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Search Result for “department stores”

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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

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

Condo market to see continued decline

Business, Kanana Katharangsiporn, Published on 17/06/2025

» Despite cuts in transfer and mortgage fees, as well as relaxed loan-to-value limits, Bangkok's condo market is expected to continue its decline from last year, driven by the ongoing economic slowdown and weak foreign demand.

BUSINESS

Quelling the tremors of March 28

Business, Kanana Katharangsiporn, Published on 07/06/2025

» The earthquake that struck Myanmar on March 28 sent tremors through many high-rise buildings in Bangkok, shaking not just the structures but also buyer confidence, if only briefly.

PROPERTY

Phuket, Rayong and Samui post transfer growth in Q1

Kanana Katharangsiporn, Published on 27/05/2025

» Phuket, Rayong and Samui were the only destinations to record growth in residential transfers in the first quarter of 2025, following a crackdown on nominee ownership by the Central Investigation Bureau (CIB).

BUSINESS

Banks highlight methods to reduce mortgage rejections

Business, Kanana Katharangsiporn, Published on 17/04/2025

» Clearing debts, disclosing all sources of income, preparing documents and avoiding rushed applications can reduce the mortgage rejection rate, which rose to an average of 45% in the first quarter, according to financial institutions.

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

Mortgage rejection rates expected to remain high

Business, Kanana Katharangsiporn, Published on 10/04/2025

» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.

PROPERTY

Ins and outs of daily condo rentals

Kanana Katharangsiporn, Published on 22/03/2025

» The illegal rental of condo units on a daily basis has sparked serious concerns among residents and co-owners over safety, irresponsible behaviour, and noise disturbances caused by short-term guests.

PROPERTY

4 developers take homebuilding plunge

Business, Kanana Katharangsiporn, Published on 21/03/2025

» SET-listed developers with a large portfolio of residential properties are shifting towards the homebuilding business in a bid to capture the self-built home market valued at 211 billion baht, amid a slowdown in housing development.