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Top Thailand Property News Of The Week

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.

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The top residential and commercial real estate news of the week – 17 June 2019

Digital projects spur rush for investment sweeteners
The Nation
The country’s digital industry is making rapid gains, with companies behind 46 projects worth Bt4.35 billion requesting investment promotional privileges in the first quarter of this year, the Board of Investment (BOI) said.

Central reshuffle adds fintech, finance lines
Bangkok Post
Central Group has restructured its business lines, adding financial services and fintech to its core businesses as part of the group’s vision to become a retail tech company.

EEC Office supervisory committees get approval
Bangkok Post
Supervisory committees will be set up to supervise the construction of the high-speed rail network linking three key airports and other infrastructure projects.

Return secures duty-free bid
Bangkok Post
The high returns of 23.5 billion baht promised by duty-free giant King Power helped it to secure the concessions to run duty-free operations and other commercial areas across four airports, according to Airports of Thailand (AoT).

Changes seen in Bangkok office market by 2022
The Nation
Bangkok’s supply of office space totalled 8.95 million square metres at the end of the first quarter of this year, increasing by 1.9 per cent year on year, according to CBRE Research.

SEPO seeks PPP nod for medical hub
Bangkok Post
The State Enterprise Policy Office (Sepo) will push a medical complex with investment value of 10 billion baht in Bangkok’s Chatuchak district to proceed under a public-private joint investment scheme.

Unmanned ICC store ready
Bangkok Post
In keeping with rapid change in the fashion business and digital technology, ICC International Plc, the marketing arm for fashion and cosmetics under Saha Group, plans to open its first experimental unmanned store this month.

GSB, GH Bank to fund cheap house project
Bangkok Post
State-owned Government Savings Bank (GSB) and GH Bank will jointly extend pre- and post-financing worth 4 billion baht for five low-cost residential projects under the Pracharath Thai housing scheme.

Declining tourist numbers put pressure on THAI
Bangkok Post
Passenger traffic during the low tourism season in the third quarter will have a direct bearing on Thai Airways International Plc’s (THAI) revenue for the entire year, says a source at the national carrier.

Chinese investors shine in Asian realty
The Nation
China-dominant investment in property spreads across the region, transforming the look and affordability of Cities.

Chinese veer from condos
Bangkok Post
Buyers from mainland China are slowing their condo purchases in Bangkok because of the strong baht, overpriced units and a supply glut.

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Property

Thailand Property News Of The Week

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.

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on

The top residential and commercial real estate news of the week – 24 June 2019

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The Creators HQ to penetrate Rangsit area with premium high-rise condominium

The Creators HQ has invested as much as 1.5 billion baht to build a premium condominium under the “Common TU” brand as it enters the Rangsit area for the first time.

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The company is focused on penetrating the Rangsit area for the first time, kicking off with “Common TU” a new premium high-rise condominium which recently received EIA approval.

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Real Estate Transparency: Southeast Asia moving in the right direction

Encouragingly, Asia Pacific has made positive strides throughout this period and in the 2018 survey, it recorded the biggest improvement of the four major regions globally.

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We recently launched the 10th edition of our Global Real Estate Transparency Index, a leading publication that has been charting the progression of transparency across the world for two decades.

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