Showing 1-10 of 266 results
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Bangkok office blocks told to upgrade 'to survive'
Business, Kanana Katharangsiporn, Published on 02/04/2024
» Older office buildings in Bangkok should accelerate their upgrades as existing tenants are relocating to new prime towers, widening the gap in rents, says property consultant Jones Lang LaSalle (Thailand) (JLL).
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Eastern developers ease supply
Kanana Katharangsiporn, Published on 01/04/2024
» The ability of local developers to adapt improved absorption rates across most housing categories in three eastern provinces, as they slowed launches amid unfavourable conditions.
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New residential sales fell 22.5% in 2023
Business, Kanana Katharangsiporn, Published on 29/03/2024
» New residential units sold in Greater Bangkok in the fourth quarter of 2023 declined by 14.5% year-on-year, resulting in a 22.5% decrease for the full year, according to the Real Estate Information Center (REIC).
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Russians control residential leasehold segment in Phuket
Business, Kanana Katharangsiporn, Published on 15/03/2024
» The value of residential units in Phuket leased long-term by the top 10 foreign nationalities almost tripled to 12.8 billion baht in 2023, mainly driven by Russian buyers fleeing the conflict in Europe as the foreign quota for condos was filled in many areas of the island.
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LPN eyes condo revenue of B5bn
Kanana Katharangsiporn, Published on 26/02/2024
» SET-listed L.P.N. Development aims to generate revenue of 4.5-5 billion baht from its condo inventory totalling 11 billion baht by offering discounts, as the carrying cost of inventory is 4% per year, says the new top executive.
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Nippon Steel Kowa Real Estate to invest in 2 residential projects
Kanana Katharangsiporn, Published on 14/02/2024
» Japanese developer Nippon Steel Kowa Real Estate Co (NSKRE) is planning to invest 600-800 million baht per year in the Thai property market via two residential projects in the affordable price segment through a joint venture with MAI-listed developer Chewathai.
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Hotel eyeing 80% occupancy
Business, Kanana Katharangsiporn, Published on 31/01/2024
» Courtyard by Marriott Bangkok Suvarnabhumi Airport, a new hotel owned by members of the Jiaravanont and Lamsam families, aims to achieve an 80% occupancy rate in its first year, given its strategic location that attracts a varied segment.
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Low-rise segment dominates Rayong
Kanana Katharangsiporn, Published on 10/01/2024
» The residential market in Rayong was driven by employees in industrial estates, with strong demand in the low-rise housing segment, while the condo sector struggled to meet demand.
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CPN anticipates 20% sales growth in first quarter
Business, Kanana Katharangsiporn, Published on 11/01/2024
» Driven by the Chinese New Year festival and the government's Easy E-Receipt scheme, SET-listed Central Pattana (CPN) expects retail sales growth of 20% in the first quarter, projecting a combined cash flow of 15 billion baht across all Central shopping mall branches.
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Chon Buri real estate set to surge in 2024
Kanana Katharangsiporn, Published on 09/01/2024
» The residential market in Chon Buri is expected to sustain its growth throughout 2024, propelled by foreign interest in condos, despite the large quantity of new supply.
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