Major's little Majestro set for sales
Major Development Estate Co, under the management of Petrada Poolvorlaks, has unveiled details of its latest brand ‘Maestro” – a low-rise condominium project in prime location, classic with a modern twist design and exclusivity at what the developer describes as affordable...
Continue Reading • 15 Jul 2013
Exhibition showcases top properties
Leading Thailand property developers will be showcasing their projects at the 5th DDproperty.com event which takes place in Bangkok next week.Developments from Bangkok, Khao Yai and Pattaya will be on show at the event which takes place at Central Plaza Ladprao from July 18 until July 24th from...
Continue Reading • 10 Jul 2013
ERA aims for provincial boost
Real estate agency ERA is aiming to boost the number of provincial franchises outside Bangkok over the next three years.President Voradet Sivatachanon is targeting 70 master franchisees in the kingdom, adding that the provincial expansion and acquisition of new project marketing will help to...
Continue Reading • 10 Jul 2013
Eight Phuket condos up for auction
A single lot of eight condominiums at Phuket’s Blue Canyon Country Club will come under the hammer at a property auction later this month.Jones Lang LaSalle will be selling the units – which range in size from 262 sqm up to 317 sqm and comprise two-, three- and four-bedroom properties...
Continue Reading • 5 Jul 2013
Downtown condo launch for Phuket
Phuket property developer Phuket Thanee Co has launched its 361-unit Connext Condo project which will target first-time buyers on the island. Scheduled for completion in December 2015, the project near Saphan Hin and Suan Luang Park will turn the area into a mixed-use community next to a...
Continue Reading • 5 Jul 2013
Asia tops buying costs league
The costs of buying a property as a non-resident in Asia is the most expensive in the world.New research from Knight Frank looked at the purchase costs associated with buying a new-build residential property in 15 prime property locations around the world.Hong Kong is the most expensive location...
Continue Reading • 5 Jul 2013
Thailand property popularity surges
The popularity of property in Thailand rose in June, with the country placed fifth in popularity by one of the U.K.’s leading overseas property websites.In the monthly Top of the Props report compiled by TheMoveChannel.com, the kingdom was revealed as the fifth most searched overseas...
Continue Reading • 5 Jul 2013
Amata bullish on expansion plans
Amid ongoing protests against a 3,500rai expansion, industrial estate developer Amata Corporation is optimistic that it will be granted approval for the environmental impact assessment (EIA) this year.Amata Director and Chief Marketing Officer Viboon Kromadit said, “I'm not worried about...
Continue Reading • 4 Jul 2013
Seacon focuses on prefab homes to cut cost, manpower
To reduce the risk of higher wages and labour shortages, Thai developer Seacon Home Group will boost prefabrication production capacity by 30 percent. The move also aims to tap the mass-market segment as low-cost houses account for 50 percent of its orders and these units significantly use...
Continue Reading • 4 Jul 2013
Amata taps Chinese factory surge
Thai developer and factory estates manager Amata Corp plans to expand its industrial zones to meet the surge in demand from Chinese investors in the next five years, according to local media reports.Currently, there are about 60 Chinese factories in Amata zones. However, the number is expected to...
Continue Reading • 3 Jul 2013
Revealed: Thailand's priciest land
Thailand’s most expensive land is located around Siam Square in the centre of Bangkok, according to a new report from Thailand’s Real Estate Information Center and the Agency for Real Estate Affairs.The pricey pocket of land includes Siam Discovery, MBK (pictured) and the Siam Paragon...
Continue Reading • 2 Jul 2013
Building boom for Bangkok's CBD
Bangkok’s central business district (CBD), especially between Wireless Road and Langsuan, is expected to see more development as a number of leasehold plots become available for bidding.One prime example on the corner of Rama IV and Wireless Road, currently owned by Crown Property Bureau...
Continue Reading • 25 Jun 2013
Bangsaen: The next investor hotspot
The seaside university town of Bangsaen is enjoying a building boom as student demand for condominiums outstrips supply, according to new market research from Colliers International Thailand.The town, just a 90-minute drive from Bangkok, is not a popular tourism or investment destination among...
Continue Reading • 25 Jun 2013
Bkk offices cheapest in Asia-Pacific
Despite a 5.3 percent year-on-year price rise Bangkok is the cheapest office location in Asia-Pacific for prime office rents.According to a new report from CBRE, the dominance of Asia in the world’s most expensive office locations continued, with Hong Kong-Central retaining its place the...
Continue Reading • 24 Jun 2013
Tulip to offer hotel room investments
Pattaya’s Tulip Group has signed a with Golden Tulip Hotels and Resorts for a new luxury 5-star hotel on Soi 5 Phratamnak Hill, and plans to offer some rooms to property investors.The luxury 25-storey high-rise building will be just steps from the stunning Cosy Beach in the Gulf of Thailand...
Continue Reading • 24 Jun 2013
Drop in new home registrations
The number of new property registrations dropped 7 percent during the first four months of the year according to newly released data.Condominium registrations declined by 32 percent while registrations of low-rise residences, which include detached houses and townhouses, dropped 39 percent.Issara...
Continue Reading • 24 Jun 2013
Distressed Phuket villas for sale
A total of 21 Phuket pool villas in a “distressed pool villa project” are being touted for sale with a THB220 million price tag.Colliers Thailand is offering the villas at the Sujika Gardens gated community in Cherngthalay for sale at what it describes as being 35 percent below...
Continue Reading • 21 Jun 2013
Signs of bubble trouble in Bangkok
Prices of condominiums in Bangkok are rising in line with economic fundamentals, although there are a number of warning signs which suggest a possible bubble environment could be developing in the sector.Sutapa Amornvivat, Chief Economist and Executive Vice-President of Siam Commercial...
Continue Reading • 20 Jun 2013
Ultra luxury project for Hua Hin
Pace Development has revealed plans for a stunning new project in the Gulf of Thailand town of Hua Hin.Called MahaSamutr, the project is set to become a new landmark in the resort town. The ultra-luxury villa and country club development will also be set around what will be Asia’s first...
Continue Reading • 20 Jun 2013
Guaranteed returns: All you need to know
By Andrew Batt: Many overseas property investment opportunities come with guaranteed returns of as much as 40 percent, but do buyers end up paying more and what are they actually worth?The enticing offer of ‘guaranteed rental returns’ is fast becoming a must-have for...
Continue Reading • 20 Jun 2013