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Search Result for “Bloomberg and Reuters”

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PROPERTY

Foreigners bought 3,498 properties near Japanese sensitive sites

Kyodo News, Published on 16/12/2025

» KYODO — A total of 3,498 properties around critical security facilities and remote islands in Japan were purchased by foreign individuals or entities in fiscal 2024, with nearly half from China, a government study showed Tuesday.

PROPERTY

Wealthy Chinese turn away from US real estate as Trump amps up trade war with Beijing

South China Morning Post, Published on 05/05/2025

» Wealthy mainland Chinese are increasingly shifting their attention and capital away from the United States to other real estate markets amid rising geopolitical tensions between Washington and Beijing, according to property agents.

PROPERTY

Mandarin Oriental overhaul underway

Business, Kuakul Mornkum and Somhatai Mosika, Published on 02/05/2025

» Mandarin Oriental Hotel Group is investing roughly US$100 million to renovate the Mandarin Oriental, Bangkok, with plans to complete the project by the fourth quarter of this year.

PROPERTY

Bangkok's condo oversupply problem may worsen over quake fears

Bloomberg News, Published on 02/04/2025

» A condominium glut in Bangkok is set to worsen after a deadly earthquake in neighbouring Myanmar damaged thousands of skyscrapers in the Thai capital, spooking prospective buyers.

PROPERTY

Conflict in Myanmar sparks surge in Thai property purchases

Reuters, Published on 20/11/2024

» Buyers from Myanmar have been snapping up condominiums in Bangkok and other parts of Thailand, providing a bright spark for the kingdom's sluggish real-estate market, as they look to move money out of an economy battered by civil war.

PROPERTY

Thailand plans $1.7bn of soft loans for property sector

Reuters and Wichit Chantanusornsiri, Published on 17/10/2024

» The government is planning to offer 55 billion baht (US$1.66 billion) of soft loans to support the property sector and help boost the economy, a deputy finance minister said on Thursday.

PROPERTY

Thai scion bets US-China feud will ease Bangkok property glut

Bloomberg News, Published on 19/09/2024

» Frasers Property Limited, controlled by Thailand's richest man, is banking on US-China tensions to help reduce an oversupply of office space that has plagued the country's capital.

PROPERTY

China new home prices fall at fastest pace in over 9 years

Reuters, Published on 14/09/2024

» BEIJING - China's new home prices fell at the fastest pace in more than nine years in August, official data showed on Saturday, as supportive measures failed to spur a meaningful recovery in the property sector.

PROPERTY

PM allays foreign quota fears

Onnucha Hutasingh and Wassana Nanuam, Published on 23/06/2024

» Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will help stimulate the economy.

PROPERTY

Major Chinese city scraps housing curbs as easing gains pace

Bloomberg News, Published on 09/05/2024

» HANGZHOU- Hangzhou, a major city in eastern China, removed all of its remaining homebuying curbs in the latest example of a local government pursuing aggressive easing to end the property crisis.