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Search Result for “clearance operation”

Showing 1 - 10 of 45

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

Low-rise home prices rise in EEC as condos ease

Business, Kanana Katharangsiporn, Published on 05/02/2026

» Prices for low-rise houses in the Eastern Economic Corridor (EEC) continued to rise in the fourth quarter of 2025, driven by higher land costs near industrial estates and expanding employment from new industries, while condo prices softened amid a supply glut.

PROPERTY

Condo sales likely to remain flat on muted purchasing power

Business, Kanana Katharangsiporn, Published on 23/01/2026

» The condo market in 2026 is expected to remain subdued but more selective, with developers prioritising inventory clearance, premium pricing and differentiated projects, amid weak domestic purchasing power and prolonged economic uncertainty.

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.

SUSTAINABILITY

Bangkok office landscape at critical juncture

Business, Kanana Katharangsiporn, Published on 12/01/2026

» As Bangkok's prime districts experience a surge in premium Grade A towers, older office buildings face a "lease or die" ultimatum.

PROPERTY

Pressured property developers look to adapt

Kanana Katharangsiporn, Published on 29/12/2025

» The residential property market closed 2025 under heavy pressure from weak purchasing power, tight mortgage lending and external shocks, prompting developers to recalibrate strategies for 2026 around affordability, risk management and liquidity preservation.

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.

PROPERTY

Price cuts continue to pace condo sales

Business, Kanana Katharangsiporn, Published on 24/09/2025

» New condo supply launched in Bangkok in the third quarter of 2025 continued to slow, while projects priced more than 30% below market levels recorded strong sales, according to property consultancy Colliers Thailand.

PROPERTY

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.