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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

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.

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

Veyla brand works by building customer loyalty

Business, Kanana Katharangsiporn, Published on 06/05/2023

» Luxury holiday home developer Ideas 1606 Co, known for its Veyla brand, is planning to expand the brand into the wellness sector and explore opportunities to target the foreign market in popular tourist destinations.

BUSINESS

M.K. to develop wellness centre

Business, Kanana Katharangsiporn, Published on 03/09/2022

» SET-listed developer M.K. Real Estate Development plans to spend 700 million baht to expand a new wellness centre in Suan Sampran in Nakhon Pathom, expecting to break even in seven years.

BUSINESS

NVD readies seven new projects for second half

Business, Kanana Katharangsiporn, Published on 23/05/2022

» After freezing new project launches for almost two years, SET-listed developer Nirvana Daii (NVD) plans to introduce seven new residential projects worth a combined 11 billion baht in the second half.

BUSINESS

Agency seeks hike in foreign condo quota

Business, Kanana Katharangsiporn, Published on 11/05/2021

» An increase in foreign ownership quotas for condominiums from 49% to 70-80% should be allowed in specific locations and capped at units priced higher than 5 million baht to reserve supply priced lower than five million baht for Thais.

PROPERTY

Raimon Land rejigs investment plan

Business, Kanana Katharangsiporn, Published on 22/12/2020

» Following a change in its major shareholders three months ago, SET-listed developer Raimon Land Plc (RML) has revised its plans, revoking an in-vitro fertilisation (IVF) venture and selling a land plot on Sukhumvit Soi 19 that had been earmarked for a new hotel development.

BUSINESS

Office redux

Business, Kanana Katharangsiporn, Published on 22/06/2020

» Despite the coronavirus igniting the trend of remote working, analysts see minimal impact on office properties, saying the market can withstand the pandemic with more stringent safety and hygiene standards.