Fewer launches; prices up in Q3
Fewer condominiums were launched in Bangkok during the third quarter of 2013, while average prices rose marginally quarter-on-quarter and remain more than 22 percent higher than those seen during the first three months of this year.In its Bangkok Condominium Market report, Colliers International...
Continue Reading • 6 Nov 2013
Happy birthday, here's a condo
An Australian father has bought his six-year-old son an unusual and expensive birthday present - an AUD710,000 (THB21.2 million) Sydney apartment.Lawyer Dion Vertzayas bought his son Dean the one-bedroomed property in Victoria Street, Sydney, which has views of the Harbour Bridge.He told...
Continue Reading • 5 Nov 2013
Strong Singapore interest at show
The growing trend of Singaporeans buying and investing in Thailand property was underlined when more than THB130 million worth of deals were done at PropertyGuru’s third Thailand Property Show, which took place in Singapore last weekend. The event, which was held in conjunction with...
Continue Reading • 5 Nov 2013
Big win for Koh Samui's Samujana
Koh Samui’s all-pool villa estate Samujana was a big winner at last night’s Southeast Asia Property Awards 2013 in Singapore.The development in the north east of the island scooped the prestigious Best Villa Development Southeast Asia award as well as the Best Residential...
Continue Reading • 1 Nov 2013
S'pore showcase for Thailand property
Singapore property buyers and investors will once again have the chance to learn more about opportunities in Thailand when the third PropertyGuru Thailand Property Show takes place in the city-state this weekend.The event, which will take place on November 2-3 between 11am and 7pm at the Orchard...
Continue Reading • 31 Oct 2013
Property in the spotlight in Phuket
Hot property topics including leasehold ownership and real estate industry regulation will be on the agenda at an event in Phuket at the end of November.The American Chamber of Commerce Thailand (AMCHAM) is set to hold an event on Friday, November 22, at Angsana Laguna Phuket. Guest speakers will...
Continue Reading • 30 Oct 2013
Foreign investors flock to Italy
Italy is becoming an increasingly attractive destination to foreign real estate investors, according to the latest figures released by Real Capital Analytics Inc. The data show that foreign investment in Italian commercial real estate totalled €2.75 billion between January and early October...
Continue Reading • 30 Oct 2013
Thailand's best battle for top awards
Thailand’s leading property developers and agencies will be battling for top honours at this week’s third annual South East Asia Property Awards, which take place in Singapore on Thursday.The awards, which take place on October 31 at the Shangri-La Hotel, celebrate the...
Continue Reading • 29 Oct 2013
Bangkok sees strong demand from S'pore
Singapore is set to be the second largest foreign market for Magnolias Ratchadamri Boulevard, one of the best-selling and most sought-after condominium developments in Bangkok.The appetite for premium overseas properties from property buyers and investors in the city-state, together with...
Continue Reading • 29 Oct 2013
No property bubble: agency report
There is no threat of a property bubble in Thailand according to a new report from real estate agency Plus Property. The real estate services provider and consultant claims there is no sign of economic interference in the industry and demand is organic - not the result of property flipping....
Continue Reading • 28 Oct 2013
Drop in Bangkok new launches
Just 22 new residential projects were launched throughout Bangkok during September – a decline of 16 percent by total value from the previous month.The Agency for Real Estate Affairs (AREA) noted there were 10,459 new units which came to market during September worth a combined THB34.01...
Continue Reading • 28 Oct 2013
Sands joins with Solo for sales
Sands Condominium Pratumnak has partnered with Bangkok real estate agency Soho Properties for sales of its 27-storey condominium located in the “Beverley Hills of Pattaya".Expected buyers will expatriates and locals from Singapore and Hong Kong, whose numbers has been notable increases...
Continue Reading • 28 Oct 2013
Revealed: World's most expensive office locations
Strong demand from niche financial and technology sectors is driving up the cost of office space in many cities around the globe, but a new analysis by Jones Lang LaSalle has revealed the 12 premier office districts have been the biggest beneficiaries of the trend, witnessing higher competition...
Continue Reading • 24 Oct 2013
More Asian buyers in Phuket
Buyers from Asia were more active in the Phuket condominium market during the second quarter of this year, according to research published by CBRE Thailand earlier this month.In its Phuket Residential Market Report, the agency noted that the resort condominium market on the island showed an...
Continue Reading • 24 Oct 2013
New condo launches at record high
Bangkok will see a record number of new condominium unit launches this year, although next year is predicted to see dwindling supply on new developments.The Real Estate Information Center (REIC) noted that between 70,000 and 75,000 units will be launched in 2013 – a record for the industry....
Continue Reading • 23 Oct 2013
Phuket boost for Tri Property
Tri Property is expanding its footprint in Phuket’s prime business district following the successful launch of two condominium projects, and has also appointed a new Chief Operating Officer to help manage the company’s investment portfolio as part of its attempt to achieve long-term...
Continue Reading • 22 Oct 2013
THB122 million deals done at Expo
Property worth more than THB122 million was sold during the recent DDproperty.com Expo which took place at Queen Sirikit National Convention Center in Bangkok earlier this month.The event, which attracted more than 3,000 property buyers and investors, also generated close to 900 sales leads worth...
Continue Reading • 22 Oct 2013
Rise in expat rental rates predicted
Rental rates for expatriate standard apartments and condominiums in Bangkok are likely to rise for the first time in more than 20 years, according to international property consultant CBRE Thailand.“Since the early 1990’s, there has been very little increase in total amounts of rent...
Continue Reading • 22 Oct 2013
Fewer Bangkok luxury launches: Report
The condominium sector in Bangkok’s central business district saw strong launch activity in Q3, according to the latest research report from real estate agency DTZ.The three months ending September 2013 saw approximately 2,440 units being launched versus the 1,600 units which made their...
Continue Reading • 21 Oct 2013
Deal done for ERA Thailand
Singapore-based private equity firm Northstar Group, through its Realty Partners Group unit, has completed the acquisition of the ERA Real Estate regional master franchise rights for Asia Pacific from Hersing Corporation.The rights were acquired following approval from master franchisor Realogy...
Continue Reading • 21 Oct 2013