PROPERTY TRENDS Thailand's Gray Real Estate Market

Category: Real estate, Posted:21 Feb 2012 | 06:00 am

According to government statistics 14% of Thai's are over 60 years old and the percentage is spiraling upwards.
The Siam Cement Group (SGC) conglomerate has created a Care Home prototype designed for seniors.
Use of 2D glasses that are converted into 3D, the model is meant to recreate what an older person actually sees in a home.
At the recent BOI Fair in Bangkok the project was available for viewing and was widely regarded for its innovative approach to the growth market.

Other News

Gamechanger: Phuket’s 80-Meter Development Height Restriction Repealed

Category: Hotels|Real estate, Posted:31 Dec 2024 | 11:19 am One of the most significant changes to Phuket’s real estate sector this year is the repeal of the 80-meter development height limit. In a recent Government Gazette, the Thai Cabinet approved a re-zoning proposal by the Minister of Natural Resources and Environment, which now allows development in Zone 6 of Phuket to extend up to […]

C9 Hotelworks Release Definitive Asia-wide Branded Residences Report

Category: Hotels|Real estate|Tourism, Posted:12 Dec 2024 | 08:30 am C9 Hotelworks Release Definitive Asia-wide Branded Residences Report Branded residences in Asia see record supply worth USD26.6 billion according to C9 Hotelworks new research report. The market shows a rising proportion of standalone and mixed-use developments, with a growing presence of brands beyond hospitality. The branded residences sector in Asia has achieved a record-breaking supply […]

From Spas to Longevity: Phuket Evolves into a Global Wellness Tourism Leader

Category: Hotels|Real estate|Tourism, Posted:29 Nov 2024 | 08:10 am Wellness tourism is in great shape. One of the fastest growing areas of the tourism industry, the sector has grown from a niche market for committed health seekers to become a THB 219 trillion (USD 6.3 trillion) global powerhouse. At the heart of this revolution is Asia Pacific, which accounts for 30% of the worldwide […]

More Insider News