Showing 1 - 10 of 18
Real estate to experience uneven recovery in 2025
Business, Kanana Katharangsiporn, Published on 20/02/2025
» The hotel and industrial estate sectors are expected to remain robust this year, driven by foreign markets, while the residential and office sectors continue to slow due to weak domestic demand and excess supply, according to property consultancy CBRE Thailand.
Centara sinks B1.4bn into revamp of Pattaya resort
Molpasorn Shoowong, Published on 07/02/2025
» Centara Hotels and Resorts (CHR) has invested 1.4 billion baht to revamp Centara Grand Mirage Beach Resort Pattaya to capture premium guests and families, as it wants to expand water park-themed hotels labelled "Mirage" to new destinations.
Hostels demand new regulations for sector amid slump
Molpasorn Shoowong, Published on 20/11/2024
» Hostel operators are calling for a new accommodation regulation dedicated to them, as the Hotel Act is not feasible for small-scale businesses with a low budget, according to the Hostel Thailand Association.
CPN preps B2bn for 5 malls, renovations
Business, Kanana Katharangsiporn, Published on 08/11/2024
» Retail and property developer Central Pattana Plc (CPN) is planning to spend 2 billion baht on five new community malls and the renovation of 15 existing malls during 2025-2029 to capitalise on evolving consumer behaviours.
MontAzure’s luxury beachfront community shines
Published on 27/06/2024
» MontAzure is setting new standards in luxury beachfront living, combining residential, commercial, and hospitality components to create a world-class destination on Kamala Beach. The project is a joint venture between three prominent property and hotel investment groups in Asia: the Narai Group (Thailand), ARCH Capital (Hong Kong), and Philean Capital (Singapore), part of the Pontiac Land Group. Each partner brings unique strengths to the venture, bolstering MontAzure’s stature as a premier beachfront community in Thailand and Asia.
AWC adds value in bid to woo tenants
Business, Molpasorn Shoowong, Published on 19/12/2023
» Amid sluggish demand for commercial real estate, developers are having to invest greater sums in co-living programmes to provide an enhanced quality of life for office workers in a bid to attract new tenants, according to SET-listed Asset World Corp (AWC).
PF preps 2nd phase of Khao Yai villas
Business, Kanana Katharangsiporn, Published on 27/11/2023
» SET-listed developer Property Perfect (PF) plans to launch a second phase of its luxury villa project in Khao Yai worth 1.6 billion baht after selling two-thirds of the units from the first phase -- valued at 1 billion baht -- in two years amid a fivefold increase in land prices over a five-year period.
Russians spur Phuket luxury villa market
Business, Kanana Katharangsiporn, Published on 04/10/2023
» Increasing demand for luxury villas in Phuket from Russian buyers is driving new supply in the market to reach a record high this year, which could result in a glut.
CPN readies 50 residential developments
Business, Kanana Katharangsiporn, Published on 15/09/2023
» SET-listed developer Central Pattana (CPN) has prepared land plots for 50 residential developments to launch from 2024 to 2026, aiming to generate a combined revenue of 24 billion baht in those years.
Standard readies new residential projects
Business, Kanana Katharangsiporn, Published on 29/06/2023
» Hotel chain Standard International plans to launch two branded residential projects in Phuket and Hua Hin, while also opening five new hotels with 600 rooms across four destinations in Thailand during 2023-26 to capitalise on robust demand.