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BUSINESS

Supalai buys old Australian embassy site

Business, Kanana Katharangsiporn, Published on 19/09/2017

» SET-listed developer Supalai Plc (SPALI) plans to develop a mixed-use project worth a combined 17 billion baht at the Australian embassy site on Sathon Road after successfully acquiring the plot for 1.45 million baht per square wah.

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BUSINESS

CP Land joint venture for Rayong project

Business, Kanana Katharangsiporn, Published on 21/09/2017

» CP Land Plc, the property arm of Charoen Pokphand Group, will partner with one of China's largest construction firms, Guangxi Construction Engineering Group, to jointly develop an industrial estate in Rayong by the end of the year with an initial spending of 10 billion baht.

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BUSINESS

The silver lining to ageing

Business, Kanana Katharangsiporn, Published on 25/09/2017

» Thailand is already an ageing society, with the percentage of its population aged 60 and older making up more than 10% of the total.

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BUSINESS

Pattaya's Habitat shifts focus to capital

Business, Kanana Katharangsiporn, Published on 04/10/2017

» Pattaya-based developer Habitat Group will shift to the Bangkok property market and plans to launch five new projects worth a combined 5 billion baht next year, aiming to achieve 3 billion in presales by the end of 2018.

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BUSINESS

Mitsubishi to lead AP innovations

Business, Kanana Katharangsiporn, Published on 06/10/2017

» TOKYO: After a four-year joint venture covering 11 condominium projects worth a combined 50.8 billion baht, SET-listed developer AP Thailand Plc is applying innovations from its Japanese partner Mitsubishi Estate Group, which will be used as its development standard going forward.

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BUSINESS

Prices rise in lower-end condo segment

Business, Kanana Katharangsiporn, Published on 10/10/2017

» The condominium units per square metre in the lower-end segment recorded the highest annual price increase in the third quarter, rising 13.7% because of limited launches in the segment.

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BUSINESS

Colliers: Tight lending no curb to new condo launches next year

Business, Kanana Katharangsiporn, Published on 11/10/2017

» New condominiums will continue to be launched next year with many property developers aiming to increase their sales, says property consultant Colliers International Thailand.

BUSINESS

Shinwa to splash out B2-3bn on assorted housing projects

Business, Kanana Katharangsiporn, Published on 12/10/2017

» After working out a joint venture condominium development project with a Thai partner earlier this year, Japanese construction firm Shinwa Group plans to develop townhouses, detached houses and retirement home projects worth 2-3 billion baht.

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BUSINESS

Minimal condo effects forecast

Business, Kanana Katharangsiporn, Published on 17/10/2017

» Last weekend's flash floods in Bangkok damaged cars and property at some condominium projects in the Sukhumvit area, but are unlikely to have a major impact on the condo market, say property experts.

BUSINESS

Foreign buyer warning sounded

Business, Kanana Katharangsiporn, Published on 19/10/2017

» Developers that sell many condo units to foreigners should be aware that such buyers may refuse to get the unit transferred if the price appreciation does not live up to expectations, says a property consultancy.