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IKEA helps boost allures of WestGate project

IKEA helps boost allures of WestGate project

CENTRAL Pattana Plc (CPN), the largest retail real estate developer in Thailand and operator of CentralPlaza WestGate, has announced that ‘CentralPlaza WestGate, ’ the super regional mall in Southeast Asia, has formed a partnership with IKEA, the world’s top furniture...
Location And Land Cost Remain Key Factors

Location And Land Cost Remain Key Factors

Location and land cost are key factors to develop condominium projects in inner Bangkok, which are attractive to investment buyers as they provide good rental yields and capital gains, says property developer Habitat Group. Chief executive Chanin Vanijwongse said...
Land Windfall Tax Likely To Deflate Property Bubble

Land Windfall Tax Likely To Deflate Property Bubble

The land windfall tax is expected to help fend off a property market bubble as developers take care to avoid tax liabilities that will come into effect if the value of unsold residential units exceeds 50 million baht. The tax should compel property developers to be...
REIC: Bangkok’s vacant plot prices rise 13.2%

REIC: Bangkok’s vacant plot prices rise 13.2%

The Real Estate Information Center (REIC) says the vacant land price index in Greater Bangkok last year was 165.6, a gain of 65.6 points from 2012, the base year, and increase of 13.2% from 2016. The highest increase in land prices was 14.9% in 2013, while the lowest...
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