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PROPERTY

Pruksa continues scaling back launches this year

Business, Kanana Katharangsiporn, Published on 04/03/2026

» SET-listed developer Pruksa Holding continues to scale back new residential launches this year, planning only seven projects worth a combined 8.2 billion baht as it shifts focus to clearing unsold inventory worth 66 billion baht and expanding recurring-income assets.

PROPERTY

Co-working space firm lines up 6 new branches

Business, Kanana Katharangsiporn, Published on 03/07/2025

» Co-working space operator IWG plans to open six new branches in Bangkok, Phuket, Pattaya, Rayong and Nonthaburi over the next six months, with half repurposing space in malls to fill vacancies.

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

Minor Hotels to add 2 new brands to portfolio

Business, Molpasorn Shoowong, Published on 26/03/2025

» Minor Hotels is planning to add at least two new brands to its portfolio this year, while upgrading the new master brand identity for the group.

PROPERTY

Luring foreigners to real estate

Business, Wichit Chantanusornsiri, Published on 16/11/2024

» Finance Minister Pichai Chunhavajira is looking at several options to stimulate the country's economy, with a focus on attracting more foreign investors.

PROPERTY

Bangkok office vacancy rates rise

Business, Kanana Katharangsiporn, Published on 25/10/2024

» The vacancy rates for Bangkok office space has continued to rise, particularly in the central business district (CBD), driven by a significant increase in new premium-grade supply, according to property consultant CBRE Thailand.

PROPERTY

More foreign ownership ‘could mean more illegal hotels’

Molpasorn Shoowong, Published on 13/08/2024

» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.

PROPERTY

Official urges courage in tax assessment

Business, Wichit Chantanusornsiri, Published on 10/06/2024

» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.

PROPERTY

Sena unveils rent-to-own condo scheme

Business, Kanana Katharangsiporn, Published on 11/04/2024

» SET-listed developer Sena Development is launching a rent-to-own programme for ready-to-move-in condos, aiming to close sales of 1,000 units worth 1.4 billion baht by the end of the year.

PROPERTY

LPN eyes condo revenue of B5bn

Kanana Katharangsiporn, Published on 26/02/2024

» SET-listed L.P.N. Development aims to generate revenue of 4.5-5 billion baht from its condo inventory totalling 11 billion baht by offering discounts, as the carrying cost of inventory is 4% per year, says the new top executive.