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BUSINESS

CPN planning expansion of budget Go Hotel chain

Business, Kanana Katharangsiporn, Published on 17/01/2026

» SET-listed Central Pattana (CPN) is planning a nationwide expansion of its budget hotel chain Go Hotel to capitalise on a limited supply of national brands offering affordable accommodation.

PROPERTY

Rayong records increase in housing transfers in Q1

Business, Kanana Katharangsiporn, Published on 04/08/2025

» Housing transfers in Rayong in the first quarter of 2025 rose year-on-year, bucking the overall decline across the Eastern Economic Corridor (EEC) provinces, driven by demand from workers in the industrial sector and foreigners relocating from Pattaya.

PROPERTY

Eastern Economic Corridor land prices surge in Q1 amid strong foreign demand

Business, Kanana Katharangsiporn, Published on 17/07/2025

» The land price index in the Eastern Economic Corridor (EEC) provinces rose by 24.9% in the first quarter of 2025, marking the fifth consecutive quarterly increase, led by Rayong, where the index surged 43.5% due to strong foreign investment in the industrial sector.

PROPERTY

ESTAR targets 5% growth in revenue by year-end

Business, Kanana Katharangsiporn, Published on 16/07/2025

» SET-listed developer Eastern Star Real Estate (ESTAR) aims to grow its revenue by 5% to 2 billion baht by the end of this year, focusing on high-demand locations as it shifts to the upper-end segment amid a stagnant market.

PROPERTY

Chinese EEC investment disappoints

Business, Kanana Katharangsiporn, Published on 12/04/2025

» The benefit to Thai real estate from Chinese industrial investment may be limited to land sales in industrial estates and other areas within the Eastern Economic Corridor (EEC), as Chinese investors often bring their own materials, labour and contractors.

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

Rayong land prices pushed up by Chinese

Business, Kanana Katharangsiporn, Published on 27/09/2024

» Chinese investor demand for industrial land propelled Rayong's vacant land price index to the highest growth rate among the Eastern Economic Corridor (EEC) provinces in the second quarter of 2024.

BUSINESS

Yong Concrete rejigs focus to industrial push

Business, Kanana Katharangsiporn, Published on 21/08/2024

» Yong Concrete, an MAI-listed manufacturer of concrete products, plans to shift its focus from the slow residential market to the industrial sector, which could cause growth to fall below the company's original target.

BUSINESS

Yong eyes 2 new plants in Rayong

Business, Kanana Katharangsiporn, Published on 23/05/2024

» Yong Concrete, an MAI-listed producer of concrete products, is expanding with two new plants in Rayong to capitalise on rising demand in the Eastern Economic Corridor (EEC), diversifying risk from the property market slowdown and government budget delays.

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.