Thai Developers Aim High

Thai Developers Aim High

250 of Myanmar’s top real estate executives and industry leaders gathered in Yangon on 17 June to celebrate the first annual Myanmar Property Awards 2015.

Record-breaking prices and sales were seen achieved in some new condominiums in downtown Bangkok downtown. More than 90 percent of Nimit Langsuan, a freehold condominium by Pace Development, was sold within the first month of its launch with prices in excess of THB 300,000 per sqm.

The report showed more than 78,000 midtown and suburban condominium units are expected to be completed this year, and more than 32,000 units will be completed in 2016.

CBRE believes that success was limited to projects that matched buyers’ expectations in terms of location, quality, design, and specifications to justify the high asking prices.

- Video Advertisement -

Related Post

Kampong Cham Becomes First Cambodian Province to Finalize Precise Local Administrative Boundary Maps

Kampong Cham Becomes First Cambodian Province to Finalize Precise Local Administrative Boundary Maps

  • Proeksa Meas
  • 8 June 2026

Landmark mapping initiative paves the way for advanced economic corridors, digital integration with Google Maps, and comprehensive rural modernization under the Pentagonal Strategy In a historic milestone for Cambodia’s local governance and territorial management, Kampong Cham has officially become the first province in the nation to establish accurate, clear, and definitive administrative boundary maps for […]

Cambodia Nears Completion of Strategic Border Ring Road in Northeastern Provinces

Cambodia Nears Completion of Strategic Border Ring Road in Northeastern Provinces

  • Proeksa Meas
  • 8 June 2026

Funded by the Border Infrastructure Fund, the infrastructure project in Mondulkiri and Ratanakiri achieves over 95% of its construction targets Cambodia’s ambitious infrastructure initiative to establish a continuous border ring road is nearing full completion, with construction teams successfully executing the vast majority of planned developments in Mondulkiri and Ratanakiri provinces. From the commencement of […]

Bentley Systems Unveils OpenUtilities Substation+ to Fix Fragmented Grid Design          

Bentley Systems Unveils OpenUtilities Substation+ to Fix Fragmented Grid Design          

  • Proeksa Meas
  • 7 June 2026

Bentley Systems has launched OpenUtilities Substation+, an AI-supported 3D design software designed to eliminate fragmented utility data. By unifying isolated civil, electrical, and structural information into a single standards-aligned model, the platform fixes the data gaps that stall automation and derail digital twin initiatives. By consolidating these distinct disciplines into a single architecture, the software […]

Chinese Enterprises Expand Industrial Footprint in Svay Rieng Special Economic Zone

Chinese Enterprises Expand Industrial Footprint in Svay Rieng Special Economic Zone

  • Proeksa Meas
  • 7 June 2026

Two manufacturing firms pledge capital to the Qilu SEZ following a successful provincial delegation visit to Shandong Province and Zibo City Svay Rieng Province is poised for further industrial expansion as two Chinese companies have officially committed to investing in the region’s prominent Qilu Special Economic Zone. This new capital injection aims to significantly expand […]

Borey Peng Huoth Unveils Phum Nimith Project Bridging Major Economic Hubs in Phnom Penh

Borey Peng Huoth Unveils Phum Nimith Project Bridging Major Economic Hubs in Phnom Penh

  • Proeksa Meas
  • 7 June 2026

On the occasion of its official sales launch on June 5, 2026, Borey Peng Huoth unveiled its brand-new residential masterpiece, the Phum Nimith Project. Serving as the inaugural development of the company’s highly anticipated third phase, known as Vibol Phum, this project is uniquely situated within a sprawling 600-hectare mixed-use development enclave owned by Borey […]

Execution Over Ambition: Bentley Systems Drives the Next Era of Wind Energy Infrastructure

Execution Over Ambition: Bentley Systems Drives the Next Era of Wind Energy Infrastructure

  • Proeksa Meas
  • 6 June 2026

At the WindEurope 2026 conference, the wind energy sector marked a major shift from setting ambitious clean energy targets to executing them at scale. Driven by corporate power purchase agreements and massive demand from data centers, the industry is moving away from government subsidies. However, this rapid growth faces significant hurdles, including complex permitting processes, […]