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Search Result for “net profits”

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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

Housing prices expected to remain flat

Business, Kanana Katharangsiporn, Published on 27/02/2024

» Housing prices this year will remain flat as the market is forecast to be unfavourable, with an overwhelming number of unsold units and many developers seeking to cash in.

PROPERTY

LPN eyes condo revenue of B5bn

Kanana Katharangsiporn, Published on 26/02/2024

» SET-listed L.P.N. Development aims to generate revenue of 4.5-5 billion baht from its condo inventory totalling 11 billion baht by offering discounts, as the carrying cost of inventory is 4% per year, says the new top executive.

PROPERTY

AP set to launch 48 new developments

Business, Kanana Katharangsiporn, Published on 22/02/2024

» SET-listed developer AP Thailand plans to launch 48 new projects worth a combined 58 billion baht, a lower sum than last year, aiming for growth of 10-11% in presales to 57 billion baht, with revenue rising to 53.7 billion.

PROPERTY

Pruksa preps 30 projects worth B29bn

Business, Kanana Katharangsiporn, Published on 20/02/2024

» SET-listed developer Pruksa Holding (PSH) is planning to launch 30 new residential projects worth a combined 29 billion baht, with a shift to the upper-priced segment to balance those in the lower-end market affected by negative factors.

PROPERTY

Surge in new office supply to prompt rejig

Business, Kanana Katharangsiporn, Published on 15/02/2024

» As around 1.4 million square metres of new office space is slated for completion between 2024 and 2026, landlords of existing office space should renovate or add new amenities to retain their existing tenants as new office towers will seek to attract both new clients and tenants of existing properties looking to relocate.

PROPERTY

Tighter lending rules hinder condo market

Business, Kanana Katharangsiporn, Published on 13/02/2024

» The industrial and hotel sectors will continue to grow, unlike the condo market which will remain sluggish due to stricter rules for mortgage lending by banks, according to property consultant Knight Frank Thailand.

PROPERTY

Supalai bolsters investment in domestic, Australian markets

Business, Kanana Katharangsiporn, Published on 26/01/2024

» SET-listed developer Supalai is bullish on the domestic and Australian residential markets, planning to invest 12.6 billion baht to expand 12 projects in Australia and launch a record high of 42 new projects worth 50 billion in Thailand.

PROPERTY

Scope poised to roll out B3bn condo project in Sukhumvit

Kanana Katharangsiporn, Published on 24/01/2024

» Luxury developer Scope Co plans to launch a new condo project, Scope Thonglor, worth 3 billion baht with only 18 units, each occupying an entire floor and priced from 200 million baht, aiming to achieve 1.65 billion baht in sales during the launch period.

PROPERTY

DAD eyes state construction projects

Business, Kanana Katharangsiporn, Published on 23/01/2024

» Dhanarak Asset Development (DAD) Co, a state enterprise under the Ministry of Finance, is diversifying to become a one-stop service provider for the construction of property for state agencies, with the aim of having at least two projects per year during the period 2024-27.