Showing 1 - 10 of 137
Orange Line delay hits condo project
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.
UHG allots B1bn for two mid-tier hotels
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.
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.
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.
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.
Developer eyes 20% revenue growth
Business, Kanana Katharangsiporn, Published on 18/01/2024
» SET-listed Singha Estate is aiming for a 20% revenue growth from 2023, targeting 18 billion baht by the end of 2024, with the hospitality business being the key driver, fuelled by a robust global tourism sector.
Looking for a place to hang your hat
Business, Kanana Katharangsiporn, Published on 09/12/2023
» Rental residential developer Homa is planning to spend 10 billion baht to build or acquire 5,000 rental units in Thailand, Indonesia, Vietnam and the Philippines over the next five years to capitalise on the trend among younger generations of consumers who prefer renting to owning a property.
Banyan Tree in B17bn Khao Yai project
Business, Kanana Katharangsiporn, Published on 10/10/2023
» Hospitality firm Banyan Tree Group has partnered with the owner of a 226-rai plot of land in Khao Yai to develop a branded residence project worth 17 billion baht, capitalising on strong post-pandemic demand for second homes.
Transit-oriented development up in the air amid challenges
Business, Kanana Katharangsiporn, Published on 30/08/2023
» Transit-oriented development (TOD) is facing challenges in terms of implementation due to the limitations of existing regulations and a lack of integration among government agencies, according to property developers.
Centara aims for world's top 100
Business, Kanana Katharangsiporn, Published on 22/07/2023
» Following the successful opening of Centara Grand Hotel Osaka in Japan this month, Centara Hotels & Resorts Plc is poised to mark another milestone in its business history.