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BREAKING NEWS Lehman's Baan Taling Ngam Sold to Thai Group

Category: Hotels, Posted:28 May 2010 | 09:02 am

According to industry sources the high profile Lehman's Baan Taling Ngam resort has been sold to a Thai group for approximately THB 750 million. The buyer is reportedly the Srivikorn family who own the Bangkok InterContinental Hotel.
Despite Thailand's current political uncertainty, the transaction which has been closely watched by the market reached well above most valuations for the property.
Within the next two weeks a well known branded Phuket beachfront property will be entering the market and is already creating considerable buzz over the current increase in hospitality transactions within the Thai resort areas.

Other News

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Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
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Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
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Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]