Record launches expected in 2013
A record number of condominiums will be launched in Thailand this year, according to the latest research from the country’s Real Estate Information Centre (REIC).This year will see between 70,000 and 75,000 high –rise units launched, well ahead of the 63,000 units that came to market...
Continue Reading • 30 Sep 2013
Finance Minister: No bubble here
Thailand’s Finance Minister has expressed his confidence that the Kingdom will not be faced with real estate bubble, adding that he believes banks have plans to cope with the situation. After presiding over the opening ceremony of GH Bank Expo, Deputy Prime Minister and Finance Minister...
Continue Reading • 30 Sep 2013
Huge rise in Bangkok condo sales
More Bangkok condominiums were sold in the first six months of 2013 than in the whole of last year, according to data from Jones Lang LaSalle (JLL) published in its latest Pulse Bangkok Property Market Monitor.Sales grew by a staggering 151.8 percent year-on-year during H1 2013, although the real...
Continue Reading • 30 Sep 2013
Absolute rewards for Twin Sands
Multi award-winning mixed-use resort developer Absolute World Group picked up two more accolades at the prestigious 2013 Thailand Property Awards. The independent judging process, overseen by BDO Advisory, saw Absolute World Group being Highly Commended in two categories; Best Boutique Developer...
Continue Reading • 27 Sep 2013
Trio of triumphs for Mark and Colliers
Winning just one Thailand Property Award is certainly no mean feat, so winning the same award three times in three different years is something to shout about indeed.Mark Bowling (pictured) and his team at the Pattaya office of Colliers have achieved that accolade, picking up the Best Agent...
Continue Reading • 27 Sep 2013
Thailand's richest are getting richer
The population and wealth of high net worth individuals (HNWIs) in Asia Pacific grew at double and triple the rates of HNWIs in the rest of the world over the period of 2007 to 2012. According to the 2013 Asia Pacific Wealth Report by RBC Wealth Management and partner Capgemini, there was a 12.7...
Continue Reading • 27 Sep 2013
Nine awards for Jones Lang LaSalle
Jones Lang LaSalle Thailand picked up a total of nine industry awards in the space of just 24 hours last week, In the Euromoney Real Estate Survey 2013, Jones Lang LaSalle in Thailand was voted as number one Overall Real Estate Advisor and also won top votes for Research, Valuation and...
Continue Reading • 26 Sep 2013
Bangkok move for Hughes Krupica
Thailand law firm Hughes Krupica has announced it will be setting up offices in Bangkok at the end of the year, adding to its existing Phuket offering in the kingdom.Senior Partner Desmond Hughes (pictured) said “Our Bangkok Office will have a skill set and practice area specifically...
Continue Reading • 26 Sep 2013
One Blackfriars tempts Thai buyers
The new and developing trend of London properties exhibiting in Bangkok is increasing rapidly, with yet another U.K. developer trying to tempt property buyers and investors with a U.K. property exhibition this weekend.DDproperty.com reported on Monday about the significant increase in interest in...
Continue Reading • 25 Sep 2013
Singapore launch for Ananda's Ideo
Ananda Development became the latest Thailand developer to hold the world preview of its latest property development in Singapore last weekend when it showcased its Ideo Q Ratchathewi project.The listed developer launched its latest project – a 323 unit residential development in...
Continue Reading • 24 Sep 2013
Ananda starts Mobi transfers
Ananda Development has successfully completed the first transfer from its Mobi series of condominiums – and has also approved a THB500 million share buy back program.The listed property company recently held a transfer event at its Ideo Mobi Sukhumvit building Tower A, close to BTS On Nut...
Continue Reading • 23 Sep 2013
Chance to name a Pattaya condo
Creative consumers have the chance to name a condominium in a competition being organised by a real estate developer in Thailand.Kingdom Property has launched the competition, called "Name It! Tag It!", which offers entrants the chance to win a trip to the heart of Australia's Gold...
Continue Reading • 23 Sep 2013
Thailand property buyers look to London
EXCLUSIVE: Bangkok will see an increase in the number of London property exhibitions over the coming months as more U.K. developers include the Thai capital on their Southeast Asia sales events.Last week prolific U.K. developer Berkeley Homes showcased The Corniche project on the banks of the...
Continue Reading • 23 Sep 2013
Sansiri scoops Best Developer award
Listed developer Sansiri scooped the top prize of Best Developer Thailand at last night’s Thailand Property Awards 2013.More than 500 of the good and the great from Thailand’s property and real estate industry attended the gala dinner, at which 33 awards were presented. This year more...
Continue Reading • 20 Sep 2013
Thailand move for LJ Hooker
Australian real estate agency LJ Hooker has moved into Thailand with the announcement of a strategic agreement with Siam Real Estate, one of Thailand’s leading independent real estate companies.Georg Chmiel, LJ Hooker’s Chief Executive Officer, said the agreement will primarily expand...
Continue Reading • 19 Sep 2013
Battle on for Thailand's top developer
Tonight’s eighth annual Thailand Property Awards will see a four-way battle for the crown of Best Developer – with industry heavyweights battling for the accolade that was won by Charn Issara in 2012, and by Minor International the previous year.Magnolia Quality Development...
Continue Reading • 19 Sep 2013
Reserve launch for Pruksa
Prolific Thai property developer Pruksa is set to unveil its latest prime Bangkok condominium project – The Reserve Kasemsan 3 – in Bangkok next week.The low-rise boutique residence, called The Reserve, is located in the heart of the city and close to the MBK Shopping Centre. It is...
Continue Reading • 13 Sep 2013
Construction concerns delay transfers
Concerns surrounding the quality of condominium construction in Bangkok following the recent incident involving Sansiri’s Base Sukhumvit 77 project is seeing more buyers opting to delay acceptance of their units.Sansiri acted quickly to quell a social media story that erupted last week when...
Continue Reading • 13 Sep 2013
Strong and substantial Singapore interest from developers and agents
Interest in Singapore from Thailand’s property developers and agents appears to be stronger than ever following an event which took place in Bangkok earlier this week.More than 40 representatives of Thailand property developers and agents attended the ‘Thailand Real Estate...
Continue Reading • 13 Sep 2013
Kingdom looks to China for buyers
Thailand real estate developer Kingdom Property has appointed China's largest real estate agent to represent the company's Southpoint Pattaya project in the booming mainland Chinese market. With an expected total of five million Chinese tourists visiting Thailand in 2013 alone, the growing...
Continue Reading • 12 Sep 2013