Thai Construction Industry

The Democrat Party is seen as having an edge over Pheu Thai in terms of megaproject policies.

The resort town of Pattaya has become a favourite destination for older tourists, welcoming more than four million visitors every year.

Property-sales activity has rebounded in Phuket, according to global property-services firm CB Richard Ellis (CBRE).

Special promotional offers may entice home buyers after the number of unsold residential properties held by most Thailand property firms increased in the first quarter of 2011 from the fourth quarter of 2010.

Examining trends for the real estate business this year, Thailand’s Real Estate Information Centre (REIC) held its “Property Market Outlook in 2011.

Strong demand for beachfront homes in Thai resort town Hua Hin is leading to growing competition for seaside land amongst developers and rising prices.

The National Economic and Social Development Board warned the fragile recovery in the US economy would be a key threat to the Thai economic growth this year.

The National Housing Authority (NHA) plans to launch a mortgage loan for homebuyers who want to buy residential units but cannot apply for mortgage loans from commercial banks.

The price index of condominium units priced below 50,000 baht a square metre has risen 10% this year despite the large new supply, against a rise of just 6% in the condominium price index overall.

Translating the notion of a knowledge- and creativity-based economy into practice.