Showing 1 - 10 of 22
Luxury houses still top Bangkok's real estate sales charts
Kanana Katharangsiporn, Published on 23/12/2024
» Luxury single detached houses continued to be the best-selling segment in Greater Bangkok this year, despite a significant amount of new supply launched over the past two years, which reached a peak in 2023.
RML adds flagship One City Center property to REIT
Nareerat Wiriyapong, Published on 23/12/2024
» Raimon Land Plc (RML) plans to include its flagship One City Centre (OCC) property in central Bangkok, valued at 14.8 billion baht, in a real estate investment trust (REIT) as part of its strategy to enhance long-term financial stability.
AssetWise keen on projects in Pattaya
Kanana Katharangsiporn, Published on 16/12/2024
» SET-listed developer AssetWise plans to launch 1-2 projects annually in Pattaya, with a combined value of 2 billion baht, aiming to capitalise on strong demand from diverse buyer segments, particularly foreigners.
Foreigners drive Phuket condo segment
Business, Kanana Katharangsiporn, Published on 11/12/2024
» Strong demand from foreign buyers continues to draw Bangkok-based developers to Phuket's condo market as they seek diversification from weak local demand.
Delay of 2 months for land and building tax collection
Wichit Chantanusornsiri, Published on 02/12/2024
» The government has postponed the collection of the land and building tax by two months, with collection starting in June 2025. Tax payments can be made in three instalments.
CPN allots B1bn to enlarge Phuket mall
Kanana Katharangsiporn, Published on 02/12/2024
» Retail and property developer Central Pattana Plc (CPN) has earmarked 1 billion baht to expand Central Phuket's Floresta Zone with an additional 20,000 square metres for luxury brands catering to high-end customers, 70% of whom are foreigners.
Generation Rent
Business, Somruedi Banchongduang, Published on 02/12/2024
» Potential homebuyers from Gen Y and Z face significant obstacles to owning a home, with the primary one limited access to mortgages.
SCOPE Langsuan boasts top rental rate
Business, Published on 27/11/2024
» SCOPE Langsuan, a super-luxury freehold condo on Lang Suan Road, has achieved the highest rental rate in Bangkok, reaching 2,500 baht per square metre per month, attributed to strong demand and the limited supply of properties in the area.
Property Perfect chops presales, revenue outlook
Kanana Katharangsiporn, Published on 27/11/2024
» SET-listed developer Property Perfect halved its 2024 presales target to 8.2 billion baht and cut its revenue projection by 20% to 8.8 billion baht, marking the second revision this year, as it plans to sell riverside hotel Royal Orchid Sheraton for 6 billion baht next year.
Hostels demand new regulations for sector amid slump
Molpasorn Shoowong, Published on 20/11/2024
» Hostel operators are calling for a new accommodation regulation dedicated to them, as the Hotel Act is not feasible for small-scale businesses with a low budget, according to the Hostel Thailand Association.