Best-selling Bangkok locations
Bangkok’s top best-selling residential property locations, along with the best-selling price sector, have been revealed in a new survey by the Agency for Real Estate Affairs (AREA).Top of the list of Bangkok's best-selling locations during 2013 was Pathumwan district, ironically the hub of...
Continue Reading • 7 Feb 2014
The Bay to tempt Singapore buyers
The first Thailand property development to exhibit in Singapore since the current political problems began to attract global media headlines will be trying to tempt buyers and investors from the city-state this weekend. Jones Lang LaSalle will be showcasing The Bay, Koh Samui (pictured), a small,...
Continue Reading • 7 Feb 2014
Weak baht attracts foreign buyers
The current political situation has failed to affect sales of property at Fragrant Group, according to its Chief Executive Officer James Duan.Duan (pictured) said his company is currently selling between 8 and 10 units per week, and its main customer base is foreign buyers who are attracted to...
Continue Reading • 6 Feb 2014
Office sector rents, occupancy, rise
Occupancy rates and rents in Bangkok central business district (CBD) have significantly increased during the last two years, according to new research from Colliers International, who also cautioned that political instability is hampering future potential in the sector.Just one office building...
Continue Reading • 6 Feb 2014
Candy & Candy eye Bangkok
Candy & Candy, one of the worlds’s leading designers of high-end property and owners of London’s prestigious uber-luxury One Hyde Park development have hinted that Bangkok is on their wish list for future developments.Media reports quoted the company as highlighting Jakarta, Hong...
Continue Reading • 6 Feb 2014
Savills markets UK student homes
Savills Thailand has started to market a U.K. student accomodation project to its Thai clients.The development, called Asquith House in the northern city of Leeds, is offering 9 percent guaranteed returns for five years. The initial investment level is from £52,995 (THB285,000 approx.)...
Continue Reading • 6 Feb 2014
Watch for Asia outbound investment, says agency
Asia’s accelerating economic growth and rising industrial output and retail sales all point to a positive outlook for the region’s property markets during the coming year, according to Colliers International. In its International Asia Real Estate Forecast 2014, the global real estate...
Continue Reading • 29 Jan 2014
Thailand's most expensive land
Thailand’s most expensive land, at THB1.65 million per squ wah, is still held by Siam Square in the centre of the Thai capital, according to research from the Agency for Real Estate Affairs (AREA).Sopon Pornchokchai, President of AREA, told reporters that land near to BTS Siam station in...
Continue Reading • 29 Jan 2014
Why one-bed rentals will not fall
A recent local media report suggested that rental rates for one-bedroom condominiums in Bangkok could fall due to an oversupply of these types of units.The report quoted one line from a comprehensive multi-page agency report, yet headlined the ‘one-bed’ decline as opposed to the...
Continue Reading • 28 Jan 2014
A record year for real estate
Last year proved to be a record year for real estate transactions, with volumes hitting their highest levels since 2005 to reach US$90.4 billion.The 24.2 percent year-on-year increase was led by strong investment activity in Australia, China and Japan, with these three markets each...
Continue Reading • 28 Jan 2014
Work starts at The Lofts Ekkamai
Construction work began last week at The Loft Ekkamai following developer Raimon Land’s awarding of the piling contract to Pylon.The contract, which follows the project’s EIA approval, represents the third collaboration between Raimon Land and Pylon, building upon previous joint...
Continue Reading • 27 Jan 2014
Topping-off for Up Ekamai
Thailand property developer Nusasiri recently held the topping-off ceremony for its Up Ekamai condominium development in the Ekamai area of Bangkok.Last month the project held its first overseas exhibition in Singapore and attracted interest from buyers there.Visanu Thepcharoen, Chief...
Continue Reading • 27 Jan 2014
Amari to launch on Phuket's Patong Beach
Amari Residences is expected to launch a new project in the first quarter of 2013, according to media reports in Phuket,Located next to the Amari Coral Beach resort, the development will have 148 apartments and 12 villas. CBRE Thailand will handle project sales and marketing, according to the...
Continue Reading • 24 Jan 2014
AIA Capital Center opening on target
AIA Group, one the Southeast Asia’s largest insurance groups, has diversified its operations and is set to open two large office and retails developments in Bangkok.AIA Capital Center will open in June 2014, and will be the only large-scale Grade ‘A’ commercial property on...
Continue Reading • 24 Jan 2014
Limited impact seen in Pattaya
EXCLUSIVE: Although just a 90-minute drive south from gridlocked Bangkok, the Gulf of Thailand town of Pattaya is seeing little impact in its property and real estate sector.Real estate veteran agent Clayton Wade of Premier International, told DDProperty.com: “I am wondering if the world is...
Continue Reading • 23 Jan 2014
Rentals up for first time in 20 years
Residential rentals in downtown Bangkok rose for the first time in 20 years during 2013, according to data released by CBRE Thailand. Sales prices also rose, resulting in condominium yields remaining stable at around 5.3 percent, according to the international real estate advisor. The company...
Continue Reading • 23 Jan 2014
Mixed views on the full impact of Bangkok's State of Emergency
EXCLUSIVE: Opinions remain divided as to how deep the impact will be for Thailand’s property and real estate industry from yesterday’s declaration of a State of Emergency in Bangkok and its surroundings.DDproperty.com has spoken to a number of agencies and developers in the kingdom...
Continue Reading • 22 Jan 2014
Sales to drop 40% says agency
Thailand’s Agency for Real Estate Affairs Company (AREA) has predicted that property sales figures will drop by up to 40 percent if the current political situation continues - with this news coming prior to yesterday's introduction of a State of Emergency in Bangkok and its suburbs....
Continue Reading • 22 Jan 2014
Highest price gains at low end of the Bangkok property market
Property prices in Bangkok, and its neighbouring provinces of Nonthaburi and Samut Prakan, saw an average increase of 5.6 percent year-on-year according to data from the Real Estate Information Center, with developments close to future mass transit lines seeing the largest price gains.The highest...
Continue Reading • 21 Jan 2014
No impact for one resort property
EXCLUSIVE: At least one Thailand resort development has seen absolutely no impact from the current political situation in Bangkok.Last Friday U.K. real estate developer and agency Knight Knox sent an email marketing Bang Saray (pictured), a freehold development in the Gulf of Thailand resort city...
Continue Reading • 21 Jan 2014