Showing 51 - 60 of 131
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.
A closer look at Phuket's boom
Kanana Katharangsiporn, Published on 04/11/2024
» The Phuket property market is expected to prolong its growth after posting another record high this year.
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.
Boom anticipated for top Phuket projects
Business, Molpasorn Shoowong, Published on 01/11/2024
» Grade A residential projects in Phuket are valued at 337 billion baht and are expected to grow by 10-20% annually over five years, driven by demand from affluent buyers globally, according to C9 Hotelworks, a hospitality consultancy.
Phuket posts over 10% rental yield
Kanana Katharangsiporn, Published on 30/10/2024
» The rental residential market in Phuket has generated an annual yield of more than 10% this year, driven by the ongoing tourism and property boom, which has fuelled high demand for short- and long-term rental properties in prime areas.
Sansiri upbeat on outlook for Phuket
Kanana Katharangsiporn, Published on 16/10/2024
» SET-listed developer Sansiri is optimistic regarding the Phuket property market, with plans to launch new residential projects worth in excess of 10 billion baht, while it aims to increase the proportion of revenue generated by sales and transfers from 6% to 16% next year.
Call for looser real estate lending rules
Business, Published on 20/09/2024
» The government is advised to ease lending restrictions and reduce interest rates as newly completed condo units worth more than 86 billion baht are awaiting transfer in the fourth quarter, which could lift both the property sector and the entire economy, says the Thai Condominium Association.
Hylife Group aims to go public by 2030
Business, Nareerat Wiriyapong, Published on 18/09/2024
» Hylife Group, a Chiang Mai-based Indian-owned conglomerate, plans to float shares on either the Thai bourse or another Asian stock market by 2030 as it aggressively expands in Thailand, says chief executive Shubhodeep Das.
Phuket villa launches smash records
Business, Kanana Katharangsiporn, Published on 04/09/2024
» New villa supply launched in Phuket in the first half of 2024 surpassed total launches for the whole of 2023, with the value exceeding that of condos for the first time in 15 years, largely driven by strong demand from Russians.
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.