Contractors & Builders
CapitaLand, City Developments Drop as Singapore Imposes Curbs on Mortgages
CapitaLand Ltd. and City Developments Ltd. led declines among Singapore’s homebuilders amid concern the government’s latest effort to curb speculation in the housing market will hurt genuine demand.
U.S. Homebuilders Gain a Little Confidence in FebruaryJOSEPH LAZZARO Daily Finance 16.02.2010 | |
More encouraging news on the housing front, as the National Association of Home Builders Housing Market Index -- boosted by the federal homebuyer tax credit -- unexpectedly rose to 17 in February from 15 in January -- the first gain in five months for the index. This measure gathers builders' perceptions of current single-family sales, sales expectations for the next six months and traffic of prospective buyers. Readings over 50 indicate that more builders view sales conditions as good than poor. | |
Builders use green technology to overhaul empty propertiesClaire Lane IPB Communications 15.02.2010 | |
Fourpattana unveils its latest strategy, i.e. “Next To..Fourpattana Group”, for 2010 following its successful restructure of its organization in order to prompt the company for all home building segments. As parts of its preparation for its 30th anniversary, the company has set an annual sale target of 615 million Baht in 2010 while pushing Fourpattana Interior to actively seek more shares in interior market. Given its successful track record and growing market awareness, the company will maintain its policy to use event marketing as its winning tool to reach out to its customers and is launching its new campaign, i.e. “Open Love Box and Get Red Pouch”, to stimulate purchasing power in 1H10. | |
Biggest Thai Home Builder Moving Abroad to Expand CompanyBrian Mertens Forbes 04.02.2010 | Homebuilders Turn to Private Equity for Financing (Update1)John Gittelsohn Bloomberg 21.01.2010 |
The success of one Thai property tycoon might owe less to bricks and mortar than to fish guts. Growing up in the coastal province of Chonburi 40 years ago, Thongma Vijitpongpun would help his father hawk fish maw soup from a pair of hampers slung on a shoulder pole, selling to a clientele of laborers. | |
At trade show, U.S. homebuilders hope to find financingHelen Chernikoff Reuters 20.01.2010 | Builders investible as 2011 outlook warmsAndrew Macdonald and Lorraine Turner Reuters 19.01.2010 |
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