

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BUSINESS

Cissa to focus on high-end investment

Business, Kanana Katharangsiporn, Published on 16/08/2018

» Phuket-based residential developer Cissa Group has shifted to investment property development, planning to launch two high-end projects worth a combined 3.5 billion baht in Phuket with a yield guarantee of 6% in two years.

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BUSINESS

Dynasties co-invest in Thong Lor condo

Business, Kanana Katharangsiporn, Published on 16/08/2018

» The fourth generation of the Chearavanont and Athakravisunthorn families have co-invested in luxury residence development, starting with a condo project worth 4.8 billion baht in Soi Thong Lor.