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Thailand’s Richest Man Plans $3.5 Bln Bangkok Project

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Leading today’s news, the Thai billionaire behind Fraser & Neave and Centrepoint plans the kingdom’s biggest ever project next to Bangkok’s Lumpini Park.

Thailand’s Richest Man Plans $3.5 Bln One Bangkok Project

Thailand’s richest man, Charoen Sirivadhanabhakdi, is planning a $3.5 billion property development in central Bangkok that will include offices, homes and shopping malls.

Charoen’s TCC Group and its Singapore unit Frasers Centrepoint Ltd. will develop the project, said Panote Sirivadhanabhakdi, group chief executive officer of Frasers Centrepoint. ‘One Bangkok,’ covering 16.7 hectares (41 acres), will be the largest mixed-use development in Thailand, he said. Read more>>

Plan for Beijing Satellite City Triggers North China Land Rush

A flood of bargain hunters has prompted local authorities to order a freeze on all property sales in a part of northern China newly earmarked to become a special economic district.

Officials from Xiong and Anxin counties imposed the ban after emergency meetings on Sunday morning about plans for Xiongan New Area in Hebei province about 160km south of Beijing. Read more>>

Change to Singapore Property Curbs Forcing Developers to Dump Homes

Singapore’s recent unwinding of some property curbs, which initially appeared to boost…
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Real Estate

Land and Property Tax Forces Site Owners to Consider Options

The new Land and Property Tax, which will be effective from January 2020 onward, is another challenge for the Thai property market.

CBRE Thailand

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The new Land and Property Tax which will be effective from January 2020 onward, is another challenge for the Thai property market. 

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Real Estate

Condominium Developers Diversify into Recurring Income Properties

A slowdown in the condominium market has encouraged major residential developers to consider diversifying their portfolio into other property sectors such as office, hotel, and serviced apartment.

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The recent restrictive measures from the Bank of Thailand (BOT) have continued to cast a shadow over Bangkok’s condominium market since the beginning of this year.

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Ecommerce

Retail in the age of social media

E-commerce is becoming easier and faster, making it increasingly popular. Recently, Instagram introduced a shopping feature that allows users to purchase products within the app.

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Social media is transforming retail and expanding the e-commerce world. It goes without saying that the presence of social media in any retail store is critical to its marketing and sales reach.

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