Property Latest News

Get Daily Property News in Thailand, News Powered by Thailand DDproperty

Beware of fake agents in Phuket

By The Phuket News: A Phuket woman is urging others to beware of a scam artist posing as a real estate agent, who she says almost tricked her into playing a Chinese board game in return for her house and its chanote title.This has been a relatively common scam in Thailand but has not made...

Continue Reading30 Jan 2013

Hong Kong most expensive for rents

By Andrew Batt:Rental prices for a high-end three bedroom condominium in Bangkok remained largely unchanged in 2012, with the city ranked as the 12th most expensive location in Asia according to a new report from ECA International.Hong Kong was the most expensive city in the world to rent an...

Continue Reading29 Jan 2013

Foreign buyers are back in Bangkok

By Andrew Batt:Foreign property buyers and investors were back in force last year, with more than one in five luxury property purchases in Bangkok made by overseas buyers during 2012.Prior to the start of the global financial crisis in 2009, foreign buyers were responsible for as much as 35...

Continue Reading29 Jan 2013

Living life in the dog house

By Andrew Batt:One Bangkok developer has taken the adage ‘dogs are a man’s best friend’ to a new level by tailoring condominium units in their latest development especially for pampered pooches.The second phase in Happy Condo in Ladprao 101 is being marketed as a...

Continue Reading29 Jan 2013

2nd most expensive US home sold

By Romesh Navaratnarajah:  A northern Californian estate could be the second most expensive property sold in the US. Public records revealed that its previous owner, financier Tully Friedman, sold the US$117.5 million (S$145.22 million) property on 27 November 2012, according to...

Continue Reading28 Jan 2013

Emporium exhibition targets Bangkok property buyers

By Andrew Batt:Bangkok property buyers and investors will get the chance to learn more about developers from throughout the kingdom at an event later this month.The Emporium Property Fair, under the banner “Superb lifestyle and Investment Properties”, will take place at the Emporium...

Continue Reading25 Jan 2013

New community mall is launched

By Andrew Batt:The growing number of retail community malls in Bangkok is set to increase with the launch of QiSS.Kewpaisal Place Company Limited has launched its first development on a 3-rai site in downtown Bangkok with a total value of more than THB1 billion.  It will be a mixed-use...

Continue Reading25 Jan 2013

Exhibition offers global opportunities

By Andrew Batt:Global property investment opportunities will be in the spotlight at an event taking place in Bangkok this weekend.Financial services company PFS International is hosting a ‘UK and Global Property Seminar’ on Saturday, January 26 and Sunday, January 27 at the Landmark...

Continue Reading25 Jan 2013

Agents outrage at liars comment

By Andrew Batt:Real estate agents in Thailand have reacted with outrage to comments published by a daily newspaper that label them as liars and criminals.The opinion piece published by The Nation newspaper in print and online, and attributed to “EH from Bangkok”, said: “One of...

Continue Reading24 Jan 2013

Tulip reveals Pattaya expansion plans

By Andrew Batt:Pattaya property developer Tulip Group has announced plans to launch between three and five new projects in the city of Pattaya. The projects will be standalone hotels, mixed use condominiums, a service apartment and a new corporate head office. The luxury property developer...

Continue Reading23 Jan 2013

Bangkok condo market is booming

By Andrew Batt:More than 47,000 condominium units were launched in Bangkok last year – a more than 50 percent increase on the total for 2011, according to new research from Colliers International Thailand.Surachet Kongcheep, Senior Manager of Colliers International Thailand’s research...

Continue Reading22 Jan 2013

Singaporeans snap up Bangkok condo units

By Andrew Batt:EXCLUSIVE: Bangkok property was again in the spotlight in Singapore last weekend, with reports of high levels of interest and sales.TC Green, a freehold mixed-use project located on Rama 9, attracted what Singapore agency Trillion described as “better than expected”...

Continue Reading21 Jan 2013

Bangkok to see more London property expos

By Andrew Batt:EXCLUSIVE: Thai property buyers and investors can expect to see more London property exhibitions in Bangkok during 2013.Richard Levene, Director of International Property for Southeast Asia at Colliers International, speaking exclusively to DDproperty.com at a London property...

Continue Reading21 Jan 2013

Will QE2 be sailing into Asia?

By Andrew Batt: The former Cunard cruise liner Queen Elizabeth 2 could find a new home in Asia as a luxurious 500-bed hotel after a deal was reached to loan the ship from its current owners.Media reports indicate that a joint-venture involving Oceanic Group, a Singapore-based investment company,...

Continue Reading18 Jan 2013

Make Pattaya your second home says Mayor

By Andrew Batt:The Mayor of Pattaya has called on people from around the world to make his city their second home.Ithiphol Khunplume recently called on retirees, investors and long-stay visitors to buy property in the popular Gulf of Thailand beach resort city.Pattaya, which now has a population...

Continue Reading18 Jan 2013

TC Green tempts Singapore buyers

By Andrew Batt: The first post-new-cooling-measures property from Thailand to exhibit in Singapore attracted strong interest at its soft pre-launch event last weekend. Singapore agency Trillion reported 10 sales last week for units at TC Green in the hours immediately after the introduction of...

Continue Reading17 Jan 2013

Third DDProperty show set for February

By Andrew Batt:Property buyers will be offered the chance to own a selection of some of Thailand’s finest properties at the third DDProperty.com Property Show which takes place next month.Pre-registration for the event, which runs from February 8 until February 14 at Bangkok’s Central...

Continue Reading16 Jan 2013

Good year predicted for Bangkok office sector

By Andrew Batt: Bangkok’s Class A office sector is predicted to remain buoyant in 2013 as a result of increasing occupancy and rental rates. Surachet Kongcheep, Senior Manager of Colliers International Thailand’s Research Department, said: “The rental rate of Class A office buildings in...

Continue Reading16 Jan 2013

Sansiri plans for seventh condo development in Phuket

By Andrew Batt: Thai listed property developer Sansiri has revealed plans for a beachfront condominium project in Phuket – its seventh development on the island but the first which will be targeting foreign buyers.The 206-unit medium-rise development at Mai Kao beach (pictured) in the north...

Continue Reading16 Jan 2013

Bank of Thailand: No need for property market cooling measures

By Andrew Batt: The Bank of Thailand yesterday ruled out the implementation of cooling measures to dampen speculation in the kingdom’s property market.Governor Prasarn Trairatvorakul told the media there were currently no irregularities in the property market, adding that increasing demand...

Continue Reading15 Jan 2013