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BREAKING NEWS Lehman's Baan Taling Ngam Sold to Thai Group

Category: Hotels, Posted:28 May 2010 | 09:02 am

According to industry sources the high profile Lehman's Baan Taling Ngam resort has been sold to a Thai group for approximately THB 750 million. The buyer is reportedly the Srivikorn family who own the Bangkok InterContinental Hotel.
Despite Thailand's current political uncertainty, the transaction which has been closely watched by the market reached well above most valuations for the property.
Within the next two weeks a well known branded Phuket beachfront property will be entering the market and is already creating considerable buzz over the current increase in hospitality transactions within the Thai resort areas.

Other News

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C9 Hotelworks Releases ‘The Phuket Luxury Report’

Category: Hotels|Real estate|Tourism, Posted:01 Nov 2024 | 08:27 am C9 Hotelworks newly released ‘The Phuket Luxury Report‘ explores the rising prominence of Phuket as the leading luxury destination in Southeast Asia. What is driving demand for Phuket’s luxury real estate? The island’s combination of natural beauty, high-end amenities, and competitive pricing draws affluent investors and tourists worldwide. Compared to destinations like Miami, Dubai, and […]
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C9 Sessions Are Back This Thursday, The Phuket Luxury Report

Category: Hotels|Real estate|Tourism, Posted:27 Oct 2024 | 10:38 am The C9 Sessions are back in Phuket this Thursday 31st October 2024.   We have an awesome 90-minute program on luxury real estate, Michelin restaurants, international schools, hospitals and more. Phuket has changed dramatically over the last few years as it has morphed from a tourist haven to a residential destination. The more recent transformation is […]
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C9 Hotelworks New Thailand Branded Residences Report Released

Category: Hotels|Real estate, Posted:21 Sep 2024 | 09:19 am In 2020, Aman Nai Lert Bangkok established a new standard for ultra-luxury branded residences positioning itself as the best-in-market product at the time. Today, the Porsche Design Tower Bangkok, developed in partnership with Ananda Development, has pushed those boundaries further, surpassing THB1 million (just over USD33,000) per square meter. This landmark project not only raises […]
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