CP Land's plans for expansion
CP Land Co, the property arm of Charoen Pokphand Group, plans at least two condominium projects in each of the country’s 77 provinces over the next five years – including on the island of Phuket.“Our country may see slow growth, but every time we've stumbled we’ve...
Continue Reading • 23 Dec 2013
OPINION: Why Thailand still deserves attention
The turbulent scenes of street protests in Thailand that were flashed around the world on newspaper front pages and television bulletins last weekend will do little to boost confidence in the kingdom’s property markets – at least from an overseas buying perspective. Just last...
Continue Reading • 23 Dec 2013
Kingdom picks Mustique for new Pattaya project
Thailand real estate developer Kingdom Property has chosen Mustique as the name for its new beachfront residences in Pattaya's most prestigious beach, Wong-Amat. Kingdom Property Chief Executive Officer Nigel Cornick revealed that Mustique would be positioned at a level of quality, spaciousness...
Continue Reading • 20 Dec 2013
Cha-Am's priciest property to launch
Cha-Am will witness its priciest residential units go on sale with the planned launch of The Veyla Cha-Am Residences next month.Priced from THB54 million upwards to THB59 million, each of the four exclusive pool villa properties will occupy between 182 and 193 square wah, with a usable area of...
Continue Reading • 18 Dec 2013
Report highlights condo market split
A clear split is developing in Bangkok’s condominium market between the downtown market and the midtown / suburban market, according to new research from CBRE published yesterday.The Bangkok Overall Market View Q3 2013 report highlighted different market dynamics, sizes and quality emerging...
Continue Reading • 18 Dec 2013
Mixed messages over latest political wranglings in Thailand
EXCLUSIVE: Thailand’s recent renewed thrust into the global media spotlight and the subsequent calling of a general election in early February has understandably unnerved a few property buyers and investors who were considering investing in the Land of Smiles.But for those who know the...
Continue Reading • 17 Dec 2013
Savills opens in Myanmar
Savills, a leading global real estate service provider established in 1855, celebrated the opening of its new office in Yangon, Myanmar on 16 December 2013. This continues Savills regional growth and push into Indochina property markets. Savills Myanmar is located at 192 Kaba Aye Pagoda...
Continue Reading • 17 Dec 2013
AP joins with Mitsubishi Estate
Thailand property developer AP (Thailand) has announced a joint venture with Mitsubishi Estate Group, Japan’s largest property developer by assets. The joint venture is operated under an agreement with MEC Thailand Investment Pte (MTI), a newly formed company by Mitsubishi Estate Asia Pte...
Continue Reading • 17 Dec 2013
Phuket developers wait-and-see
The supply of new condominiums on the resort island of Phuket is expected to slow further next year, according to the Phuket Real Estate Association (PREA).New supply grew by as much as a staggering 300 per cent from 2010-12, but fell by nearly 30 per cent in the first 10 months of this year.The...
Continue Reading • 16 Dec 2013
Investor interest in Bangkok drops
Bangkok’s popularity with institutional real estate investors has declined five places in an annual report which tracks investment trends among investors.It the Emerging Trends in Asia-Pacific Real Estate report, published by pwc and the Urban Land Institute, Bangkok ranked 11th in...
Continue Reading • 13 Dec 2013
Thailand property interest picks up
Thailand returned to the top 10 most-searched countries in November on one of the world’s leading overseas property portals – highlighting renewed interest in property investments in the Land of Smiles.Having dropped to 11th in the October rankings on the Top Of The Props report by...
Continue Reading • 12 Dec 2013
Price declines predicted in Asia
Respected media company CNBC has reported that 2014 will see lower prices in regional real estate markets, although the predicted declines offered by many will not be as drastic as some market commentators are expecting.In a media report yesterday it reported: “A taper tantrum won't...
Continue Reading • 12 Dec 2013
Full house for Phuket property event
The American Chamber of Commerce attracted a full house of more than 120 property and real estate industry professionals at Angsana Laguna Phuket recently when the subject of real estate on Phuket was discussed,The event focused on bringing order and ethical behaviour to Thailand’s real...
Continue Reading • 11 Dec 2013
Bangkok retail space cheapest in Asia-Pac
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Continue Reading • 11 Dec 2013
Magnolias hits 70% sales
Magnolias Ratchadamri Boulevard has achieved 70 percent sales following a recent exhibition which took place at Siam Paragon in central Bangkok. Thanawan Chaiwatana, Managing Director of developers Magnolias Finest Corporation, said: “Since the project was officially launched in June 2012,...
Continue Reading • 11 Dec 2013
UK tax to target foreign buyers
Foreign owners of property in the United Kingdom will now be forced to pay capital gains tax, Finance Minister George Osborne announced in London last Thursday.The much-predicted new tax will come into effect from April 2015.Under current U.K. tax laws only second home owners who are U.K....
Continue Reading • 9 Dec 2013
Price rise for Bangkok office space
Office space in Bangkok is getting more expensive as demand from international companies continues to outstrip supply, according to new research from Colliers International in its latest Bangkok Office Market research report.No new office buildings were added to the market during the first nine...
Continue Reading • 19 Nov 2013
MARQUE to tempt S'pore buyers
The growing trend that has seen some of Thailand’s leading condominium developments showcase to Singapore property buyers and investors is set to continue this weekend when ‘super luxury’ condominium MARQUE Sukhumvit will be exhibited in the city-state for the first...
Continue Reading • 13 Nov 2013
Drop in overseas interest in Thailand
EXCLUSIVE: Thailand droped out the top ten most-searched overseas property destinations during October 2013, according the monthly TheMoveChannel’s Top of the Props survey of the most-searched overseas property buying destinations.From its position as the third most-searched country in...
Continue Reading • 11 Nov 2013
Big win for Ananda's Ideo Morph 38
Ananda Development’s IDEO MORPH 38 was the only winner from Thailand at the prestigious MIPIM Asia Awards, which took place in Hong Kong earlier this week.The Bangkok development, located 300 metres from BTS Thong Lor picked up a Silver Award in the Best Residential Design category.MIPIM...
Continue Reading • 7 Nov 2013