Showing 1 - 10 of 24
Mandarin Oriental overhaul underway
Business, Kuakul Mornkum and Somhatai Mosika, Published on 02/05/2025
» Mandarin Oriental Hotel Group is investing roughly US$100 million to renovate the Mandarin Oriental, Bangkok, with plans to complete the project by the fourth quarter of this year.
Investors dump Hong Kong properties at 20% loss as tariff war dents recovery hopes
South China Morning Post, Published on 11/04/2025
» Hong Kong property investors have continued to put up assets for sale at a loss as a tariff war between the US and China escalates, unsettling a market that has already struggled to overcome years of distress.
Singapore private home prices hit by surprise slowdown
Bloomberg News, Published on 01/04/2025
» SINGAPORE — Singapore private home prices grew at a slower pace in the first quarter, surprising analysts who had expected a bigger rise after months of renewed interest in new projects.
Thailand plans $1.7bn of soft loans for property sector
Reuters and Wichit Chantanusornsiri, Published on 17/10/2024
» The government is planning to offer 55 billion baht (US$1.66 billion) of soft loans to support the property sector and help boost the economy, a deputy finance minister said on Thursday.
PM allays foreign quota fears
Onnucha Hutasingh and Wassana Nanuam, Published on 23/06/2024
» Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will help stimulate the economy.
Cabinet endorses property stimulus
Business, Phusadee Arunmas and Kanana Katharangsiporn, Published on 10/04/2024
» The cabinet on Tuesday approved fresh property measures, including new cuts of the transfer fee and raising the limit for home and condo prices eligible for the transfer and mortgage registration fee benefits to 7 million baht, up from the current level of less than 3 million.
Property perks ‘could lift GDP growth to 4%’
Reuters and Bloomberg, Published on 09/04/2024
» The economy could grow by slightly more than 4% this year, driven by measures to boost the property sector approved on Tuesday, the Ministry of Finance said, as the government attempts to revive economic activity.
Foreign condo sales top pre-Covid level
Bloomberg News and Post Reporters, Published on 04/04/2024
» Chinese and Russians topped the list of foreign buyers of condominiums in Thailand last year, with visa waivers and geopolitical conflict driving demand above pre-Covid levels, according to the Real Estate Information Center (REIC).
Chinese buyers benefited from Hong Kong's property curbs removal
South China Morning Post, Published on 26/03/2024
» HONG KONG: Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million (140 million baht) or more since the removal of all of Hong Kong's property curbs last month, JLL said.
Overwhelmed by success
Molpasorn Shoowong, Narumon Kasemsuk and Kanana Katharangsiporn, Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.