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BUSINESS

Standard forecasts continuing tourism growth

Business, Kanana Katharangsiporn, Published on 12/12/2022

» Standard International, a hospitality subsidiary of SET-listed developer Sansiri, is expecting this year's strong tourism recovery to continue into 2023, with the resumption of the Chinese market a key driver.

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BUSINESS

UHG keen on mid-tier hotels

Business, Kanana Katharangsiporn, Published on 23/11/2022

» Commercial property developer UHG is continuing to tap the mid-range market with plans to open two new hotels over the next 12 months in Bangkok, one by the Chao Phraya River in Klong San and another in Ratchathewi.

BUSINESS

Sena diversifies as margin narrows

Business, Kanana Katharangsiporn, Published on 19/11/2022

» SET-listed Sena Development has diversified into other property-related businesses as the margin from residential development is lower and younger people are not buying houses.

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BUSINESS

Pruksa takes steps to boost housing revenue

Business, Kanana Katharangsiporn, Published on 15/11/2022

» SET-listed developer Pruksa Holding (PSH) is continuing its rent-to-own scheme and using cost management to increase housing revenue amid rising interest rates and higher construction costs affecting the majority of homebuyers.

BUSINESS

Ananda, SC see healthy 9 months

Business, Kanana Katharangsiporn, Published on 16/11/2022

» Residential transfers for SET-listed developers SC Asset Corporation and Ananda Development kept rising in the first three quarters as market sentiment improved.

BUSINESS

Avoiding Hong Kong's speculation trap

Business, Kanana Katharangsiporn, Published on 07/11/2022

» Policymakers looked at the experience of Hong Kong and a few other areas when debating the foreign land ownership bill.

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BUSINESS

Business leaders back U-turn on land sales

Business, Kanana Katharangsiporn, Published on 09/11/2022

» The government's decision to withdraw its proposal to sell land to prospective foreign investors has been supported by key business leaders, with the move seen as having no significant impact on the Thai property market.

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BUSINESS

Local property market lures large foreign players

Business, Kanana Katharangsiporn, Published on 29/10/2022

» Big players from overseas and local residential developers flocked to the Thai logistics market to capitalise on the sector's rise, with occupancy hitting an all-time high the past decade.

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BUSINESS

LTV changes set to hit housing market

Business, Kanana Katharangsiporn, Published on 05/11/2022

» The residential market will contract by 10% next year as the easing of loan-to-value (LTV) measures for mortgages expires on Dec 31, 2022, says SET-listed developer Supalai.

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BUSINESS

Weak pound lures Thais to buy properties in London

Business, Kanana Katharangsiporn, Published on 18/10/2022

» The British pound, which was the lowest in 20 months against the baht, might draw more wealthy Thais to purchase London properties, according to property consultant Knight Frank Thailand.