Finance Ministry Considering Incentives for Property Developers That Build Homes for Seniors

Thailand’s Finance Ministry is considering offering incentives to property developers that build homes for Thai seniors. Thailand’s population is aging, according to Wisudhi Srisuphan, Deputy Finance Minister. Mr. Wisudhi stated that the government wanted property developers to build homes for the disabled and elderly that were innovative. “If property firms developed innovative homes, they could […]

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Thai construction firm Ch Karnchang aims for higher revenue from govt projects

Thai construction contractor Ch Karnchang Pcl said on Thursday it expected higher revenue this year thanks to the government’s infrastructure investments, which should help stimulate activity in the sector. Ch Karnchang, one of Thailand’s top three firms in the sector, aimed for construction revenue of 35-38 billion baht ($998 million-$1.08 billion) in 2016 versus 34.8 […]

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Extensions and construction of electric rail routes brings windfall to real estate investors

The real estate sector will continue to enjoy windfall from the construction and extension of both sky train and subway train routes this year, according to Mr Sophon Pornchokechai, managing director of the Agency for Real Estate Affairs (AREA). He stated that real estate developers were showing strong interest in developing properties located along planned […]

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