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PROPERTY

Ascott targets Thailand as travel market transforms

Business, Kanana Katharangsiporn, Published on 07/07/2025

» The Ascott Ltd, a Singapore-based serviced residence and hotel operator, is focusing on Thailand as shifting travel patterns and evolving guest expectations reshape the hospitality landscape.

PROPERTY

Nye Estate unveils 2 high-end projects

Kanana Katharangsiporn, Published on 12/05/2025

» Property developer Nye Estate Co, a subsidiary of Narai Property, plans to launch two new high-end housing projects worth a combined 1.4 billion baht despite the unfavourable economy, banking on strong demand in the segment and the company's solid financial position.

PROPERTY

Centara sinks B1.4bn into revamp of Pattaya resort

Molpasorn Shoowong, Published on 07/02/2025

» Centara Hotels and Resorts (CHR) has invested 1.4 billion baht to revamp Centara Grand Mirage Beach Resort Pattaya to capture premium guests and families, as it wants to expand water park-themed hotels labelled "Mirage" to new destinations.

PROPERTY

Condo market subdued in Q4

Business, Kanana Katharangsiporn, Published on 28/12/2024

» Developers should focus on strategies to reduce risks and drain unsold units priced at 1-3 million baht in the condo market, which faces challenges from weakened purchasing power and stricter lending conditions, threatening market stability.

PROPERTY

Caution urged for Pattaya developers amid fears of a glut

Business, Kanana Katharangsiporn, Published on 07/05/2024

» Despite strong sales last year, Pattaya developers need to exercise caution before launching new condos to avoid an oversupply, as new launches in the market are projected to grow 50% to 5,000 units in 2024, according to property consultant Colliers Thailand.

PROPERTY

Seacon forecasts 10-15% revenue growth

Molpasorn Shoowong, Published on 08/02/2024

» Seacon, one of the country's oldest homebuilders, says demand for large homes and an improving economy will help drive revenue this year to 2.3 billion baht.

PROPERTY

Habitat Group, ECG jointly invest in condo project

Business, Kanana Katharangsiporn, Published on 27/09/2023

» Property developer Habitat Group and Thai private equity firm ECG Venture Capital are jointly investing in the development of a luxury condo project worth 3.5 billion baht in Pattaya, with the aim of tapping strong demand among foreign buyers.

PROPERTY

Hong Kongers shun Singapore for homes in Malaysia, Thailand, Taiwan

Bloomberg News, Published on 28/08/2019

» SINGAPORE: Singapore’s housing market isn’t turning out to be the beneficiary many may have thought from Hong Kong’s increasingly fraught protests. Instead, investors are looking to cheaper property markets like Malaysia, Thailand and Taiwan.