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Search Result for “force”

Showing 1 - 10 of 14

PROPERTY

Building owners choose to sell up as taxes start to bite

Business, Kanana Katharangsiporn, Published on 13/05/2025

» The land and building tax is continuing to force outdated and less competitive offices, apartments and hotels to exit the market, with many putting their assets up for sale or lease in the tourism sector.

BUSINESS

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.

PROPERTY

Thai luxury properties dominate in Asia

Kanana Katharangsiporn, Published on 11/12/2024

» Phuket and Bangkok are among the top three destinations in Asia with the highest number of branded residence units, while Thailand ranks first in terms of value, according to C9 Hotelworks, a hospitality and real estate consultancy.

BUSINESS

Details behind the great loan-to-value debate

Business, Kanana Katharangsiporn, Published on 07/12/2024

» Amid slowing demand and economic uncertainty, residential developers are urging regulators to ease loan-to-value (LTV) rules, believing more flexible measures could revitalise the housing market, enhance affordability and propel an economic recovery.

BUSINESS

Asia could see boom in hospitality

Business, Kanana Katharangsiporn, Published on 21/11/2024

» Asia is set to take centre stage in the global hospitality landscape as the industry transforms, while China should survive its short-term crisis, according to Banyan Tree Holdings and Golden Eagle International Group.

BUSINESS

CBD office occupancy rate decline set to persist

Business, Kanana Katharangsiporn, Published on 05/08/2021

» Following the extension to the lockdown until August, the office market slowdown will continue in the third quarter with a further decrease in occupancy rate, according to property consultant Edmund Tie & Co Thailand.

THAILAND

The woman behind solar residential properties

News, Kanana Katharangsiporn, Published on 08/03/2021

» Since she joined property developer Sena Development Plc 17 years ago, 2020 turned out to be one of the most memorable years for Kessara Thanyalakpark. Despite the Covid-19 pandemic, her company still managed to achieve record revenue, record pre-sales and a high net profit. She was also promoted to managing director.

BUSINESS

BTS executive: Transport infrastructure key

Business, Kanana Katharangsiporn, Published on 09/10/2020

» Thailand is being urged to accelerate construction of infrastructure projects while the pandemic stunts other economic drivers to attract foreign investors once the pandemic ends.

BUSINESS

New tax may see homeowners sell extras

Business, Kanana Katharangsiporn, Published on 13/05/2020

» The new land and buildings tax will force homeowners to reduce residential units being held and shift housing development to larger units, as only principal homes will be exempted.

BUSINESS

Veteran shrugs at property stimulus

Business, Kanana Katharangsiporn, Published on 24/10/2019

» The government's fresh property stimulus package is seen as insufficient to improve the housing market as homebuyers still cannot access mortgages with the loan-to-value [LTV] limits, says an industry veteran.