Showing 1 - 10 of 226
Sansiri anticipates record net profit
Business, Kanana Katharangsiporn, Published on 07/12/2022
» SET-listed developer Sansiri is expecting to secure a record-high net profit in 2022, besting the 3.5 billion baht posted in 2015, resulting from its strategy to maximise cash flow during the pandemic.
Developers' Q1 profits plunge to decade-low
Business, Kanana Katharangsiporn, Published on 04/06/2025
» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.
Thai developers' profits set to plunge this year
Business, Kanana Katharangsiporn, Published on 13/12/2024
» The combined profits of listed housing developers are expected to decline by more than 10% this year compared with 2023, driven by intense market competition and aggressive discount campaigns to capture dwindling demand.
Sansiri project targeted to woo high net worth Thais
Business, Kanana Katharangsiporn, Published on 08/06/2018
» SET-listed developer Sansiri Plc plans to launch a super-luxury single house project, Baan Sansiri Pattanakarn 30, worth 3 billion baht, to tap high net worth Thais, a segment it believes has been growing.
Ananda readies seven projects worth B18.6bn
Business, Kanana Katharangsiporn, Published on 12/03/2024
» Despite carrying unsold condo units ready to transfer worth a total of 33 billion baht, SET-listed Ananda Development is planning to launch seven new projects worth a combined 18.6 billion baht this year.
Experts see residential recovery next year
Kanana Katharangsiporn, Published on 22/11/2023
» The residential market won't recover until 2024 due to mortgage loan approval issues, particularly in the mass market which has been affected by higher interest rates, according to property experts.
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.
Built Land plans post-IPO growth
Business, Kanana Katharangsiporn, Published on 05/05/2018
» Property developer Built Land Plc looks set to place an initial public offering (IPO) through the Stock Exchange of Thailand next year, aiming to expand its residential development business in both the low-rise housing and condominium segments.
Prospect allocates B22bn for expansion
Business, Kanana Katharangsiporn, Published on 03/04/2024
» Factory and warehouse developer Prospect Development Co will invest 22 billion baht between 2024 and 2028 to add new space covering 1.25 million square metres in total, with the aim of capitalising on growing demand in the market.
Proud broadens base via condo project acquisitions
Business, Kanana Katharangsiporn, Published on 14/06/2023
» Proud Real Estate Plc is set to fill a projected revenue gap in 2024 by acquiring two condo projects jointly valued at 8.6 billion baht from Noble Development Plc.