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GENERAL

Bluport adds convention hall to Hua Hin mall

Business, Kanana Katharangsiporn, Published on 04/07/2024

» Hua Hin Asset, the developer and operator of Bluport Hua Hin Resort Mall, is adding a 3,000-square-metre convention hall to attract new target visitors and tenants, aiming to boost occupancy to 90% and reach the break-even point within three years.

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PROPERTY

Property rules could mimic Singapore

Business, Kanana Katharangsiporn, Published on 03/07/2024

» The government should ensure Thais can afford homes and should limit the areas for extending foreign ownership of condos to specific zones, even within a single province, to avoid opposition, says a property research firm.

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PROPERTY

Ananda hit by Myanmar sale failures

Business, Kanana Katharangsiporn, Published on 02/07/2024

» SET-listed Ananda Development disposed of shares in five serviced apartments worth a combined 2.54 billion baht to realise revenue in the second quarter after condo sales to buyers from Myanmar were unable to be transferred the past few months.

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PROPERTY

Buyers without borders

Kanana Katharangsiporn, Published on 01/07/2024

» The cabinet last month resurrected the controversial issue of offering more welcoming residential property measures for foreign buyers.

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PROPERTY

Frasers Property allots B25bn for expansion

Kanana Katharangsiporn, Published on 27/06/2024

» SET-listed Frasers Property (Thailand) (FPT) plans to spend 25 billion baht from 2025 to 2029 to expand its industrial business in Thailand, Vietnam and Indonesia, capitalising on the growth of foreign direct investment (FDI) in Southeast Asia.

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PROPERTY

'No effect' from increasing foreign ownership quota

Kanana Katharangsiporn, Published on 24/06/2024

» An increase in the foreign ownership quota for condos to 75% is unlikely to significantly impact the Thai property market or economy as very few condo projects have reached the quota, an analyst said.

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GENERAL

Creating an intelligent design

Business, Kanana Katharangsiporn, Published on 22/06/2024

» Bangkok design firm DWP claims to have revolutionised the Thai architectural industry by integrating artificial intelligence (AI) into its design processes, enhancing efficiency, and positioning itself at the forefront of Thailand's design landscape.

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PROPERTY

Bangkok townhouse sales plunge

Business, Kanana Katharangsiporn, Published on 22/06/2024

» New sales of Greater Bangkok townhouses plummeted in the first quarter of 2024 to a 12-year low, nearing levels following the severe floods of 2011, largely attributed to weak demand in the middle to lower-end segments.

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PROPERTY

Frasers shifts focus to high-priced homes

Kanana Katharangsiporn, Published on 18/06/2024

» Residential developer Frasers Property Home (Thailand) (FPH) is focusing on high-priced segments for new launches and will adjust product prices at existing projects to cope with the market slowdown.

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PROPERTY

Sansiri targets strong condo markets

Kanana Katharangsiporn, Published on 17/06/2024

» SET-listed developer Sansiri plans to continue with its condo business strategies to cope with slow economic growth, focusing on strong demand and strategic locations in all pricing segments.