{"id":120686,"date":"2021-03-30T07:30:21","date_gmt":"2021-03-30T00:30:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/thai-developer-turns-to-hong-kong-foreign-buyers-for-upscale-bangkok-project-as-covid-19-crimps-demand-at-home-slams-hospitality-sector\/"},"modified":"2021-07-18T17:04:07","modified_gmt":"2021-07-18T10:04:07","slug":"thai-developer-turns-to-hong-kong-foreign-buyers-for-upscale-bangkok-project-as-covid-19-crimps-demand-at-home-slams-hospitality-sector","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thai-developer-turns-to-hong-kong-foreign-buyers-for-upscale-bangkok-project-as-covid-19-crimps-demand-at-home-slams-hospitality-sector\/","title":{"rendered":"Thai developer turns to Hong Kong, foreign buyers for upscale Bangkok project as Covid-19 crimps demand at home, slams hospitality sector"},"content":{"rendered":"<p>&#013;<br \/>\nDusit International is joining other Thai companies in tapping foreign investors by marketing its first residential project in Hong Kong after the Covid-19 pandemic crimped demand from local buyers and worsened a supply glut.The hotel operator is building a 46 billion baht (US$1.48 billion) mixed-development project in the heart of Bangkok\u2019s central business district, as part of an effort to speed up its income diversification plan, group chief executive officer Suphajee Suthumpun said.The\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3127500\/thai-developer-turns-hong-kong-foreign-buyers-upscale-bangkok?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Thai developer turns to Hong Kong, foreign buyers for upscale Bangkok project as Covid-19 crimps demand at home, slams hospitality sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Dusit International is joining other Thai companies in tapping foreign investors by marketing its first&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120686","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-voy","jetpack-related-posts":[{"id":120636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thai-developer-sansiri-targets-hong-kong-buyers-with-affordable-mini-flats-in-bangkok-amid-glut\/","url_meta":{"origin":120686,"position":0},"title":"Thai developer Sansiri targets Hong Kong buyers with \u2018affordable\u2019 mini flats in Bangkok amid glut","date":"June 29, 2021","format":false,"excerpt":"\r With Thai developers struggling to dispose of a massive stock of unsold flats in Bangkok, many of them are trying to lure overseas buyers with huge discounts and bargains to whittle down the inventory and get the struggling sector back on its footing.Bangkok-listed Sansiri, one of the top three\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110030,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-protest-rallies-force-thai-developer-to-defer-sales-launch-of-ultra-luxury-apartments-in-bangkok\/","url_meta":{"origin":120686,"position":1},"title":"Hong Kong\u2019s protest rallies force Thai developer to defer sales launch of ultra luxury apartments in Bangkok","date":"August 20, 2019","format":false,"excerpt":"\r Magnolia Quality Development Corporation, the developer of an ultra luxury apartment complex in Thailand, said it had to put off the marketing plan to sell the remaining units of its project in Hong Kong, as 11 weeks of protest rallies in the city showed no signs of letting up.At\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23365,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thailands-luxury-developers-seek-outside-investments\/","url_meta":{"origin":120686,"position":2},"title":"Thailand\u2019s luxury developers seek outside investments","date":"August 19, 2016","format":false,"excerpt":"\r Thai developers are hitting the road to showcase luxury condo developments Bangkok\u2019s skyline with the structurally impressive MahaNakhon Tower. Image credit: MJ Prototype\/Shutterstock Faced with a flagging market, Thai luxury condo developers are striking out abroad to showcase their projects. Leading the charge is Pace Development Corp, the mastermind\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10368,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thai-mass-market-developer-switches-to-the-luxury-segment\/","url_meta":{"origin":120686,"position":3},"title":"Thai mass-market developer switches to the luxury segment","date":"April 11, 2016","format":false,"excerpt":"\r The company repositions itself to focus on catering to a market that is still in high demand Don Muang area (Screen grab from YouTube) In a bid to tap into a more profitable segment of the local\u00a0property market, Chewathai Public Co, the Thai arm of Singapore-listed developer TEE Land,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-condo-demand-in-bangkok-in-tip-top-shape\/","url_meta":{"origin":120686,"position":4},"title":"Luxury condo demand in Bangkok in tip-top shape","date":"August 10, 2016","format":false,"excerpt":"\r An influx of foreign buyers from Hong Kong, Singapore and Taiwan take advantage of higher yields Magnolias Waterfront-Residences at IconSiam One of Thailand\u2019s most active developers, Magnolia Quality Development Corporation (MQDC), thinks demand for luxury condominiums in Bangkok will remain strong and won\u2019t be hindered by the weak overall\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-buyers-lift-thai-property-market-from-doldrums\/","url_meta":{"origin":120686,"position":5},"title":"Foreign buyers lift Thai property market from doldrums","date":"July 23, 2017","format":false,"excerpt":"\r Demand led by Hong Kong and China helps counter sluggish domestic growth\r \r Source : ft.com\r Read more...Foreign buyers lift Thai property market from doldrums","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120686"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=120686"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120686\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}