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Search Result for “net profits”

Showing 11 - 20 of 101

PROPERTY

SC Asset Corporation touts extending foreign leaseholds

Business, Kanana Katharangsiporn, Published on 18/06/2025

» With the residential market expected to contract for at least three years, Thailand should restore foreign tourist confidence to drive economic growth and extend leasehold ownership to at least 60 years to attract international buyers, according to SET-listed developer SC Asset Corporation.

PROPERTY

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.

PROPERTY

Developers suffer in Q1 amid stagnant economy

Business, Kanana Katharangsiporn, Published on 22/05/2025

» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.

PROPERTY

Frasers Property brings 31 luxury detached houses to market

Business, Kanana Katharangsiporn, Published on 14/05/2025

» SET-listed developer Frasers Property (Thailand) (FPT) has launched 31 single detached houses priced between 107 and 300 million baht in the Kaset-Nawamin area, aiming to tap into strong demand from ultra-high-net-worth individuals.

PROPERTY

Wealthy Chinese turn away from US real estate as Trump amps up trade war with Beijing

South China Morning Post, Published on 05/05/2025

» Wealthy mainland Chinese are increasingly shifting their attention and capital away from the United States to other real estate markets amid rising geopolitical tensions between Washington and Beijing, according to property agents.

PROPERTY

High-rise condo transfers set to plunge

Kanana Katharangsiporn, Published on 03/04/2025

» Transfers of high-rise condominiums in Greater Bangkok are expected to decline by 50%, while total condo transfers in the region may dip by 0.8% from 2024 in the aftermath of last week's earthquake, according to research and securities firms.

PROPERTY

Survival strategy of developers

Kanana Katharangsiporn, Published on 31/03/2025

» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.

PROPERTY

Condo developers struggle with B80bn debt mountain

Kanana Katharangsiporn, Published on 13/03/2025

» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).

PROPERTY

Bullish AP lines up 42 projects this year

Business, Kanana Katharangsiporn, Published on 28/02/2025

» SET-listed developer AP Thailand remains upbeat, planning to launch 42 new projects this year, the same number as last year, with a combined sales value of 65 billion baht, marking a 35% increase, the highest in the industry.

PROPERTY

Sansiri supports several projects

Kanana Katharangsiporn, Published on 03/02/2025

» Sansiri Plc has reinforced its leadership in sustainable property development by earning an AAA SET ESG rating in 2024, building on its consistent inclusion in the Thailand Sustainability Investment index since 2020.