Top Thailand Property News Of The Week - 8 October 2018
12 Oct 2018
The top residential and commercial real estate news of the week - 8 October 2018
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.
Calls for mortgage curb delay
Property developers and mortgage lenders have requested the Bank of Thailand focus on reining in mortgages for third and subsequent home purchases, delaying the measures planned to go into effect in January for an additional six months.
Facebook uploads property service in Thailand
Thailand first in Asia to experience feature. Thailand is the first country in Asia-Pacific to see the launch of Facebook's new Marketplace category, Property for Rent.
Cabinet backs draft law on financial services
The Cabinet yesterday approved a draft law from the Finance Ministry that governs financial service providers as officials seek to deal with an increasingly diverse landscape for financial services.
Housing dreams vs reality
It's time to tame artificial demand. Everyone dreams of owning a house, or preferably more than one, to fulfil the desire for a comfortable modern lifestyle.
Minor still hungry after NH Hotel buy
Billionaire William Heinecke is on the lookout for further takeovers after more than tripling the number of hotels his Minor International Plc controls through the acquisition of Spain's NH Hotel Group.
Iconsiam ready for public debut
Iconsiam, a mixed-use development project, is ready for its official launch early next month, with features and attractions touted as the best of Thailand.
Bangkok condo prices up 11%
Condominium prices in Bangkok, Nonthaburi and Samut Prakan provinces rose 11% year-on-year in the third quarter and 2.8% from the previous quarter on progress in the expansion of electric railway lines.
Urban tactics for affordable living
With hardly an inch of earth left to maximise land use and public utilities, there is still a plan to transform bustling Bangkok through inclusive development.
Property giants stir market with M&A deals
Shortage of available land in the central business district and fierce market competition have led to a slew of merger and acquistion (M&A) deals among property developers in recent years, say experts in the industry.
Bold bid to seamlessly turn Bangkok into a 'smart city'
'Seamless travelling" is becoming a new buzz word in Thailand. The term has been around for a while but got a new lease on life on Friday during Prime Minister Prayut Chan-o-cha's meet-and-greet trip in Bangkok.
4 EEC projects approved for infrastructure
The Eastern Economic Corridor (EEC) Policy Committee on Wednesday approved four infrastructure projects worth a combined 432.85 billion baht, with terms of reference (ToRs) scheduled to be launched within this month.
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