Showing 1 - 10 of 144
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.
Caution urged in uncertain market
Business, Kanana Katharangsiporn, Published on 23/04/2026
» Residential developers should adopt a cautious approach to new launches while strengthening revenue, cash flow and cost management, according to SCB Economic Intelligence Center (EIC).
Industrial land prices flat as Chinese investors sell up
Business, Kanana Katharangsiporn, Published on 22/04/2026
» Despite strong demand, average asking prices for industrial land are expected to remain flat due to an influx of land from Chinese investors unable to lease or operate businesses on their plots, according to property consultancy Cushman & Wakefield Thailand.
War set to boost condo demand in major markets
Business, Kanana Katharangsiporn, Published on 21/04/2026
» Condominiums and rental homes in key destinations, including Bangkok, Phuket, Pattaya, Samui and Chiang Mai, are likely to benefit from migration from countries affected by the Middle East conflict, according to property consultancy Colliers Thailand.
Construction costs rise on tensions
Business, Kanana Katharangsiporn, Published on 21/04/2026
» Middle East tensions have pushed construction material prices to their highest level since the pandemic, increasing cost pressures on contractors, according to Kasikorn Research Center.
Construction, property shift tactics
Business, Kanana Katharangsiporn, Published on 07/04/2026
» The construction and property sectors are being forced to adjust strategies and build greater resilience to cope with volatile energy prices, as the Middle East conflict drives up both energy and construction material costs, according to Siam Commercial Bank Economic Intelligence Center (EIC).
Developers scurry to secure prices
Business, Kanana Katharangsiporn, Published on 02/04/2026
» Residential developers are rushing to lock in construction material prices through upfront cash payments and bulk purchase agreements, while optimising logistics for cost efficiency ahead of further increases driven by surging oil prices.
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.
Sansiri confident amid global turmoil
Kanana Katharangsiporn, Published on 11/03/2026
» Construction costs for housing and condo projects already launched remain largely unaffected by global uncertainties, although a prolonged rise in oil prices could push up building costs for new developments, says SET-listed developer Sansiri.
Singha Estate keeps emphasis on hotels
Business, Kanana Katharangsiporn, Published on 07/03/2026
» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.