Author: Peter Carlisle

COVID-19 slams Phuket property market, highest unsold units in Southern Thailand The top five areas in Southern Thailand with the most unsold property units are all located in Phuket, the national Real Estate Information Center (REIC) has revealed. REIC Acting Director Wichai Wiratkaphan revealed in report released yesterday (Nov 16) that in the first half […]

Mass Rapid Transit Authority Thailand puts Bangkok’s Orange Line extension bids on hold The Mass Rapid Transit Authority of Thailand (MRTA) has indefinitely postponed considering bids for construction of the subway system’s Orange Line western extension. MRTA governor Pakapong Sirikantaramas on Tuesday revealed that the Supreme Administrative Court had yet to rule on a bidding dispute […]

Thailand’s largest property development project ‘The Forestias’ ready to open in Bangkok Leading Thailand property developer, Magnolia Quality Development Corporation (MQDC) has announced that The Forestias is making rapid progress in its construction. Set to be Thailand’s largest property development project, The Forestias has been valued at Bht 125,000M and is being built as the […]

Frasers Property Thailand plans to launch at least 27 new residential projects in 2021 SET-listed developer Frasers Property Thailand (FPT) plans to launch at least 27 new residential projects worth a combined 35 billion baht in 2021, aiming to have a revenue growth of 10% to 16 billion baht. Saenphin Sukhee, chief executive of Frasers […]

Infra Plus Consulting hired for Bt22m to study EEC transport link to South Thailand through Ranong province By The Nation The Office of Transport and Public Policy and Planning has hired Infra Plus Consulting for Bt22 million to conduct a study on its plan to build an efficient transport link between the Eastern Economic Corridor […]

Thailand’s Raimon Land forges ahead vigilantly during the covid pandemic crisis Although some countries have started to recover from the impacts of the COVID-19 pandemic, many others are still under lockdown. The epidemic has not only devastated small businesses but even made large enterprises tremble. Property developers have unavoidably struggled with lower revenue and cash […]

Thai buyers delayed property purchases, not confident about prices and worried about mortgage lending Jittery locals delay property purchases Thai buyers delayed property purchases because they were not confident about prices and worried about mortgage lending, according to a consumer sentiment survey by property portal DDproperty.com. The website’s country manager Kamolpat Swaengkit said the pandemic […]