Lands on Silom Road are the priciest, according to data on estimates in Bangkok gathered from 2016-2019 and reported by the Treasury Department on its website. Silom had the highest estimated price at Bt700,000-Bt1 million per square wah (4 square metres), followed by lands on Phloen Chit Road (Bt900,000 per sq.wah) and lands on Rajdamri… Continue reading Silom Lands are the Costliest in Bangkok, Thailand
People who rent out properties on Airbnb have earned an estimated US$150 million from some of the biggest sporting events around the world, according to new data released by the accommodation sharing platform. Forty-four percent of Airbnb hosts surveyed globally say they have hosted guests travelling for a sporting event, the company said.
Blockchain technology is rapidly gaining favour for its exemplary cybersecurity capabilities. Blockchain-enabled security development has become a paramount goal in industries such as finance and banking, supply chain and logistics, and healthcare. Beyond cryptocurrency and other existing use cases, blockchain can also make a huge difference in the lives of students.
Developers and analysts predict the return of centralised workspaces, with tech and well-being given greater consideration Despite the coronavirus igniting the trend of remote working, analysts see minimal impact on office properties, saying the market can withstand the pandemic with more stringent safety and hygiene standards. Suphin Mechuchep, managing director of property consultant JLL, acknowledged… Continue reading The Return of Centralised Workspaces with Tech and Well-being
A reduction in device prices and advancements in 5G and IoT could mean a jump in smart home development Enthusiasm for smart homes has penetrated the property sector the past few years, though it’s mainly focused on high-end real estate because the prices of connected home appliances remain high. But the adoption of smart home… Continue reading More Efficient Home Life?
Property developer Cissa Group and V Plast Medical Group plan to spend 3.5 billion baht for a wellness hospital and resort development, Natai Medical Center & Resort, in Phangnga to tap individual investors. Autthanop Pandkamnerd, Cissa chief executive, said the global wellness economy has a tremendous market, valued at US$4.5 trillion. For medical tourism alone,… Continue reading Wellness Hospital and Resort Project, Natai Medical Center & Resort in Phangnga
In Edgar Allen Poe’s “The Masque of the Red Death,” the kingdom of Prince Prospero has been hit by a terrible plague. After the Red Death has killed half the population, Prospero summons “a thousand hale and lighthearted friends from among the knights and dames of his court” to a secluded abbey, well-provisioned with resources… Continue reading Gig Economy Workers will keep Working through the Coronavirus. They have No Choice.
Bangkok’s office rent and occupancy rate will drop in 2020 for the first time in a decade, as the pandemic hits the overall economy, according to a property consultancy. Phattarachai Taweewong, associate director of research and communication at Colliers International Thailand, said the Bangkok office market has grown consistently since 2010.
Dusit Central Park, the mixed-use joint venture project of Dusit Thani and Central Pattana, is introducing a rooftop park as a new green landmark at the 3.67-billion-baht project. Suphajee Suthumpun, group chief executive of Dusit International, said that because the city suffers from high PM2.5 dust levels, the rooftop park and Lumpini Park — opposite… Continue reading Dusit Central Park Project Launches Bangkok Green Landmark
A plan to gradually open the country to tourists will be a boon for property sales in Phuket, following a slump due to travel restrictions that keep travellers at home, according to an online property marketplace. Stuart Coakley, director of the Property Discount Centre Thailand, applauded the government’s decision to welcome tourists under the special… Continue reading Special Tourist Visa (STV) to Revive Phuket Property Market