Real Estate
Raimon Land shifts to Thai buyers
Raimon Land Plc plans two condominium projects in Pattaya this year, with unit prices starting below 50,000 baht a square metre, the first mid-market developments the company has undertaken since 2004.
Raimon Land Plc plans two condominium projects in Pattaya this year, with unit prices starting below 50,000 baht a square metre, the first mid-market developments the company has undertaken since 2004.
Unit prices will start below 50,000 baht a square metre, the first mid-market development the company has undertaken since 2004.
Zire Wongamat worth 2.9 billion baht that will be located beside Wong Amat Beach.
The move is in line with its policy to shift from foreign to Thai buyers after the global financial crisis crushed most foreigners’ purchasing power in 2009.
The first low-priced project in Pattaya in 2011 is the 480-unit Zire Wongamat worth 2.9 billion baht located on Wong Amat Beach.
The unit prices will start from 1.9 million baht or 47,500 baht a sq m and the sizes will be smaller, starting at 48 sq m for one-bedroom units. At the company’s recently completed Northpoint condo in Pattaya, one-bedroom units are 70 square metres.
The company also plans another project on an eight-rai site with no beachfront in Pattaya city but is waiting to see market feedback on the Zire before launching it.
Property
Is There a Silver lining amid COVID-19?
Thinking of the future impact of this pandemic on office buildings, it may have already dawned on many of us that a majority of potential long-term trends and health measures will become permanent work-life features in the times to come.
A direct result of COVID-19 containment measures is that organisations are taking a real-time look at the effects of prolonged off-site work and its relation to productivity.
Property
The time is ripe to embrace Industry 4.0
Traditional brick-and-mortar retail has suffered tremendously, as countries have been implementing effective stay-at-home and social distancing policies to mitigate virus spread, while those worst hit have enacted strict draconian lockdowns
We have entered a time where, seemingly, interconnectedness is the new enemy, staying in is the new going out, and antisocial is the new social. COVID-19 has brought us on the cusp of growing accustomed to new norms and sounded a wake-up call in terms of how we live.
Corporate
Covid-19 puts flexible space markets under strain
In the wake of operator defaults, landlords will be forced to re-evaluate the role of flexible space in their portfolios.
The global Covid-19 outbreak has had serious negative effects on commercial real estate, including flexible space. Of late, many operators have experienced the flexible nature of the business working against them, as many occupiers have opted to surrender desks and implement work-from-home plans.
Thai fruit exports to FTA markets up 107 percent
China, Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Australia and Chile are top importers of Thai fruits, especially fresh durian,...
Digital Revolution and Repression in Myanmar and Thailand
Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage...
3 Reasons to Be Optimistic About the Baht Right Now
Probably one of the most important factors for the rise of the Baht is the continued weakness of the US...
Will Thailand’s plan for quarantine-free tourism set a global trend?
According to the Tourism Authority of Thailand, the quarantine-exemption measures implemented in Phuket will be extended to five other key...
Thailand Approves Latest Economic Relief Package for Businesses
Some 250 billion baht (US$8 billion) was allocated for soft loans while the remaining 100 billion baht (US$3.2 billion) will...
Southeast Asia remains a hot spot for plastic pollution
The use of plastics is deeply embedded in our daily lives, in everything from grocery bags and cutlery to water...