Phuket Property Show aims to tap local demand
The Phuket Property Show, organised by the Phuket Real Estate Association, kicks off on January 17, with the aim of responding to the rising demand for property from local buyers.The seven-day event will take place at the Central Festival Phuket shopping mall and features a number of local...
Continue Reading • 15 Jan 2013
Singapore property buying interest in Thailand set to increase
By Andrew Batt:The number of Singaporeans buying overseas property is likely to increase on the back of the introduction of the significant additional property cooling measures by the government, according to PropertyGuru – Asia’s leading property website group.The measures,...
Continue Reading • 14 Jan 2013
Developers in wait-and-see mode
By Andrew Batt:Uncertainties surrounding the upcoming launch of the Bangkok City Plan has seen some residential property developers delaying their land purchases.The plan, which will be unveiled on May 16, could see the status of some locations redefined and have a subsequent impact on land...
Continue Reading • 11 Jan 2013
Interview: The man behind MahaNakhon
By Kanchana Paha: When the MahaNakhon project was launched in 2009 it became an overnight sensation and the name of Pace Development was thrust into the global spotlight. Construction on the 314-metre high project that will forever change the Bangkok skyline is progressing well....
Continue Reading • 8 Jan 2013
Piling completed on schedule at Waterfront Suites
By Andrew Batt: Tulip Group has announced that piling on its super luxury iconic mixed use development in Pattaya, Waterfront Suites and Residences, has been completed on schedule. The 50-storey project, located at Bali Hai pier next to the...
Continue Reading • 7 Jan 2013
‘Gangnam Style' singer buys LA condo in cash
By Romesh NavaratnarajahSouth Korean superstar PSY recently bought a condominium unit in Los Angeles for US$1.249 million (THB37.9 million) and paid for it in cash, according to various sources. Located in a 29-floor building (pictured below) on Wilshire Boulevard, the apartment...
Continue Reading • 3 Jan 2013
Bangkok's booming riverside
By Andrew Batt:Bangkok’s riverside is gaining in popularity for its waterfront lifestyle and scenic views, according to Knight Frank Thailand.The company noted that many luxury hotels, high-rise condominiums, and corporate towers have risen on both sides of the river in Bangkok, making the...
Continue Reading • 27 Dec 2012
ERA agents look to boost business
By Andrew BattIt was work as usual for DDproperty.com and ERA Thailand on Tuesday this week, where Christmas Day is not celebrated as a public holiday.As part of the alliance between ERA Thailand, part of the world’s largest real estate franchise business, and DDproperty.com,...
Continue Reading • 27 Dec 2012
Tulip reveals THB4.8 billion sales in 2012
By Andrew Batt: Pattaya-based property developer Tulip Group has announced 620 sales valued at more than THB 4.8 billion baht for 2012.The company has four branded residences under construction; Centara Grand Residence Pattaya, Waterfront Suites & Residences, Centara Avenue Residence &...
Continue Reading • 21 Dec 2012
Christmas celebrations at Magnolias
By Andrew Batt: Bangkok's five-star Magnolias Ratchadamri Boulevard development has recently launched an exclusive Christmas promotion, offering special discount and other privileges to celebrate the most joyful and exotic time of the year for its customers.Thanawan Chaiwatana, Managing Director...
Continue Reading • 21 Dec 2012
London tower sees strong interest
Romesh Navaratnarajah London is ripe for investments, especially as the government recently announced a £50 million (THB2.5 billion) infusion into a new visionary development for media and technology firms.The initiative aims to revive the well-known Old Street roundabout to...
Continue Reading • 21 Dec 2012
Investors in Asia remain positive on the market outlook for 2013
Property investors in Asia have got a positive outlook for the region’s property market in 2013, with 70 percent likely to expand their investment and property portfolio, according to Colliers International’s Global Investor Sentiment Survey 2012.The survey also revealed that 79...
Continue Reading • 21 Dec 2012
Ananda buys Udomsuk land for condo
By Andrew Batt: Ananda Development has signed an agreement to spend THB 825 million for land close to BTS Udomsuk BTS station in Bangkok. The funds will come from the proceeds of the company’s recent Initial Public Offering.Chanond Ruangkritya, CEO and Founder of Ananda, said”...
Continue Reading • 17 Dec 2012
Significant Sales in Singapore for KF
By Andrew Batt: Sales of more than S$200 million were recorded by Knight Frank’s Residential Team during their recent exhibition of 15 Sukhumvit Residences Bangkok last month.The fair provided an excellent opportunity for project owner, VSSL Enterprise Co., Ltd, to generate awarenes and...
Continue Reading • 17 Dec 2012
Pattaya property searches beat those for Phuket by three to one
By Andrew Batt: EXCLUSIVE: As reported exclusively by DDProperty.com in November, property in Pattaya is almost three times more popular than property in Phuket, according to TheMoveChannel.com's latest At a Glance report. Their latest report, published this week, depicts activity on the overseas...
Continue Reading • 17 Dec 2012
Asian property markets show signs of weakness
By Andrew Batt:Global housing markets posted mixed signals during the full year ending Q3 2012 according to the latest survey of global house price trends by the Global Property Guide. The bad news is strongly concentrated in Europe as the scale of the European downturn, the sheer size of the...
Continue Reading • 12 Dec 2012
DDproperty.com joins hands with Phuket Real Estate Association to host the 1st Phuket Property Show
Kanchana Paha DDproperty.com, Thailand’s no.1 property website and part of Asia’s leading property portal, the PropertyGuru Group, announced today its collaboration with Phuket Real Estate Association to host the Phuket Property Show 2013. This has been dubbed as the...
Continue Reading • 11 Dec 2012
Bangkok's Quality of Living improves
By Andrew Batt:Bangkok has jumped six places in the annual Mercer Quality of Living survey which was released this week. The Thai capital now stands in 115th place, up six places from its 2011 ranking.Vienna retains the top spot as the city with the world’s best quality of living, according...
Continue Reading • 7 Dec 2012
Pace plans for IPO, new projects
By Andrew Batt: Pace Development Corporation (PACE) has announced the appointment of Asia Plus Advisory to handle its Initial Public Offering (IPO) which is slated for mid-2013. It has also revealed plans for new projects in Hua Hin and Bangkok.Sorapoj Techakraisri Chief Executive Officer of Pace...
Continue Reading • 4 Dec 2012
Bangkok luxury residential prices record modest rise
By Andrew Batt:Luxury residential property prices in Bangkok rose modestly during Q3 according to new research from Jones Lang LaSalle. Elsewhere, prices in Singapore and China showed signs of stabilising after declining over the past six months, according to the latest Residential Index. Prices...
Continue Reading • 4 Dec 2012