Posts Tagged ‘Property Development’

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Small property developers priced out of Singapore

Small property developers priced out of Singapore
Many small-sized Property developers are seeing themselves priced out by foreign companies and big players, as tender bids for government and private land reach record highs in the country. Full story

Pruksa expands land budget by B7bn: 32 launches planned worth a total of B25bn

Listed-developer Pruksa Real Estate Plc plans to invest a further 7 billion baht in purchasing land this year bringing the total investment to 11 billion. Full story

Charn Issara plans B1.6bn in projects

Charn Issara Development Plc this year plans to develop at least two projects worth a combined 1.6 billion baht, says managing director Songkran Issara. Full story

Developers ‘limited by land bank’

PROPERTY developers say they are eager to bring forward project launches to ride the buoyant market but are being held back by their limited land bank. Full story

Prinsiri projects wider margins

The property developer Prinsiri expects to increase its gross margins to 27% this year from 23% last year with the launch of new projects. Full story

Thai developer predicts 30 per cent rise in revenues during 2010.

Thai developer predicts 30 per cent rise in revenues during 2010.
Thailand’s third largest developer has said it is aiming for a 30 per cent rise in revenues during 2010 as a direct result of rising demand. Full story

Raimon Land plans large projects for Thai buyers

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. Full story

Anant still tops investor list with B16bn

Anant still tops investor list with B16bn
Anant Asavabhokin, the president of the property giant Land & Houses, is Thailand's wealthiest shareholder, with holdings worth 15.96 billion baht, according to Money and Banking magazine. Full story

Low Keng Huat posts Q3 net profit of S$16.6m

Low Keng Huat posts Q3 net profit of S$16.6m
Property developer and construction firm Low Keng Huat on Friday said its third-quarter net profit rose 28 per cent on-year to S$16.6 million. Full story

MahaNakorn sees full revival in 2010

The Israeli real estate company Industrial Buildings Corporation Ltd (IBC) is optimistic the Thai property market will fully recover by the end of next year, says chief executive Dalit Braun. Full story
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