Article | Creating Resilience

Top Thailand Property News Of The Week 25 July 2022

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.

July 29, 2022


The top residential and commercial real estate news of the week - 25 July 2022

CJ Express to plough B20bn into expansion

Bangkok Post
CJ Express Group looks set to spend 20 billion baht to greatly expand the number of its CJ Supermarket stores over the next four years.

Dawn of a new era of Thai innovation approaches
Bangkok Post
Eastern Economic Corridor of Innovation is set to start leveraging Thai resources and ingenuity to the next level from November onwards.

Hefty airfares hinder industry recovery
Bangkok Post
Surging airfares have become one of the most pressing issues in terms of tourism recovery as only a handful of tourists can afford the hefty price of tours.

Foreign ownership conundrum
Bangkok Post
Government proposals to allow foreigners to own one rai of land have been applauded by some as a way to revive the economy, but criticised by others who say Thais should be given assistance first.

FTI members brace for policy rate hike
Bangkok Post
Manufacturers are bracing for a higher policy rate, expected to be approved by the Bank of Thailand, by further cutting their expenses and increasing working capital, according to the latest poll conducted by the Federation of Thai Industries (FTI).

Sansiri to launch 31 projects in H2 as real estate picks up
Bangkok Post
SET-listed developer Sansiri Plc aims to launch 31 new projects worth 31.2 billion baht during the second half, focusing on luxury housing projects and new condos, as it targets revenue of 35 billion baht for both presales and transfers this year.

Iconic skywalk planned for Phuket
Bangkok Post
The Phuket Provincial Administrative Organisation (PAO) plans to invest 250 million baht to build a skywalk as a tourist landmark.

Tookdee shops get infusion
Bangkok Post
SET-listed Carabao Group (CBG), the maker of Carabao Dang energy drink, has teamed up with Kasikornbank (KBank) to invest up to 15 billion baht to expand Tookdee convenience stores.

CPN steps up house roll out
Bangkok Post
Retail and property developer Central Pattana Plc (CPN) is preparing its biggest residential expansion in five years with 50 more projects worth 40 billion baht, in a bid to achieve synergy with the overall Central group.