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Low Cost Units Push Thai Profits Down

Category: Real estate, Posted:03 Jul 2013 | 06:00 am

Thailand's listed property developers continue to see strong sales growth but in many cases the flow through to the bottom line is not being achieved.
Two key deterrents to the 'flow through' are spiraling construction costs and sales and marketing.
Thailand is still seeing strong inflation pressure, which is pushing commodities and labor higher.
In addition a key trend is that the low cost small condo's have skinny margins and there is very little room for doubt if project costs overrun.
For now the broad market is seeing increased competition and the battle of the bottom line is being hit hard.

Other News

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More Than One Sandbox? WTF

Category: Tourism, Posted:22 Jun 2021 | 06:00 am Yes, nine days to go to the Phuket Sandbox and things are slowly becoming more clear. Baby steps and the island is getting ready despite waiting for the final set of rules and regulations. For now, it’s coming and we simply can’t wait. Meanwhile in Phuket: Catch the latest Thai Road Trip episode from Delivering […]
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Koh Samui To Follow Phuket In International Reopening

Category: Tourism, Posted:19 Jun 2021 | 16:29 pm Leading tourism news out of Thailand has the government’s CCSA (Centre for Covid-19 Situation Administration approve in principal a plan to open a sealed route to Samui in mid-July. The plan covers the three islands of Koh Samui, Koh Tao and Koh Phangan and would require travelers to first stay in an ASQ hotel for […]
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Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]