Showing 1 - 10 of 52
Interest evergreen for prime real estate
Business, Kanana Katharangsiporn, Published on 06/11/2025
» Despite a 41% plunge in the total value of land transactions nationwide -- the lowest in 15 years and occurring during an economic slowdown -- land prices in Bangkok's central business district (CBD) continued to climb, with Sukhumvit recording the sharpest increase at 10%.
IHG brand targeting independent hotels
Business, Kanana Katharangsiporn, Published on 02/09/2025
» International chain IHG Hotels & Resorts aims to persuade independent hotel owners to convert their properties to its new brand, Garner, with the first location in Southeast Asia and second in Asia set to open in Pattaya in November 2025.
Office tenants fight for rent reductions amid supply glut
Business, Kanana Katharangsiporn, Published on 25/08/2025
» A slowing economy and growing office supply has prompted tenants to seek rent reductions to keep their businesses afloat, with discounts of up to 25% reported in the past quarter, according to property consultancy Knight Frank Thailand.
Built To Build aims for modest sales growth in 2025
Kanana Katharangsiporn, Published on 06/03/2025
» Built To Build Group is aiming for 1 billion baht in sales this year, up from 900 million baht in 2024, as it pursues steady growth after a 40% surge two years ago led to a work overload.
Major focuses on existing projects
Business, Kanana Katharangsiporn, Published on 25/01/2025
» SET-listed Major Development (MJD) plans to carefully assess market conditions and homebuyer sentiment before launching any new projects this year, focusing on existing developments, particularly those near schools with strong demand.
Foreigners keen on Phuket luxury options
Kanana Katharangsiporn, Published on 06/01/2025
» Phuket's luxury property market is soaring to unprecedented heights, emerging as a top trend for 2025.
Rivalry builds in Bangkok office market
Business, Kanana Katharangsiporn, Published on 03/12/2024
» Bangkok's office market must balance a growing supply pipeline of 1.1 million square metres of lettable space with shifting tenant demands, intensifying competition among landlords in an increasingly dynamic environment.
CPN allots B1bn to enlarge Phuket mall
Kanana Katharangsiporn, Published on 02/12/2024
» Retail and property developer Central Pattana Plc (CPN) has earmarked 1 billion baht to expand Central Phuket's Floresta Zone with an additional 20,000 square metres for luxury brands catering to high-end customers, 70% of whom are foreigners.
Office space slips as tenants upgrade
Business, Kanana Katharangsiporn, Published on 18/09/2024
» The occupancy rate of Grade B office space in Bangkok continues to decline, reaching a market low of 75% as tenants relocate to higher quality Grade A spaces equipped with better facilities in similar locations.
Pepsi boasts of rising farm productivity
Business, Kanana Katharangsiporn, Published on 13/06/2024
» Pepsi-Cola (Thai) Trading Co (PepsiCo), the producer and distributor of Lay's potato chips, continues to improve agricultural productivity for its 5,800 contract farmers, aiming to increase revenue by 15% for 35% of those farmers by 2030.