Bangkok Property Forum

RSS Feed Homepage

Articles: 1, 2, 3, 4, 5

4 Asian cities in apartment top 10
2008-01-28 12:08:00
By Robert Carry Four Asian cities have been named among the top ten most expensive for residential apartment buyers in a survey by the Global Property Guide, an international property research firm. While London, New York and Moscow were named as the most expensive, Hong Kong, Tokyo, Singapore, and Mumbai all made it into the top 10. ...
More About: General , Cities

LPN continues its focus on condo projects
2008-01-28 12:07:00
Source: Somluck Srimalee, The Nation Property firm LPN Development plans to launch eight new condominium projects worth Bt12 billion this year, managing director Opas Sripayak said. They will raise its revenue to Bt8 billion this year, up 23 per cent from Bt6.5 billion in 2007. Bt5.5 billion of revenue this year will come from six condominium projects presold ...
More About: Projects , Condo , Focus

Housing sector expected to grow
2008-01-16 06:21:00
Source: The Nation The property sector is expected to expand 3-5 per cent this year after an estimated drop of nearly 8 per cent last year, thanks to a forecast recovery in economic growth following the general election. Housing sales are estimated to have reached 72,000 units last year, down from 78,000 in 2006. Prasong Aowlarn, chairman of ...
More About: Grow

Builders looking to March expo
2008-01-16 06:18:00
Source: The Nation Association eyes Bt500m contracts as political situation stabilises The Home Builders Association expects contracts for house construction totalling Bt500 million to be signed during the three days of Home Builder Expo 08. The event runs from March 7 to 9 at the Bangkok Convention Hall in the Sofitel Centara Grand Bangkok hotel. Association director Pramote Thirakul ...
More About: General

Siam Zokei shifts focus to Thai buyers
2008-01-16 06:17:00
Source: Bangkok Post Siam Zokei Co, a property development joint-venture between the country’s largest consumer products conglomerate, the Saha Group and a Japanese developer, plans to build condominiums near mass transit to tap more Thai buyers, according to president Yasuo Miyazaki. ‘’The number of foreign customers has shrunk as the Thai baht has been stronger,'’ he said. ‘’During ...
More About: General , Focus , Buyers

New land valuations have minimal effect on Thailand Real Estate
2008-01-16 06:16:00
Source: The Nation Property developers are more worried about construction costs and say government valuations are well below market prices Developers continue to build condominiums in Bangkok?s central business district, even though land valuations have increased and construction costs continue to escalate. Although the Treasury Department has announced increases in land valuations averaging 26.9 per cent across the ...
More About: Estate , Thailand , Real Estate , General , Minimal

Bangkok condominiums: pricing and value in sharper focus
2008-01-16 06:15:00
Source: Bangkok Post Rising prices are a fact of life, although timing a big purchase before the cost goes up further can be tricky. This is certainly true of condominiums, which were the hottest properties in 2007 and will likely continue to be in heavy demand this year. Many developers have signalled that they may increase prices ...
More About: Focus , Condominiums

Banyan Tree - A hotel to call home
2008-01-16 06:14:00
Banyan Tree wooing foreigners with offerings of apartments for investment at some of its chic properties in Asia. The view from the top of the Banyan Tree Bangkok is impressive, reflecting the pricing of the units available, starting close to 25 million baht. Foreigners sidelined by the condo mania sweeping Bangkok because of lack of financing now ...
More About: Hotel , Home , Call

Pricing and value in sharper focus
2008-01-15 07:25:00
Source: Bangkok Post - Nina Suebsukcharoen Rising prices are a fact of life, although timing a big purchase before the cost goes up further can be tricky. This is certainly true of condominiums, which were the hottest properties in 2007 and will likely continue to be in heavy demand this year. Many developers have signalled that they ...
More About: Focus

A hotel to call home: Banyan Tree wooing foreigners with offerings of apart
2008-01-15 07:24:00
Source: Bangkok Post - Nina Suebsukcharoen Foreigners sidelined by the condo mania sweeping Bangkok because of lack of financing now have a new option, with Banyan Tree Bangkok offering to lend them 70% of the value of 24 apartments the hotel is now selling. However, the catch is whether one can afford it - the cheapest ...
More About: Hotel , Home , Call , Offerings

Bangkok fifth cheapest office space in world
2008-01-09 12:30:00
Source: Bangkok Post Bangkok has the fifth cheapest office cost per workstation in the world based on a survey by the Singapore-based international property adviser DTZ Debenham Tie Leung. In its 11th annual Global Office Occupancy Costs Survey 2008, Bangkok ranks 133rd globally in terms of office costs per workstation, or about US$2,840 per workstation per year. The ...
More About: Space , World , General

Mass transit changes the office equation
2008-01-07 10:35:00
Back-office work shifts to cheaper sites Source: Bangkok Post Bangkok’s expanding skytrain and underground systems are significantly changing office rental patterns, according to Greg White, the commercial director of the property firm Colliers International. Companies are eager to be near stations to improve their images and head off car parking problems, but significantly, they are also considering splitting ...
More About: Office , The Office , Mass , Transit , Quat

Vietnam property: The road to ?the new China?
2008-01-07 07:25:00
Vietnam has become one of Asia’s most ‘enticing and enigmatic’ markets, says CB Richard Ellis As Thai companies start to look at Vietnam as an attractive property investment destination, Matthew Koziora, associate director at the CB Richard Ellis Vietnam office, writes about the differences between local and foreign investors looking to put their funds into the ...
More About: China , Vietnam , Property , Road , The Road

Property firms prepare for year of hot competition
2008-01-04 12:24:00
Source: The Nation Campaigns already promise attractive deals for investors, and energy-efficient houses seem to take centre stage Property firms are preparing for another year of intense competition and are planning marketing campaigns to promote their residential projects in hopes of achieving 15-20-per-cent sales growth this year. Major property developers are working on a wide variety of plans ...
More About: Competition , Year , Firms , Pert

Foreigners invest largely in property sector in Vietnam
2008-01-04 12:23:00
Around 85 percent of foreign direct investment in Ho Chi Minh City last year has flowed into the property sector, worrying experts and authorities, Vietnam News Agency (VNA) reported. HCM City had attracted US$2.5 billion in the first 11 months, the highest in the country along with Hanoi and Dong Nai province, Thai Van Re, head ...
More About: Property , Invest , Pert , Rope

Lower-cost condos healthy but funding costs a new challenge
2008-01-04 12:21:00
Source: Bangkok Post Despite expectations of stagnant sales in many property segments this year, low- to medium-priced condominiums near mass-transit routes will thrive, although developers will need to diversify and be careful about their funding costs, according to industry executives. Condos have sold well since 2005 as people had become more concerned about the cost of living, ...
More About: Funding , Cost , Challenge , Lower , Healthy

Hip, green condo slated for Sukhumvit
2008-01-04 12:20:00
Source: Bangkok Post D-well Development Co plans to market a condominium near mass-transit lines this year by focusing on designs to differentiate itself from rivals, according to managing director Thavanan Tanesdechsundhara. He said the new project, to be located on Sukhumvit Road, would be in a unique hip, green style, make it different from the minimalist style ...
More About: Green , Condo

Real Estate Vietnam
2007-12-22 09:24:00
Vietnam has attracted a record $15 billion in foreign direct investment so far this year, up nearly 40 per cent from the same period last year, an official said. The amount strengthened booming Vietnam’s reputation as the new Asian magnet for investment, thanks to low wages, high literacy and a youthful population. Of the fresh ...
More About: Estate , Real Estate , Vietnam , Real

MAN OF THE YEAR: Heinecke full steam ahead
2007-12-19 12:02:00
Source: The Nation US-born Thai tycoon continues to surprise with bold new ventures While most businessmen are shunning new investment until political stability is restored, William E Heinecke is going ahead with his plans confident they will prove as successful as all his other projects in the past three decades. This year, he stunned all hotel and residential ...
More About: General , Full , Man of the Year , Steam , Year

Thai property attracts rush of foreign investment
2007-12-19 12:00:00
Source: The Nation Foreign developers and property-fund managers are continuing to expand their investments in Thai land’s property market, particularly in the hospitality industry that is clustered around the country’s leading tourist destinations. According to a survey by The Nation, foreign firms have formed joint ventures with local property companies and are planning to spend as much as ...
More About: Property , Investment , Foreign Investment

Currency amounts in/out of Thailand raised
2007-12-13 07:16:00
Source: Bangkok Post Finance Minister Chalongphob Sussangkarn decided to double the amount of currency that can be brought in or taken out of the country undeclared to US$20,000 from US$10,000, Deputy Finance Minister Sommai Phasi said Wednesday. According to Mr Sommai, the new restriction is a result from the expansion of economics and higher inflation. He added that ...
More About: Thailand , General , Currency

Property Brokerage Services
2007-12-13 07:15:00
Harrison to sell used homes The property brokerage firm Harrison Plc plans to shift focus to second-hand homes and tourist destinations in 2008 due to good potential in the segments, according to chief executive officer Alan Lin. The company next year plans to manage sales of more projects in Pattaya, Phuket, Samui, Chiang Mai and Hua Hin, ...
More About: Services , Property , Brokerage , Prop , Pert

Thailand land prices are booming
2007-12-13 07:15:00
The Nation: 12 Dec 2007 Streetwise recently reported on the latest progress on the nationwide land appraisal by the Treasury Department, which suggested plot prices had risen about 10 per cent compared from four years ago. Now that only 12 provinces are left to be appraised, it looks like we have a winner in terms of the ...
More About: Thailand , Land , Prices

U.K. Citizens Snapping Up Overseas Real Estate
2007-12-13 07:13:00
Source: www.builderonline.com New study shows steady growth for next five years; U.S. remains a top choice. The low-maintenance lifestyle of condos and townhomes, as well as single-family homes with homeowners associations that handle lawn care, have tremendous appeal to overseas buyers. Cachet Homes’ Crescent Falls at Fulton Ranch in Chandler, Ariz., has attracted Canadian buyers who want ...
More About: Estate , Real Estate , Real , Snapping , Overseas

14.8 million tourist arrivals to Thailand expected in 2007
2007-11-23 11:17:00
Source: The Nation The Tourism Authority of Thailand (TAT) is repositioning the country’s image from cheap to high-end and expects to reach a target of 14.8 million arrivals this year. Tourist arrivals are being boosted by 691 charter flights booked from this month until next April. Governor Phornsiri Manoharn said the TAT had been repositioning Thailand from a ...
More About: General , Million , On Tour

Ananda launches five high-rise city condos
2007-11-23 11:15:00
All buildings near mass transit lines Source: Bangkok Post The residential developer Ananda Development has launched five high-rise city condominiums projects worth a combined eight billion baht along the mass-transit routes. The company viewed that the demand for city condominiums would grow steadily until next year although unit prices would be higher due to the scarcity of land ...
More About: City , High , Rise , Nand

Thailand?s property developers must focus on niche markets
2007-11-23 11:14:00
Source: Bangkok Post Property developers must find market niches and create products to match the diverse needs of each segment, according to property executives. Developers that survived through the 1997 financial crisis were those successful in developing products to serve customers in specific target groups. Preuksa Real Estate chief executive Thongma Vijitpongpun said opportunities were present in ...
More About: Thailand , Markets , Focus

Serviced apartment owner adds hotels due to new regulations
2007-11-08 06:52:00
Source: Bangkok Post Kasemkij Co, which owns and runs the Cape House, Kantary and Kameo serviced apartments in Thailand, will add hotels to its portfolio to cater to tourists on daily and weekly bases. Hotels a must for survival, says Mr Wiwat. The business expansion is the result of a relaxed hotel regulation that extends hotel licences for ...
More About: Regulations , Owner

Property and residential development: New Supalai projects valued at B6 bil
2007-11-08 06:51:00
Source: Bangkok Post The listed developer Supalai Plc plans to launch four new projects worth six billion baht during the last two months of 2007, aiming to achieve 8.8 billion baht in sales, says deputy managing director Atip Bijanonda. ‘’The fourth quarter of this year is the best time of the year. During the first and the ...
More About: Projects , Residential , Property , Development , Resident

Bangkok brands to boom
2007-11-06 09:07:00
Property Report Staff Condo living is about convenience and luxury, the difference between the two being a matter of degree, not kind. The point of high-density living is to be close to things whilst also being removed from them, to have accessibility moderated by exclusivity. At a number of developments around Bangkok , that latter word is king. ...
More About: Boom , Brands