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Search Result for “singapore”

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PROPERTY

Phuket high-end markets see solid growth

Business, Kanana Katharangsiporn, Published on 27/11/2025

» Phuket's high-end villa and condo markets remain robust, supported by steady demand from foreign buyers, particularly long-stay travellers and remote workers, despite a slowdown in tourism.

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PROPERTY

Luxury condos experience growth as Bangkok demand surges

Business, Kanana Katharangsiporn, Published on 04/11/2025

» Despite the global economic slowdown, Bangkok's ultra-luxury condo market continues to grow, fuelled by sustained demand from Thailand's wealthy elite and foreign investors, according to property consultancy Colliers Thailand.

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PROPERTY

SCX allots B2bn for second Pattaya hotel

Business, Kanana Katharangsiporn, Published on 22/10/2025

» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.

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BUSINESS

Call for power upgrades to fuel data centres

Business, Kanana Katharangsiporn, Published on 16/10/2025

» Thailand's data centre capacity is projected to more than double over the next few years, but the government must upgrade power transmission lines and substations as electricity shortages are emerging in key provinces such as Chon Buri and Rayong.

BUSINESS

Ascott sees revenue and rates reviving next year

Business, Kanana Katharangsiporn, Published on 09/10/2025

» The Ascott Limited Thailand, the wholly owned lodging business unit of Singapore-based CapitaLand Investment, expects revenue, occupancy and room rates to recover in 2026, with plans to diversify into resort destinations such as Phuket and secure a management contract in Hat Yai.

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BUSINESS

SCX's 2 new hotels to generate B900m

Business, Kanana Katharangsiporn, Published on 18/09/2025

» SET-listed developer SC Asset Corporation's subsidiary SCX Corporation, which manages its recurring-income assets, plans to open two new hotels in Bangkok and Pattaya over the next five weeks, targeting 900 million baht in revenue in 2026.

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PROPERTY

Noble unlikely to meet target for presales

Business, Kanana Katharangsiporn, Published on 27/08/2025

» SET-listed Noble Development expects to miss its 2025 presales target of 13 billion baht, attributed to a sluggish economy and weak housing demand, prompting it to postpone new project launches from the second half of this year to 2026.

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PROPERTY

What luxury property buyers really want

Kanana Katharangsiporn, Published on 26/07/2025

» With affluent consumers seeking an emotional connection and alignment with their values, these demands require real estate agents to evolve.

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PROPERTY

Ascott targets Thailand as travel market transforms

Business, Kanana Katharangsiporn, Published on 07/07/2025

» The Ascott Ltd, a Singapore-based serviced residence and hotel operator, is focusing on Thailand as shifting travel patterns and evolving guest expectations reshape the hospitality landscape.

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PROPERTY

Foreign demand dip seen persisting

Business, Kanana Katharangsiporn, Published on 10/06/2025

» The intensified crackdown on nominee ownership since late last year, coupled with the global economic downturn, is expected to weaken foreign purchasing power and dampen overseas property demand in 2025.