Raimon Land plans large projects for Thai buyers

The listed developer Raimon Land will continue building luxury condominiums but with a new focus on larger projects and Thai buyers, a shift from its previous focus on foreigners, says chief executive Hubert Viriot. The previously troubled company has almost completed a financial restructuring, resolved its “internal issues” and is…Continue reading

Thailand property market: Positive signs for low and middle segments

Thailand’s second largest property developer, Preuksa Real Estate Plc, says its sales figures for the first two months of 2009 have improved markedly since December 2008, and the firm is now targeting sales of Bt3 billion for the first quarter of this year. Continue reading