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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

  • Citizenship gift

    Citizenship gift

    Stateless 17-year-old thanks authorities for giving her Thai citizenship so she can participate in an international academic contest in the United States next month.

    09 May 2019 at 16:52

  • Pruksa refocuses on mid-tier condos

    Pruksa refocuses on mid-tier condos

    Pruksa Real Estate has downshifted to middle-end condos to capture real demand and investment buyers amid a sluggish market.

    09 May 2019 at 04:00

  • Buy or bye

    Buy or bye

    The cabinet has approved cutting both housing transfer and mortgage fees to spur buying after critics said the previous measure would have a minimal impact on the market.

    08 May 2019 at 07:56

  • Italthai's hotel hopes

    Italthai's hotel hopes

    Italthai Group is focused on expansion and investment, preparing a multi-billion-baht budget to double revenue to 30 billion baht by 2021.

    07 May 2019 at 04:00

  • Condo joint ventures trending

    Condo joint ventures trending

    More foreign developers have been coming to Thailand to form joint ventures with Thai developers in recent years.

    03 May 2019 at 08:08

  • Noble eyes Chinese buyers

    Noble eyes Chinese buyers

    Noble Development Plc looks set to boost sales from Chinese buyers, divest its commercial properties, clear its condo inventory and expand to outer city locations.

    03 May 2019 at 04:00

  • New era for housing market

    New era for housing market

    Unsold stock and tight lending rules put pressure on Bangkok condominium market, forcing developers to shift focus to low-rise housing market where demand is real.

    02 May 2019 at 10:48

  • New China wave

    New China wave

    Condo demand from Chinese remains strong as units near educational institutions and medical services attract a new wave of buyers, according to property agents.

    02 May 2019 at 07:09

  • Tax perk's impact seen as minimal

    Tax perk's impact seen as minimal

    The government's latest tax perk for property will likely have a minimal impact on the housing market because only a handful of homebuyers will qualify for benefits.

    02 May 2019 at 04:00

  • Tax perks add property

    Tax perks add property

    Tax deductions of up to 200,000 baht will be offered for buyers of homes and condos worth up to 5 million baht as part of the new economic stimulus measures.

    01 May 2019 at 07:26