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Search Result for “accommodation spending”

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PROPERTY

Supalai keen on warehouse venture

Kanana Katharangsiporn, Published on 30/01/2026

» SET-listed developer Supalai is eyeing expansion into the warehouse business after forming a joint venture with Chinese investor AuGroup to develop a facility in Chon Buri, targeting tenants using Thailand as a tax-efficient export base.

PROPERTY

Sena puts focus on affordable housing

Molpasorn Shoowong, Published on 29/01/2026

» SET-listed Sena Development plans to launch eight new projects this year worth 10.7 billion baht, six of which are in the affordable segment priced 1-2.5 million baht per unit, as the company wants to be the leader for affordable houses for new buyers via its rent-to-own strategy.

PROPERTY

Condo market now driven by end users

Business, Kanana Katharangsiporn, Published on 05/09/2025

» Condo purchases in Bangkok are being propelled by end users and rental investors targeting working professionals with units priced 3-5 million baht, as negotiable pricing remains essential to closing deals, according to SET-listed developer Sansiri.

PROPERTY

Ascott targets Thailand as travel market transforms

Business, Kanana Katharangsiporn, Published on 07/07/2025

» The Ascott Ltd, a Singapore-based serviced residence and hotel operator, is focusing on Thailand as shifting travel patterns and evolving guest expectations reshape the hospitality landscape.

PROPERTY

SC Asset Corporation touts extending foreign leaseholds

Business, Kanana Katharangsiporn, Published on 18/06/2025

» With the residential market expected to contract for at least three years, Thailand should restore foreign tourist confidence to drive economic growth and extend leasehold ownership to at least 60 years to attract international buyers, according to SET-listed developer SC Asset Corporation.

PROPERTY

Trump tariffs crush Thai housing demand

Business, Kanana Katharangsiporn, Published on 09/06/2025

» The "Trump effect" has had a far greater impact on housing demand than the recent earthquake, which only caused temporary delays in purchases and transfers, whereas the former led to buyers stopping purchases altogether, according to SET-listed developer Supalai.

PROPERTY

New hotel law raises safety concerns

Business, Narumon Kasemsuk, Published on 02/06/2025

» The Thai Hotels Association (THA) has raised the alarm for property owners over a new draft law for hotels, warning it could infringe on the rights of residents and compromise tourist safety, which is already a blemish for Thailand.

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

US tariffs to keep Thai housing in doldrums

Business, Kanana Katharangsiporn, Published on 29/04/2025

» Despite the reduction in transfer and mortgage fees and the easing of loan-to-value (LTV) limits, the housing market will continue to slow as consumers hold back spending amid economic uncertainties caused by US tariffs.

PROPERTY

Contractors warned of looming private sector hazards

Business, Kanana Katharangsiporn, Published on 28/04/2025

» SET-listed contractors heavily reliant on private sector construction may face challenges next year due to the economic slowdown, while those focused on public projects will likely benefit from reduced competition, according to Kasikorn Securities.