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PROPERTY

Seacon banks on civil servants

Kanana Katharangsiporn, Published on 26/02/2025

» Homebuilder Seacon continues to target civil servants amid the economic slowdown, aiming to achieve 1.69 billion baht in sales this year, growth of 12% yet less than its peak of 2 billion baht.

BUSINESS

Top developers to launch projects worth B93bn in H2

Business, Kanana Katharangsiporn, Published on 16/08/2024

» The top three residential developers -- AP Thailand, Sansiri and Supalai -- are maintaining their plans to launch 73 projects worth a combined 93 billion baht in Greater Bangkok and the provinces during the second half of this year, following a strong performance in the second quarter.

PROPERTY

UHG allots B1bn for two mid-tier hotels

Business, Kanana Katharangsiporn, Published on 01/08/2024

» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.

PROPERTY

Price index of vacant land dips in Q2

Kanana Katharangsiporn, Published on 26/07/2024

» The price index of vacant land in Greater Bangkok declined in the second quarter of this year compared to the first quarter, primarily due to the slow economic recovery and a downturn in the residential market.

PROPERTY

Buyers without borders

Kanana Katharangsiporn, Published on 01/07/2024

» The cabinet last month resurrected the controversial issue of offering more welcoming residential property measures for foreign buyers.

PROPERTY

Sansiri targets strong condo markets

Kanana Katharangsiporn, Published on 17/06/2024

» SET-listed developer Sansiri plans to continue with its condo business strategies to cope with slow economic growth, focusing on strong demand and strategic locations in all pricing segments.

PROPERTY

Supalai, Huawei join forces on solar rooftops

Kanana Katharangsiporn, Published on 28/03/2024

» As the cost of solar rooftop installation has decreased, SET-listed developer Supalai expects to install 15,000 solar rooftops at its projects nationwide by 2028 through a partnership with Huawei to incorporate digital technology.

PROPERTY

Influx of mixed-use projects poised to transform market

Business, Kanana Katharangsiporn, Published on 05/03/2024

» An influx of new property supply from 10 world-class mixed-use development projects located in the central business district (CBD) is set to transform Bangkok and Thailand, according to property consultant Jones Lang LaSalle (Thailand) (JLL).

PROPERTY

Bangkok land prices set for record

Business, Kanana Katharangsiporn, Published on 01/02/2024

» The land price per square wah in Bangkok is expected to reach a new record high of more than 4 million baht for a plot on Ploenchit Road owned by the Sukosol family being purchased by Central Group, according to a source in the property industry who requested anonymity.

BUSINESS

Hotel eyeing 80% occupancy

Business, Kanana Katharangsiporn, Published on 31/01/2024

» Courtyard by Marriott Bangkok Suvarnabhumi Airport, a new hotel owned by members of the Jiaravanont and Lamsam families, aims to achieve an 80% occupancy rate in its first year, given its strategic location that attracts a varied segment.