Author: Peter Carlisle

Baht72m purse to turn Phuket into a world-class health tourism hub Construction of the four medical and healthcare centres An initial sum of 72.27 million baht will soon be disbursed to turn Phuket into a world-class health tourism hub, the Ministry of Public Health revealed yesterday. It is a portion of an overall budget worth […]

Thai developer Sena Development resumes condo spree with partner Japanese developer Hankyu Hanshin Properties SET-listed developer Sena Development is planning to launch 26 new residential projects worth a combined 24 billion baht, with more than 85% joint ventures with Japanese developer Hankyu Hanshin Properties. Kessara Thanyalakpark, managing director of Sena, said presales and revenue this […]

Norwegian architect Snøhetta designs innovation hub with Bangkok’s largest elevated garden Norwegian architect Snøhetta has unveiled its design for Cloud 11, a 254,000 sq m mixed-use building in Bangkok’s South Sukhumvit district. Snøhetta says the building will be an “innovation hub”, offering with spaces for artists, creatives and technology firms, and will contain Bangkok’s largest […]

Japan’s Tokyu Land invests in three Thai hotels as tourists return Japanese real estate developer Tokyu Land is betting on hospitality in the Land of Smiles, with the company’s Singaporean arm investing in a trio of Ibis-branded hotels in separate resort areas in Thailand as tourism stages a partial post-Covid comeback. Tokyu Land Asia will […]

Thailand’s top court rules in favour of MRT authority in lawsuit over MRTA Orange Line bidding BANGKOK (The Nation/Asia News Network): The Supreme Administrative Court on Wednesday (March 1) cleared the Mass Rapid Transit Authority of Thailand (MRTA) of any wrongdoing in a lawsuit filed by the Bangkok Mass Transit System (BTSC) over bidding for […]

Thai developer Thanasiri Group to launch four new projects in 2023 Projects to be worth 3.3 billion baht Mid-sized developer Thanasiri Group Plc is to launch four new projects this year worth 3.3 billion baht, aiming for 1.8 billion baht in presales with more than a third coming from joint ventures with Japanese partner Anabuki. […]

Russians own 40% of foreign-owned condos in Phuket Thailand’s Real Estate Information Centre (REIC) reported that Russian citizens own nearly 40% of foreign-owned condominiums in Phuket, worth a collective 880 million baht (US$25). In Phuket, Russians have overtaken the Chinese as the No.1 condo buyer. Since Russia invaded Ukraine on February 24 last year, Thailand […]