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BUSINESS

Habitat shifts to low-rise as condo demand declines

Business, Kanana Katharangsiporn, Published on 14/08/2020

» Property developer Habitat Group plans to shift to low-rise residential development to target real demand as the condo market faces tepid growth for a few years.

BUSINESS

Online helps Noble retain China sales

Business, Kanana Katharangsiporn, Published on 15/08/2020

» A shift to online platforms helped boost condo sales to Chinese buyers during the lockdown period as they embraced the new channel and Thai properties remained their preference, says SET-listed Noble Development Plc.

BUSINESS

Supalai veers out of conservatism

Business, Kanana Katharangsiporn, Published on 15/08/2020

» Conservative developer Supalai is continuing its overseas investment to diversify risk and capitalise on its financial advantages after exploring far-flung destinations in Australia, the Philippines, Vietnam and Malaysia.

BUSINESS

JLL urges hotels, retailers to cut costs, seek backups

Business, Kanana Katharangsiporn, Published on 20/08/2020

» The hotel and retail sectors should prepare for stringent cost-cutting and find alternative income sources for as long as there is no coronavirus vaccine, as it will take two years for businesses to resume as usual, according to property consultant JLL Thailand.

BUSINESS

Major treads gently with condo launches

Business, Kanana Katharangsiporn, Published on 21/08/2020

» SET-listed Major Development will continue its conservative strategy, launching only one big and one small project this year because of myriad uncertainties.

BUSINESS

PSH preps 3-pronged strategy

Business, Kanana Katharangsiporn, Published on 24/08/2020

» SET-listed developer Pruksa Holding Plc (PSH) will re-market some launched projects, tap Chinese buyers and promote precast factories for outside jobs in the hopes of seeing a market recovery in the second half.

BUSINESS

The cocoon of the future

Business, Kanana Katharangsiporn, Published on 24/08/2020

» Spacious areas, internet reliance, extra time at home and health consciousness will be new trends in post-Covid life, according to research on changing behaviour.

BUSINESS

Bhiraj launches office solutions to retain edge

Business, Kanana Katharangsiporn, Published on 27/08/2020

» Commercial real estate developer Bhiraj Buri Group has launched office solutions to retain existing tenants amid competition from an influx of future office supply projected for completion.

BUSINESS

Pattaya's new condo supply sags

Business, Kanana Katharangsiporn, Published on 07/09/2020

» New condo supply launched in Pattaya dipped 95% in the first half because of the glut of unsold units last year and a drop in foreign demand during the pandemic.

BUSINESS

Country Group puts new projects on hold

Business, Kanana Katharangsiporn, Published on 09/09/2020

» SET-listed Country Group Development is freezing new development plans in the second half but says it will still open two luxury hotels this year.