Property Latest News

By Andrew Batt: Four alleged scammers who are said to have acted as real estate agents have been arrested in Chanthaburi province after they conned their victims of some THB5 million.The three male and one female suspect were arrested by Chanthaburi police, according to a report by the National...

Continue Reading • 27 May 2013

By Andrew Batt:Phuket-based law firm Hughes Krupica has announced it will be sponsoring this year’s Thailand Property Awards. Senior partner Desmond Hughes said: “I have been involved in supporting the Property Awards for many years, including as a judge in Thailand and for the...

Continue Reading • 27 May 2013

By Andrew Batt:EXCLUSIVE: What does this week’s news of Tulip Group decision to pull out of Pattaya’s residential market to focus on standalone hotels mean for the booming property sector in the Gulf of Thailand city?Whilst the company is just one of many who have chosen to develop...

Continue Reading • 23 May 2013

By Andrew Batt: Well-known and respected Thailand property industry veteran Robert Collins has revealed he will be stepping down as Chief Executive Officer of Savills (Thailand) Limited with effect from June 30.In an email statement he said: "I have thoroughly enjoyed the past eight years...

Continue Reading • 23 May 2013

By Andrew Batt:Bangkok remained the top destination for foreign property buyers and investors in 2012 according to a new survey published by the Agency for Real Estate Affairs (AREA).Foreign property buyers and investors accounted for property sales worth THB67 billion in 2012 – and made up...

Continue Reading • 22 May 2013

By Andrew Batt:There was an explosion of interest in one Brisbane apartment block last week after it was featured on a current affairs television programme, highlighting rules which prevent families with children and pregnant women from living there.The heritage-listed Glenfalloch building in...

Continue Reading • 22 May 2013

By Andrew Batt: Some of Thailand leading property developers will be showcasing more than 20 projects from Bangkok and Pattaya at the 4th DDproperty Show which starts today in the capital.The event – hosted by DDproperty.com, Thailand’s number one property website – will take...

Continue Reading • 22 May 2013

By Andrew Batt:Prolific Pattaya property developer Tulip Group has revealed it is pulling out residential property projects to focus solely on standalone hotels.For the past three years the company has focused on branded residences, including Centara Avenue Residence & Suites, Waterfront...

Continue Reading • 21 May 2013

By Andrew Batt:Thailand was the third most popular property destination in the world last month for overseas property searches on one of the UK’s leading property portals.According to the monthly Top of the Props data from TheMoveChannel.com. the Kingdom accounted for 6.78 per cent of all...

Continue Reading • 20 May 2013

By Nikki De Guzman:Revenues of listed firms increased in Q1 2013 by 10 percent to 20 percent compared to the same period last year, due to rising demand for residential properties, reported The Nation.However, most posted a lower net profit on a year-on-year basis due to higher marketing and...

Continue Reading • 17 May 2013

By Nikki De Guzman:Local property developer Happyland Group eyes to launch two new residential projects this year under its brand, H-Cape, reported The Bangkok Post.The first project, H-Cape Residence @ Siam Park, will hold a presales event on 18 to 19 May. This development will have 24...

Continue Reading • 17 May 2013

By Andrew Batt: Kingdom Property scored another win last week with the successful launch of the show suites for the company's Southpoint Pattaya project. Investors and buyers gathered for a first glimpse of the luxury development's offerings and to celebrate the occasion with a vibrant networking...

Continue Reading • 17 May 2013

By Nikki De Guzman: Thailand developer Laguna Property will be showcasing its Laguna Shores resort development in Phuket at an Investment Property Showcase in Singapore this weekend (18-19 May).The project comprises 334 units ranging from one- to two-bedroom holiday apartments with sizes...

Continue Reading • 16 May 2013

By Andrew Batt:A London property exhibition which took place in Bangkok last weekend attracted strong interest and sales.Colliers International Thailand was exhibiting Southside London Bridge SE1, a new one- and two-apartment project close to London Bridge in the UK capital.Christian Robb,...

Continue Reading • 16 May 2013

By Nikki De Guzman:Property developer Pruksa Real Estate is bullish that the Greater Bangkok property market will expand by seven to eight percent this year to hit Bt330 billion to Bt350 billion despite Q1’s sales of Bt88.39 billion, which was 0.4 percent down from the corresponding...

Continue Reading • 15 May 2013

By Andrew Batt: Bangkok luxury property development Magnolias Ratchadamri Boulevard enjoyed enormous success during its official Hong Kong launch last weekend, becoming what the developer claims to be the best-selling Thai property in Hong Kong this year in terms of number of units sold during a...

Continue Reading • 15 May 2013

By Nikki De Guzman:Thai buyers have shown strong interest for the new London development Southside, showcased in a property show at the Four Seasons hotel over the weekend.Property consultancy Colliers International showcased the project, which offers 51 units ranging from one- to...

Continue Reading • 13 May 2013

By Nikki De Guzman: Bangkok's housing market will be changed significantly as the new city plan rolls out with massive infrastructure projects including the 10 new mass-transit lines set to be completed in the next five to 20 years, reported The Nation. “When the mass-transit...

Continue Reading • 10 May 2013

By Nikki De Guzman:Direct global commercial property investments soared to US$105 billion (Bt3.1 trillion) in Q1 2013 — the highest Q1 transaction volume since 2008, according to a new report from Jones Lang LaSalle (JLL).A total of US$27 billion from this overall amount was invested...

Continue Reading • 9 May 2013

By Nikki De Guzman:Thailand’s property sectors are mixed on the possibility of a market bubble, with the Bank of Thailand (BoT) expressing caution that this imminent concern may cause huge losses.“We need to be cautious and monitor the [property market] situation very closely and...

Continue Reading • 9 May 2013