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Showing 1-8 of 8 results
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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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First phase of Laguna Lakelands unveiled
Kanana Katharangsiporn, Published on 05/02/2024
» Hospitality firm Banyan Group has launched the first phase of Laguna Lakelands, a 700-rai project worth US$2 billion.
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Singapore developer Frasers’ profit slumps on global downturn
Bloomberg News, Published on 11/11/2023
» SINGAPORE - Frasers Property Limited, a Singaporean multinational real estate and property management company, reported a significant drop in full-year profit as higher interest rates prompted fair value losses on commercial properties in the United Kingdom (UK), Australia and Europe.
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Partners co-develop Phuket villa project
Kanana Katharangsiporn, Published on 18/09/2023
» Amid a foreign purchasing boom led by Russians, MontAzure has partnered with local developer Botanica Luxury Phuket to develop villas priced 49-170 million baht on Kamala Beach targeting overseas buyers.
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When will Hong Kong property prices recover? Not any time soon
South China Morning Post, Published on 04/08/2023
» The extended weakness in Hong Kong's residential property market has been an unusual and unpleasant experience for many of us. Property turnover fell 40% last year with buyers waiting for price falls and sellers unwilling to sell at these prices.
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Foreigners seeking luxury homes
Business, Published on 26/05/2023
» Foreign interest in purchasing luxury residences in Thailand, including condominiums, houses and villas in prime locations, has surged since the return of international tourists in the second half of 2022, according to property consultancy CBRE.
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RX Wellness investing US$20m to transform Colorado castle
Business, Kanana Katharangsiporn, Published on 14/03/2023
» RX Wellness, a subsidiary of SET-listed developer M.K. Real Estate Development Plc, will invest US$20 million to renovate the historic 121-year-old Redstone Castle in Colorado as its fourth wellness centre, and is eyeing Tuscany as its next destination.
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WHA Group eyes automakers
Business, Ranjana Wangvipula, Published on 09/09/2022
» WHA Group is targeting Chinese automaker BYD for industrial land sales as the company aims to operate a battery electric vehicle (BEV) assembly plant here in 2024, while hoping to establish an EV production base in Rayong.
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