Showing 1 - 7 of 7
Housing set to remain stagnant in 2026
Business, Kanana Katharangsiporn, Published on 09/12/2025
» The residential sector is expected to remain challenging for developers in 2026, weighed down by weak consumer confidence and a sluggish economy, continuing the soft momentum seen in the first nine months of 2025, when revenue and profit declined.
Supply glut likely to keep prices attractive
Business, Kanana Katharangsiporn, Published on 21/01/2025
» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.
LPN eyes condo revenue of B5bn
Kanana Katharangsiporn, Published on 26/02/2024
» SET-listed L.P.N. Development aims to generate revenue of 4.5-5 billion baht from its condo inventory totalling 11 billion baht by offering discounts, as the carrying cost of inventory is 4% per year, says the new top executive.
L.P.N. to offer virtual house tours
Business, Kanana Katharangsiporn, Published on 12/10/2023
» SET-listed residential developer L.P.N. Development plans to use augmented reality (AR) and virtual reality (VR) to introduce new low-rise housing projects, reducing the preparation time before launching in response to rising costs.
LPN jittery over delays to new government
Business, Kanana Katharangsiporn, Published on 25/05/2023
» The delay in the establishment of the new government may lead to a lack of confidence among financial institutions, which in turn could impact the consideration and approval of home loans, according to SET-listed developer L.P.N. Development.
Developers take a hit as LTV easing ends
Business, Kanana Katharangsiporn, Published on 18/05/2023
» The expiration of the easing of loan-to-value (LTV) limits has had an impact on two-thirds of listed developers, resulting in residential sales revenue declining year-on-year in the first quarter of 2023.
L.P.N. aiming for B1bn in profit annually
Business, Kanana Katharangsiporn, Published on 22/02/2023
» SET-listed developer L.P.N. Development Plc aims to attain 10 billion baht in revenue and 1 billion baht in net profit every year from now until 2026 after revenue fell to 5.6 billion baht in 2021 -- the lowest level in 15 years.