Politics impacting industrial sector
The lack of a permanent government is expected to have a detrimental impact on Thailand’s Industrial Estate sector, according to a new report from Colliers International Thailand.Political problems have meant a new board has not yet been appointed to Thailand’s Board of Investment...
Continue Reading • 24 Mar 2014
Hilton Hua Hin up for sale
One of Thailand’s most iconic beachfront hotels, Hilton Hua Hin, is being offered for sale. With JLL’s Hotels and Hospitality Group appointed as the exclusive brokering agent.Mike Batchelor, Managing Director, expects the hotel to receive strong interest from both Thai and...
Continue Reading • 21 Mar 2014
Property prices up 3.87% in 2013
Inflation-adjusted house prices in Thailand rose by 3.87 percent during 2013 following a 1.94 percent decline in 2012, according to new research from Global Property Guide.The global house price boom continued to accelerate last year, led by the U.S. and Asia-Pacific, according to the survey of...
Continue Reading • 21 Mar 2014
Land prices growth to slow
The announcement by Thailand’s Constitution Court last week against the government’s THB2 triilion funding for large infrastructure projects is expected to stall land price growth, and deals another blow to a property market that’s already suffering from the combined effects of...
Continue Reading • 20 Mar 2014
THB1 billion sales for Pace
Sales of condominiums at Bangkok’s Ritz Carlton Residences have surpassed more than THB1 billion in the last two months, largely as a result of the project changing its status from leasehold to freehold.Sorapoj Techakraisri (pictured), Chief Executive Officer of Pace Development, said that...
Continue Reading • 20 Mar 2014
Letter from MIPIM: Day Three
Brett Alegre-Wood reports for DDproperty.com from the third day of MIPIM, the annual conference for the world's property industry.One of the keynote presentations on day three at MIPIM in Cannes, France, focused on future proofing your property investment - a professional’s gaze into the...
Continue Reading • 14 Mar 2014
London expert for CBRE Thailand
CBRE Thailand has appointed an International Residential Investment Manager to cope with the growing number of Thai buyers looking at buying and investing in London property.Virginia Ewart-James (pictured) has been transferred to Bangkok from CBRE London, and her role is to offer a bespoke...
Continue Reading • 13 Mar 2014
Grande Caribbean hits 80% sales
The Grande Caribbean Condo Resort development has achieved 80 percent sales to date, and is expecting to sell its remaining units before the end of the year.Apichart Gulati (pictured), Project Manager of developer Blue Sky Group, said: “The overall real estate business in Pattaya continues...
Continue Reading • 13 Mar 2014
Letter from MIPIM: Day Two
Brett Alegre-Wood reports for DDproperty.com from the second day of MIPIM, the annual conference for the world's property industry.Day two at MIPIM in Cannes, France, was a mixed spread of other U.K. cities, all bidding for recognition and investment. It’s clear to see that confidence in...
Continue Reading • 13 Mar 2014
Thailand winners in Property Awards
EXCLUSIVE: Thailand companies feature prominently in the shortlisted winners for the prestigious 2014 Asia Pacific Property Awards.More than 490 developers, real estate agents and architects have made the short list in 47 categories for the annual awards.Stuart Shield, President of the...
Continue Reading • 13 Mar 2014
Condo prices rose 40% in 2013
Average prices of new condominiums in Bangkok rose by as much as 40 percent last year, according to the latest research published by Colliers International Thailand.In Q4 alone, the agency reported that average prices jumped by 16 percent versus the previous quarter.In its Bangkok Condominium...
Continue Reading • 12 Mar 2014
Letter from MIPIM: Day One
Brett Alegre-Wood reports for DDproperty.com from the opening day of MIPIM, the annual conference for the world's property industry.Day one of of the event in Cannes, France, saw the Mayor of London, Boris Johnson, counter recent negative rhetoric about overseas investors in London.In his speech,...
Continue Reading • 12 Mar 2014
Singapore government to offer overseas property buying advice
Singapore property buyers and investors will soon be able to obtain advice on their overseas property purchases through an online guide from the government’s Council for Estate Agencies (CEA).In reaction to the ever growing number of Singapore buyers investing in overseas property markets,...
Continue Reading • 11 Mar 2014
Rise in Thailand hotel investments
Hotel investments in Thailand rose by 31 percent last year to stand at US$337 million, according to the latest figures published by JLL’s Hotels and Hospitality Group.Hotel investment volumes throughout Asia reached US$7.5 billion at the end of 2013, up 218 percent on 2012 and defying all...
Continue Reading • 11 Mar 2014
New office tower for Sukhumvit
A new landmark office building in Bangkok’s prime Sukhumvit area will be launched later this year.Bhiraj Buri Group is set to debut its Bhiraj Tower at EmiQuartier, a 45-floor development located next to Sukhumvit Soi 35. It will feature 47,500 sqm of office space, with a direct link to BTS...
Continue Reading • 11 Mar 2014
Russians still searching for Thai property
Property buyers and investors from Russia are searching for homes in Thailand in every increasing numbers, according to the latest research from Russia’s fastest growing international property portal.During February 2014, Idinaidi.ru saw a 26 percent increase in searches for property in...
Continue Reading • 11 Mar 2014
klapsons coming to The River
The brand behind klapsons The Boutique Hotel, which started in Singapore, will open its first overseas property in Bangkok nexy month. klapsons The River Residences Bangkok (pictured), a serviced residence, will offer 83 units on the 23rd to 31st floors of the North Tower of The River...
Continue Reading • 10 Mar 2014
Mandalay Samui shortlisted for award
Mandalay Samui has been shortlisted for one of the top honours at this year’s Asia Pacific Property Awards, which will be announced at a gala dinner and presentation in Kuala Lumpur on May 9.Stuart Shield, President of the International Property Awards, said: “It never ceases to amaze...
Continue Reading • 10 Mar 2014
Factors behind Bangkok slowdown
Bangkok’s midtown and suburban condominium markets are expected to experience a slower year in 2014, as a result of factors including weaker end-user demand and increasing consumer debt.In its Bangkok Overall Marketview report published late last week, CBRE Thailand also cited the amount of...
Continue Reading • 10 Mar 2014
Bangkok 12th in Asia for rentals
Rental rates for a high-end unfurnished three-bedroom apartment in Bangkok are the 12th most expensive in the region and 51st globally following a 2 percent rise last year, according to new research from ECA International.At US$3,130 per month, rents in Bangkok are some 44 percent cheaper than...
Continue Reading • 7 Mar 2014