Showing 1 - 10 of 42
No condo market recovery until 2027
Kanana Katharangsiporn, Published on 14/10/2025
» The Bangkok condo market is expected to rebound in 2027, as sluggish conditions are likely to persist through next year and the expected general election, according to property consultancy Cushman & Wakefield Thailand.
Ascott sees revenue and rates reviving next year
Business, Kanana Katharangsiporn, Published on 09/10/2025
» The Ascott Limited Thailand, the wholly owned lodging business unit of Singapore-based CapitaLand Investment, expects revenue, occupancy and room rates to recover in 2026, with plans to diversify into resort destinations such as Phuket and secure a management contract in Hat Yai.
Wealthy Chinese still keen on Thai property
Kanana Katharangsiporn, Published on 17/04/2025
» Wealthy Chinese buyers have shifted from the United States to Thailand for overseas homes, with Thailand rising from seventh to first place last year, though safety remains a concern.
ESR industry investments to top $1bn
Business, Kanana Katharangsiporn, Published on 04/02/2025
» ESR (Thailand), a joint venture between the Hong Kong-based ESR Group and Thai developer Asia Industrial Estate, is expected to exceed its initial investment budget of US$1 billion for 2023–2027 due to strong demand in the industrial sector.
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.
Amending property rules likely to spur sales
Business, Kanana Katharangsiporn, Published on 19/04/2024
» Amending obsolete rules regarding property development can improve home purchasing power, enabling homebuyers to afford units, say developers.
DAD eyes state construction projects
Business, Kanana Katharangsiporn, Published on 23/01/2024
» Dhanarak Asset Development (DAD) Co, a state enterprise under the Ministry of Finance, is diversifying to become a one-stop service provider for the construction of property for state agencies, with the aim of having at least two projects per year during the period 2024-27.
Developers call for clearer environmental reports
Business, Kanana Katharangsiporn, Published on 01/11/2023
» Condo developers are urging environmental impact assessment (EIA) reports to be reviewed based on clear standards, aiming to reduce subjective judgements because a delayed assessment process increases development costs.
CPN keen on Phuket condos
Kanana Katharangsiporn, Published on 11/09/2023
» SET-listed Central Pattana (CPN) plans to launch two new phases of Phyll Phuket, a condo project near Central Phuket Floresta, with 700 units worth a combined 3 billion baht next year as condo demand in Phuket remains robust, driven by the tourism sector.
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.