Marina boost for Tulip Group
By Andrew Batt:Pattaya city chiefs have confirmed news about the soon-to-be-opened Pattaya Marina.The new marina in the south of the city has been under construction since last year. It will have 350 berths and is due to be completed within the next six months.The news is especially good for...
Continue Reading • 14 Feb 2013
Agents targeted by email scammers
By Andrew Batt:Real estate agents in Thailand are the latest target of email scammers seeking to defraud them of money.The suspicious emails appear to come from someone seeking friendship and assistance to buy a property and relocate. Enquiries made by DDpropery.com revealed the emails originate...
Continue Reading • 13 Feb 2013
SC Asset targets Chinese, Russian and Singaporean property buyers
By Andrew Batt: SC Asset will target overseas property buyers in Russia, China and Singapore for two of its new condominium projects this year.Chief Operating Officer Kree Dejchai said the Centric Ratchadapisek-Huay Kwang project in Bangkok will target Chinese buyers as the Ratchadaphisek Road...
Continue Reading • 13 Feb 2013
Record price paid for Thailand condo
By Andrew Batt:A retired Indian property investor from Dubai has paid a record price for a condominium in Thailand - THB480 million – for a 1,500 sqm penthouse at the Ritz Carlton Residences.The deal which was completed in January helped Pace Development, the developer of the MahaNakhon...
Continue Reading • 13 Feb 2013
Fifteen years on, growing strong
By Andrew Batt:Knight Frank Thailand celebrated its 15th anniversary last week, and revealed plans to offer additional services on the road to its goal of being the best real estate services provider in the kingdom.The company is expanding by opening new lines of service, such as International...
Continue Reading • 12 Feb 2013
Overseas demand for Thailand property on the rise in January
By Andrew Batt:Demand for property in Thailand grew at the start of 2013 grew in the first month of 2013 according to searches on TheMoveChannel.com, one of the UK’s leading overseas property portals.Interest in the country's real estate increased during January, ranking Thailand among the...
Continue Reading • 12 Feb 2013
DDproperty Show starts today
By Andrew Batt:The third DDproperty.com Show, featuring some of the best properties in Thailand, starts today (Friday) at Central Bangna in Bangkok. Building on two successful events last year, the third DDproperty Show features more than 20 property developments from Bangkok, Pattaya and Hua...
Continue Reading • 8 Feb 2013
Fewer launches in Bangkok CBD
By Andrew Batt:Last year saw fewer launches in Bangkok’s Central Business District condominium market according to new research from DTZ in its quarterly Property Times report.The number of new launches in the fourth quarter of 2012 was 1,900 units, outpacing the 1,700 seen in Q3. But...
Continue Reading • 7 Feb 2013
Island properties gaining popularity
By Shabnam Muzammil: Island destinations in Asia are seeing a significant increase in tourism and are providing resort investors with opportunities for long-term returns on vacation homes.The recent sale of the last four-bedroom villa at The Estates Samui, an exclusive collection of 14 private...
Continue Reading • 7 Feb 2013
Raimon Land looks overseas
By Andrew Batt:High-end property developer Raimon Land has announced plans for regional expansion following the acquisition of a 24.98 percent stake in the company my Singaporean entrepreneur Lionel Lee.Lee heads Singapore-listed Ezra Holdings Limited, and his wholly-owned company JS Oil ...
Continue Reading • 7 Feb 2013
Bangkok rises in Cost of Living report
By Andrew Batt:As weakness persists in Europe, rising wages and growth in Asia are pushing up the relative cost of living here, according to the latest findings of The Economist Intelligence Unit's Worldwide Cost of Living Survey, a relocation tool that compares the cost of living between 131...
Continue Reading • 6 Feb 2013
DDproperty show starts this week
By Andrew Batt: DDproperty.com, Thailand’s number one property website, is set to showcase some of the best properties in Thailand at its 3rd DDproperty Show which kicks off in Bangkok later this week.Building on two successful events last year, the third DDproperty Show will feature more...
Continue Reading • 5 Feb 2013
All change at Raimon Land
By Andrew Batt: Yesterday’s news about a new major shareholder in Stock Exchange of Thailand-listed luxury property developer Raimon Land has been followed by a change of directors.In a statement to the Thai bourse yesterday, the company announced that three directors - Kitti Tungsriwong,...
Continue Reading • 5 Feb 2013
Sansiri's plans for Phuket Campus
By The Phuket News: Bangkok-based property developer Sansiri is set to launch its fifth dcondo project on the island, on a site near Phuket Rajabhat University. It will be called dcondo Campus Resort Kuku.Suriya Wannabuit, Sansiri’s Executive Vice President – Project Management and...
Continue Reading • 4 Feb 2013
LPN launches high-end condo
By Andrew Batt:Listed developer LPN has announced plans for its first “high-end” condominium development.Located on Sukhumvit Soi 24 in Bangkok, the 44-storey development will feature 1,000 units. Prices for a 28 sqm condo will start from THB3 million, according to media reports.The...
Continue Reading • 4 Feb 2013
Nominations open for Thailand Property Awards 2013
By Andrew Batt:Nominations are now open for the Thailand Property Awards 2013, the premier awards event for Thailand’s property and real estate industry.The eight annual event, which will celebrate the good and the great of the kingdom’s property and real estate industry, will see a...
Continue Reading • 4 Feb 2013
ERA targets second hand sales
By Andrew Batt:Real estate agency ERA is predicting a 25 percent increase in sales this year, with an increased focus on the second-hand property market.The company has partnered with Siam Commercial Bank in an exclusive deal which will see the bank offering credit of up to 95 percent of...
Continue Reading • 1 Feb 2013
Thailand to see more demand for condos
By Andrew Batt: Thailand can expect to see more demand from overseas buyers for condominiums as a result of record visitor numbers in 2012.The Tourism Authority of Thailand recently revealed that close to 22 million tourists visited the Land of Smiles last year – up 15 percent from the...
Continue Reading • 1 Feb 2013
Bangkok office rates lowest in Asia
By Andrew Batt: Despite a nine percent rise during 2012, office rental rates in Bangkok’s central business district remained the cheapest throughout the Asia Pacific region,New research from CBRE revealed that Bangkok office rents rose to their highest ever levels in 2012, beating the...
Continue Reading • 31 Jan 2013
Plans for new Chatuchak mall
By Andrew Batt: Plans have been revealed for a new shopping complex in Chatuckak.The THB2 billion Town Square project is being constructed by Dhanasansombut Development Group. It will cover 50,000 sqm and be home to more than 1,000 units. Varinthon Patorsutkanok, Vice President, said Town...
Continue Reading • 31 Jan 2013