Mixed-Use Developments More Popular Than Ever
Building stand-alone retail developments at prime locations in Bangkok is not as attractive as it has been in the past. Instead, companies that once use to focus on retail projects have started building mixed-use developments.
Continue Reading • 10 Nov 2017
High Demand For Phuket Low Income Housing
There are 3 new Phuket housing projects designed for low income earners and those on financial assistance and reservations for units in these developments have been brisk.
Continue Reading • 9 Nov 2017
Sansiri or Singha Estate Could Buy Pace Development Projects
Both Singha Estate Plc and Sansiri are considering a move to take over projects owned by Pace Development Corporation Plc. The developer may need to sell its property projects because it is being forced to repay loans to SCB.
Continue Reading • 9 Nov 2017
2nd Mixed-Use Development From TCC Group
TCC Group is planning to start construction on a new mixed-use project on Rama IV Road before the end of the year. . The project will be built on land owned by the Crown Property Bureau (CPB) near the Klong Toey intersection.
Continue Reading • 8 Nov 2017
Bangkok Developer Launches Project In Hua Hin
Enrich Group announced plans for a THB1.5 billion mixed-use project in Hua Hin that will have a hotel, condo, and restaurant space.
Continue Reading • 8 Nov 2017
Pacific Star And DAMAC Team Up For Projects In Asia
PSD has reached an agreement with DAMAC International, a property developer from the Middle East, that will see the 2 companies develop luxury properties across Southeast Asia during the next 5 years.
Continue Reading • 7 Nov 2017
Sansiri Excited For The Next 2 Months
Sansiri Plc believes the Thai property market will perform well during November and December. The company is targeting THB13 billion in pre-sales and is set to launch 10 new projects before the end of 2017.
Continue Reading • 7 Nov 2017
Siamese Asset Moves Into Office Sector
Siamese Asset Co is known for its residential projects, but the company will now move into the office sector. The company is going to set up a joint venture partnership with Standard Chartered Singapore for an office building.
Continue Reading • 6 Nov 2017
Meliá And TCC Land Team Up To Open 2 New Thailand Hotels
Meliá Hotels International will open 2 new hotels in the coming years after signing agreements for the Meliá Chiang Mai and Innside Bangkok Sukhumvit.
Continue Reading • 6 Nov 2017
Branded Hotel Residences Most Popular In Phuket
The number of branded hotel residences in Phuket is more than double that of Pattaya, the 2nd closest city in terms of numbers, showing the popularity of this property type on the island.
Continue Reading • 3 Nov 2017
Aetas Hotel Order To Be Demolished
Plans to demolish the Aetas Hotel have been pushed ahead by the Bangkok Metropolitan Administration (BMA) who are seeking a budget of THB200 million to pay for the work.
Continue Reading • 3 Nov 2017
Co-Working Companies Move To Office Buildings
Many Co-working spaces in Bangkok are currently housed in stand-alone buildings or non-commercial properties, but a growing number of co-working brands have opened branches in office buildings.
Continue Reading • 2 Nov 2017
Foreigners To Be Banned From Buying New Zealand Real Estate
The New Zealand government will ban foreigners from buying existing homes as it looks to find a way to cool soaring property prices.
Continue Reading • 2 Nov 2017
Piyasombat Property To Make Large Real Estate Investment
Piyasombat Property will see it invest THB12 billion to THB13 billion in the next 5 years on property projects. The company will develop new hotels and other real estate projects as part of this investment.
Continue Reading • 1 Nov 2017
Developers Cautious During the 3rd Quarter
The 3rd quarter was slow as residential developers remained cautious about investment during this time. Low consumer confidence and slower economic activities in Thailand were cited as the reason for the cautious approach.
Continue Reading • 1 Nov 2017
Micro-Living Could Soon Be Coming To Bangkok
Cities including San Francisco and Manhattan have seen a new class of apartment, known as “micro-apartments”, spring up and there is some speculation that this trend could soon be coming to Bangkok.
Continue Reading • 31 Oct 2017
4 Projects To Be Launched By Major Development Next Year
Major Development Plc will launch a total of 4 new projects in 2018 as it is predicting an upturn in Thailand’s economy. The 4 developments are worth a combined THB8 billion with 3 of the projects being condos.
Continue Reading • 31 Oct 2017
Rents For Bangkok Skyscrapers 10 Times Cheaper Than Hong Kong
The 2018 Report includes the Skyscraper Index which examines the rental performance of commercial buildings over 30 stories across 23 global cities. Thai capital which were far cheaper than several other major cities in Asia.
Continue Reading • 30 Oct 2017
More Growth In Malls Coming To Thailand
TSCA are ready to invest THB57 billion to increase their combined mall space. They are planning to push their space to over 9.1 million square meters by 2019. These plans are part of TSCA’s Shopping Centre 4.0 strategy.
Continue Reading • 30 Oct 2017
Foreign Representatives From Over 42 Countries Attend Royal Cremation Ceremony
Over 12 royals and senior officials of foreign governments arrived in Thailand on Wednesday joining the foreign representatives from 30 countries who had landed in the country earlier in the week.
Continue Reading • 27 Oct 2017