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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

Interest in Samui climbs

Business, Kanana Katharangsiporn, Published on 19/02/2025

» American and European buyers are shifting to the Samui residential market, where villa prices are roughly one-third of those in Phuket, as rising demand from Russian and Chinese buyers has driven up Phuket property prices.

PROPERTY

Condo market subdued in Q4

Business, Kanana Katharangsiporn, Published on 28/12/2024

» Developers should focus on strategies to reduce risks and drain unsold units priced at 1-3 million baht in the condo market, which faces challenges from weakened purchasing power and stricter lending conditions, threatening market stability.

PROPERTY

AssetWise aims for 8% rise in presales this year

Kanana Katharangsiporn, Published on 09/02/2024

» SET-listed developer AssetWise plans to launch 12 new residential projects worth a combined 25.9 billion baht in Bangkok, eastern provinces and Phuket, aiming to achieve 17.8 billion baht in presales by year-end, representing an 8% increase.

BUSINESS

AWC, 2C2P tout Asean hub

Business, Kanana Katharangsiporn, Published on 06/09/2023

» SET-listed Asset World Corp (AWC) and digital payment service provider 2C2P (Thailand) called on the new government to promote Thailand as an Asean hub for regional offices and to offer support for startups to enhance the country's competitiveness.

PROPERTY

Ashton Asoke condo move raises eyebrows

Business, Kanana Katharangsiporn, Published on 02/08/2023

» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.

BUSINESS

Revolutionising retail: KE Group and Ally Reit join forces to launch Ally Sky rewards

Business, Kanana Katharangsiporn, Published on 26/06/2023

» KE Group has partnered with Ally Leasehold Real Estate Investment Trust (REIT) to revolutionise the retail sector with the introduction of the Ally Sky Rewards application. This loyalty programme will cater to shoppers in 11 shopping malls within Ally REIT's portfolio, making it Thailand's first loyalty programme that covers all shops across different mall brands.

PROPERTY

Ananda preps Phuket mixed-use plot

Business, Kanana Katharangsiporn, Published on 07/10/2022

» SET-listed Ananda Development plans to develop a mix of residential projects comprising a wellness centre, hotels and an international school on a 500-rai inland plot in Phuket, with the first phase beginning next year.

BUSINESS

Siamese Asset plans 6 new residential projects

Business, Kanana Katharangsiporn, Published on 12/03/2022

» SET-listed developer Siamese Asset is planning to launch six new residential projects worth a combined 11.6 billion baht, with one offering nursing care facilities for elderly and rehabilitation patients.

BUSINESS

TTB suggests co-programme between developers and banks

Business, Kanana Katharangsiporn, Published on 28/02/2022

» Residential developers should rent out their unsold supply and turn tenants into homebuyers by partnering with financial institutions amid tepid demand and excess supply, says TMBThanachart Bank.