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Search Result for “historic”

Showing 1 - 10 of 18

PROPERTY

Phuket investment poised to cool further this year

Kanana Katharangsiporn, Published on 10/02/2026

» Phuket's residential property development investment is set to cool further in 2026, extending its decline from a historic peak of 190 billion baht in 2024, although underlying market demand remains resilient.

PROPERTY

Prime Bangkok plots on the block

Business, Wichit Chantanusornsiri, Published on 05/02/2026

» The Treasury Department is preparing to put more than 40 plots of land acquired through asset seizures up for sale, in addition to opening auctions to lease another 10 prime land plots in Bangkok and other provinces.

PROPERTY

ThirdHome targets branded residences for growth in Thailand

Business, Kanana Katharangsiporn, Published on 01/07/2025

» ThirdHome, a luxury home exchange club for second-home owners, aims to persuade branded residences in Thailand to join its network amid a sluggish property market, with the goal of doubling its Thai properties to 100 by the end of 2025.

PROPERTY

Interest in Samui climbs

Business, Kanana Katharangsiporn, Published on 19/02/2025

» American and European buyers are shifting to the Samui residential market, where villa prices are roughly one-third of those in Phuket, as rising demand from Russian and Chinese buyers has driven up Phuket property prices.

PROPERTY

Wary developers weigh down land price index

Business, Kanana Katharangsiporn, Published on 13/02/2025

» The year-on-year increase in the land price index in Greater Bangkok in the fourth quarter of 2024 slowed to 1.8%, close to the historic low of 1.7% recorded in the fourth quarter of 2021, mainly due to tepid investment among developers.

PROPERTY

Accor relies on growing middle class

Business, Molpasorn Shoowong, Published on 11/01/2025

» International hotel chain Accor is banking on India's growing middle class and elevated digital technology as it targets global net room growth of 5% this year.

PROPERTY

Investment buyers fuel London demand

Business, Kanana Katharangsiporn, Published on 09/07/2024

» Demand for London residential properties among wealthy Thais rose 20% in the first half, driven by investment buyers.

PROPERTY

Foreigners lead the way in condo market

Business, Kanana Katharangsiporn, Published on 14/05/2024

» Foreign buyers dominated the condo market in the first quarter of 2024, with new launches focused on major tourist destinations, amounting to a combined investment value of more than 56.6 billion baht.

PROPERTY

Office demand turns negative in 1st quarter

Business, Kanana Katharangsiporn, Published on 25/04/2024

» The office market recorded negative absorption in the first quarter of 2024, ending a consecutive seven-quarter rise from mid-2022, as demand shifted from non-green to green spaces and downsized offices, according to property consultant Knight Frank Thailand.

PROPERTY

Overwhelmed by success

Molpasorn Shoowong, Narumon Kasemsuk and Kanana Katharangsiporn, Published on 11/03/2024

» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.