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Thailand’s high-speed railway will carry first passengers in 2023

Thailand’s high-speed railway will carry first passengers in 2023

The first section of the 873 kilometre high-speed railway running between Thailand and China should be operating by 2023. Thailand will now pay for the total cost of the 179 billion baht first section of the high speed rail line, but China is providing the design and will provide the train and carriages. The first 252 […]

Minister calls for probe on legality of the new Central Village luxury mall at BKK

Minister calls for probe on legality of the new Central Village luxury mall at BKK

It’s bright and shiny, it’s new, it promises discounts on luxury goods, it’s next to the airport, it was set to open this Saturday, but is it legal? The Department of Provincial Administration Department has been asked to investigate the legality of the  new Central Village ‘Bangkok Outlet Experience’ next to Bangkok’s Suvarnabhumi airport. The […]

Phuket light-rail up open to public by 2023, assures official

Phuket light-rail up open to public by 2023, assures official

PHUKET: Local residents will be able to get on board Phuket’s light-rail by 2023, a top official behind the project has assured. Niran Kaetkeaw, the Director of the Regional Bureau of Transportation and Traffic Promotion, Office of Transport and Traffic Policy and planning (OTP), said on Friday (Oct 26) that the project was making good […]

Central commits to B1bn Phuket lifestyle mall

Central commits to B1bn Phuket lifestyle mall

BANGKOK: The Central Group of Companies, Thailand’s biggest retail conglomerate, plans to spend B1 billion to build its first outdoor lifestyle mall in the Bang Tao area of Phuket next year. Lertvit Pumipitak, the group’s senior executive vice-president of corporate business development, said the company will start to develop Porto de Phuket on 50 rai […]

Michael Ayling takes the reins at B1.3bn Blue Tree waterpark

Michael Ayling takes the reins at B1.3bn Blue Tree waterpark

PHUKET: Blue Tree Phuket has announced the appointment of Michael Ayling, a veteran of Phuket’s hospitality scene, as its General Manager. Having worked in a consulting capacity for the past 24 months, Mr Ayling now takes the reins to lead the development, beginning with its opening to the public in early 2019. The B1.33 billion […]

Here are new rules to consider before you build in Phuket: expert

Hillside and cliffside developments in the Thai island require careful planning Developers who want to build on vantage points, promontories, and other plots of significant terrain in Phuket will need to contend with the government’s new environmental regulations for the touristy Thai island, a leading hospitality consultant said. Under rules issued by the Ministry of Natural […]

Good fortunes forecast for 2018

Good fortunes forecast for 2018

The EEC, mass transit projects and a brighter economy bring good tidings for the real estate market. Thailand’s property market prospects are expected to be bright next year based on the country’s economic expansion, government spending on big-ticket infrastructure projects and the rise of the Eastern Economic Corridor (EEC). Surachet Kongcheep, a property analyst, says […]

Thailand GDP From Construction

Thailand GDP From Construction

GDP From Construction in Thailand increased to 77237 THB Million in the fourth quarter of 2016 from 66489 THB Million in the third quarter of 2016. GDP From Construction in Thailand averaged 58891.02 THB Million from 1993 until 2016, reaching an all time high of 103692 THB Million in the first quarter of 1996 and […]

Suburban Property market is booming in major Southeast Asian cities

Suburban Property market is booming in major Southeast Asian cities

As the advance of transit systems gives rise to suburban bed towns in Southeast Asia, real state developers are quickly seizing the opportunity to supply homes to the emerging ranks of residents who commute to city centers. Near the Chatuchak subway stop about 10km north of central Bangkok, real-estate developer Sansiri is building a large […]