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THAILAND

Condo demand goes soft

Business, Kanana Katharangsiporn, Published on 02/07/2018

» Soft demand in the condominium market, a high rejection rate for mortgage applications among middle- to lower-end buyers and a decrease in high-priced housing supply have driven developers to shift to luxury single detached houses.

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THAILAND

Expanding space for co-working

Business, Kanana Katharangsiporn, Published on 28/05/2018

» The market for co-working space in Thailand is growing quickly, estimated to increase by 25% this year, driven by both local and international players.

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THAILAND

Squabble over EEC foreign land

Business, Kanana Katharangsiporn, Published on 19/03/2018

» The much-touted Eastern Economic Corridor (EEC) is aimed at reviving the success of the Eastern Seaboard Development Project from the early 1980s, but one major sticking point drawing polarising opinions is whether to allow foreign companies to have 100% land ownership in real estate.

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THAILAND

Costliest slices of the Big Mango

Business, Kanana Katharangsiporn, Published on 26/02/2018

» For your average Joe, 100,000 baht per square wah is no trifling sum for a piece of land. But for inner Bangkok, it's small change, as the area has set a record high of 3.17 million baht per sq wah for a 880-sq-wah plot on Lang Suan Road. (One wah equals two metres.)

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THAILAND

Bangkok area to see condo supply growth

Business, Kanana Katharangsiporn, Published on 30/11/2017

» The Greater Bangkok residential condominium market will continue growing with strong demand in locations near mass transit lines, driving supply in Nonthaburi and Samut Prakan provinces, says property consultant Colliers International Thailand.

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THAILAND

5,000 potential 'Grenfell towers' in city, experts warn

News, Kanana Katharangsiporn, Published on 21/06/2017

» More than 5,000 buildings in Bangkok are not certified for fire safety as required by law, meaning they are potentially hazardous and subject to penalties for lacking the so-called Ror 1 certificate, officials said yesterday.

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THAILAND

NHA hankers for Section 44 use

Business, Kanana Katharangsiporn, Published on 11/02/2017

» The National Housing Authority (NHA) will ask Prime Minister Prayut Chan-o-cha to use special powers under Section 44 to enable low-income housing development on land owned by the Mass Rapid Transit Authority of Thailand (MRTA).

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THAILAND

Phuket raps illegal hotels

Business, Kanana Katharangsiporn, Published on 12/12/2016

» Phuket province has given a deadline of Jan 31 for unlicensed hotels to go legal before starting to shut them down in February next year.

THAILAND

Condo site workers all shook up

News, Kanana Katharangsiporn, Published on 20/09/2016

» Workers at a 60-storey condominium building being built on Ratchadamri Road downed tools and fled in panic yesterday when a strong vibration shook the construction site.

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THAILAND

Ministry vows massive transit line expansion

Business, Kanana Katharangsiporn, Published on 04/08/2016

» The Transport Ministry has vowed to open a new mass transit line every year during 2016-20, with 10 more routes planned in Greater Bangkok as land prices along them continue to soar.