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BUSINESS

TTB suggests co-programme between developers and banks

Business, Kanana Katharangsiporn, Published on 28/02/2022

» Residential developers should rent out their unsold supply and turn tenants into homebuyers by partnering with financial institutions amid tepid demand and excess supply, says TMBThanachart Bank.

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BUSINESS

Sansiri banking on lower-end condos

Business, Kanana Katharangsiporn, Published on 01/03/2022

» SET-listed developer Sansiri Plc will launch lower-end condo projects for sale a month before construction is completed and work with banks to ensure the transfer of units with lower mortgage loan rejections.

BUSINESS

Origin lines up 31 projects worth B42bn

Business, Kanana Katharangsiporn, Published on 02/03/2022

» SET-listed developer Origin Property Plc plans to launch 31 new residential projects worth a combined 42 billion baht and is eyeing 35 billion baht in presales and 17.5 billion baht in revenue.

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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

Office landlords face flood of new supply in ailing market

Business, Kanana Katharangsiporn, Published on 15/02/2022

» As the office market faces its worst net take-up rate, Bangkok landlords should modernise their properties and offer more flexible contracts to attract tenants before a huge amount of new supply floods in, according to property consultancy CBRE Thailand.

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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.

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BUSINESS

Strong demand seen for large condos

Business, Kanana Katharangsiporn, Published on 17/02/2022

» Demand for larger condominium units in the resale market is poised to remain strong this year as the prices of new projects in Bangkok are still high despite their smaller sizes, according to property consultant CBRE Thailand.

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BUSINESS

PF aims to launch 15 low-rise projects

Business, Kanana Katharangsiporn, Published on 18/02/2022

» SET-listed developer Property Perfect Plc (PF) plans to launch 15 low-rise housing projects worth a combined 26.2 billion baht, of which nearly half are joint ventures with Hongkong Land and Sumitomo.

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BUSINESS

Inflation rate dims REIC's recovery view

Business, Kanana Katharangsiporn, Published on 21/02/2022

» Despite a forecast of 25% growth in residential transfers this year, reaching the level attained in 2019 might take until 2024 because of the rising rate of inflation, according to the Real Estate Information Center (REIC).

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BUSINESS

Pruksa plans spending spree

Business, Kanana Katharangsiporn, Published on 22/02/2022

» SET-listed developer Pruksa Holding Plc (PSH) will invest 3.5 billion baht in property and healthcare technology startups to strengthen its core businesses and boost recurring income, after going through a restructuring and a clearance of its inventory over the past two years.