Showing 1 - 10 of 57
Sugar tycoons branch into hotel investments
Business, Kanana Katharangsiporn, Published on 04/03/2026
» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.
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.
New Bangkok condos being offered at 2015 prices
Kanana Katharangsiporn, Published on 16/09/2025
» Some new condominiums launched recently in Bangkok have been priced at levels similar to those seen a decade ago, as developers settle for slim margins to draw buyers with limited purchasing power, according to the Thai Condominium Association.
Thai property market reaches bottom in August
Business, Kanana Katharangsiporn, Published on 22/08/2025
» The residential market bottomed out this month and is expected to remain steady in the second half, with no clear catalysts for either a rebound or further deterioration, according to developers.
Condo buyers switch priorities post-quake
Business, Kanana Katharangsiporn, Published on 26/06/2025
» Since the March 28 earthquake, construction standards and developer accountability have become the top priorities among homebuyers, with prospective condo buyers wishing to establish whether a potential home is able to stand up to a quake while seeking to identify the contractor.
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.
Bangkok jumps in global city ranking
Kanana Katharangsiporn, Published on 06/01/2025
» Bangkok made a significant leap in the 2024 Global Cities Index (GCI), climbing 11 spots to 34th — the largest gain among the top 50 cities — driven by improvements in business activity, cultural experience and information exchange, according to consulting firm Kearney.
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.