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Industry’s Quick Overview

Friday, June 5th, 2009

The Thailand’s real estate industry at present has been dominated by the top 8 companies which occupy more than the 60% of total market share or approximately 120,000 Million Baht from the total market cap of 200,000 Million Baht. Strong balance sheets and excellent cash positions are now allowing those top companies to purchase development [...]

B5bn vote of confidence from Israel

Friday, June 5th, 2009

Source - Bangkok Post Website
May 28, 2009
Pace mixed-use project worth B18bn
The Israeli investor Fishman Group has cast a vote of confidence in Thailand, planning to invest 5 billion baht in a property joint venture with Pace Development.
The partners will develop the MahaNakhon mixed-use project worth a total of 18 billion baht near the [...]

AP raises 2009 target by 10%

Friday, June 5th, 2009

Source - Bangkok Post Website
May 25, 2009
CEO: Sentiment begins to improve
Listed developer Asian Property Development Plc (AP) has raised its 2009 revenue target by 10% and will launch 12 projects worth a total of 21.27 billion baht by the first quarter of 2010.
Market sentiment improved in May, despite the riots in mid-April, [...]

Bangkok CitiSmart looking forward the 3rd year of success by focusing more

Wednesday, March 18th, 2009

Asian Property Development subsidiary, Bangkok CitiSmart has targeted sales revenue to rise 56 percent to 2.5 billion Baht this year. In doing so, the company will expand its sales team, in order to focus more on reselling condominium units and attract investment from bank depositors searching for higher returns.
Mr. Pumipat Sinachareon, CEO, Bangkok CitiSmart Co., [...]

Bangkok CitiSmart welcomes all Broker to the Open-House

Wednesday, March 18th, 2009

Bangkok CitiSmart and its alliances recently held its open house party at The Address Chidlom. The event has aimed to maximize the capability of selling the rental units for The Address Chidlom. The participants include more than 50 numbers of the real estate brokers in Bangkok and featuring the site touring, which consists of the [...]

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