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BUSINESS

CBD office occupancy rate decline set to persist

Business, Kanana Katharangsiporn, Published on 05/08/2021

» Following the extension to the lockdown until August, the office market slowdown will continue in the third quarter with a further decrease in occupancy rate, according to property consultant Edmund Tie & Co Thailand.

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BUSINESS

Developers crucial in sustainability effort

Business, Kanana Katharangsiporn, Published on 03/08/2021

» Real estate developers play an important role in green and sustainable development, with major players stepping up to invest in the concept.

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BUSINESS

Developers banking on wellness, health trends

Business, Kanana Katharangsiporn, Published on 07/06/2021

» Given the rise of wellness, health and senior living trends, property developers and construction materials producers are jumping on board to capture demand, which is expected to surge in the post-pandemic recovery.

BUSINESS

CPN set to develop four plots

Business, Kanana Katharangsiporn, Published on 28/05/2021

» SET-listed Central Pattana Plc (CPN), a property and retail developer, is looking to develop several mixed-use projects and residential projects on four land plots formerly owned by Grand Canal Land after acquiring them three years ago.

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BUSINESS

Charn Issara to open Baba Beach Club in two months

Business, Kanana Katharangsiporn, Published on 21/05/2021

» SET-listed developer Charn Issara Development Plc (CI) plans to open phase two of Baba Beach Club Hua Hin, a 47-room hotel, in the next two months as it is confident vaccination rollout will boost domestic tourism.

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BUSINESS

Experts urge flexible home design amid new trends

Business, Kanana Katharangsiporn, Published on 20/05/2021

» As the Thai economy and property market recover by the end of next year, housing developers should accelerate the transformation of properties in order to catch up with changing behaviours triggered by the pandemic and related megatrends, according to experts.

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BUSINESS

PSH maintains its targets for this year

Business, Kanana Katharangsiporn, Published on 18/05/2021

» Despite a rise in Covid-19 infections, SET-listed developer Pruksa Holding Plc (PSH) is maintaining its presale and revenue targets for this year as it has low-rise houses and online channels as key drivers.

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BUSINESS

Montara Group joins wellness travel trend

Business, Kanana Katharangsiporn, Published on 13/04/2021

» PHUKET: With the rise of medical tourism, Montara Hospitality Group is branching out from luxury resorts and developing a new wellness resort and residence worth 6.6 billion baht in Phuket.

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BUSINESS

Phuket developer touts guaranteed yield strategy

Business, Kanana Katharangsiporn, Published on 05/04/2021

» PHUKET: With the pandemic ravaging the tourism industry and slowing the property market on the islands, a local developer is pivoting to a guaranteed yield strategy, aiming to sell to buyers and rent to uncertain workers.

BUSINESS

Giant firms call for jab options

Business, Kanana Katharangsiporn, Published on 18/03/2021

» Thailand should allow more options for Covid-19 inoculations to speed up the reopening scheme, or else more layoffs will come in the second half, warns the Mall Group and Sansiri.