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Top Thailand Property News Of The Week - 20 March 2017

20 Mar 2017

The top residential and commercial real estate news of the week - 20 February 2017

CBRE’s weekly property news snapshot features the latest residential and commercial real estate stories in Thailand and elsewhere that you cannot afford to miss - be it regarding residential, industrial, retail, office, hotel, land, or investment property

Dusit seeks bigger global role
Bangkok Post
Dusit International, a leading Thai hotel management chain, plans to operate 46 new hotels in 21 countries within three years. Suphajee Suthumpun, chief executive of Dusit International, said the chain will strengthen its footprint overseas to expand its revenue stream

Thai airports have no plan to implement US, UK ban on edevices
The Nation
Airports in Thailand have not been affected by the new measures imposed by the United States and the United Kingdom to ban large elecฌtronic devices from the passenger cabin, Airports of Thailand (AOT) said Wednesday.

Amended land tax bill attacked
The Nation
The new Land and buildings tax will fail to narrow the wealth gap between the haves and have-nots, according to a prominent economist.

DTGO eyes expansion abroad
Bangkok Post
DT Group of Companies (DTGO), owned by the Chearavanont family, is expanding overseas in property development, design, construction consultancy and trading as it seeks to boost revenue to 35 billion baht

Office developers need to match needs of all sizes of tenants
Bangkok Post
In many leading financial centres, it is common for an office building to be occupied by several large tenants. But in Bangkok, it is more likely that a landlord of a reasonable- sized building will have to lease to over 100 tenants.

BOI incentives in the eastern economic corridor
Bangkok Post
The gateway to Asia represents a hub with the most comprehensive and modern transportation system for the distribution of goods and transportation of passengers

Official: Baht surge fits fundamentals
Bangkok Post
The strengthening baht is in line with the economy's fundamentals and no intervention by the central bank is needed, says a high-ranking finance official. 

Price up for high-end property
The Nation
High-end and luxury housing continues to be an attractive segment in the national real estate market, with high demand and a good purchasing scale, experts have said. 

Bangkok luxury condo hits record price, still climbling
The Nation
The price of a luxury condo in a prime location in Bangkok hit a record-high Bt720,000 per square metre recently. That was the asking price of a ready-to-move-in unit at Sansiri's flagship 98 Wireless condominium project

Thailand key to Airbnb’s ‘category’
The Nation
Online hospitality marketplace Airbnb says Thailand is an important component of the “experience category” it added to its platform late last year. Joe Gebbia, Airbnb’s co-founder, said the new category had been added to the firm’s other two core areas