Showing 1 - 10 of 17
New hotel law raises safety concerns
Business, Narumon Kasemsuk, Published on 02/06/2025
» The Thai Hotels Association (THA) has raised the alarm for property owners over a new draft law for hotels, warning it could infringe on the rights of residents and compromise tourist safety, which is already a blemish for Thailand.
Mortgage rejection rates expected to remain high
Business, Kanana Katharangsiporn, Published on 10/04/2025
» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.
Ins and outs of daily condo rentals
Kanana Katharangsiporn, Published on 22/03/2025
» The illegal rental of condo units on a daily basis has sparked serious concerns among residents and co-owners over safety, irresponsible behaviour, and noise disturbances caused by short-term guests.
Lan Kwai Fong joins Phuket deal
Business, Molpasorn Shoowong, Published on 12/03/2025
» Robust long-stay demand in Phuket has attracted Hong Kong's Lan Kwai Fong Group to invest in a project worth 4.5 billion baht via joint ventures with a local developer, while a legal consultant suggested Thailand amend the hotel laws to permit the renting out of condo units on a daily basis.
Treasury project boosts lease agreements
Business, Wichit Chantanusornsiri, Published on 21/11/2024
» The Treasury Department is accelerating efforts to provide affordable state land leases for residential and agricultural purposes under the "Thanarak Eua Rat" (Treasury for the People) project, with a goal of issuing more than 3,900 lease agreements by 2025.
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.
Luring foreigners to real estate
Business, Wichit Chantanusornsiri, Published on 16/11/2024
» Finance Minister Pichai Chunhavajira is looking at several options to stimulate the country's economy, with a focus on attracting more foreign investors.
Entertainment complex entices Proud Group
Kanana Katharangsiporn, Published on 04/11/2024
» Property developer Proud Group is interested in entertainment complexes via partnerships with investors who obtain licences and want to include a theme or water park as a feature of their projects.
Sansiri sells Standard shares to Hyatt
Nuntawun Polkuamdee, Published on 21/08/2024
» Shares of Sansiri Plc (SIRI) rose by nearly 5% on Wednesday after Thailand’s leading property developer announced an agreement to sell shares of the US-based lifestyle hotel Standard International to the Hyatt group for US$355 million.
Travellers push up demand for rental residences
Business, Molpasorn Shoowong, Published on 05/03/2024
» Thailand can expect stronger demand for rental residences, especially from foreign expatriates or young workers who may not be able to afford to purchase a home, according to rental residence developer Homa.