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BUSINESS

2 developers buoyed by presale boost

Business, Kanana Katharangsiporn, Published on 15/05/2018

» Low-rise houses have helped presales growth at two SET-listed property developers -- AP (Thailand) and Sansiri Plc -- leading the former to revise the number of its new low-rise housing project launches this year.

BUSINESS

Rate hike may harm condos

Business, Kanana Katharangsiporn, Published on 30/04/2018

» A possible hike in interest rates may weaken demand for investment purchases of condominiums, causing some buyers to baulk at having their purchase units transferred, warn a property analyst and developer.

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BUSINESS

Nonthaburi city plan road limits queried

Business, Kanana Katharangsiporn, Published on 01/05/2018

» Three real estate associations Monday asked government agencies to review the draft of Nonthaburi's city plan, citing new regulations that may make housing units unaffordable for lower-income earners.

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BUSINESS

UMI aims to cover tile market

Business, Kanana Katharangsiporn, Published on 03/05/2018

» Thai tiles are expected to recover to growth this year after a contraction in 2017, but higher competition is anticipated, particularly from Chinese products, says Union Mosaic Industry Plc (UMI).

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BUSINESS

Construction firms pin rebound hopes on EEC

Business, Kanana Katharangsiporn, Published on 04/05/2018

» Construction material producers have high hopes that the government's flagship Eastern Economic Corridor (EEC) project and the planned general election next year will turn their fortunes around after a sluggish few years.

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BUSINESS

Built Land plans post-IPO growth

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

» Property developer Built Land Plc looks set to place an initial public offering (IPO) through the Stock Exchange of Thailand next year, aiming to expand its residential development business in both the low-rise housing and condominium segments.

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BUSINESS

Riverside luxury prices soar

Business, Kanana Katharangsiporn, Published on 08/05/2018

» A shortage of land and new supply of high-end condos on the banks of the Chao Phraya River has driven luxury residential prices to rise by 80% on average from 2014-18, says property consultant JLL Thailand.

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BUSINESS

Sukhumvit still popular with buyers

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

» Despite a large condominium supply, the Sukhumvit area remains attractive to buyers, capturing a sales rate of about 70% as of the first quarter of this year, property consultant CBRE Thailand says.

BUSINESS

Bang Sue area plans being formed to lure investment

Business, Kanana Katharangsiporn, Published on 10/05/2018

» The government is being urged to promote the establishment of an urban development corporation, amend some city zone regulations and extend the period of leasehold contracts to make developments surrounding Bang Sue station more attractive for investment.

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BUSINESS

Pruksa looks abroad for condo buyers

Business, Kanana Katharangsiporn, Published on 11/05/2018

» SET-listed developer Pruksa Holding Plc (PSH) looks set to boost sales through overseas sales agents, the B2B channel, a buyer referral programme and a resale scheme, as well as winning back former customers, a strategic move to retain market share and leadership.