Showing 1 - 10 of 11
For young Thais, owning a home put on hold
Somruedi Banchongduang, Published on 29/12/2025
» For many young Thais starting their careers, buying a home is less of an immediate goal and more of a long-term aspiration.
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.
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.
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.
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.
MQDC sets aside B400m for mall
Kanana Katharangsiporn, Published on 22/08/2023
» Property developer Magnolia Quality Development Corporation (MQDC) will invest 400 million baht to develop a community mall for creators within a mixed-use project — Cloud 11 — in collaboration with the operator of the Commons Thonglor.
ASW, Takara Leben prep Minburi condo
Business, Published on 02/03/2023
» Assetwise Plc (ASW), Thailand's leading lifestyle real estate developer, has strengthened its partnership with Japanese real estate giant Takara Leben to launch a 1.35-billion-baht condominium in Bangkok's Minburi district.
Pruksa revises business strategy
Business, Kanana Katharangsiporn, Published on 25/02/2023
» SET-listed developer Pruksa Holding has revised its business strategy to integrate residential development with healthcare and e-commerce, aiming to increase the revenue proportion from recurring income to 25% by 2028, more than triple the current figure.
PSH to rejig precast business via transfer
Business, Kanana Katharangsiporn, Published on 17/01/2023
» SET-listed developer Pruksa Holding Plc (PSH) will dilute its shares in the precast business through a share swap with General Engineering Plc (GEL) and will co-invest in logistics with Singaporean real estate firm Capitaland and Taiwan developer Ally Logistics Property to boost recurring income.
Pruksa expects to reach presales, revenue targets
Business, Kanana Katharangsiporn, Published on 12/08/2022
» Despite recording just one-third of its annual target in the first half, SET-listed developer Pruksa Holding Plc (PSH) maintained its 2022 presales and revenue goals of 31 and 33 billion baht, respectively, as it has confidence in its strategies and residential demand in the second half.