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BUSINESS

Hotel investment recovery forges ahead

Business, Kanana Katharangsiporn, Published on 16/02/2022

» Hotel investment continues to be robust with sales volume this year expected to be 30% higher than the 10-year average pre-pandemic amount, the second consecutive year of growth, according to property consultant JLL.

BUSINESS

Fewer deals as land demand dips

Business, Kanana Katharangsiporn, Published on 09/02/2022

» Slowing condo launches and extremely high land prices in inner city areas led to a year-on-year increase in land prices in Bangkok during the fourth quarter last year as it saw the lowest growth in a decade, according to property consultant CBRE Thailand.

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BUSINESS

SC Asset planning to launch 27 projects

Business, Kanana Katharangsiporn, Published on 11/02/2022

» SET-listed developer SC Asset Corporation plans to invest 40 billion baht to launch new residential projects worth a combined 130 billion baht during 2022-25, aiming for revenue of 100 billion baht over four years.

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BUSINESS

Seacon seeks 28% sales growth in 2022

Business, Kanana Katharangsiporn, Published on 27/01/2022

» Homebuilder Seacon aims for 28% sales growth this year to 2.4 billion baht as the homebuilding market resumes, with high-priced houses a key driver.

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BUSINESS

Foreigners savouring investment potential

Business, Kanana Katharangsiporn, Published on 04/02/2022

» Despite inbound travel difficulty, foreign investors are still looking to acquire warehouse facilities and manufacturing property as an investment, according to property consultant CBRE Thailand.

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BUSINESS

N.C. to focus on popular low-rise housing

Business, Kanana Katharangsiporn, Published on 02/02/2022

» SET-listed developer N.C. Housing plans to keep launching new low-rise houses, with five projects slated for three locations worth a combined 4.5 billion baht, to capture rising demand in the sector.

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BUSINESS

Home prices set to surge in 2022

Business, Kanana Katharangsiporn, Published on 01/02/2022

» Higher inflation, a labour shortage and the rising prices of fuel and construction materials will drive new home prices higher this year after the housing price index kept declining since the first quarter of 2020.

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BUSINESS

Grand Unity preps trio of projects worth B2.5bn

Business, Kanana Katharangsiporn, Published on 01/02/2022

» Grand Unity Development, a condo development subsidiary of SET-listed Univentures Plc, plans to launch three new condo projects worth a combined 2.5 billion baht after freezing launches for over two years.

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BUSINESS

AP lines up 65 projects worth B78bn

Business, Kanana Katharangsiporn, Published on 28/01/2022

» SET-listed developer AP Thailand plans to launch 65 new projects worth a combined 78 billion baht this year, the largest tally in the market, with units priced from 1.8 to 50 million baht.

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BUSINESS

CBRE says Covid still stymies market

Business, Kanana Katharangsiporn, Published on 28/01/2022

» The ongoing pandemic will continue to hamstring the property market this year, keeping it reliant on local demand as foreign travel remains sluggish, according to property consultant CBRE Thailand.