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Iris Group winds back revenue target

Iris Group winds back revenue target

Mid-sized developer Iris Group has shifted to the upper-end residential segment and revised down its revenue target for this year by a third, due to the economic and market slowdown.

04 Jul 2019 at 04:00

All Stories

  • AP readies 39 sites worth B56.8bn

    AP readies 39 sites worth B56.8bn

    SET-listed developer AP (Thailand) Plc plans to launch 39 new projects worth a combined 56.8 billion baht in 2019, aiming for 10% growth in presales to 45 billion by year-end.

    13 Feb 2019 at 07:08

  • Property glut

    Property glut

    Property experts believe we're in for a 'price correction' because of a massive oversupply of unsold land and condos in Bangkok's inner city.

    13 Feb 2019 at 08:48

  • Charn Issara says luxury market strong

    Charn Issara says luxury market strong

    Charn Issara Development Plc is upbeat about strong demand in the luxury housing market as the new lending curbs by the Bank of Thailand will not affect this segment.

    12 Feb 2019 at 04:00

  • FPO certain of organic land laws

    FPO certain of organic land laws

    The Fiscal Policy Office (FPO) has expressed confidence that 20 organic laws for the land and buildings tax will sail through government scrutiny.

    11 Feb 2019 at 05:30

  • Ananda budgets B20bn for 2019 launches

    Ananda budgets B20bn for 2019 launches

    SET-listed Ananda Development Plc (ANAN) will allocate 20 billion baht to develop 10 new projects valued at 38 billion baht this year.

    07 Feb 2019 at 04:00

  • IEAT optimistic on EEC industrial estate sales

    IEAT optimistic on EEC industrial estate sales

    The Industrial Estate Authority of Thailand (IEAT) is confident it can achieve its 2019 land sales goal of 3,500 rai after it sold 720.75 rai worth 5.56 billion baht in the first quarte...

    07 Feb 2019 at 06:00

  • New star on the corridor

    New star on the corridor

    Bang Saray has emerged as an attractive location for commercial property development, benefiting from Eastern Economic Corridor, improved transport and Pattaya density.

    06 Feb 2019 at 12:25

  • Pattaya continues rise as development hotspot

    Pattaya continues rise as development hotspot

    A shift to the south dovetails nicely with the government's plans for the EEC.

    06 Feb 2019 at 04:00

  • Property downgrade possible

    Property downgrade possible

    The property sector could face a credit rating downgrade resulting from slower economic growth denting corporate earnings and weakening financial conditions, says an institutional inves...

    06 Feb 2019 at 10:11

  • Housing market hit

    Housing market hit

    A senior banker predicts a 10% drop in the property market this year because of tighter lending rules but also because Chinese condo buyers are losing interest.

    04 Feb 2019 at 06:30