今週のヘッドラインニュース - 2017年 7月 17日
The top residential and commercial real estate news of the week - 17 July 2017
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.
Summer Hill aims to brighten up Bangkok
Boutique Corporation Public Company Limited is entering Bangkok's sprawling mixed-use property sector, even as a potential supply gut lingers on the horizon, with increasingly more developers proposing integrated lodging, shopping and working solutions.
Condo group warns about speculators
Condo developers should be wary of speculative buyers in the high-end segment who may opt not to have units transferred once a project is completed, says the Thai Condominium Association.
Gloomy outlook sees FTI index hit 10-month low
The Federation of Thai Industries (FTI) index fell for a third consecutive month to the lowest in 10 months in June as weak purchasing power persisted at a time when fears over strong punishments under the new labour law cut confidence among investors.
Phuket struggles to curb illegal hotels
Phuket’s golden beaches attract millions of travellers to the island every year, but many of them could be staying in unlicensed hotels, a research report shows. Less than a quarter of the 1,724 hotels in Phuket - 429 - are licensed, the report by hospitality consulting group C9 Hotelworks found.
PF sells Dara shares for housing focus
SET-listed developer Property Perfect Plc (PF) will focus only on residential developments after selling all its shares in Dara Harbour Co, one of its subsidiaries that plans to develop a shopping mall in Sri Racha, to Central Pattana Plc (CPN).
Developers in Bt100 bn sales push
Property firms plan to launch residential projects worth more than Bt100 billion in Bangkok and its suburban areas in the third quarter of this year. The launches, by listed and non-listed companies, will add more 17,000 units to the market for the quarter, as developers look ahead to strong demand in the second half.
Household income fall feared
The Siam Commercial Bank's Economic Intelligence Center (EIC) has expressed concerns that household spending will run out of steam with the decline in commodity prices, posing a risk to economic growth.
Go to Europe, real estate investors told
Investors have shown greater interest in having real estate make up more of their portfolios in recent years, with international diversification of this asset class another rising trend, a bank executive said yesterday.
Amata to boost land sales for B1bn revenue boost
SET-listed Amata Corporation Plc, Thailand's largest industrial estate, expects its total developed land sales this year to rise to the target of 1,000 rai in line with the recovering global and Thai economies.
CI banks on hotels to help project sales
SET-listed developer Charn Issara Development Plc (CI) expects to boost the sales of condo and villa projects in Cha-am and Phangnga after the opening of a new hotel at each of the sites in October this year.
Treasury to kick-start delayed projects
The Treasury Department will push ahead with the long-delayed development of two large projects this fiscal year, its chief says. The two projects are the construction of a boutique hotel on a prime plot on the east bank of the Chao Phraya River and the demolition of Queen Sirikit National Convention Center (QSNCC) to make way for a hotel.