Bangkok Mall Landlords Need to Think out of the Box
K Village and Crystal Park are two retail malls in Bangkok that are very different. Large open areas, low – slung buildings and lots of parking area make malls like this popular very quickly.
K Village and Crystal Park are two retail malls in Bangkok that are very different. Large open areas, low – slung buildings and lots of parking area make malls like this popular very quickly.
Thai liquor tycoon Charoen Sirivadhanabhakdi’s TCC Land now holds 100 per cent ownership in its former joint-venture subsidiary TCC Capital Land after buying 40 per cent of it for THB2.33 billion (US$77.82 million) from its partner CapitaLand in Singapore. TCC Land formerly held 60 per cent of TCC Capital Land.
The government's land and property tax bill has passed final legal screening and is ready for parliamentary consideration, but politics will remains the key obstacle.
Amid a recovery in the UK property market, Sansiri Plc will launch its first project in London this year - six apartment units worth a combined 600 million baht.The company is looking at New York as its next destination, with a net profit target of 15%.
While world markets for office space continue their slow recovery from the global financial crisis, Bangkok is found to contain more office space than other ASEAN commercial citiesm including Singapore, according to international property agencies.
Demand for new homes in Thailand remained robust in the first quarter despite measures passed by the Bank of Thailand limiting loans to 90 per cent of the value of condo units.
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