NCPO backs EEC land use guidelines

October 25, 2017 property

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The National Council for Peace and Order (NCPO) yesterday approved guidelines for land utilisation in the Eastern Economic Corridor (EEC) in a bid to facilitate investment.

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Bangkok office market sees rising co-working space demand

October 25, 2017 property

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While most of the existing co-working spaces in Bangkok are located in stand-alone buildings and non-commercial properties, an increasing number of co-working space brands have now operated in office buildings.

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Residential developers cautious on investment

October 24, 2017 property

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Residential developers remained cautious on investment in the third quarter amid low consumer confidence and slowed economic activities, according to a survey by the Real Estate Information Center (REIC).

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China drives tourism growth in Asia-Pacific

October 18, 2017 property

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The Asia-Pacific region has seen the fastest growth in tourist arrivals compared to any other region in the world but countries could do well to focus on quality rather than numbers.

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Dhanarak seeks Centara deal

October 18, 2017 property

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Dhanarak Asset Development Co, a state enterprise under the Treasury Department, has sought the Finance Ministry’s approval to grant a 20-year rental contract for a convention centre and hotel at the Chaeng Watthana Government Complex to Centara Hotels and Resorts.

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Minimal condo effects forecast

October 17, 2017 property

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Last weekend’s flash floods in Bangkok damaged cars and property at some condominium projects in the Sukhumvit area, but are unlikely to have a major impact on the condo market, say property experts.

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Rise of the robot parking valets

October 15, 2017 property

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Automated parking is a technology that has been used in many countries and has proved to be safe for both drivers and vehicles. The technology is generally used when space is at a premium and the cost of land and construction outweighs the cost of implementing such a system.

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Condominium sales high in posh area

October 13, 2017 property

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The price of land in the area stretching from Asok to Thong Lor has risen at the rate of 19% per year in the past seven years, driving up prices of new condominiums in the belt by 9% per year, says consulting firm Nexus Property Marketing Co.

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SRT told to form subsidiary for land use

October 12, 2017 property

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Loss-making State Railway of Thailand (SRT) has been ordered to accelerate the formation of a wholly owned subsidiary to manage and make the best commercial use of vast areas of plots nationwide, a move that should help tackle its massive outstanding debt of 100 billion baht.

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PF, partners eye Bangkok development

October 12, 2017 property

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Tokyo: SET-listed developer Property Perfect Plc (PF), in partnership with its SET-listed subsidiary Grande Asset Hotels and Property Plc and Japanese partner Sumitomo Forestry Co, have vowed to ramp up construction of detached houses and condos in Bangkok and beyond over the next five years, with an investment budget of 20-30 billion baht.

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