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Search Result for “Middle East developments”

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PROPERTY

Supalai joins forces with SISB for Rangsit housing project

Business, Kanana Katharangsiporn, Published on 02/04/2026

» SET-listed developer Supalai has joined hands with Singapore International School (SISB) for its Rangsit project following a land acquisition of more than 300 rai, its largest in years, aiming to attract housing demand from parents seeking proximity to quality education.

PROPERTY

Mideast expats eye Thai luxury homes

Business, Kanana Katharangsiporn, Published on 01/04/2026

» The conflict in the Middle East has begun to prompt expatriates working in the region, as well as buyers from affected countries, to seek ready-to-move residential units in beach destinations, particularly Phuket.

BUSINESS

Minor banking on asset‑light model

Business, Kanana Katharangsiporn, Published on 24/03/2026

» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.

PROPERTY

Cautious developers to cut Bangkok housing launches

Kanana Katharangsiporn, Published on 16/03/2026

» New residential supply launched in Greater Bangkok this year is expected to continue to decline after hitting a multi-year low in 2025, as a large amount of inventory remains unsold and developers become more cautious about investment.

PROPERTY

Noble keen to maintain its asset-light strategy

Business, Kanana Katharangsiporn, Published on 13/03/2026

» SET-listed Noble Development plans to maintain its asset-light strategy by seeking partners for joint ventures in new projects and investors to purchase rental condo units, a business it launched late last year.

PROPERTY

Built To Build rules out price hikes despite soaring oil costs

Business, Kanana Katharangsiporn, Published on 12/03/2026

» Homebuilder Built To Build Group says it will freeze prices for contracted clients despite rising oil prices fuelled by war in the Middle East, expressing confidence the conflict will subside by the end of this month.

PROPERTY

Sansiri confident amid global turmoil

Kanana Katharangsiporn, Published on 11/03/2026

» Construction costs for housing and condo projects already launched remain largely unaffected by global uncertainties, although a prolonged rise in oil prices could push up building costs for new developments, says SET-listed developer Sansiri.

PROPERTY

Aira Capital banking on leasehold developments

Business, Kanana Katharangsiporn, Published on 25/02/2026

» MAI-listed Aira Capital Group continues to focus on property investment on leasehold land, with plans to invest 2.3 billion baht to develop the DoubleTree by Hilton Bangkok Silom hotel, as well as 1 billion baht for a wellness residential project in a tourist destination.

PROPERTY

Lalin targets 5% growth in presales, revenue

Business, Kanana Katharangsiporn, Published on 12/02/2026

» SET-listed mid-sized developer Lalin Property is targeting 5% growth in presales and revenue in 2026, banking on the new government to help stimulate the economy.

PROPERTY

Phuket investment poised to cool further this year

Kanana Katharangsiporn, Published on 10/02/2026

» Phuket's residential property development investment is set to cool further in 2026, extending its decline from a historic peak of 190 billion baht in 2024, although underlying market demand remains resilient.