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Asia's Largest Property Firm Locked In Scandal

Category: Real estate, Posted:02 Jun 2012 | 10:04 am

The prolonged saga in a graft and corruption scandal has hit Sun Hung Kai Properties looks to have no end in sight.
Their portfolio incudes a wide array of hotels and iconic buildings.
The two Kwok brothers – Thomas and Raymond who sit atop one of the leading listed firms in the region have had to post bail and are receiving constant media attention.
Perhaps the biggest fallout has been the toll on investor confidence and impact of falling share prices.
It's anticipated that the investigation could drag on for years and has wide ranging consequences for a once cozy relationship between the private sector and government bodies.

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Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
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Inside the Numbers. The Potential of a Phuket Property Bubble

Category: Real estate, Posted:13 Apr 2024 | 13:12 pm One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States […]
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New Phuket Marina Opening Before Year-end

Category: Tourism, Posted:12 Apr 2024 | 15:03 pm A new marina on the island’s East Coast in Ao Makham named ONE° 15  Marina Panwa Phuket will open in the fourth quarter of the year. Developed by Singapore’s SUTL Enterprise along with Thailand’s Numchai Ocean Transport Company, the facility will accommodate yachts up to 120 feet in length. SUTL, led by Singaporean Arthur Tay […]
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