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Search Result for “mass”

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PROPERTY

Condo market to see continued decline

Business, Kanana Katharangsiporn, Published on 17/06/2025

» Despite cuts in transfer and mortgage fees, as well as relaxed loan-to-value limits, Bangkok's condo market is expected to continue its decline from last year, driven by the ongoing economic slowdown and weak foreign demand.

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PROPERTY

Bangkok condo price index up 3.4%

Business, Kanana Katharangsiporn, Published on 06/06/2025

» The price index for new condos for sale in Greater Bangkok rose 3.4% year-on-year in the first quarter of 2025, marking the second straight quarter exceeding 3%, driven by rising development costs, according to the Real Estate Information Center (REIC).

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GENERAL

UHG to sink B1.5bn into hotel expansion

Business, Kanana Katharangsiporn, Published on 09/05/2025

» Commercial property developer UHG plans to invest 1.5 billion baht to expand its hotel portfolio in fringe areas of Bangkok and convert office space on Lat Phrao Soi 4 into hotel rooms, capitalising on tourism and escaping the oversupplied office market.

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GENERAL

Anabuki plans to sink B1bn into residential market

Business, Kanana Katharangsiporn, Published on 06/05/2025

» Japanese developer Anabuki Group is planning to invest more than 1 billion baht in Thailand's residential market over the next five years, eyeing low-rise condos that have garnered greater interest following the recent earthquake.

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GENERAL

Jorakay eyes 10% growth as overseas sales boom

Business, Kanana Katharangsiporn, Published on 01/05/2025

» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals, is targeting 10% sales growth this year as its key export markets in Southeast Asia remain unaffected by US tariffs.

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PROPERTY

Bangkok office market to take years to recover, experts warn

Business, Kanana Katharangsiporn, Published on 25/02/2025

» The oversupplied Bangkok office market will take at least five years to return to a balanced state, with several projects postponed without a definite timeline, according to property consultancy Cushman & Wakefield.

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PROPERTY

Residential prices increase in Q4 of 2024

Kanana Katharangsiporn, Published on 10/02/2025

» Residential prices in urban areas and along mass transit lines continued to rise in the fourth quarter of 2024, as soaring land and construction costs pushed up prices for new launches, according to the Real Estate Information Center (REIC).

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PROPERTY

Bangkok property hotspots revealed

Business, Kanana Katharangsiporn, Published on 03/01/2025

» Kaset Nawamin-Ram Intra and Bang Na-Samut Prakan were the hottest Bangkok locations for property demand in 2024, ranking among the top three to five for single houses, townhouses, condos and luxury houses.

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PROPERTY

Luxury houses still top Bangkok's real estate sales charts

Kanana Katharangsiporn, Published on 23/12/2024

» Luxury single detached houses continued to be the best-selling segment in Greater Bangkok this year, despite a significant amount of new supply launched over the past two years, which reached a peak in 2023.

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PROPERTY

Foreigners drive Phuket condo segment

Business, Kanana Katharangsiporn, Published on 11/12/2024

» Strong demand from foreign buyers continues to draw Bangkok-based developers to Phuket's condo market as they seek diversification from weak local demand.