Article | Creating Resilience

Top Thailand Property News Of The Week 30 January 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.

February 3, 2023


The top residential and commercial real estate news of the week - 30 Januay 2023

Land prices surge amid urban growth
Bangkok Post
Infrastructure, including a new expressway, along with urbanisation driven by mass transit expansion and market competition pushed Bangkok land prices up by as much as 75% in recent years.

PF allots B2bn for HQ, project
Bangkok Post
SET-listed developer Property Perfect Plc (PF) plans to spend 2 billion baht to develop a mixed-use project and its new headquarters on Ratchadaphisek Road in Huai Khwang, with retail space managed by the operator of Jodd Fairs night bazaar.

Joint panel supports updated plan to drive revenue growth
Bangkok Post
The government and private sector agreed yesterday to move forward with the national e-commerce development plan, aiming to increase domestic e-commerce revenue to more than 7.1 trillion baht.

IMH, Pornnarit Group to co-develop medical hub
Bangkok Post
Intermedical Care and Lab Hospital Plc (IMH) is teaming up with the Pornnarit Group to establish the IMH Medical Hub project - valued at 1.2 billion baht - in Samut Prakan's Bearing area.

Koon Estate announces the partnership with AISL to develop ‘Hyde Park Garden
CBRE Thailand
Koon Estate, a leading property developer in Thailand, and Asia International School Limited (AISL), the educational management group of Harrow schools in Bangkok, China and Japan, announce a partnership for developing “Hyde Park Garden” - a superluxury community of single detached houses neighbouring Harrow International School Bangkok.

Centara extends Krabi hotel agreement
Bangkok Post
Hospitality SET-listed Centara Hotels & Resorts yesterday confirmed the signing of a new contract agreement to continue managing the Centara Anda Dhevi Resort & Spa Krabi for another ten years.

December MPI marks the lowest level in 28 months
Bangkok Post
Thailand's Manufacturing Production Index (MPI) fell by 8.19% year-on-year in December last year to 93.98 points, the lowest level in 28 months, as the world economy contracted.

Dept takes aim at sugar intake
Bangkok Post
The Department of Health is working with the private sector to improve the public's food literacy through a project that will see participating restaurants cut back on the amount of sugar they use amid growing concerns about the nation's expanding waistlines.

Sansiri to launch B75bn of developments
Bangkok Post
SET-listed developer Sansiri Plc is planning to launch 52 new projects worth a combined 75 billion baht this year, with the aim of securing an all-time high of 55 billion baht in presales and 40 billion baht in revenue.