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Developers call for clearer environmental reports

Business, Kanana Katharangsiporn, Published on 01/11/2023

» Condo developers are urging environmental impact assessment (EIA) reports to be reviewed based on clear standards, aiming to reduce subjective judgements because a delayed assessment process increases development costs.

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PROPERTY

Bangkok land price index up 3% in Q3

Kanana Katharangsiporn, Published on 02/11/2023

» The land price index in Greater Bangkok for the third quarter of 2023 increased 3% year-on-year, the lowest growth rate in seven quarters.

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Sansiri unveils new structure after departure of Srettha

Business, Kanana Katharangsiporn, Published on 03/11/2023

» SET-listed developer Sansiri has undergone a major restructuring since former chief executive Srettha Thavisin entered politics.

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Home price growth slows as steel dips

Kanana Katharangsiporn, Published on 30/10/2023

» The construction price index for standard homes increased by 1.5% year-on-year in the third quarter of 2023, continuing a four-quarter slowdown, with a major contributor being lower prices of steel and sanitaryware.

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Contractors push for tax incentive

Business, Kanana Katharangsiporn, Published on 31/10/2023

» The government should offer tax incentives to buyers of self-built homes as it can contribute to the economy, increase stamp duty revenue and deter irresponsible builders, says the Home Builder Association.

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Demand remains healthy for single detached houses

Business, Kanana Katharangsiporn, Published on 24/10/2023

» The single detached house market in Greater Bangkok has been robust since last year, resulting in a year-on-year increase in the price index for five consecutive quarters as demand is strong.

PROPERTY

FPT shifts focus to low-rise inventory

Kanana Katharangsiporn, Published on 21/10/2023

» SET-listed Frasers Property Thailand (FPT) plans to revise its business plan for 2024 and launch only one low-rise condo project in the fourth quarter this year, focusing instead on its inventory of low-rise houses because of negative factors.

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Singha to launch B5bn projects in Q4

Business, Kanana Katharangsiporn, Published on 17/10/2023

» SET-listed Singha Estate is planning to launch two new low-rise housing projects worth 5 billion baht in the fourth quarter, targeting a pricing segment of 15 million baht as buyers in this range are receiving a minimal impact from economic conditions.

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Condo prices suffer from glut

Business, Kanana Katharangsiporn, Published on 19/10/2023

» The price index of new condos in Nonthaburi and Samut Prakan declined for four consecutive quarters because of an oversupply of unsold units in older projects, primarily within price segments affected by negative factors.

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Charn Issara upbeat on revenue growth target

Business, Kanana Katharangsiporn, Published on 11/10/2023

» SET-listed Charn Issara Development is confident it can achieve its revenue growth target this year, driven by the recovery of the tourism sector and the completion of two condo projects this quarter.