Showing 1 - 10 of 11
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.
Built To Build aims for modest sales growth in 2025
Kanana Katharangsiporn, Published on 06/03/2025
» Built To Build Group is aiming for 1 billion baht in sales this year, up from 900 million baht in 2024, as it pursues steady growth after a 40% surge two years ago led to a work overload.
Generation Rent
Business, Somruedi Banchongduang, Published on 02/12/2024
» Potential homebuyers from Gen Y and Z face significant obstacles to owning a home, with the primary one limited access to mortgages.
AssetWise posts record Q2 revenue
Kanana Katharangsiporn, Published on 14/08/2024
» SET-listed developer AssetWise set a record for revenue in the second quarter, driven by a strong performance from its campus condo and Phuket projects as the company expects to maintain momentum in the second half.
Concerns about foreign property perks downplayed
Onnucha Hutasingh, Published on 06/07/2024
» The government has played down concerns raised over the possible negative impacts of its proposal to increase the foreign ownership quota for condominiums to 75% and extend land leasehold terms to 99 years.
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.
Major Chinese developer avoids default
AFP and Bloomberg, Published on 02/09/2023
» BEIJING: The Chinese developer Country Garden has won approval from creditors to extend a deadline for a key bond repayment, narrowly avoiding a potential default.
UHG forecasts revenue to increase by 40% this year
Business, Kanana Katharangsiporn, Published on 28/02/2023
» Hotel and office developer UHG is forecasting a 40% increase in revenue this year, banking on robust demand from foreign tourists and the Mice (meetings, incentives, conventions, and exhibitions) sector in Bangkok.
Sansiri spells out green strategies
Business, Published on 23/11/2022
» SET-listed developer Sansiri Plc continues to advance its net zero mission of becoming an organisation with zero greenhouse gas emissions in 2050 by installing solar roofs and electric vehicle (EV) chargers at its new housing projects, serving as a standard prototype for every type of home in every segment.
Bangkok land prices rise 10.3% in Q3
Business, Kanana Katharangsiporn, Published on 17/11/2022
» Despite the collection of the land and building tax increasing to the normal rate, prices of vacant land in Greater Bangkok continued to rise, posting year-on-year growth of 10.3% in the third quarter of 2022, the highest in five quarters.