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BUSINESS

Land prices see sizeable hike

Business, Kanana Katharangsiporn, Published on 10/02/2020

» Land prices in the fourth quarter of 2019 resumed double-digit growth as developers fled the intense condo market and chased plots to develop more low-rise housing projects.

BUSINESS

Consortium ready to start work on high-speed rail

Business, Kanana Katharangsiporn, Published on 08/02/2020

» Eastern High-Speed Rail Linking Three Airports Co Ltd, a consortium led by Charoen Pokphand Group, is ready to start the construction of high-speed rail, take over the operation of the Airport Rail Link (ARL) and train new staff for future service.

BUSINESS

No regrets for Pruksa's branding guru

Business, Kanana Katharangsiporn, Published on 08/02/2020

» When Supattra Paopiamsap was about to leave Unilever Thailand, one of the country's biggest makers of fast-moving consumer goods, she thought of a conversation with Thongma Vijitpongpun, Pruksa's executive committee chairman, that lingered in her mind.

BUSINESS

Landy applies dual strategy to homebuilding plan

Business, Kanana Katharangsiporn, Published on 06/02/2020

» Homebuilder Landy Home Thailand Co is embracing a two-pronged approach: lower-end units priced at less than 4 million baht and luxury houses priced at more than 15 million baht.

BUSINESS

Sathaporn treads carefully with foray into condo market

Business, Kanana Katharangsiporn, Published on 04/02/2020

» Property developer Sathaporn Estate Co has vowed a careful cash strategy in entering the slow condo market this year.

BUSINESS

Singha Estate aims at B30bn in revenue

Business, Kanana Katharangsiporn, Published on 31/01/2020

» SET-listed Singha Estate is ready to spend 73 billion baht for a five-year plan in residential development, hotels, commercial properties and renewable energy, aiming for 30 billion baht in revenue by 2024.

BUSINESS

Supalai upbeat on 30 new projects

Business, Kanana Katharangsiporn, Published on 29/01/2020

» SET-listed developer Supalai Plc remains bullish on a plan to spend 20 billion baht on land and construction of 30 new projects worth a combined 30 billion baht, as financial costs are less of a burden.

BUSINESS

YLP's last hurrah opens as owners change

Business, Kanana Katharangsiporn, Published on 29/01/2020

» YLP, a former subsidiary of financially strapped, SET-listed Pace Development Corporation, has opened Windshell Naradhiwas, a luxury condo worth 3 billion baht, the company's last project after Pace sold it to creditors last November.

BUSINESS

Capital One, KW team up for second-hand homes

Business, Kanana Katharangsiporn, Published on 24/01/2020

» Property agent Capital One Real Estate Co is expanding to second-hand homes, joining American property franchise Keller Williams to tap the 100-billion-baht market with a goal to share at least 5 billion baht.

BUSINESS

Siam Motors to build offices, golf course

Business, Kanana Katharangsiporn, Published on 23/01/2020

» Siam Motors Group, owned by the Phornprapha family, plans to invest more than 4 billion baht to develop a Grade A office tower near Siam skytrain station and an 18-hole golf course on Bang Na-Trat Road.