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UHG bags Ekkamai plot for mid-tier hotel
Business, Kanana Katharangsiporn, Published on 12/11/2024
» Commercial property developer UHG continues its acquisition of prime plots of land, leasing a one-rai site on Soi Ekkamai currently occupied by an apartment complex in order to invest 600 million baht in the development of a mid-tier hotel, prompted by enforcement of the land and building tax.
Phuket posts over 10% rental yield
Kanana Katharangsiporn, Published on 30/10/2024
» The rental residential market in Phuket has generated an annual yield of more than 10% this year, driven by the ongoing tourism and property boom, which has fuelled high demand for short- and long-term rental properties in prime areas.