Top Thailand Property News Of The Week - 11 Oct 2021

The top residential and commercial real estate news of the week - 11 October 2021

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.

Comanche moves into crypto after months of tourism losses
Bangkok Post
MAI-listed Comanche International (COMAN), a business software developer, is entering the cryptocurrency market through subsidiary Coman Crypto, which is expected to start operating in the fourth quarter.

Phuket serves as data model for reopening cities
Bangkok Post
The success of Phuket's city data platform (CDP), which uses important city data for analysis and planning, should lead to the approach being applied to other major provinces due to reopen to tourists from Nov 1, said the Digital Economy and Society (DES) Ministry.

Ten disruptive property trends emerge
Bangkok Post
Covid-19 has catalysed and accelerated a great disruption in the property market which was expected to take place over the next five to 10 years, but will now arrive sooner.

Economic priorities for driving growth
Bangkok Post
The government is being urged to prioritise the continuation of infrastructure and special economic zone development, promotion of the bio-, circular and green (BCG) economic model, and legal amendments to promote the ease of doing business.

IEAT plans power plant in Songkhla estate
Bangkok Post
The Industrial Estate Authority of Thailand (IEAT) is planning to build a power plant and a hospital in its industrial estates in Songkhla to bolster investments and relieve concerns over electricity shortages in the South.

Tie-up initiates cold delivery platform
Bangkok Post
Parcel service operator Kerry Express Thailand (KEX) has partnered with agri-business firm Betagro Group to launch Kerry Betagro Co ­­– a new courier company specially designed to deliver frozen and refrigerated foods.

Urban farming in focus at g Garden
Bangkok Post
Central Pattana (CPN), a major shareholder in Grand Canal Land (GLAND), has launched an urban vegetable farm called "g Garden" in the Rama IX area.

Centre to be a base for innovation
Bangkok Post
A Digital Innovation Centre spanning 40,000 square metres of space is planned for Thailand Digital Valley, located in Chon Buri's Si Racha district, in the next 24 months to allow technology testing and development, according to the Digital Economy and Society (DES) Ministry.

AWC opts to reposition 3 mega-projects
Bangkok Post
SET-listed Asset World Corp (AWC) plans to review its investment budget and development plans for large projects, repositioning its existing properties as a mix of work, life and leisure to capitalise on a new trend.

CBRE reveals strong demand for Bangkok luxury condominiums and increased new housing project launches
CBRE Thailand
CBRE, a leading international property consultant, revealed that super-luxury condominium projects in Bangkok led the highest average booking in the first half of 2021 with 76.3% and that the market remains attractive for investors while new launches from Bangkok’s housing projects have increased by 26.8% Y-o-Y due to strong end-user demand for spacious living.

With Walmart deal, Netflix’s push to sell merchandise gets biggest lift yet
Fortune
Just in time for the holidays, Netflix is expanding its effort to sell clothes and toys based on its hit shows like Squid Game and Stranger Things. Today, Walmart announced that it has created a dedicated online hub for selling Netflix merchandise, marking the biggest step yet by the streaming giant to grow its retail business.