Top Thailand Property News Of The Week - 12 Jul 2021

July 16, 2021

The top residential and commercial real estate news of the week - 12 July 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.

Dusit opens new hotel in Hua Hin
Bangkok Post
Hotel developer Dusit International opened its latest hotel today, known as the DusitD2 Hua Hin, in the hope that tourism arrivals will pick up soon. Located just a 7-minute walk from Hua Hin's main beach and local attractions like the Cicada Market and Bluport Hua Hin Resort Mall.

Treasury takes another swing at golf course bids
Bangkok Post
The Treasury Department is renewing the invitation process today for interested companies to again bid to renovate and manage Bangpra International Golf Club in Chon Buri province in eastern Thailand.

State certain EEC will reach investment goal
Bangkok Post
Despite the escalating number of Covid-19 infections and fragile economic prospects, the government remains confident that the actual investment value in the government's flagship Eastern Economic Corridor (EEC) scheme will reach 300 billion baht by this year or next as expected.

'Fake news' mars Phuket Sandbox
Bangkok Post
The Phuket Sandbox scheme, which is aimed at revitalising the economy and tourism, has been proceeding well, with tourists continuing to arrive, but its successes have been marred by "fake news" on social media of its imminent collapse, a government spokesman said yesterday.

Developers urged to rethink sales strategies
Bangkok Post
Smaller low-rise housing developers should focus on customer needs and economical marketing strategies as well as improving product quality to increase their competitiveness against larger players who are dominating the market during a property sector slowdown, says a developer.

Johnson Controls helps customers in Asia Pacific meet decarbonization and sustainability goals
PR Newswire
The global leader for smart, healthy and sustainable buildings, today announced three landmark partnerships with companies in Asia Pacific to help meet their environmental, social and governance (ESG) goals as well as net zero carbon commitments.

CBRE Launches Host - curated tenant experiences powered by a property management app
CBRE Thailand
As Thailand’s usual buzzing streets quiet down due to the current COVID-19 situation, CBRE, a leading international property consultant, announced the launch of Host, a property management application that supports employees and employers as well as landlords and tenants to stay connected and safe at the workplace.

Rubbish dump upsets locals
Bangkok Post
Prachuap Khiri Khan Municipality Council has raised its objections to a decision made by its predecessors to carry out rubbish disposal at a landfill in a forest reserve in the province.

Tookdee set to expand exponentially
Bangkok Post
TD Tawandang Co, the operator of Tookdee convenience stores, looks set to spend 67 billion baht to expand the number of its stores to 50,000 by 2023 from 1,000 stores at present.

Centara prepares to reopen hotels in Q4
Bangkok Post
Centara aims to reopen all its hotels in Thailand by the fourth quarter as it urges the government to procure adequate vaccines and booster shots to achieve herd immunity.

Tourist interest in Phuket high, insists govt
Bangkok Post
More than 12,000 tourists have applied for a Certificate of Entry (COE) following the launch of the Phuket Sandbox tourism scheme and almost 6,000 have been approved, the Foreign Ministry announced on Friday.