Bangkok’s trendy Thonglor district is experiencing skyrocketing land prices being driven by high-levels of demand for new hotel and condo projects.
One of the highlights of the year for the TigerSharks is hosting the annual Feeding Frenzy, one of South-East Asia’s largest and most prestigious international school swimming invitationals. This event attracts swimmers from as far afield as China and the Middle East. This two and a half day spectacle, often has upwards of 600 entrants. Swimming Feeding Frenzy in Bangkok Recap. By Ngan December 12, 2018 News & Updates. No Comments; 0; 0. All swimmers swam brilliantly over the weekend and swimming Personal Bests in many of their 6 events that they entered over the weekend. Special mention and congrats to.
Turning heads recently is Thai-listed Shangri-La PCL’s acquisition of just over a 1.2 rai set of connected plots with a total transaction value of THB1.885 billion (roughly USD60 million). On a per square meter basis the land is over THB2.8 million a square wah (about USD22,000 per square meter).
Bangkok Patana Feeding Frenzy 2018
According to documents filed with the Stock Exchange of Thailand (SET), Shangri-La plans a four-star lifestyle -oriented Hotel Jen branded property with approximately 350 room in a 27-story building.
The most recent hospitality opening in the area has been the debut of the 301 room Hotel Nikko.
There is no indication in the current uptick in Bangkok land appreciation, as most the outlook of most developers is that land values are going to continue to move upwards.
Feeding Frenzy Bangkok 2018 Youtube
Common thought would have been that highest and best use for this premium-type of land would have been on condominium residences, but Shangri-La is taking an alternative view on Bangkok’s tourism sector.
Comments are closed.