Showing 1 - 9 of 9
Narongdej family fully backs Raimon Land's capital increase
Business, Nareerat Wiriyapong, Published on 04/09/2024
» The Narongdej family is fully committed to Raimon Land's (RML) ongoing capital increase, says the company's chairman, noting that the completed and ongoing projects of the listed luxury property developer would generate more than 30 billion baht in revenue over the next 1-3 years.
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.
Hong Kong home sales sink to 33-year low
South China Morning Post, Published on 03/01/2024
» Property transactions in Hong Kong descended to the lowest level in 33 years in 2023 as sentiment among potential homebuyers was submerged under a deluge of poor economic news and high interest rates, although December's sales figures showed some rebound.
Cabinet okays third phase of budget housing scheme
Business, Phusadee Arunmas, Published on 22/02/2023
» The cabinet on Tuesday approved the third phase of a low-price housing scheme worth 20 billion baht, agreeing to 2.19 billion worth of compensation for low-rate mortgages for Government Housing (GH) Bank.
Ageing office buildings under pressure
Business, Published on 09/08/2022
» Amid growing competition in the Bangkok office market, fuelled by a large amount of new supply in the pipeline, ageing office buildings are losing their ability to retain and attract occupiers.
Foreign property lures are rejected
Business, Chatrudee Theparat, Published on 22/01/2022
» The Centre for Economic Situation Administration (CESA) chaired by Prime Minister Prayut Chan-o-cha on Friday put the brakes on proposals to increase foreign ownership quotas for condominiums from 49% and expand property leasehold rights for foreigners from 30 years to 50 years.
Historic Hua Lamphong station to take on new life under SRT development plans
News, Supoj Wancharoen, Aye Kein Kam and Karnkana Karnjanatawe, Published on 28/11/2021
» The sound of a station bell faded while a train was about to leave its platform at Bangkok's Hua Lamphong station. Soon the bell will not be used while the century-old train station will become history when it is closed down next month.
Property shift detected
Business, Published on 29/07/2019
» The total value of investments across all property sectors in Thailand reached 19.2 billion baht in the first half of this year. More than half of that total came from just two transactions in Bangkok: the sale of the Sun Towers office complex and the sale of an 11-rai development site near the Mo Chit skytrain station, according to the property consultancy JLL.
Office supply and demand rising despite surplus jitters
Business, Published on 13/07/2019
» The Bangkok office market continued its robust performance in the second quarter with rises in supply, demand and monthly rent, according to property consultant Colliers International Thailand.