Thai Construction Industry

Asia's real-estate investment market saw encouraging growth in the total value of sales transactions in the second half of 2010, thanks primarily to abundant liquidity and the continued inflow of capital, according to global real-estate services firm Colliers International.

Thailand’s largest retailer Central Group recently announced plans to develop a THB13 billion (US$427.4 million) Central Embassy complex on a 9-rai plot of land acquired from the British Embassy.

Stocks of built but unsold residential properties are piling up in Bangkok causing developers to change tactics to speed up sales

The Bank of Thailand is now less concerned about a bubble in the condominium market due to a reduction in oversupply and a slowdown in demand. The impact of its decision to raise the loan-to-value (LTV) ratio, which took effect from the beginning of 2011, is being monitored.

Bangkok Metropolitan Administration (BMA) annouced its plans to spend THB15 billion (US$490 million) on creating the Super Skywalk System, a 50-kilometre elevated walk way

The mass Rapid Transit Authority will seek Cabinet approval to include arbitration clauses in its multi-billion baht construction and loan contracts...