USA leads the way in residential investability potential
The USA was tops in residential investability potential on the basis of economic growth and market recovery potential with four Asia Pacific countries making the top-15, according Savills’ recently released World Residential Investability Ranking.
Continue Reading • 17 Sep 2015
Thailand Property Awards 2015 take center stage
The Thailand Property Awards 2015 returned on 16th September honoring the best real estate in the country. The winners and highly commended were on hand to receive their prizes in an exclusive, black-tie awards gala held at the Plaza Athenee Bangkok.
Continue Reading • 17 Sep 2015
Ananda plans new launches near mass transit
Despite a struggling condo market in Bangkok, Ananda Development told local media that it does not believe demand for project near mass-transit stations in the city will be affected.
Continue Reading • 16 Sep 2015
Downtown land in high demand from developers
Demand for prime sites located in Bangkok’s Central Business District remains high despite the continuing stagnation of economic growth in Thailand, according to a report by CBRE Thailand.
Continue Reading • 16 Sep 2015
Condos outside of downtown Bangkok struggled in Q2
Recently launched condominium projects in Bangkok’s downtown areas performed strongly in the second quarter while those in midtown and suburban areas struggled
Continue Reading • 15 Sep 2015
JLo’s home back up for sale at a discount
Famed singer and actress Jennifer Lopez will reduce the asking price of her mansion in Southern California by close to 15 percent to USD14.5 million.
Continue Reading • 15 Sep 2015
Sena shifts focus from condos to low-rise developments
Sena Development has decided to shift its focus on low-rise projects in the fourth quarter in an attempt to avoid risk as the company begins to expand its solar energy business.
Continue Reading • 14 Sep 2015
China latest country to ease rules on foreign ownership
China has become the latest country in Asia to ease property investment rules for foreigners, according China Daily. The new rules will allow qualified foreign institutional and individual investors to buy more properties on the mainland of China.
Continue Reading • 14 Sep 2015
Community malls hit by retail sector struggles
Thailand’s retail sector continues its struggles as the economic slowdown as well as weak consumer spending and confidence during the first half of 2015 contributed to another lacklustre performance, according to CBRE Thailand.
Continue Reading • 11 Sep 2015
Pace will focus on property and retail moving forward
Pace Development chief executive Sorapoj Techakraisri said the company will put equal focus on its property and retail business development starting next year. He said the move is designed to strike a balance between the two segments.
Continue Reading • 11 Sep 2015
Dubai property sees world’s largest decline
The Dubai property market recorded the largest decline in the world over the past year as prices fell by 12.2 percent according to real estate consultancy Knight Frank.
Continue Reading • 10 Sep 2015
FYI Center sets pre-leasing record
Golden Land Property Development’s FYI Center, an office building located at the Rama VI junction, has pre-leased 50 percent of its office space some six months before the project’s expected completion.
Continue Reading • 10 Sep 2015
Singapore's Tee Land buys Bangkok site for THB92.6 mil
Tee Land's associate Chewathai Plc has entered into a sale and purchase agreement with Yuree Sethawan to acquire a 24,704 sq m freehold land at Rangsit Klong 1 in Patumthani for THB92.6 million.
Continue Reading • 9 Sep 2015
Midtown Bangkok boasts impressive sales rate
With a sales rate of more than 85 percent, condo demand in Bangkok's midtown locations including Ratchadaphisek-Rama IX-Lat Phrao, Phaya Thai–Phahon Yothin, Phetchaburi Road and Rama III Road remains impressive
Continue Reading • 9 Sep 2015
CBRE acquires leading facilities management company
CBRE closed the acquisition of Johnson Controls, Inc.’s Global Workplace Solutions business, the company recently announced in a press release.
Continue Reading • 9 Sep 2015
Massive project in Singapore put up for sale
A 358-unit residential project in the Upper Thomson neighborhood of Singapore has been put up for a collective sale with the buyers asking for a minimum price of SGD688 million.
Continue Reading • 8 Sep 2015
Central planning malls in Thailand and abroad
Central Group announced plans to develop four to five new projects over the next three years as part of its plan to increase its annual revenue growth by 15 percent between now and 2021.
Continue Reading • 8 Sep 2015
Asia’s largest hotel portfolio transaction in 2015 completed in Japan
Savills Hotels announced the completion of the sale of the four ANA Crowne Plaza hotels in Hiroshima, Fukuoka, Kanazawa and Toyama, Japan.
Continue Reading • 4 Sep 2015
Finance Ministry set to lease Makkasan land plot
The Finance Ministry of Thailand looks set to benefit from the government deciding to speed up amending the land-lease law as it prepares to lease a massive plot of prime central Bangkok from the State Railway of Thailand
Continue Reading • 4 Sep 2015
Fragrant Property builds Thailand’s first energy saving condo
Fragrant Property’s Circle Living Prototype condominium was recently recognized as Thailand’s first true “Energy-Saving Condo” by the Ministry of Energy’s Department of Alternative Energy Development and Efficiency.
Continue Reading • 3 Sep 2015