SC Asset plans double-digit growth to Bt20 bn revenue

SC ASSET Corporation targets revenue of Bt20 billion in 2019 as it drives income growth of more than 10 per cent a year. It is launching 17 residential projects worth Bt27 billion this year.

Chief executive officer Nuttaphong Kunakornwong told a news conference yesterday that the company targeted total income of Bt14.8 billion and sales revenue of Bt16 billion this year, the latter up by 38 per cent.

Six projects will be launched in the first half of this year, worth a total of Bt14 billion. Four are detached-housing projects and the other two are condominiums.

Innovative design firms as the key challenge

ONE of the main challenges for property firms next year is to develop innovative homes by focusing on the energy-saving concepts, accommodation that caters to an increasingly ageing society, and intelligent residences under the digital theme, according to experts.

“The trend for residential development in the future has to be concerned about value creation for customers,” said Lersuk Chuladesa, co-chief executive officer of Pruksa Real Estate.

Home-buyers are now more aware of the benefits of purchasing something that is functional, well-designed and offers more innovative features to suit their needs, especially homes that serve the requirements of three generations of family members – namely, seniors, the younger generation and children.

CP Land plans to open nine new hotels

MOST OF THE PROPERTIES WILL BE IN THE BUDGET SEGMENT UPCOUNTRY

CP LAND, the property arm of Charoen Pokphand Group, plans to open nine new hotels over the next three years.

They will be in Rayong, Buri Ram, Loei, Nakhon Ratchasima (in Korat city and the Khao Yai area of Pak Chong district), Nakhon Si Thammarat, and other provinces.

The approximate budget for the new developments is expected to be more than Bt2.2 billion.

How to guarantee the Quality Of your Property in Thailand

Most properties in today’s booming housing market have been primped up and stylized to look as impressive as possible to lure you as buyer. The goal is to make them look neat, modern and strong at first glance. However, as a buyer you need to be able to know the truth behind the cosmetics and the safety and quality conditions house/villa or condo you are about to build, buy from a development or buy from a previous owner. Here are a few tips and tricks to ensuring that you are investing in quality workmanship. In addition to asking for the help of your property agent, it is important for you to also do your own research on various parameters through which you can judge the quality of the property. e.g. quality of interior design and architectural design, brand names of electrical appliances and kitchen/bathroom fixtures…etc.

10 Expert tips for Buying Property in Thailand

We asked top experienced property gents in Thailand for some assistance on compiling the following list of expert tips on Property searching in Thailand. This is what they had to say:

1. Do your research.
Make sure that you go to Thailand, especially if it has been a long time since you have travelled there. The landscape in Thailand is continuously evolving and it is important that you know which city, area or island that you wish to buy property on, as well as and learning as much as you can about the people and culture. Learn how to say 'hello' and thank you – it can go far into helping you be well-liked by property sellers, developers, government officials…etc

How to set up your business in Thailand

Here is how you can set up your business (Be sure to use a reliable Lawyer)

Step 1: Reservation of a Company Name
All Thai Limited Company names must follow the guidelines of set forth by the Ministry of Commerce to make sure that no names are immoral, similar to other companies or misleading. You will have to submit 3 possible names in order of preference and you’ll receive notice of approval in 3 days.

How to Buying Property in Thailand

Buying Property in Thailand, buying a home in Thailand for investment, vacation or retirement purposes may be one of the most important decisions you might make in your lifetime. Some expatriates that are looking to purchase property in Thailand are scared off by the often cumbersome restrictions relating to foreigners owning property. But, fear not – the process of buying a property from the first property search to the day you move in can be easy if you have the correct resources and information found in this brochure.