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BUSINESS

AP tops presales, revenue aims

Business, Kanana Katharangsiporn, Published on 06/12/2018

» SET-listed residential developer AP Thailand Plc expects 43 billion baht in presales and 35 billion in revenue by the end of 2018, 10% higher than targeted, after 11-month presales overachieved.

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BUSINESS

Developers report mixed bag

Business, Kanana Katharangsiporn, Published on 15/11/2018

» Large listed developers are reporting mixed performance for revenues in the first nine months this year, with condos remaining a key growth driver.

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BUSINESS

Pruksa goes off-plan as LTV looms

Business, Kanana Katharangsiporn, Published on 14/11/2018

» SET-listed developer Pruksa Holding Plc (PSH) wants to increase the number of off-plan houses and high-rise condo projects in its portfolio to extend the down payment period and prepare customers for new loan-to-value (LTV) limits.

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BUSINESS

Park2go tempts plot owners

Business, Kanana Katharangsiporn, Published on 17/11/2018

» Thai app Park2go has launched a booking service to reserve parking spaces in a bid to attract landlords of vacant plots seeking to make money from their property ahead of the land and buildings tax taking effect in January 2020.

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BUSINESS

Singha Estate allocates B85bn 5-year budget

Business, Kanana Katharangsiporn, Published on 22/11/2018

» SET-listed Singha Estate Plc, a property development arm under the Boonrawd Brewery Group, will spend 85 billion baht in 2019-23 to develop residential and commercial projects, acquire hotels and offices, and invest in new businesses.

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BUSINESS

Sindhorn Village gets more hotels for recurring income

Business, Kanana Katharangsiporn, Published on 21/11/2018

» Siam Sindhorn Co has revised a development plan for Sindhorn Village, a mixed-use residential project worth 55 billion baht on a combined 56 rai on Lang Suan Road, to add more hotels as it aims to increase its short-term lease business.

BUSINESS

Elysian to launch residence and hotel

Business, Kanana Katharangsiporn, Published on 19/11/2018

» Thai resort and hotel firm Elysian Development Co will launch a hillside residential project in Chiang Dao, Chiang Mai over the next few years and build a hotel at its Swan Lake Khaoyai project.

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BUSINESS

Apex making B12bn splash in Krabi, Phuket

Business, Kanana Katharangsiporn, Published on 28/11/2018

» SET-listed Apex Development Plc will launch four new projects with hotel rooms and villas for sale in Krabi and Phuket worth a combined 12 billion baht in 2019 to capitalise on booming tourism in the two provinces.

BUSINESS

Origin to withhold middle-class condo offerings

Business, Kanana Katharangsiporn, Published on 27/11/2018

» SET-listed developer Origin Property Plc (ORI) will freeze launches of new condo projects for the middle class for at least two years, due to the new requirements on mortgage lending taking effect on April 1 deterring some buyers in this segment.

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BUSINESS

Kohler talks up smart mirrors, faucets

Business, Kanana Katharangsiporn, Published on 29/11/2018

» Kohler Co, an American sanitaryware and kitchenware producer, plans to introduce smart bathroom mirrors and kitchen faucets next year to boost its sales growth in Thailand to at least 10%.