Showing 1 - 10 of 23
BTS prepares B20bn condo projects
Business, Kanana Katharangsiporn, Published on 20/01/2026
» After receiving 36 billion baht last year from the Bangkok Metropolitan Administration for debt settlement, SET-listed BTS Group Holdings will develop two condo projects in the Srinakarin and Rangsit areas, comprising 12,000 units valued at 20 billion baht.
Luxury condos experience growth as Bangkok demand surges
Business, Kanana Katharangsiporn, Published on 04/11/2025
» Despite the global economic slowdown, Bangkok's ultra-luxury condo market continues to grow, fuelled by sustained demand from Thailand's wealthy elite and foreign investors, according to property consultancy Colliers Thailand.
Stecon ventures into property development
Business, Kanana Katharangsiporn, Published on 01/10/2025
» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.
Noble investor to take control
Business, Kanana Katharangsiporn, Published on 11/09/2025
» The co-chief executive of SET-listed Noble Development, currently its second-largest shareholder, is set to become its largest shareholder, with restructuring expected to be completed by mid-2026 as part of the company's transition plans.
Noble unlikely to meet target for presales
Business, Kanana Katharangsiporn, Published on 27/08/2025
» SET-listed Noble Development expects to miss its 2025 presales target of 13 billion baht, attributed to a sluggish economy and weak housing demand, prompting it to postpone new project launches from the second half of this year to 2026.
Noble slashes 2024 revenue projection
Business, Kanana Katharangsiporn, Published on 26/11/2024
» SET-listed developer Noble Development Plc has revised down its 2024 revenue target by 18% to 11.4 billion baht, from an initial projection of 14 billion baht, following lower-than-expected performance in its low-rise housing projects.
Foreign interest key to condo projects
Business, Kanana Katharangsiporn, Published on 04/06/2024
» SET-listed Noble Development plans to focus on foreign buyers for new condo projects in Bangkok as domestic demand remains sluggish.
Noble continues to tap overseas markets
Business, Kanana Katharangsiporn, Published on 19/01/2024
» After achieving a record high in overseas sales last year, SET-listed developer Noble Development will continue introducing ready-to-move-in condos priced below 5 million baht in locations familiar to foreigners to tap overseas markets this year.
Developers bullish on H2
Business, Kanana Katharangsiporn, Published on 18/08/2023
» SET-listed developers are hoping an economic recovery in the second half will help them achieve their performance goals this year after modest first-half results.
Chinese buyers gradually cool on Thailand as destination
Business, Kanana Katharangsiporn, Published on 15/08/2023
» Thailand dipped to fifth among destinations for Chinese property buyers, down one spot from last year and the top ranking in 2021, attributed to a sluggish recovery of travel and pricey flights.