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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

  • C.P. Land banking on office acquisitions

    C.P. Land banking on office acquisitions

    C.P. Land Plc, a property arm of Charoen Pokphand Group, plans to acquire existing office towers to generate income quicker than investing in new developments.

    17 May 2019 at 04:00

  • Home loan slump

    Home loan slump

    The Finance Ministry is poised to ask the Bank of Thailand to ease new mortgage lending curbs following a considerable slump in housing loans.

    17 May 2019 at 04:00

  • Want a home in Thailand? You have 450,000 empty ones to choose from

    Want a home in Thailand? You have 450,000 empty ones to choose from

    A glut of condominiums as Thailand’s economy wavers and stricter mortgage-lending rules kick in is creating a buyer’s market in Bangkok.

    16 May 2019 at 09:31

  • S Hotels & Resorts IPO planned for Q3

    S Hotels & Resorts IPO planned for Q3

    SET-listed Singha Estate Plc (S) plans to increase asset growth by up to 100 billion baht within three years and has announced a listing plan for its hospitality subsidiary, with a thir...

    16 May 2019 at 04:00

  • Small developers urged to maintain liquidity and diversify

    Small developers urged to maintain liquidity and diversify

    With myriad challenges in the property market, small and medium-sized developers should focus on maintaining financial liquidity and diversify to non-residential development.

    16 May 2019 at 04:00

  • Tight market triggers tectonic shift

    Tight market triggers tectonic shift

    Tight lending rules continue to cast shadow over Bangkok's condominium market, forcing developers to diversify into recurring income properties.

    15 May 2019 at 11:30

  • Condo developers diversify into recurring income

    Condo developers diversify into recurring income

    The recent restrictive measures from the Bank of Thailand have continued to cast a shadow over Bangkok's condominium market since the beginning of this year. Condominium sales have...

    15 May 2019 at 04:00

  • Property market  faces challenges

    Property market faces challenges

    Credit quality of some developers may decline slightly amid expected slowdown in demand from both domestic and foreign buyers.

    14 May 2019 at 05:00

  • Shaky foundation

    Shaky foundation

    Recent government tax measures to prop up the housing market are unlikely to have much impact, though developers say the fee cuts are a good start.

    13 May 2019 at 06:30

  • High-rising sois

    High-rising sois

    Due to unscrupulous state officials and greedy real estate developers exploiting legal loopholes, many high-rises manage to spring up in narrow sois in Bangkok, posing environmental pro...

    12 May 2019 at 06:20