Naris Cheyklin, chief executive officer of Singha Estate SINGHA Estate, the property arm of beverage firm Singha Corporation, plans to invest Bt16.5 billion to take over assets, for merger and acquisition of three businesses, and development of a condominium project in the remaining months of this year to boost 2015 revenue to Bt4 billion. This […]
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The aerial view of the current BTS depot that will be upgraded in the future. (Bangkok Post file photo) Bangkok Terminal, a concessionaire of the former Mor Chit bus station’s land plot, is ready to amend the contract to move forward with development of a mixed-use project after a 20-year delay. The company’s move answers […]
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Mixed-use projects are the answer to meet the needs of the new generation and also the way to balance the need for recurring and sales income for property firms, as a result property developers are investing more than Bt100 billion to develop such projects over the next three years. According to a survey by The […]
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A group of Thai and Lao business people have announced a plan to spend 10 billion baht to develop a large shopping and hotel complex in Vientiane in order to cash in on opportunities arising from the coming Asean Economic Community. The massive complex on 200 rai has the support of the Lao government, which […]
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The Lam Luk Ka-Pathum Thani motorway, linking Bangkok’s Outer Ring Road Route 9 to the East, is just the beginning of a new system of motorways the government announced Tuesday for the Central region around Bangkok. (Photo by Surapol Promsaka Na Sakolnakorn) Three motorways linking Ayutthaya and Nakhon Ratchasima, Nonthaburi and Kanchanaburi, and Pattaya and […]
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The ever-busy Sabai Jai Gai Yang is favourite among expats in Bangkok. (Bangkok Post file photo) The single-ownership expatriate standard apartment market in Bangkok is performing well despite competition from rental units in condominiums, according to CBRE, a leading property consultancy company. The number of expatriates with work permits in Bangkok grew by 9.5% […]
Continue ReadingThailand, China and Myanmar are expected to sign a memorandum of understanding (MoU) for the development of the 7,000-megawatt Mong Ton hydropower-plant project on the upper Salween River this year, after Myanmar’s government cancelled its Tasang hydropower project. Speaking yesterday on behalf of the three countries, Thai Energy Minister Narongchai Akrasanee said Electricity Generation Authority […]
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The transport ministry and company will relocate the jam-packed Ekamai location (above) further to the east to Bang Na so the current location can become a mall or condo. (Photo courtesy of the Transport Co) The Mall shopping centre operator has offered its 7.5-rai land plot near the Bang Na intersection for development of the new […]
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The transport minister expects tenders to be called for the construction of two monorail lines, in northern and eastern Bangkok, in the second quarter of 2016. Transport authorities and the Mass Rapid Transit Authority (MRTA) agreed to build the Yellow Line and Pink Line as private-public partnerships, Transport Minister Prajin Juntong said. He said this would allow the government […]
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An aerial view of Ayutthaya province shows mixed farmland and residential areas. A new amendment means city plans will not have expiry dates, so developers cannot take advantage of vacuum periods to speed up their building without regulations. (Photo by Krit Promsaka Na Sakolnakorn) The government is set to close the loophole in city plans that […]
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