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Search Result for “tourism”

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PROPERTY

Motion to extend property support measures

Business, Wichit Chantanusornsiri, Published on 12/07/2022

» Finance Minister Arkhom Termpittayapaisith has signalled the possible extension of the property support measures to help spur the recovery of the sector.

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PROPERTY

Supalai suggests interest rate cut to stimulate more growth

Business, Kanana Katharangsiporn, Published on 10/05/2024

» The residential market has improved following the implementation of property measures last month, but interest rates should be cut to further stimulate growth, especially in the lower-income segment, according to SET-listed developer Supalai.

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PROPERTY

Foreign condo sales top pre-Covid level

Published on 04/04/2024

» Chinese and Russians topped the list of foreign buyers of condominiums in Thailand last year, with visa waivers and geopolitical conflict driving demand above pre-Covid levels, according to the Real Estate Information Center (REIC).

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PROPERTY

Tycoon's property unit sees earnings jump on tourism boom

Bloomberg News, Published on 26/03/2024

» A Thai developer of hotels and shopping malls controlled by Thailand's richest man expects the recent surge in international tourists to boost its first quarter earnings this year.

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PROPERTY

Developers project 10% residential gain

Business, Kanana Katharangsiporn, Published on 22/03/2024

» The residential market this year is expected to grow by 10%, even though eased loan-to-value (LTV) limits were not approved, and interest rates might not decrease soon, according to property developers.

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PROPERTY

Residential demand slows greatly in Chiang Mai

Kanana Katharangsiporn, Published on 18/03/2024

» Residential demand in Chiang Mai began slowing in the second half of 2023 and has continued through the first two months of this year, largely attributed to shrinking purchasing power caused by the economic slowdown and higher interest rates.

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PROPERTY

Russians control residential leasehold segment in Phuket

Business, Kanana Katharangsiporn, Published on 15/03/2024

» The value of residential units in Phuket leased long-term by the top 10 foreign nationalities almost tripled to 12.8 billion baht in 2023, mainly driven by Russian buyers fleeing the conflict in Europe as the foreign quota for condos was filled in many areas of the island.

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PROPERTY

Overwhelmed by success

Published on 11/03/2024

» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.

PROPERTY

JLL sees commercial real estate prospering in 2024

Business, Kanana Katharangsiporn, Published on 29/02/2024

» The commercial property sector will continue to be robust as the growth seen in tourism and manufacturing sectors in 2023 is expected to continue this year, according to property consultant Jones Lang LaSalle (Thailand) Limited (JLL).

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PROPERTY

Centara adds 5 properties in bid to boost hotel footprint

Business, Published on 15/02/2024

» Centara Hotels & Resorts has added five properties to its diverse portfolio in a drive to strengthen its footprint in Thailand and Vietnam.