property

Bangkok, Thailand, 29 November 2021- Architectural design does not only respond to the exterior and physical appearance of buildings, it also conceals meanings and functional benefits beyond our perception.

The Krungthai Bank’s business analysis arm, COMPASS, believes the MRT Purple Line’s southern extension will attract up to 80-billion-baht real-estate investment in the Tao Poon-Rat Burana area.

Mr. Nattha Kahapana, Deputy Managing Director and Head of Phuket Operation, Knight Frank Thailand, said that resale condominiums are considered a good indicator of pricing in the condominium market, reflecting the state of the market at any given time period and amid any situation.

8 October 2021, Bangkok – Dr. Karndee Leopairote, Executive Vice President of FutureTales Lab by MQDC, said the lab with Arup Foresight and Innovation, Australia, has researched 5 future scenarios in the next 30 years to 2050 for Greater Bangkok, which extends 150 km east from the city. The scenario analysis covers 6 dimensions: Live, Work, Learn, Play, Mobility, and Sustainability.

"Origin Property" announced its business expansion through a joint venture with "Tokyu Land Asia" to develop "One Phayathai", a mixed-use project with 3.6-billion-baht REIT value that gathers offices, retails and hotels in one building.

Get yourself ready for property news and investment in the real estate industry in the fast-changing world.

Country Group Development Public Company Limited (CGD) today announced the following results for the quarter ended March 31, 2021, as compared to the corresponding period of last fiscal year despite COVID-19 second wave

Raimon Land Public Company Limited announces 1Q/2021 profit increase of 199% as compared to the same period last year, announces profit of THB 138mn despite the COVID-19 economic downtrend.

The property sector in Bangkok and its vicinity will either grow or contract by 5 to 6 per cent depending on how successfully the government tackles the third wave of Covid-19 infections, property consultancy firm Lumpini Wisdom and Solution (LPN Wisdom) said.

The price index of condominiums for sale in Bangkok and its surroundings in the first quarter of 2021 decreased 0.8 per cent compared to the previous year, the Government Housing Bank’s Real Estate Information Centre (REIC) reported.

Though Thailand’s property market showed some signs of recovery in the third quarter of 2020, homebuyers’ purchasing power was weakened with the arrival of a new wave of Covid-19 infections in mid-December, Nattha Kahapana, deputy managing director and head of Knight Frank’s Phuket operations said.

Landy Home (Thailand) marked the grand opening of its flagship sales gallery on Ratchapruek Road on Wednesday by targeting Bt2.4 billion sales in the home building market in 2021 – or repeat yearly growth of 15 per cent.

A study conducted by Krungsri Research indicates that the housing sector in six key provinces will pick up in 2022-2023 thanks to developers’ strategy of cutting prices to release stock.

Property developers are directing their focus to outer Bangkok areas, especially along the Orange, Yellow and Pink Skytrain lines in 2021, a Colliers International Thailand executive said.

The Agency for Real Estate Affairs (AREA) on Thursday released a list of 15 most-expensive housing estates in Thailand, most of which are in Bangkok and its vicinity.

As one of Asia’s best tourism destinations, and Phuket's increasing tourist numbers each year, property business was among the sectors that grew continuously, says

The price of land in the heart of Bangkok has remained unchanged despite the Covid-19 crisis, Kulwadee Sawangsri, executive director of investment and land services for CBRE (Thailand), said on Wednesday.

Centara Hotels & Resorts, Thailand's leading hotel operator, has expanded its footprint in Southeast Asia by inking hotel management agreements for one resort in Khao Yai, Thailand, and two resorts in Vang Vieng, Laos, adding 304 keys to its group portfolio.

Since the Covid-19 outbreak, lifestyle and living including business practices of today's people have changed, with a "new normal" that requires social spacing, wearing masks, reduced contact, and keeping hands clean.

Most of the property markets in 2021, including condominiums, office space and shopping malls, are expected to contract due to the fallout from the Covid-19 pandemic, but the warehouse and factory rental markets will thrive due to rapid expansion of e-commerce, property experts said.

Real estate developer AP (Thailand) Pcl and Thailand Privilege Card Co Ltd, operator of Thailand Elite membership card, recently signed a memorandum of understanding for a special collaboration on the Elite Flexible One programme.

The government is wooing investors to take over Dhara Dhevi Hotel Chiang Mai by setting a low reserve price for the auction.

A group of Nirvana Daii (NVD) shareholders led by Sornsak Somwattana on Wednesday confirmed they had purchased Singha Estate’s entire shareholding in NVD of 711,855,320 shares, or 51.56 per cent of the total stock of NVD, at Bt2.52 per share.

Real estate firm Noble Development Plc (NOBLE) has unveiled plans to develop 11 new projects worth a total Bt45.1 billion in 2021.