Real Estate

Thailand’s property market surges with Chinese confidence remaining high

Thailand’s property market surges with Chinese confidence remaining high

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Chinese investors are still spending big in Thailand’s property market. The country’s ‘teflon’ tourist reputation and uncertain national election outcomes are doing little subdue investor enthusiasm. Two coups in a decade have done little to cool enthusiasm in Thai property. Tourists from Asia’s top economy continue to recognise Thailand as a top […]

B14bn of hotel assets sold in Thailand in 2018

B14bn of hotel assets sold in Thailand in 2018

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BANGKOK: Hotel investment transaction volume in Thailand reached B14 billion in 2018. Whilst the volume is higher than expected and well above the five-year average of B13.2bn per annum recorded between 2013 and 2017, it failed to break the record of B17.1bn witnessed in 2017, according to property consultancy JLL. […]

Asia Pacific commercial real estate investment to rise by 5% in 2019, says JLL

Asia Pacific commercial real estate investment to rise by 5% in 2019, says JLL

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BANGKOK: Asia-Pacific’s overall real estate transaction volumes in 2019 are expected to rise by 5%, says global real estate consultant JLL. “A decade into the economic cycle, investors are contending with macro risks and geopolitical uncertainty such as rising interest rates, continued trade tensions between the US and China, as […]

Property developers anxious about year ahead

Property developers anxious about year ahead

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BANGKOK: Property developers should be more cautious about financial liquidity and new supply launches because residential presales and transfers are unlikely to be as robust as previously expected this year. Atip Bijanonda, president of the Housing Business Association, said that if the global economy does not improve, there will be […]

City by the Bay – Laguna Phuket’s urbanisation

City by the Bay – Laguna Phuket’s urbanisation

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If you were going to play a soundtrack to this story, perhaps it could be started off best with the 80’s hit “We Built This City”. If you toured the Laguna Phuket area in the year the song charted in 1985, the area was an eerie lunar landscape of a former tin […]

Phuket’s hotel and property players look north

Phuket’s hotel and property players look north

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One of Greater Phuket’s real estate and hotel market’s that has a decided buzz of late is the area up over the Sarasin bridge in Phang Nga. In Natai, the entry of the Baba Beach Club and nearby Akyra is creating renewed visibility for the broad West Coast stretch of white sand beach. […]

Airbnb Plus launch targets Bangkok, Phuket

Airbnb Plus launch targets Bangkok, Phuket

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PHUKET: Airbnb has launched its Airbnb Plus platform offering high-end properties in Bangkok, and will add high-end properties in Phuket next month. Airbnb Plus listings are of homes “of the highest quality offered by hosts with great reviews and attention to detail”, explained a release issue on Thursday (Nov 22). […]

Phuket Sheraton, Boat Pattana among winners at PropertyGuru Asia-Pacific awards

Phuket Sheraton, Boat Pattana among winners at PropertyGuru Asia-Pacific awards

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PHUKET: The Sheraton Phuket Grand Bay Resort by Apex Development PCL has won the ‘Best Hotel Architectural Design (Asia)’ accolade at the 2018 PropertyGuru Asia Property Awards. Meanwhile, Boat Pattana Co Ltd, the company behind the Phuket Boat Lagoon projects, won a nomination for ‘Best Boutique Developer (Asia)’ among the […]

Hotel #4 for Centara Hotels in Krabi

Hotel #4 for Centara Hotels in Krabi

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Centara Hotels & Resorts, Thailand’s largest hotel group, has just signed a Hotel Management Agreement for a 180 room property on Ao Nang Beach, Krabi. The new hotel will be under its ‘Centara’ brand. Centara Ao Nang Beach Resort & Spa Krabi will be the company’s fourth property in Krabi […]

Meliá Hotels International signs up Meliá Phuket Karon

Meliá Hotels International signs up Meliá Phuket Karon

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Meliá Hotels International, a leading Spanish hotel company, has announced the signing of Meliá Phuket Karon, the second property in Thailand, followed by Meliá Phuket Mai Khao. Meliá Phuket Karon will be the group’s sixth property in Thailand, continuing their dedication in providing exceptional hospitality with a Spanish touch, to […]