Posts Tagged ‘economic slowdown’

Japanese agent taps rentals

Japanese agent taps rentals
Strong Japanese demand for rental condominiums has prompted the Japanese property agent Siam Kotobuki Co Ltd to move into property development, with the launch of a 600-million-baht building in Soi Thong Lor 25, said managing director Seita Hagiwara. Over its 15 years in the housing agency business, the ... Full story

Property firms bite bitter pill

Property firms bite bitter pill
Third quarter results likely to trail second quarter as buyers defer decision Property firms will face hard times in the last quarter of this year as homebuyers may delay their decision to invest in residential projects beginning in the third quarter, according to research by Asia Plus Securities. Asia Plus Securities senior executive director ... Full story

Developers shift focus to smaller projects

Developers shift focus to smaller projects
Firms revise business plans to boost sales and cash flow Property companies have revised their strategies and will develop smaller residential projects to speed up their sales in the last quarter of the year until next year because of the negative impact of the country's political turmoil and global economy slump, property experts ... Full story

Firms build land banks as owners drop prices

Firms build land banks as owners drop prices
Thailand's leading property companies have started to accumulate plots from landowners as well as small- and medium-sized developers at prices that are 10 to 15 per cent lower than last year's. Full story
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