Foreigners to Thailand bought fewer property units in 2021, but spent more, survey finds A recent survey by the Government Housing Bank’s Real-Estate Information Centre (REIC) found that though fewer properties in Thailand were bought by foreigners last year, the value of the units they bought was significantly higher. Foreigners bought fewer units in 2021, […]
Continue Reading
Thailand’s property developers risk flooding the market, say analysts Residential developers should be more careful in terms of unveiling new launches this year as their plans represent the highest level recorded in more than a decade, while unsold inventory could exceed 1 trillion baht, leading to a high level of risk, according to Asia Plus […]
Continue Reading
Bangkok’s Narai Hotel eyes a luxurious future Hotel to be replaced with deluxe offerings SEE ALSO: Bangkok’s Narai Hotel Close Its Doors Friday After 54 Years Before Much Of It Is Knocked Down And Rebuilt Narai Hotel plans to build two new hotels on Silom Road by 2026, with an investment budget of 8-10 billion […]
Continue Reading
Black & Veatch, The Green Solutions Sign MoU to Advance Green Energy Production in Vietnam The Green Solutions appoints Black & Veatch to study the generation and storage of green hydrogen and green ammonia in Vietnam Black & Veatch and The Green Solutions (TGS) have signed a Memorandum of Understanding (MoU) to advance the production […]
Continue Reading
Vestas wins 100MW Vietnam wind order for an undisclosed customer Manufacturer will supply 24 V150-4.2MW turbines for the undisclosed project in the Mekong Delta The order covers supply, supervision of turbine installation, and commissioning of the wind project. Located near the shorelines of the Mekong Delta, the wind farm will include 24 V150-4.2MW wind turbines […]
Continue Reading
SP Group in tie-up to develop rooftop solar projects across Vietnam Utility group SP Group (Singapore Power Group) is partnering CJ OliveNetworks Vina Co (CJ ONS) to develop up to 50 megawatt-peak (MWp) worth of rooftop solar projects in Vietnam in the next two years. CJ ONS is a subsidiary of South Korea’s CJ OliveNetworks […]
Continue Reading
IKEA to open another store in Bangkok’s Phrom Phong area Last week, IKEA, the famous Swedish furniture company, announced is set to open another store in Bangkok’s Phrom Phong in the Emsphere, Emporium and Emquatier shopping district. The IKEA complex is still under construction and there is no announcement on the planned opening date. This […]
Continue Reading
Baht40m sought for Nan airport expansion study in northern Thailand The Department of Airports (DoA) is seeking a budget of 40 million baht to finance an Environment Impact Assessment (EIA) study on the expansion of Nan’s airport which is predicted to handle more passengers in the future. The DoA is planning to request from the […]
Continue Reading
State Railway of Thailand opens bids for development of land along Bang Sue-Khlong Ton line The State Railway of Thailand (SRT) is seeking bidders for the development of its 5.88-rai plot of land along the Bang Sue-Khlong Ton railway line in Bangkok, an SRT source said. The source added that interested parties have until April […]
Continue Reading
Property market slumps in Thailand’s South but picks up in Isaan, survey shows A recent survey by the Government Housing Bank’s Real-Estate Information Centre (REIC) shows that though fewer new property units are being released in the South, the property market in the Northeast is recovering fast. Property market slumps in South but picks up […]
Continue Reading