Article | Creating Resilience

Top Thailand Property News Of The Week 10 April 2023

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.

April 14, 2023


The top residential and commercial real estate news of the week - 10 April 2023

Festival set to sizzle this year
Bangkok Post
Amid expectations of a livelier retail atmosphere this year than last, retail and wholesale operators in major regions of the country are working hard to plan various activities to stimulate spending during this year's Son-kran festival.

Tong Chom markets key to aiding grassroots economy
Bangkok Post
The Commerce Ministry has vowed to ramp up Tong Chom (must-see) markets nationwide this year to stimulate the grassroots economy, with the aim of generating revenue of 1.9 billion baht this year.

Swiss watch CEOs from Patek Philippe to Oris see slowdown after boom
Gulf News
The heads of some of the biggest Swiss watch brands, from Patek Philippe to Oris, said demand for luxury timepieces is starting to slow from an unprecedented industry boom during the pandemic.

Developer index further decreases
Bangkok Post
Housing developer confidence continued to drop in the first quarter of 2023 after two recent interest rate hikes, according to the Real Estate Information Center (REIC).

AWC lays out expansion projects for Chiang Mai
Bangkok Post
SET-listed Asset World Corp (AWC) Plc, an integrated lifestyle real estate group in Thailand, is developing new projects in Chiang Mai similar to its flagship Asiatique open-air mall in Bangkok.

Osaka hotel ready to roll
Bangkok Post
Centara Hotels & Resorts, together with Taisei Corporation and Kanden Realty & Development, has announced the completion of the construction of the Centara Grand Hotel Osaka, which is set to open on July 1 this year.

Travel revival robust
Bangkok Post
As travel continues to recover post-pandemic, nights booked in Thailand on Airbnb more than doubled last year from 2020, according to data compiled by the accommodation-sharing platform operator.