Showing 1-10 of 12 results
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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.
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Veyla brand works by building customer loyalty
Business, Kanana Katharangsiporn, Published on 06/05/2023
» Luxury holiday home developer Ideas 1606 Co, known for its Veyla brand, is planning to expand the brand into the wellness sector and explore opportunities to target the foreign market in popular tourist destinations.
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UHG forecasts revenue to increase by 40% this year
Business, Kanana Katharangsiporn, Published on 28/02/2023
» Hotel and office developer UHG is forecasting a 40% increase in revenue this year, banking on robust demand from foreign tourists and the Mice (meetings, incentives, conventions, and exhibitions) sector in Bangkok.
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Uncertainty set to sustain foreign interest
Business, Kanana Katharangsiporn, Published on 25/11/2022
» Following the withdrawal of the foreign land ownership proposal, global uncertainty is expected to continue to encourage wealthy foreigners, particularly from the US, Myanmar, Canada and Saudi Arabia, to purchase properties in Thailand.
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High hopes for project amid Hua Hin recovery
Business, Kanana Katharangsiporn, Published on 10/11/2021
» Issara United Co, a joint venture between SET-listed developer Charn Issara Development Plc and Thai conglomerate Saha Group, is expecting a recovery in property and tourism to boost sales of a new beachfront condo project in Hua Hin.
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Foreign buyers still rule Phuket condos
Business, Kanana Katharangsiporn, Published on 07/04/2020
» The Covid-19 pandemic will hit demand, supply and prices of condos in Phuket as 90% of buyers are foreigners from heavily affected countries: China, Hong Kong and Singapore.
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B4.5bn project for Koh Mak
Business, Kanana Katharangsiporn, Published on 15/08/2017
» Koh Chang-based developer Siam Royal View Group plans to develop a mixed-use project worth 4.5 billion baht on a 270-rai plot on Koh Mak and will spend 600 million baht to build a hotel and new condominium on Koh Chang to capitalise on the government's much-touted Eastern Economic Corridor (EEC).
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Singha Estate shaves revenue projection 25% to B3bn
Business, Kanana Katharangsiporn, Published on 20/10/2015
» Despite the government's new property stimulus, SET-listed developer Singha Estate Plc (S) has trimmed this year's revenue forecast, citing sluggish market sentiment.
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New Nordic scavenges Thai buyers
Business, Kanana Katharangsiporn, Published on 25/02/2014
» New Nordic Group, a Pattaya-based developer owned by Thai and Norwegian investors, shifted its focus to Thai condominium investors, offering 10% projected rental returns per year, as its foreign ownership quota is nearly full.
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Tourism drives Chiang Mai property boom
Business, Kanana Katharangsiporn, Published on 03/03/2014
» The property market in the largest northern province has flourished in recent years, spurred by a tourism boom, the entry of giant retailers and the effects of massive flooding elsewhere in 2011.
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