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Search Result for “net profits”

Showing 71 - 80 of 104

PROPERTY

AP rolls out lower-priced Good Day condo brand

Business, Kanana Katharangsiporn, Published on 14/11/2024

» SET-listed developer AP Thailand has launched a new condo brand for the lower-priced segment, featuring fully-furnished units aimed at capturing both real demand and investors seeking rental opportunities, despite a slowdown in this market.

PROPERTY

Condos to bounce back

Business, Kanana Katharangsiporn, Published on 23/11/2024

» After hitting bottom post-pandemic, Bangkok's condo market is set to rebound next year, with projects in outer areas continuing to perform well as existing stock is depleted because of price reductions by developers.

PROPERTY

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.

PROPERTY

Generation Rent

Business, Somruedi Banchongduang, Published on 02/12/2024

» Potential homebuyers from Gen Y and Z face significant obstacles to owning a home, with the primary one limited access to mortgages.

PROPERTY

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.

PROPERTY

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.

PROPERTY

Accor relies on growing middle class

Business, Molpasorn Shoowong, Published on 11/01/2025

» International hotel chain Accor is banking on India's growing middle class and elevated digital technology as it targets global net room growth of 5% this year.

PROPERTY

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.

PROPERTY

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.

PROPERTY

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.