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New Energy Conservation Guidelines Issued for Hotels and Condos

Category: Real estate, Posted:12 May 2009 | 09:02 am

A new Ministerial Regulation has been issued by the Thai Ministry of Energy which will take come into law in June of this year. Amongst those affected include new hotel and condo projects who apply post June which cover new or renovated buildings with a total GFA (gross floor area of 2000 square meters. Standard are being set out to cover electrical power for lighting, air conditioning and water heating, thermal transfer and overall energy consumption.
Exemptions for renewable energy are being provided along with deductions on consumption. The legal firm of Meyer Brown in Bangkok has issued a circular on this and the Ministry of Energy is providing implementing guidelines. Currently the implementation is under consideration if this will fall into the construction permit process and co-exist with the Building Control Act which covers statutory construction permits.

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C9 Hotelwork’s Releases Philippines Branded Residences Report

Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
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Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
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GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
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