In Popular Demand: Professional Property Management According to JLL, with Thailand’s real estate market evolving, professional property management services’ demand is on the up-and-up. In addition to the increase in property development numbers, the rise in awareness of property investors and owners with respect to the need to procure professional property management services for their realty acquisitions is the main…
The Rise In Demand For Public Space In Asian Cities There are some ambitious projects being development in the city of Bangkok, none of which are commercial, residential nor retail in nature. These are, on the contrary, open green-public spaces. According to JLL, a similar situation has been witnesses throughout Asia as city dwellers and governments take more interest…
State Land Auction: Minimum 1.5 Billion Targeted! Thailand’s Treasury Department plans to gather around 1.5 Billion THB at the least from the 15 state land plots being auctioned, according to its chief. Chakkrit Parapantakul, Thailand’s Treasury Department’s Director General stated in a recent interview that the afore mentioned 15 plots of land that are located in 13 provinces will…
Phuket To Have The Highest-priced Villas Built The property company Kamala Beach Resort & Hotel Management Co, with its base in Phuket and which is a joint venture with capital from Hong Kong, Singapore and Thailand, has decided to invest in the highest priced villa complex in Thailand. The villas project in Phuket, valued at about 700 Million THB, will…
Bangkok’s Commercial Real Estate Is Going Green A few years ago, the Ministry of Energy and the PTT changed their located to a more modern, highly developed 300,000 m2 office complex called The Energy Complex. This building was the first to have LEED certification labelling it a “green building”, with the highest possible level – Platinum Level. After…
Thailand To Focus on Well-off Chinese Medical Tourists Statistics indicate that the amount of Chinese tourists that go to Thailand as part of a medical tourism trip together with the number of affluent business people who are willing to spend a fortune on medical visits is impressive. Last year, more than 480,000 visitors arrived from China for medical tourism reasons….
CP Land Plc: 2.2 Billion THB Earmarked For Hotels CP Land Plc, which is a property division of Charoen Pokphand Group, is planning to set in motion a project to build nine hotels in different Thai provinces in 2017 and 2018, by investing 2.2 Billion THB in total. It also has plans to develop five condominium projects amounting to around…
Bright Future For Bangkok’s Commercial Property Sector Although the commercial real estate sector of Bangkok has been through an impressive development phase, arm’s length deals that produce moneymaking assets have been in short supply, as not one Class A office building has been sold for the last ten years. When we talk about an arm’s-length deal we mean a…
What’s the best height for a building? There are a number of factors that have worked in combination to lead to the development of high rise buildings or as they are commonly called skyscrapers. Some factors include the need to live, work and shop together with the inadequate land available for housing projects in certain areas. The majority of developers…
Plans For A Railway Connection Between Cambodia And Thailand As stated by a senior official, the end of 2016 will bring the railway project connecting between Cambodia and Thailand to fruition. However, there are still some parts of the line that stretch from Phnom Penh to Banteay Meanchey province that have not been repaired yet. Sun Chanthol, Minister of Public…
