All-time high for Bangkok office rents
Rental rates in Bangkok’s central business district have now reached an all-time high.
Continue Reading • 21 Aug 2014
THB300m deals done at exhibition
Deals worth more than THB300 million were concluded at a property showcase event in Bangkok last weekend.
Continue Reading • 19 Aug 2014
Bangkok bounces back
New property launches in Bangkok rose by 26 percent quarter-on-quarter during the second three months of the year, although the totals still remain around 20 percent lower than those seen during the first half of last year. There were many positive signs for the Bangkok property market during...
Continue Reading • 18 Aug 2014
Office sector continues to shine
According to latest data from JLL, emerging markets in Southeast Asia continue to shine especially in the office market. Rents and capital values in local currency terms rose across major Southeast Asian markets in the second quarter of 2014. The strongest quarterly gains in the office segment...
Continue Reading • 18 Aug 2014
DDproperty support for Pattaya show
DDproperty.com, Thailand’s number one property portal, has lent its backing as a media partner to the second Pattaya Property Show which will take place at the Dusit Thani Pattaya on Friday, October 3, until Sunday, October 5, 2014. The show has almost doubled in size since its debut earlier...
Continue Reading • 18 Aug 2014
Historic high for Raimon Land
Thailand’s luxury property developer Raimon Land PLC has continued to enhance its financial status by announcing its net profit for the first six months of 2014 already reached THB795.7 million (USD24.4 million) - or 107 percent of its total net profit for 2013. The firm recorded THB1.9...
Continue Reading • 18 Aug 2014
Bangkok landlords up rents by 3.5%
Despite the political tension in Thailand, retailers remained confident of the domestic consumption market, resulting in landlords being able to raise previously lowered rents by more than 3.5 percent as the military coup ended the political fallout. Similar to the office sector, retail...
Continue Reading • 15 Aug 2014
Rise in net profits at Ananda
Listed property developer Ananda records a strong rise in net profits for the three months ending June 2014.
Continue Reading • 15 Aug 2014
Vita targets Thailand buyers
Leading student accommodation provider Vita Student is exhibiting its latest British residential investment opportunities for the first time in Bangkok this weekend. The move has been prompted by an increasing number of proactive enquiries from the region, and follows the success of other...
Continue Reading • 14 Aug 2014
Shortlist for TPA 2014 revealed
The shortlist has been revealed for the annual Thailand Property Awards 2014, which celebrates the good and the great of the kingdom’s property industry.
Continue Reading • 11 Aug 2014
Sector to grow by 'leaps and bounds'
Mortgage lenders and business operators have expressed confidence that Thailand’s real estate sector will recover by the second half of this year and grow continuously afterwards. Kitti Patpongpibul, the President of the Housing Finance Association, stated that an improvement in the nation’s...
Continue Reading • 11 Aug 2014
Thai confidence at 11-month high
Confidence among Thailand consumers is at an 11-month high last month according to the latest University of the Thai Chamber of Commerce (UTCC) Consumer Confidence Index (CCI) . According to the Director of the UTCC Center for Economic and Business Forecasting Thanawat Polvichai, the index has...
Continue Reading • 8 Aug 2014
Whizdom hits 90% sales at Rama 2
The Whizdom Anamai NgarmJarearn development has reported sales of 90 percent just one month after its launch. Sales of more than THB500 million were achieved during the first phase of the three-storey commercial and residential building on Rama II according to the developer Estate Guru Company...
Continue Reading • 8 Aug 2014
Office deals see strong growth
Office deals recorded a strong increase during the second quarter, according to new research from Cushman & Wakefield, although Thailand – unlike many of its regional counterparts – did not record a single cross-border transaction during the three month period. Cushman & Wakefield said...
Continue Reading • 8 Aug 2014
More than 70% sold at IconSiam
Almost three quarters of units in the first phase launch at IconSiam have been sold inside one month. The development - a joint-venture between joint-venture between developers Siam Piwat, Magnolia Quality Development, and Charoen Pokphand Group - will be at the forefront of plans to make 10...
Continue Reading • 7 Aug 2014
Bangkok prime prices plateau
Prime residential property prices in Bangkok grew 6.4 percent in the 12 months ending June 2014, although there was no change in the three months from April – June. Knight Frank’s Prime Global Cities Index report noted that across the 32 cities monitored, prime property prices rose by 6.2...
Continue Reading • 7 Aug 2014
Positive outlook for Bangkok office market
By Andrew Batt Bangkok’s office market continued to improve during the first quarter of 2012, according to a new research report published by CBRE Thailand.Net new take- up was around 35,000 sqm while a total of 32,000 sqm of new Grade B office space was completed. The overall vacancy rate...
Continue Reading • 6 Aug 2014
UK developer to open Singapore office
By Andrew Batt U.K. developer Berkeley Group is planning to open an office in Singapore to cater to the increasing number of local buyers of its London properties.The company, which sells properties under the St George, St James, St Edward and Berkeley Homes brands, has been selling properties to...
Continue Reading • 6 Aug 2014
More overseas buyers look to US
International buyers accounted for 8.9 percent of all property purchases in the United States of America during the 12 months ending March 2012, according to new data from the National Association of Realtors.Total residential international sales during the period equalled US$82.5 billion, up...
Continue Reading • 6 Aug 2014
More than 70% sold at IconSiam
Almost three quarters of units in the first phase launch at IconSiam have been sold inside one month.The development - a joint-venture between joint-venture between developers Siam Piwat, Magnolia Quality Development, and Charoen Pokphand Group - will be at the forefront of plans to make 10...
Continue Reading • 6 Aug 2014