Showing 1 - 10 of 31
UHG to sink B1.5bn into hotel expansion
Business, Kanana Katharangsiporn, Published on 09/05/2025
» Commercial property developer UHG plans to invest 1.5 billion baht to expand its hotel portfolio in fringe areas of Bangkok and convert office space on Lat Phrao Soi 4 into hotel rooms, capitalising on tourism and escaping the oversupplied office market.
JLL Thailand anticipates double-digit growth in 2025
Business, Kanana Katharangsiporn, Published on 28/11/2024
» Property consultant JLL Thailand expects to sustain its growth in 2025, building on a 30% increase in 2024, the largest in five years, driven by hotel transactions, land deals, property management and consultancy services.
UHG allots B1bn for two mid-tier hotels
Business, Kanana Katharangsiporn, Published on 01/08/2024
» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.
Property Perfect plans cautious strategy
Business, Kanana Katharangsiporn, Published on 28/02/2024
» SET-listed developer Property Perfect is taking a more cautious approach this year, focusing on debt reduction and launching fewer new projects because of stricter funding rules for both supply and demand.
Watthana top among condo buyers
Business, Kanana Katharangsiporn, Published on 06/01/2024
» Despite the high price per square metre, the Watthana district was Bangkok's most popular location among both foreign and domestic condo buyers and tenants because of its amenities and convenient transport options.
Growth in office supply to squeeze landlords
Business, Kanana Katharangsiporn, Published on 23/08/2023
» The completion of over 1.5 million square metres of new Bangkok office space within the next two years continues to put pressure on office landlords.
Chinese buyers gradually cool on Thailand as destination
Business, Kanana Katharangsiporn, Published on 15/08/2023
» Thailand dipped to fifth among destinations for Chinese property buyers, down one spot from last year and the top ranking in 2021, attributed to a sluggish recovery of travel and pricey flights.
Sukhumvit the apex for resale condos
Business, Kanana Katharangsiporn, Published on 14/03/2023
» Sukhumvit has become the hottest location for resale condos and low-rise houses in the upscale-and-above segment while Wireless Road had the highest resale price per square metre at 800,000 baht.
Joox and Paragon hold triple-location concert
Business, Published on 06/11/2020
» Social music application Joox and Siam Paragon have partnered to host a fashion and music event virtually at three locations: TCDC Khon Kaen, One Nimman in Chiang Mai and Parc Paragon Bangkok tomorrow.
Office market draws external investors
Business, Kanana Katharangsiporn, Published on 05/08/2020
» A robust office market has attracted non-developer Thai investors and foreign investment groups, with a large amount of new supply being added in Bangkok after 2024, according to property consultant Colliers International Thailand.