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PROPERTY

AssetWise aims for 8% rise in presales this year

Kanana Katharangsiporn, Published on 09/02/2024

» SET-listed developer AssetWise plans to launch 12 new residential projects worth a combined 25.9 billion baht in Bangkok, eastern provinces and Phuket, aiming to achieve 17.8 billion baht in presales by year-end, representing an 8% increase.

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PROPERTY

Myanmar buyers look beyond Bangkok

Kanana Katharangsiporn, Published on 08/02/2024

» Property buyers from Myanmar shopping in Thailand are seeking residential units in Phuket and Chiang Mai, attracting a developer from the nation to invest in a single detached house project in Chiang Mai province.

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PROPERTY

Standard preps Hua Hin, Phuket projects

Business, Kanana Katharangsiporn, Published on 07/02/2024

» Hospitality firm Standard International is planning to launch two projects of The Standard Residences in Phuket and Hua Hin in the second quarter, with combined sales of 8.5 billion baht, aiming to achieve a 60% target in presales.

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PROPERTY

First phase of Laguna Lakelands unveiled

Kanana Katharangsiporn, Published on 05/02/2024

» Hospitality firm Banyan Group has launched the first phase of Laguna Lakelands, a 700-rai project worth US$2 billion.

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PROPERTY

Bangkok land prices set for record

Business, Kanana Katharangsiporn, Published on 01/02/2024

» The land price per square wah in Bangkok is expected to reach a new record high of more than 4 million baht for a plot on Ploenchit Road owned by the Sukosol family being purchased by Central Group, according to a source in the property industry who requested anonymity.

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PROPERTY

Lalin targets flat sales growth in year ahead

Business, Kanana Katharangsiporn, Published on 30/01/2024

» SET-listed housing developer Lalin Property is continuing with a cautious approach, with plans to launch 8-12 new projects worth a combined 7-8 billion baht while aiming for flat growth in terms of sales, considering the ongoing negative factors.

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PROPERTY

LH rejigs towards recurring income

Kanana Katharangsiporn, Published on 27/01/2024

» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.

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PROPERTY

FPT focusing on buildings with recurring income

Business, Kanana Katharangsiporn, Published on 25/01/2024

» SET-listed developer Frasers Property (Thailand) (FPT) will continue to weigh its portfolio with a focus on recurring income properties, particularly in the industrial sector, as the residential market is hamstrung by negative factors.

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PROPERTY

Supalai bolsters investment in domestic, Australian markets

Business, Kanana Katharangsiporn, Published on 26/01/2024

» SET-listed developer Supalai is bullish on the domestic and Australian residential markets, planning to invest 12.6 billion baht to expand 12 projects in Australia and launch a record high of 42 new projects worth 50 billion in Thailand.

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PROPERTY

Sansiri to launch 46 residential projects

Business, Kanana Katharangsiporn, Published on 24/01/2024

» As global uncertainties persist, SET-listed developer Sansiri will launch 46 new residential projects worth a combined 61 billion baht and aims for a transfer growth of 10% to 43 billion baht by year-end.