Showing 1 - 10 of 77
UHG banking on new hotel rooms for 20% growth
Kanana Katharangsiporn, Published on 27/04/2026
» Despite a 10-20% decline in European tourist arrivals following the Middle East conflict, commercial property developer UHG is targeting 20% growth this year driven by the opening of a new hotel and the addition of rooms at an existing property.
Mideast expats eye Thai luxury homes
Business, Kanana Katharangsiporn, Published on 01/04/2026
» The conflict in the Middle East has begun to prompt expatriates working in the region, as well as buyers from affected countries, to seek ready-to-move residential units in beach destinations, particularly Phuket.
The allure of the self-built home market
Kanana Katharangsiporn, Published on 14/03/2026
» Although the self-built home market is sizeable, with an annual value of up to 200 billion baht, residential developers had largely overlooked the segment until last year when a handful of large and mid-sized developers entered the fray.
Rental market thrives despite demand for home ownership
Business, Kanana Katharangsiporn, Published on 11/12/2025
» Most Thais continue to value owning high-value assets such as homes, widely regarded as symbols of stability, success and social standing, while the rental market is expanding rapidly as more consumers seek flexibility and avoid long-term debt obligations, according to the SCB Economic Intelligence Center (EIC).
Bangkok homebuyers move on from earthquake shock
Business, Kanana Katharangsiporn, Published on 10/12/2025
» Greater Bangkok homebuyers have largely moved past the panic sparkedby the Myanmar earthquake in late March, but brand reputation remains a decisive factor in their purchasing decisions.
Sena Development maintains B10bn annual transfer target
Business, Kanana Katharangsiporn, Published on 26/08/2025
» SET-listed developer Sena Development is maintaining its annual transfer target of 10 billion baht, despite recording only 22% of the target in the first half, as it is still confident in seeing an uptick in transfers in the latter half of the year.
Jorakay eyes 10% growth as overseas sales boom
Business, Kanana Katharangsiporn, Published on 01/05/2025
» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals, is targeting 10% sales growth this year as its key export markets in Southeast Asia remain unaffected by US tariffs.
Estate developers set to thrive
Business, Kanana Katharangsiporn, Published on 22/01/2025
» Rental rates for factory and warehouse space are expected to continue rising, but will remain below pre-pandemic levels, unlike industrial land sales, which have recorded strong demand, primarily from Chinese investors who prefer buying over renting.
Myanmar No.2 for Thai condo sales
Kanana Katharangsiporn, Published on 10/01/2025
» Thai condo transfers to Myanmar buyers ranked second after Chinese purchasers for the first nine months of 2024, overtaking Russian buyers as the neighbouring government's crackdown on Thai condo purchases subsided.
UHG bags Ekkamai plot for mid-tier hotel
Business, Kanana Katharangsiporn, Published on 12/11/2024
» Commercial property developer UHG continues its acquisition of prime plots of land, leasing a one-rai site on Soi Ekkamai currently occupied by an apartment complex in order to invest 600 million baht in the development of a mid-tier hotel, prompted by enforcement of the land and building tax.