Showing 21 - 30 of 225
ESR industry investments to top $1bn
Business, Kanana Katharangsiporn, Published on 04/02/2025
» ESR (Thailand), a joint venture between the Hong Kong-based ESR Group and Thai developer Asia Industrial Estate, is expected to exceed its initial investment budget of US$1 billion for 2023–2027 due to strong demand in the industrial sector.
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.
Supply glut likely to keep prices attractive
Business, Kanana Katharangsiporn, Published on 21/01/2025
» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.
Office oversupply hits Bangkok occupancy rates
Kanana Katharangsiporn, Published on 15/01/2025
» The Ploenchit-Chidlom-Wireless corridor, Bangkok's second-largest sub-market, has seen occupancy rates decline from a peak of 95% in 2019 to 76% today, primarily due to a surge in office supply, according to property consultant Knight Frank Thailand.
Land & Houses seen taking more cautious approach
Business, Kanana Katharangsiporn, Published on 14/01/2025
» A weak market in the fourth quarter of 2024 could lead Land & Houses (LH) and its subsidiary, Quality Houses (QH), to adopt a more cautious approach to new project launches in 2025, according to Kasikorn Securities.
Parents, expats drive up condo demand
Kanana Katharangsiporn, Published on 24/12/2024
» Condos near international schools in Bangkok have become highly sought after, attracting a diverse mix of Thai parents, expats and teachers, with Siam-Nana, Asoke-Ekkamai and Silom-Sathorn being the top three locations.
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.
Proud eager to enter the Phuket market
Business, Kanana Katharangsiporn, Published on 05/12/2024
» SET-listed developer Proud Real Estate plans to launch three new residential projects worth a combined 9.2 billion baht next year, including its first venture in Phuket to capitalise on the booming luxury residential market.
Rivalry builds in Bangkok office market
Business, Kanana Katharangsiporn, Published on 03/12/2024
» Bangkok's office market must balance a growing supply pipeline of 1.1 million square metres of lettable space with shifting tenant demands, intensifying competition among landlords in an increasingly dynamic environment.
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.