Showing 71 - 80 of 131
'No effect' from increasing foreign ownership quota
Kanana Katharangsiporn, Published on 24/06/2024
» An increase in the foreign ownership quota for condos to 75% is unlikely to significantly impact the Thai property market or economy as very few condo projects have reached the quota, an analyst said.
Real estate execs back steps to boost foreign investment
Online Reporters, Published on 22/06/2024
» Local real estate executives have expressed support for proposals to extend land-lease periods to as long as 99 years, saying the change would be conducive to attracting more foreign investment.
CPN proud to be in regional Fortune 500
Business, Published on 20/06/2024
» Central Pattana Plc (CPN) is included in the 2024 Fortune Southeast Asia 500, which represents the 500 largest companies in Southeast Asia by revenue, organised for the first time in the region by Fortune magazine.
Sansiri targets strong condo markets
Kanana Katharangsiporn, Published on 17/06/2024
» SET-listed developer Sansiri plans to continue with its condo business strategies to cope with slow economic growth, focusing on strong demand and strategic locations in all pricing segments.
Foreigners lead the way in condo market
Business, Kanana Katharangsiporn, Published on 14/05/2024
» Foreign buyers dominated the condo market in the first quarter of 2024, with new launches focused on major tourist destinations, amounting to a combined investment value of more than 56.6 billion baht.
Developers want foreign quotas to be hiked
Kanana Katharangsiporn, Published on 17/04/2024
» Foreign ownership quotas for condos should be increased in certain areas to stimulate the economy as increasing demand from foreign buyers last year is expected to continue this year.
Raimon preps trio of deluxe projects
Business, Kanana Katharangsiporn, Published on 05/04/2024
» SET-listed developer Raimon Land plans to launch three new luxury low-rise housing projects worth a combined 16 billion baht, while selling the One City Centre office building to generate revenue more quickly, aiming to turn a profit next year.
Foreign condo sales top pre-Covid level
Bloomberg News and Post Reporters, Published on 04/04/2024
» Chinese and Russians topped the list of foreign buyers of condominiums in Thailand last year, with visa waivers and geopolitical conflict driving demand above pre-Covid levels, according to the Real Estate Information Center (REIC).
Russians control residential leasehold segment in Phuket
Business, Kanana Katharangsiporn, Published on 15/03/2024
» The value of residential units in Phuket leased long-term by the top 10 foreign nationalities almost tripled to 12.8 billion baht in 2023, mainly driven by Russian buyers fleeing the conflict in Europe as the foreign quota for condos was filled in many areas of the island.
Overwhelmed by success
Molpasorn Shoowong, Narumon Kasemsuk and Kanana Katharangsiporn, Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.