Showing 1 - 10 of 32
More foreign ownership ‘could mean more illegal hotels’
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.
Chinese crucial to Phuket in Q4
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.
Tourism to steer CPN's H2 results
Molpasorn Shoowong, Published on 18/06/2024
» Retail and property developer Central Pattana Plc (CPN), the operator of Central malls, is banking on a tourism rebound to strengthen retail performance in the second half, especially in major cities.
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).
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.
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.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Land & Houses aiming to launch 11 projects
Kanana Katharangsiporn, Published on 17/01/2024
» SET-listed Land & Houses plans to launch 11 new residential projects worth a combined 30.2 billion baht, all of which are low-rise houses with most in the upper-end segment as condo supply remains plentiful.
Government urged to allay concerns over rate hikes
Kanana Katharangsiporn, Published on 04/01/2024
» As interest rates steady, the government should announce there will be no new rate hikes to bolster homebuyers' confidence amid an uneven economic recovery, says a property researcher.
Phuket adds 4 top-end villas
Business, Kanana Katharangsiporn, Published on 19/12/2023
» SET-listed Charn Issara Development launched four super-luxury villas priced between 250 and 300 million baht in the Sri Panwa project in Phuket, targeting affluent Thai, Chinese and Russian buyers.