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Thailand’s Richest Man Plans $3.5 Bln Bangkok Project

Daniel Lorenzzo

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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.

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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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Lifestyle

Bangkok falls 19 places to 49th most expensive location worldwide

Locations reliant on international tourism have seen their rental markets hit especially hard during the pandemic, resulting in some major drops in the rankings. Bangkok has fallen 19 places to 49th, while Hanoi saw a similar drop of 12 places to 81st.

Olivier Languepin

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The decline of Bangkok reflects the severe impact of the Covid-19 pandemic on the rental market in the tourism-reliant Thai economy, according to ECA’s latest survey.

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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.

Daniel Lorenzzo

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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.

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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

Daniel Lorenzzo

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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.

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