Showing 1 - 5 of 5
Caution urged for Pattaya developers amid fears of a glut
Business, Kanana Katharangsiporn, Published on 07/05/2024
» Despite strong sales last year, Pattaya developers need to exercise caution before launching new condos to avoid an oversupply, as new launches in the market are projected to grow 50% to 5,000 units in 2024, according to property consultant Colliers Thailand.
Banyan returns to where it all began
Business, Kanana Katharangsiporn, Published on 04/05/2024
» After expanding to 22 countries over the past 30 years, hospitality-led property developer Banyan Group has returned to Phuket, the destination where it began.
Siamese Asset wary of new investments
Business, Kanana Katharangsiporn, Published on 30/04/2024
» SET-listed developer Siamese Asset will be cautious about new investments and focus on generating revenue from projects launched earlier, as well as reducing expenses during 2024-26 due to unfavourable financial market conditions.
Montara to host Phuket health resort
Business, Kanana Katharangsiporn, Published on 29/04/2024
» Montara Hospitality Group, the owner and operator of luxury resort Trisara, expects to increase sales of high-priced villas at new project Tri Vananda through a partnership with Swiss holistic health company Clinique La Prairie, offering a health resort within the project.
Minimum wage hits construction prices
Business, Kanana Katharangsiporn, Published on 23/04/2024
» The new daily minimum wage, which became effective in early January, drove up home construction prices in the first quarter, despite a drop in costs due to the influx of Chinese steel and the delayed disbursement of the government's budget.