Showing 1 - 10 of 22
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.
Mortgage terms may be extended
Kanana Katharangsiporn, Published on 10/07/2024
» The Ministry of Finance is planning to hold discussions with commercial banks about the possibility of extending the home loan repayment period to a maximum age of 85 among borrowers in an effort to stimulate local demand amid the economic slowdown.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Cabinet endorses property stimulus
Business, Published on 10/04/2024
» The cabinet on Tuesday approved fresh property measures, including new cuts of the transfer fee and raising the limit for home and condo prices eligible for the transfer and mortgage registration fee benefits to 7 million baht, up from the current level of less than 3 million.
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.
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.
Hoteliers unfazed by China's property woes
Business, Molpasorn Shoowong, Published on 24/08/2023
» Thai hotel companies are to forge ahead with their expansion plans as they remain unfazed by mainland China's real estate slump, though purchasing power must be monitored for any declines, according to Dusit International.
Thanasiri open to partnership model
Business, Kanana Katharangsiporn, Published on 13/05/2023
» MAI-listed developer Thanasiri Group is open to partnerships with investors and landlords as the land and building tax nudges owners to utilise their assets.
Zoning shift for Natai Beach spurs hope
Business, Kanana Katharangsiporn, Published on 08/05/2023
» Based on its proximity to Phuket and its airport, Natai Beach is poised to become an international tourist destination, with several property developers ready to start their projects once a new town plan comes into effect.