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Search Result for “foreign arrivals”

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PROPERTY

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.

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GENERAL

CPN, partners sink B1bn into mammoth sale

Business, Kanana Katharangsiporn, Published on 05/06/2024

» SET-listed Central Pattana (CPN), along with Central Group and partners, will invest over 1 billion baht to hold a major sale event to boost sales in the second and third quarters, aiming for a 25-30% increase in customer traffic across all its branches nationwide.

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

Tighter lending rules hinder condo market

Business, Kanana Katharangsiporn, Published on 13/02/2024

» The industrial and hotel sectors will continue to grow, unlike the condo market which will remain sluggish due to stricter rules for mortgage lending by banks, according to property consultant Knight Frank Thailand.

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PROPERTY

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.

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GENERAL

CPN anticipates 20% sales growth in first quarter

Business, Kanana Katharangsiporn, Published on 11/01/2024

» Driven by the Chinese New Year festival and the government's Easy E-Receipt scheme, SET-listed Central Pattana (CPN) expects retail sales growth of 20% in the first quarter, projecting a combined cash flow of 15 billion baht across all Central shopping mall branches.

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PROPERTY

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.

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PROPERTY

Russians spur Phuket luxury villa market

Business, Kanana Katharangsiporn, Published on 04/10/2023

» Increasing demand for luxury villas in Phuket from Russian buyers is driving new supply in the market to reach a record high this year, which could result in a glut.

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PROPERTY

Call for measures to boost Chiang Mai housing sector

Business, Kanana Katharangsiporn, Published on 13/09/2023

» The Chiang Mai housing market is expected to recover next year, but the government should implement measures to enhance home purchasing power, according to local developers.

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PROPERTY

Residential property set to rebound in Q4

Kanana Katharangsiporn, Published on 28/08/2023

» The residential market, which slowed in the first seven months because of an uncertain global economy, concerns over defaults on bond payments and a condo case, is projected to rebound in the fourth quarter driven by international buyers, says a developer.