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Search Result for “Singapore retail”

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BUSINESS

Mcot opens bids for Bangkok land

Business, Kanana Katharangsiporn, Published on 14/02/2026

» State-owned broadcaster Mcot Plc has opened bidding for the lease of more than 50 rai of land near its headquarters in the Rama IX area of Bangkok, with the site expected to be developed as a mixed-use project amid the economic slowdown and an oversupply of office space in the area.

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.

PROPERTY

Reignwood Group planning to zero in on Thai returnees

Kanana Katharangsiporn, Published on 30/12/2025

» Reignwood Group, the developer of Reignwood Park, a large luxury mixed-use project in Pathum Thani, plans to step up overseas marketing by targeting Thais living abroad who are considering returning home, following the completion of its international school.

PROPERTY

Origin plans 17 hotels, 2 retail projects

Kanana Katharangsiporn, Published on 16/12/2025

» Origin Hotel plans to invest about 7.5 billion baht per year from 2026 to 2030 to develop 17 hotels and two retail projects through joint ventures with partners using a develop-operate-sell model.

PROPERTY

Phuket high-end markets see solid growth

Business, Kanana Katharangsiporn, Published on 27/11/2025

» Phuket's high-end villa and condo markets remain robust, supported by steady demand from foreign buyers, particularly long-stay travellers and remote workers, despite a slowdown in tourism.

PROPERTY

Luxury condos experience growth as Bangkok demand surges

Business, Kanana Katharangsiporn, Published on 04/11/2025

» Despite the global economic slowdown, Bangkok's ultra-luxury condo market continues to grow, fuelled by sustained demand from Thailand's wealthy elite and foreign investors, according to property consultancy Colliers Thailand.

PROPERTY

SCX allots B2bn for second Pattaya hotel

Business, Kanana Katharangsiporn, Published on 22/10/2025

» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.

BUSINESS

Call for power upgrades to fuel data centres

Business, Kanana Katharangsiporn, Published on 16/10/2025

» Thailand's data centre capacity is projected to more than double over the next few years, but the government must upgrade power transmission lines and substations as electricity shortages are emerging in key provinces such as Chon Buri and Rayong.

BUSINESS

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.

PROPERTY

Magnolia Quality Development unveils 10-year building project for over-50s housing

Business, Kanana Katharangsiporn, Published on 02/10/2025

» Property developer Magnolia Quality Development Corporation Ltd (MQDC) plans to generate residential projects for the over-50s in the mid- to lower-income segment, following a luxury project this year.