![](\"http:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/02\/Thai-Airways_Traveller.jpg?fit=740%2C486\")
\n10 homes will be offered in Singapore, Jakarta, Copenhagen and London<\/p>\n
\n10 homes will be offered in Singapore, Jakarta, Copenhagen and London<\/p>\n
Thai Airways International Pcl (THAI) recently announced cost-cutting measures and would be divesting its various real estate properties in Thailand and global cities this quarter.
10 homes will be offered in Singapore, Jakarta, Copenhagen and London Thai Airways International Pcl...<\/p>\n","protected":false},"author":1,"featured_media":3266,"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-3265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/02\/Thai-Airways_Traveller.jpg?fit=740%2C486&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-QF","jetpack-related-posts":[{"id":26067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-indonesians-buying-luxury-singapore-real-estate\/","url_meta":{"origin":3265,"position":0},"title":"More Indonesians buying luxury Singapore real estate","date":"September 14, 2016","format":false,"excerpt":"\r Indonesians have already bought 30 properties in Singapore valued at USD5 million or more this year, up from just eight for the whole of 2015, data shows Singapore skyline. beboy\/Shutterstock The number of Indonesian nationals purchasing luxury homes in Singapore has nearly quadrupled from last year\u2019s total, reported Bloomberg.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25901,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-indonesians-buying-up-singapore-property\/","url_meta":{"origin":3265,"position":1},"title":"More Indonesians buying up Singapore property","date":"September 13, 2016","format":false,"excerpt":"\r Indonesians have already bought 30 properties in Singapore valued at $5 million or more this year, up from just eight for the whole of 2015, data shows. \u00a0 The number of Indonesian nationals purchasing luxury homes in Singapore has nearly quadrupled from last year\u2019s total, reported Bloomberg. Data from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96723,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/5-singapore-properties-that-crazy-rich-asians-will-love\/","url_meta":{"origin":3265,"position":2},"title":"5 Singapore properties that \u2018Crazy Rich Asians\u2019 will love","date":"August 27, 2018","format":false,"excerpt":"\r Luxury homes set the scene throughout Crazy Rich Asians, the film based on the Kevin Kwan novel of the same name, which hit cinemas last week. Image: Warner Bros. Pictures It\u2019s no surprise that Singapore real estate lives up to its luxury image, both onscreen and off. 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\nDealStreetAsia reports that the assets will include 10 staff residences in Jakarta, Copenhagen, London and two in Singapore.
\nThe residences, along with other real estate properties around the world, will be available in March 2016.
\nPart of the proceeds will be used to pay THAI\u2019s debt, following the company\u2019s operation losses for most of last year.
\nMore: Here\u2019s what happens when you combine the worth of the world\u2019s real estate
\n\u201cWe will run the process with transparency by hiring the agency to evaluate those properties\u2019 price. Initially, we expect to gain around THB1 billion baht (USD27.58 million) from the sales, which will be used to repay the debt,\u201d said THAI president Charamporn Jotikasthira at the last two board meetings.
\nElsewhere, the airline company will also be shaving off nine office buildings in Thailand, and sales offices in Penang (Malaysia), Hong Kong, Sydney, Rome and Madrid.
\nJotikasthira said the divestiture will allow the company to focus on its aviation business and lower the cost for property maintenance and repair, according to TR Weekly.
\nTHAI\u2019s board also approved the renting out of the airline\u2019s vacant offices to other entities.
\n
\nSource : property-report.com
\nRead more…Your next residential purchase could be from this airline<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"