Archive for May, 2009

Sales recover after a slow second half last year

Sales recover after a slow second half last year
Political battles and gamesmanship have had a far-reaching impact on every economic sector, including large property developers such as Charn Issara Development (CI). Full story

Ananda launches Soi 38 condo

Ananda launches Soi 38 condo
The property developer Ananda Development Co Ltd yesterday launched the 2.7-billion-baht Ideo Morph 38 condominium to tap demand in the Sukhumvit-Thong Lor area, where the supply of new units is scarce, said president and chief executive Chanond Ruangkritya. Full story

Tri Property keen on Chaeng Watthana

Tri Property keen on Chaeng Watthana
The new developer Tri Property Co aims to tap rising population density in Chaeng Watthana with the debut of the 250- million-baht project Proud of Chaengwatthana. Full story

12 projects to be launched this year

12 projects to be launched this year
Asian Property Development will spend Bt10 billion on 12 residential projects worth Bt21.27 billion this year after delaying new launches since last year's fourth quarter. Full story

Property Perfect bets on recovery by Q4

Property Perfect bets on recovery by Q4
Expressing confidence that government stimulus measures will bring a recovery in the property sector by the fourth quarter, Property Perfect Plc (PF) plans to launch eight projects worth at least 10 billion baht within the first half of this year. Full story

A Bump in the Road for the Phuket Housing Market

A Bump in the Road for the Phuket Housing Market
Phuket has come to be known as the island of million-dollar homes in light of heavy investments by wealthy foreigners in recent years. The growth is at the high-end property market at the moment, though pockets of activity remain. Full story

Expectations of an upturn in Phuket have been pushed back to 2010

Expectations of an upturn in Phuket have been pushed back to 2010
Property players in Phuket are acknowledging the impact of fresh political turmoil in Thailand and the global recession and downgrading their expectations of a recovery from the third and fourth quarters of this year to 2010. Full story

Townhouses in tropical style from Prinsiri

Townhouses in tropical style from Prinsiri
Prospective home-owners looking for a townhouse designed in tropical style may find Baan Prin Ram-Indra-Watcharaphon, by Prinsiri, to their liking, with prices starting at Bt1.99 million per unit. Full story

Developers concentrate on Watcharaphon-Ram-Indra

Developers concentrate on Watcharaphon-Ram-Indra
Bangkok's residential development spotlight has shifted to the city's northeastern suburbs, where under the pressures of changing consumer demand in the current tough economic climate, property developers are rushing to compete on what they see as the city's most promising location. Full story
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