Thailand

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Preuksa plans 15-20 new projects in fourth quarter

Listed-developer Preuksa Real Estate Plc's plans to launch 15-20 new projects worth 10-15 billion baht in the fourth quarter. Full story

Sansiri 3Q results show sales in excess of Bt5bn

Sansiri 3Q results show sales in excess of Bt5bn
With up to four new projects in development and a brand-building road show this month, the firm anticipates achieving total sales of Bt20bn by year´s end. Full story

Patong Tunnel

Patong Tunnel
A 40-million-baht feasibility study into the possibility of constructing Phuket's first road tunnel has come up with three options for planners to consider. Full story

Thailand says no to agricultural land sale

Thailand, the world’s leading food exporter and rice bowl of Asia, has rejected Qatari moves to buy agricultural land in the southeast Asian country. Full story

Raimon Land launches ownership clubs

Listed developer Raimon Land Plc will sell some of its remaining condominium units in Phuket, Pattaya and Bangkok on a fractional ownership basis, says chief executive Hubert Viriot. Full story

Shared Ownership for Thai resorts and real estate living up to its claims

Shared Ownership for Thai resorts and real estate living up to its claims
Shared ownership sales for Phuket represented USD61.2 million for 2008, validating the sector’s stability despite the economic downturn, according to recently released comprehensive research study into the industry. Full story

Phuket Property – Approval granted for thirty-seven new Phuket property development

The Environmental Impact Authority (EIA) have granted permission for thirty-seven new property developments in Phuket, Thailand. Full story

Thailand is cheap – but it’s not time to buy

Thailand is probably the cheapest market in emerging Asia. The SET index trades on a p/e ratio of just 12.8 times this year's expected earnings, even after a near 60% rally this year. So does that make it a buy? No. Full story

Academics back new property – tax law

Lecturers from Thammasat University's "Policy Watch" group back a proposed property-tax structure and urged the government to show its sincerity by enacting the new law to enhance efficiency in land use and increase in the incomes of local administrative organisations Full story

Court ruling shakes foreign investors’ confidence in Thailand

Foreign investors are observing the ongoing legal wrangling over industrial development with grave concern, urging the government to carefully address the issue and balance economic and environmental concerns. Full story
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