Showing 1 - 10 of 12
Business, Nareerat Wiriyapong, Published on 04/09/2024
» The Narongdej family is fully committed to Raimon Land's (RML) ongoing capital increase, says the company's chairman, noting that the completed and ongoing projects of the listed luxury property developer would generate more than 30 billion baht in revenue over the next 1-3 years.
Business, Molpasorn Shoowong, Published on 28/08/2024
» Selling shares of US-based lifestyle hotel Standard International will drive net profit to reach a new high this year for SET-listed developer Sansiri.
Nuntawun Polkuamdee, Published on 21/08/2024
» Shares of Sansiri Plc (SIRI) rose by nearly 5% on Wednesday after Thailand’s leading property developer announced an agreement to sell shares of the US-based lifestyle hotel Standard International to the Hyatt group for US$355 million.
Molpasorn Shoowong, Published on 13/08/2024
» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.
Business, Kanana Katharangsiporn, Published on 06/08/2024
» The delayed opening of the Orange Line, which will run between Thailand Cultural Centre and Min Buri, has affected the development and launch of retail and commercial properties, but demand for condos on Ramkhamhaeng Road remains strong.
Business, Kanana Katharangsiporn, Published on 01/08/2024
» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.
Kuakul Mornkum, Published on 31/07/2024
» The reduced purchasing power of consumers affected the Thai real estate sector in the first half of 2024 and hit the electrical appliance sector, according to Panasonic Solutions (Thailand) Co Ltd, a business arm of Japanese multinational electronics appliance maker Panasonic.
Business, Kanana Katharangsiporn, Published on 16/07/2024
» C.P. Land Plc, a property firm owned by the CP Group, plans to launch nine new residential projects worth a combined 11.3 billion baht in Bangkok and major provinces over the next 12 months, with one third being in the high-end segment.
Kanana Katharangsiporn, Published on 08/07/2024
» August will be a critical month to gauge the number of Chinese tourists in Phuket during the fourth quarter, as the condo market on the island is projected to have the highest launch of new supply in its history.
Published on 27/06/2024
» MontAzure is setting new standards in luxury beachfront living, combining residential, commercial, and hospitality components to create a world-class destination on Kamala Beach. The project is a joint venture between three prominent property and hotel investment groups in Asia: the Narai Group (Thailand), ARCH Capital (Hong Kong), and Philean Capital (Singapore), part of the Pontiac Land Group. Each partner brings unique strengths to the venture, bolstering MontAzure’s stature as a premier beachfront community in Thailand and Asia.