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BUSINESS

Colliers condo outlook tepid

Business, Kanana Katharangsiporn, Published on 11/12/2018

» Developers should be more cautious about launching new condo supply next year as many negative factors will affect local demand and the Chinese -- the largest foreign buyer market -- will also slow down their purchases.

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BUSINESS

Property developers anxious about year ahead

Business, Kanana Katharangsiporn, Published on 07/01/2019

» Property developers should be more cautious about financial liquidity and new supply launches because residential presales and transfers are unlikely to be as robust as previously expected this year.

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BUSINESS

Consultant predicts strong office market

Business, Kanana Katharangsiporn, Published on 03/01/2019

» The office space market will continue to be robust over the next two years, with rents breaking historical records and demand expected to rise after the 2019 general election, according to property consultant Knight Frank Thailand.

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BUSINESS

REIC: Residential purchases to reduce speed

Business, Kanana Katharangsiporn, Published on 03/01/2019

» Residential developers should be more cautious with new supply launches in Greater Bangkok in 2019 as the absorption rate declines, leading the number of unsold units to exceed the five-year average, says the Real Estate Information Center (REIC).

BUSINESS

Lalin increases down payment collection in 2019

Business, Kanana Katharangsiporn, Published on 08/01/2019

» SET-listed developer Lalin Property Plc plans to raise down payment collection for new single house and townhouse projects being launched this year to 10-15% from its usual 5% to prepare customers for new lending curbs.

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BUSINESS

SRT land near Khon Kaen rail targeted

Business, Kanana Katharangsiporn, Published on 08/01/2019

» Property development on plots close to the Khon Kaen railway station owned by the State Railway of Thailand (SRT) should draw new demand and boost the economy in the province and region, say local developers.

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BUSINESS

Fynn remains committed to condo sector

Business, Kanana Katharangsiporn, Published on 09/01/2019

» Despite high competition and a slowing market, small developer Fynn Development Co will launch a new low-rise condo project worth 1.8 billion baht on Sukhumvit Soi 10 as it is confident about demand and supply at the location.

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BUSINESS

Knight Frank advises move away from condos

Business, Kanana Katharangsiporn, Published on 13/12/2018

» Condo developers should reduce new launches and look to different segments, diversifying to industrial estates, offices, hotels or overseas investments as condo demand next year is expected to shrink, says property consultant Knight Frank Thailand.

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BUSINESS

Singha turns to commercial acquisitions for revenue

Business, Kanana Katharangsiporn, Published on 18/12/2018

» SET-listed Singha Estate Plc (S), a property development arm under the Boon Rawd Brewery Group, will invest 17 billion baht to both develop and acquire four commercial projects during 2019-23 to boost revenue from recurring income to 50% from 30%.

BUSINESS

Command centre scoping Plus grounds

Business, Kanana Katharangsiporn, Published on 21/12/2018

» Property consultant Plus Property Co will link a 20-million-baht command centre with all residential projects developed by parent firm Sansiri Plc that are scheduled for completion starting next year.