Estates @ Thaphra hits 60% presales
The Estates @ Thaphra, a low-rise condominium project on Charansanitwong Road in Bangkok, recorded 60 percent sales during its recent pre-launch event.Managing Director Samrit Thanakanjanasud revealed the news at the sales office for the 1.1 rai project which will house 185 units priced from THB...
Continue Reading • 28 Jun 2012
Magnolias set to bloom
By Andrew Batt: Luxury property buyers and investors have a new choice in Bangkok with the launch of Magnolias Ratchadamri Boulevard – a mixed-use development which will also boast the 5-star Waldorf Astoria Bangkok hotel.Developer Magnolia Finest Corporation, part of the DT Group, will...
Continue Reading • 28 Jun 2012
Thailand's real estate industry remains semi-transparent
By Andrew Batt: Thailand’s real estate industry remains “semi-transparent” while markets in The Philippines, Indonesia and Vietnam were among the top ten most improved markets globally, according to a report published today.The 2012 Global Real Estate Transparency Index, a...
Continue Reading • 27 Jun 2012
Raimon Land temps buyers
Property developer Raimon Land is promising instant discounts of up to 15 percent during its forthcoming two-day annual sale promotion.The property exhibition, which is set to take place at the Fashion Gallery at Bangkok’s Mega Bangna mall on June 30 and July 1, will also offer incentives...
Continue Reading • 27 Jun 2012
Changing the face of Thailand's property industry
By Andrew Batt: More than 350 real estate industry professionals learned how DDProperty.com, Thailand’s number one property website, is changing the way people buy, sell and rent property in Thailand at a lavish event in Bangkok yesterday.In April 2012, DDProperty.com launched the first...
Continue Reading • 27 Jun 2012
Phanson debuts The Park in Phuket
Bangkok-based property developer Phanason has released details of its latest Phuket project, The Park, on Nanai Rd in Patong, which will go on sale from July 5.The project will consists of 426 condos in seven blocks, each of seven floors. Marketing materials for the development emphasising the...
Continue Reading • 27 Jun 2012
Phuket buyers spoiled for choice
Home buyers in Phuket will be spoiled for choice this weekend when presales open for two major developments by Bangkok developers.Sansiri is continuing its drive into the low-price end of the Phuket housing market with the launch of yet another project, dcondo Creek in Kathu, while Phanason,...
Continue Reading • 26 Jun 2012
London property: The Thai love affair shows no signs of stopping
By Andrew Batt: EXCLUSIVE: Thai buyers' love affair with London properties is stronger than ever, and evidence from London property exhibitions held in Bangkok this month indicates the trend shows no signs of stopping.Savills held events showcasing developments at Woolwich Central and 375 High...
Continue Reading • 26 Jun 2012
Canada to tempt Bangkok investors
By Andrew Batt:EXCLUSIVE: Bangkok property buyers will get their first chance to view Canadian property without leaving the kingdom when developer Stone Creek Resorts Inc. brings it’s The Residences at Silvertip Village project to Thailand later this year.This is believed to be the first...
Continue Reading • 25 Jun 2012
Bangkok retail sector fully recovered
By Andrew Batt: Global shopping centre development continues apace with growing middle class populations and retailer expansion leading to unprecedented levels of construction, particularly in Asia, and new openings, largely in emerging markets, according to global property advisor CBRE.CBRE...
Continue Reading • 25 Jun 2012
Sinotrans opts for Bang-na Trad
In preparation for increased demand for logistics space in Thailand, Knight Frank (Chartered) Thailand recently sold 30 rai factory to Chinese integrated logistics provider Sinotrans, whose new warehouses will have a total capacity of 12,600 sqm when it becomes operational in March 2013. Marcus...
Continue Reading • 25 Jun 2012
Bid to change ownership laws
By Andrew Batt: Local government officials in Pattaya have petitioned the Thai government in a bid to relax the laws on foreign property ownership of condominiums in the Gulf of Thailand city.Foreign ownership of condos throughout Thailand is limited to 49 percent of the space in any single...
Continue Reading • 24 Jun 2012
Samui sales signals brands are back
By Andrew Batt:While other markets have seen the rapid emergence of branded residences as a fresh growth segment, the Thai island of Koh Samui has been a bit slower to react. But that has changed with the recent sale of one of the most exclusive villas on the island.Minor Property Group, which...
Continue Reading • 24 Jun 2012
Significant rebound for Bangkok propety
By Andrew Batt:Bangkok’s property market has rebounded significantly following last year’s floods according to a new report published by CBRE Thailand.Even the worst hit areas, such as low rise housing, retail and industrial areas that were inundated with water, have seen resumed...
Continue Reading • 24 Jun 2012
Asians look to UK student properties
By Andrew Batt:Recent research from CBRE has revealed that more than £246 million of student housing investment deals were transacted in the United Kingdom during Q1 2012, and this is on the back of a more than 50 percent rise in investments in this property asset class during last...
Continue Reading • 24 Jun 2012
Quake: Owners advised to inspect
By Romesh Navaratnarajah:Property consultancy Jones Lang LaSalle (JLL) has advised property owners in Phuket to carefully inspect their properties, following the 4.3-magnitude earthquake that hit on Monday.Most of the luxury resorts and residential properties on the island are following safety...
Continue Reading • 24 Jun 2012
Apartment rental rates on the rise
By Andrew Batt:Rental rates for Grade A apartments in Bangkok have increased by as much as 2.8 percent year-on-year, according to CBRE Thailand’s Bangkok Overall Market View report.During Q1 2012 there was a slight decrease of 1.6 percent quarter-on-quarter in the total supply of apartments...
Continue Reading • 24 Jun 2012
Speculators blamed for 'Phuket is sinking' rumour
By Andrew Batt:Real estate speculators have been blamed for spreading rumours that the Thai island of Phuket will sink into the Andaman Sea on April 28.The Director of Thailand’s Environmental Geology Bureau spoke yesterday to quash the rumours. Lertsin Raksasakulwong said: "Phuket...
Continue Reading • 24 Jun 2012
Half-price schooling for Phuket condo buyers
By Andrew Batt:Royal Phuket Marina has come up with a nifty marketing ploy to help sell its new family-style condominium development – a 50 percent subsidy on tuition fees for two consecutive years at the nearby British International School.The special offer halves the standard school fees,...
Continue Reading • 24 Jun 2012
JLL appointed for Prime Wongamat Phase Two
By Andrew Batt:Jones Lang LaSalle has been named the sole sales agent for Prima Wongamat Phase II, a prime resort condominium project in Pattaya by Petch Pattaya Development Co., Ltd.The development is claimed to offer the best value for money for buyers of beachfront condominiums in Pattaya -...
Continue Reading • 24 Jun 2012