Luxury prices rose 0.8% in Q1
Luxury residential property prices in Bangkok rose 0.8 percent quarter-on-quarter and 2.0 percent year-on-year according to research from JLL.During Q1 2014, most monitored luxury residential markets in Asia Pacific saw limited or no price growth as a result of slower sales activity. Of the nine...
Continue Reading • 21 May 2014
Thailand crisis: Business as usual
It seems to be business as usual for Thailand as the kingdom enters its second day under Martial Law.Yesterday real estate agents and property professionals were largely supporting of the army’s intervention, seeing it as possibly being the beginning of the end of the current political...
Continue Reading • 21 May 2014
Martial Law: Beginning of the end
Whilst the full ramifications of the implementation of Martial Law in Thailand remains unclear, many in the property and real estate sector are welcoming the move towards greater stability. The order, which was signed by Army Chief General Prayuth Chan-Ocha, cited a 100-year-old law that gives it...
Continue Reading • 20 May 2014
Thailand under Martial Law
Thailand’s Army Chief General Prayuth Chan-Ocha, citing a 1914 law that gives it authority to intervene during times of crisis, envoked martial law in the kingdom at 3am this morning (Tuesday).He said the action had taken the action because on-going mass rallies between political rivals...
Continue Reading • 20 May 2014
Retirement housing in the spotlight
Leading real estate experts from around the region will examine the pressures and opportunities of the Asia’s senior housing market at the Retirement Living and Senior Care Southeast Asia 2014 event in Kuala Lumpur, Malaysia, which is set to take place from June 17 until June 19.Southeast...
Continue Reading • 20 May 2014
Bangkok's riverbank buzz
The banks of the Chao Phraya River in Bangkok are buzzing as property developers have been busy buying land on both banks.According to recent research from property developer Raimon Land the unrelenting pace of urbanisation in the Thai capital has led to a surge in demand for prime waterfront...
Continue Reading • 20 May 2014
Little change in Serviced Apartment sector
Both rental rates and occupancy levels in Bangkok’s serviced apartments are expected to remain static this year, according to the latest research from Colliers International Thailand.It its Bangkok Service Apartments Q1 2014 report, the real estate firm noted that Bangkok’s serviced...
Continue Reading • 19 May 2014
The 300% mass transit premium
EXCLUSIVE: Buyers of newly-launched Bangkok condominiums located within 200 metres of a mass transit station in the city can expect to pay up to 300 percent more than similar projects outside that all-important golden zone.Projects located close to BTS (skytrain) stations also command a hefty...
Continue Reading • 19 May 2014
Property sector to drop by 10%
According to Thailand listed property developer Pruksa Real Estate, the current political turmoil in the kingdom has greatly affected public spending.Thailand’s National News Bureau has reported the company as predicting Thailand’s real estate sector will likely contract by as much as...
Continue Reading • 16 May 2014
Big fall in Bangkok CBD launches
There were substantially fewer downtown condominium launches in Bangkok during the first quarter of the year, according to research from DTZ.The extended political stalemate, which is now into its seventh month, a rising household debt burden and falling consumer sentiment were some of the...
Continue Reading • 16 May 2014
Tulip Group invests in talented staff
Pattaya-based property developer Tulip Group has appointed Worawaranch Tharataphisawas as Senior Marketing and Communications Manager for its real estate and corporate marketing departments.Worawaranach and her team will be responsible for Tulip Group’s brand positioning and market analysis...
Continue Reading • 16 May 2014
Could Asia be losing its shine
For the first time since the turn of the century, economic fortunes in the West and East have reversed, and Asian property investments are finally losing some of its glitter and shine.This view comes from Pacific Star Group’s recent 2014 Asian Property Outlook and Strategy (APOS)...
Continue Reading • 16 May 2014
New launch prices at 2-year low
Average selling prices of newly launched property throughout Bangkok were at their lowest levels for more than two years during the first three months of this year.Colliers International Thailand, in its latest research report, noted that average prices in the City area were more than THB155,000...
Continue Reading • 16 May 2014
More in store for Bangkok shoppers
Thailand’s retail market has faced considerable challenges during the first quarter of 2014. These have included a drop in private consumption and consumer confidence, as well as a 3.4 percent fall in tourist arrivals year-on-year.In many cases, the effects of the slowing economy and...
Continue Reading • 16 May 2014
Phuket is home to Asia-Pacific's best real estate agency website
Phuket will be flying the flag for Asia-Pacific in the International Property Awards in Dubai later this year after Phuket.Net Real Estate scooped the Best Real Estate Agency Website in the region at last week’s Asia-Pacific Property Awards in Kuala Lumpur,...
Continue Reading • 15 May 2014
Buyer confidence at 8-year low
Confidence among new house buyers in Thailand is at its lowest point for eight years, according to the latest index from The Centre of Economics & Business Forecasting of the University of the Thai Chamber of Commerce.As reported by Colliers International Thailand in its latest Bangkok...
Continue Reading • 15 May 2014
New condo take-up drops to 40%
Bangkok’s condominium market continued to grow during the first three months of the year, despite the sector being directly impacted by the ongoing political problems. Those are the findings from Colliers International Thailand in its latest Bangkok Condominium research report.The agency...
Continue Reading • 15 May 2014
Factory rents remain stable
Factory rental rates in Thailand remained stable during Q1 2014 versus the previous three months, according to the latest research from CBRE Research and Consultancy in its Asia Pacific Industrial and Logistics Marketview report for Q1 2014.Structural changes in the Thai manufacturing industry...
Continue Reading • 15 May 2014
500 Phuket homes up for auction
More than 500 properties with a combined value of more than THB10 billion will come under the hammer at a two-day property auction in Phuket this weekend.The live auction event, organised by the Phuket Real Estate Association, will take place at Boat Lagoon Resort between 9am until 4pm on...
Continue Reading • 14 May 2014
Thailand buyers look to Krabi
EXCLUSIVE: The political chaos that has rocked Bangkok has turned out to be a benefit for places like Krabi in southern Thailand.The Centara Pelican Bay Residence and Suites, which showcased its investment to potential buyers and investors in Singapore last weekend, has yet to see any decline in...
Continue Reading • 14 May 2014