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PROPERTY

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.

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PROPERTY

CPN eyes 20% growth for residential unit

Business, Molpasorn Shoowong, Published on 28/06/2024

» SET-listed Central Pattana (CPN) is targeting 20% annual growth for its residential property business in the coming years, while aiming for 7 billion baht in revenue in 2024 via the high-spending domestic segment in the provinces.

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PROPERTY

Seacon forecasts 10-15% revenue growth

Molpasorn Shoowong, Published on 08/02/2024

» Seacon, one of the country's oldest homebuilders, says demand for large homes and an improving economy will help drive revenue this year to 2.3 billion baht.