Article | Creating Resilience

Top Thailand Property News Of The Week 24 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 28, 2023


The top residential and commercial real estate news of the week - 24 April 2023

Origin prepping first condo-backed tokens
Bangkok Post
SET-listed real estate developer Origin Property is joining hands with two digital asset companies in launching Thailand's first condo-backed digital tokens, targeting 361 units of three condominiums in central Bangkok.

Property spending boosted by travel revival
Bangkok Post
Thailand's strong tourism recovery had a positive impact on housing demand and property renovation at major tourist destinations in the first quarter of 2023, according to home and construction material distributors and residential developers.

Italy the focus for outlays in the EEC
Bangkok Post
Thailand is looking to encourage Italian investors to set up businesses in the Eastern Economic Corridor (EEC) to help the government continue its hightech industry development.

Gaysorn sets out Bangkok expansion plans
Bangkok Post
Gaysorn Property Co, a luxury developer and one of the largest freehold landlords in Bangkok's Ratchaprasong area, is poised to continue shaping the commercial and shopping district to maintain its position as an iconic destination.

Prioritising Kanchanaburi conservation
Bangkok Post
'If you build it, they will come." That's often the thinking behind big projects like amusement parks, shopping malls, tourism venues and sports arenas. Sometimes a new facility attracts many visitors, investors make a profit, or a government agency delivers substantial benefits to the public. Sometimes not.

HomePro operator keen on revenue
Bangkok Post
Home decoration and improvement company Home Product Center Plc, the operator of HomePro, is upbeat about its revenue prospects this year, driven by the country's economic recovery, improving tourism and consumer purchasing power.

King Power upbeat on sales outlook
Bangkok Post
King Power Group is aiming for dutyfree sales to reach 80% of the 2019 tally this year via both offline and online channels, as well as through new lifestyle retail stores, amidst a slow recovery of the Chinese market.

Central Pattana unveils luxury hotel in Ubon Ratchathani
Bangkok Post
Thailand's leading real estate developer Central Pattana Plc is unveiling its new Centara Ubon Hotel, in a bid to offer a luxurious hotel experience in southern Isan.

Ideas 1606 sets out ambitious beachfront sales goal
Bangkok Post
Ideas 1606, a holiday home developer under the Veyla brand, aims to sell six villas on Phangnga's Natai beach for 75 million baht each by the end of this year, with plans to launch a new project on a 100-rai plot of land on Phi Phi Island in 2024.