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Search Result for “By Prak Chan Thul, Andrew R.C. Marshall and Amy Sawitta Lefevre / Reuters”

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BUSINESS

Singha Estate keeps emphasis on hotels

Business, Kanana Katharangsiporn, Published on 07/03/2026

» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.

BUSINESS

Hotel sector braces for challenging year

Business, Kanana Katharangsiporn, Published on 10/02/2026

» Thailand's hotel sector will remain highly challenging in 2026, pressured by multiple factors, including uncertainty in key foreign markets amid global geopolitical risks and the continued strength of the baht, according to Kasikorn Research Center.

PROPERTY

Mass transit propels Bangkok vacant land prices

Business, Kanana Katharangsiporn, Published on 22/11/2024

» Mass transit has lifted the price index of vacant land in Greater Bangkok, signalling a recovery in the property market, with further price increases anticipated in 2025, according to the Real Estate Information Center (REIC).

PROPERTY

Eastern Economic Corridor demand driving growth in industrial land market

Business, Kanana Katharangsiporn, Published on 22/10/2024

» The serviced industrial land market in the first half of 2024 experienced growth across the board, with increases in new supply, land sales, sales rates and asking prices, primarily driven by demand in the Eastern Economic Corridor (EEC).

PROPERTY

Foreign demand spurs luxury condo launches

Business, Kanana Katharangsiporn, Published on 15/10/2024

» At least four new condo projects in the luxury and super-luxury segments are set to launch in inner-city Bangkok locations between next month and mid-2025, driven by a limited supply this year and strong demand from foreign buyers.

PROPERTY

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.

PROPERTY

Chewathai preps B600m for land, 4 new projects

Business, Kanana Katharangsiporn, Published on 16/02/2024

» MAI-listed developer Chewathai is preparing 600 million baht to acquire new land plots and launch four residential projects worth a combined 3.7 billion baht, aiming for a 5% increase in revenue to reach 2 billion baht this year.

PROPERTY

Luxury home segment signals excess of supply

Business, Kanana Katharangsiporn, Published on 03/01/2024

» The luxury home segment has started to signal an excess of supply, while middle to upper end low-rise houses should enjoy higher demand as mass transit lines expand to outer-city areas, says a property consultancy.

PROPERTY

Singha to launch B5bn projects in Q4

Business, Kanana Katharangsiporn, Published on 17/10/2023

» SET-listed Singha Estate is planning to launch two new low-rise housing projects worth 5 billion baht in the fourth quarter, targeting a pricing segment of 15 million baht as buyers in this range are receiving a minimal impact from economic conditions.

PROPERTY

Charn Issara upbeat on revenue growth target

Business, Kanana Katharangsiporn, Published on 11/10/2023

» SET-listed Charn Issara Development is confident it can achieve its revenue growth target this year, driven by the recovery of the tourism sector and the completion of two condo projects this quarter.