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Bangkok Property ForumBangkok Property ForumForum for property related issuses in Bangkok Articles
Scramble to join Bangkok?s serviced apartment expansion threatens to turn i
2007-10-26 13:02:00 While many high-end residential developments, including luxury condominiums, have suffered from sluggish sales so far this year, serviced apartments in central Bangkok that target foreigners have been enjoying the opposite experience. The number of foreigners working in Bangkok keeps increasing, and the number of serviced apartments under construction keeps rising. The allure of high returns and ... More About: Join , Turn , Expansion , Threat
Real estate groups want clearer policies
2007-10-26 11:44:00 Source: Bangkok Post Eight property-related groups have urged the next elected government to support the real estate sector to prevent a possible crisis and bring stability to the industry. The main requests cover overall real estate policy, creating an agency to oversee the sector, and residential policy for low-income earners, said Kitti Patpongpibul, the president of the ... More About: Estate , Real Estate , Policies , Real , Groups
Bangkok?s vertical property boom: High stakes and high returns in the condo
2007-10-22 10:42:00 Source: The Nation Property firms attract buyers by creating special events to promote their city condominiums. Location and convenient transportation are the two main factors that lend advantage to condominiums located in Bangkok ’s central business district (CBD), as well as those located near Skytrain or subway routes, because they save on transport costs and slash the time ... More About: Condo , High , Boom
Thailand Conventional and Exhibition Bureau
2007-09-28 08:34:00 THAI MICE industry projecting huge growth Thailand ?s Meetings, Incentives, Conventions and Exhibit ion s (MICE) sector is doing well. In the first six months of 2006, Thailand saw a growth of 70.54% in visitor arrivals for conventions and a 27.95% increase in business travellers. The highest numbers for convention delegates were from the ASEAN region, led by Malaysia followed ...
Thai real estate hit by strong baht
2007-09-25 09:37:00 Not only has the strength of the Thai baht become a major concern for exporters, but it has also had implications for Thailand’s real estate sectors. The rapid increase in the US dollar-Thai baht exchange rate has largely been explained as weakness of the US dollar around the globe, and more recently by continued inflow of ... More About: Estate , Real Estate , Real , Strong
Ministry to overhaul property tax structure: Residential housing would face
2007-09-24 08:35:00 Source: Bangkok Post Reducing the base for property tax calculations could help increase public acceptance of the system, according to Somchai Sujjapongse, a fiscal adviser to the Finance Ministry . Dr Somchai recently visited the United States to survey how property taxes are assessed in different states. He said that while US property taxes were relatively high, ranging ... More About: Residential , Property , Housing , Face
Fund growth curbed by 30% rule
2007-09-24 08:34:00 Source: Bangkok Post Capital restrictions on property funds are preventing Thailand from attracting investment, say foreign fund managers. Chris Reilly, vice-president of the Asian Public Real Estate Association (APREA), said Thailand was missing opportunities to attract foreign investors due to the 30% reserve rule imposed by the Bank of Thailand on foreign inflows. He said that property funds, ... More About: Growth , Fund , Rule
100 of the best in MIPIM Asia awards
2007-09-11 07:50:00 One hundred of the most innovative and prestigious real estate projects in the Asia Pacific region are competing in the inaugural MIPIM Asia Awards . The Awards will be held prior to the November 28 opening ceremony for the second MIPIM Asia, the international Asia Pacific property market, to be held in Hong Kong, November 28-30, ... More About: Events
Raimon Land awards piling contract
2007-09-11 07:48:00 Publicly listed residential developer Raimon Land has announced the award of the piling contract for main towers of The River project at a recent signing ceremony in Bangkok. The piling contract for main towers has been awarded to ItalThai-Trevi Co., Ltd., the Kingdom’s premier foundation specialists, with a successful track record of on-time projects. While not officially ... More About: Awards , Contract
Frasers opens third Bangkok property
2007-09-11 07:47:00 International serviced apartment developer Frasers is set to open its third Bangkok property, Fraser Suites Sukhumvit. The 118 unit development, on Sukhumvit Soi 11, will open its doors to guests in October. Jacqui Cuthbertson, general manager of the development, says Fraser Suites Sukhumvit will provide both corporate and leisure guests with a high quality beautifully designed ... More About: Property , Prop , Third , Pert
K-TECH awarded new contract
2007-09-11 07:45:00 SET listed construction and engineering contractor K-Tech Construction Public Company Limited (”K-TECH”) recently announced that the company had been awarded the Aquaminium project by Buppachart Company Limited. Located at the Royal Phuket Marina complex, the Aquaminium signals the commencement of the much anticipated second phase of the Royal Phuket Marina Project and is evidence of K-TECH´s ... More About: Contract
Changing face of foreign property owners in Singapore
2007-09-11 07:44:00 By Sonia Kolesnikov-Jessop Along with Malaysians and Indonesians, an increasingly diverse group of nationalities are buying into Singapore , reflecting its ambition to become a genuinely global city. Malaysians and Indonesians have traditionally been the dominant foreign buyers of property in Singapore and they still remain at the top of the list. However, over the last year, their ... More About: Property , Changing , Face , Foreign
Property construction standards in Vietnam: start of something special
2007-09-11 07:42:00 By John Higginson “Homebuyers used to pay more to live on the third floor rather than the 12th, as it meant there were fewer stairs to walk up and down when there were power cuts,” says Marc Townsend, Managing Director of CB Richard Ellis (Vietnam ). “Now, it’s all about the view and paying to live on ... More About: Standards , Property , Construction , Start
Foreign ownership law - Cambodia
2007-09-11 07:40:00 Cambodia’s private sector has urged the government to allow foreign ownership this week saying an open-minded real estate market would promote economic growth. The Cambodian investment law was amended back in 2005 to allow foreign ownership of permanent fixtures, but as yet has not been enforced. The non-implementation of the act has in fact rendered ... More About: Cambodia , Foreign , Owners , Reign
Q4 expected to bring signs of Thai housing market revival
2007-09-11 07:38:00 Source: Bangkok Post New housing launches will pick up in the fourth quarter of the year as political concerns ease ahead of the Dec 23 elections, says Sopon Pornchokchai, president of the property consultant Agency for Real Estate Affairs (AREA). He said many developers had delayed launches during the first eight months of the year as they ... More About: Market , Signs , Thai , Housing , Viva
Q4 expected to bring signs of Thailand?s housing market revival
2007-09-07 11:57:00 Testing times Credit squeeze could cause some ripples in local market Nina Suebsukcharoen, Bangkok Post The River will have a show suite ready for viewing next month and Raimon Land will have a special boat to ferry customers across the Chao Phraya to the site. The sub-prime meltdown in the US will ultimately affect the cost of borrowing and ... More About: Thailand , Market , Signs , Housing , Viva
Property / Year-end outlook
2007-09-07 11:54:00 Q4 expected to bring signs of housing market revival Kanana Katharangsiporn, Bangkok Post New housing launches will pick up in the fourth quarter of the year as political concerns ease ahead of the Dec 23 elections, says Sopon Pornchokchai, president of the property consultant Agency for Real Estate Affairs (AREA). He said many developers had delayed launches during ... More About: Property , Outlook , Year , Prop , Pert
KTB targets 10 provinces
2007-09-05 11:20:00 Source: Bangkok Post PROPERTY :Krung Thai Bank will focus on extending housing loans in 10 provinces with a target to reach 16% growth in its mortgage business. The bank is offering a quarter-point off its regular interest rate for the first year, as well as waiving fees and extending 500,000-baht credit limits for hire-purchase contracts with KTC ... More About: General , Vince
Canadian condos on offer
2007-09-05 11:19:00 Kanana Katharangsiporn, Bangkok Post The property brokerage Harrison Plc plans to sell a luxury condominium located in Toronto, Canada this weekend with a sales target of 100 million baht, said managing director Kittisak Jampathippong. Target buyers would be Thai investors and expatriates living in Thailand and the yield would be guaranteed at 8% per year. The project ... More About: General , Canadian , Offer , Adia
Metrostar plans property fund
2007-09-05 11:18:00 By Kanana Katharangsiporn The listed developer Metrostar Prop erty Plc (METRO) plans to sell its serviced apartment building on Sathon Road worth 2.5 billion baht to a property fund with a target yield of 8% per year, according to CEO Veera Buraphachaisri. He said the target yield would be based on an occupancy rate of at least 80%. ... More About: Plans , Fund , Pert
The world?s largest exhibition of overseas property is returning to the NEC
2007-08-31 09:51:00 Source: http://www.aplaceinthesunlive.com If you’re thinking of buying property abroad look no further than the ‘A Place in the Sun Live exhibition’ taking place at the NEC Birmingham, from Friday 28th to Sunday 30th September 2007. A Place in the Sun Live, in association with Moneycorp, is the world’s largest overseas property and lifestyle exhibition. Based on the ... More About: Events , World , Property , The World , Exhibition
Locations as close as possible to the city centre are always a winning bet,
2007-08-30 08:57:00 Source: Bangkok Post The rapid change that Bangkok is undergoing with train lines spreading in many directions might confuse property buyers, but to play it safe it is still best to be located in or close to the heart of the city because this does not change for generations, according to Pritpal Singh Gill, the country ... More About: Locations , City , Close , Centre , Winning
Asia?s second home market
2007-08-30 08:55:00 By Property Report Staff Over the past 30 years South East Asia n countries have been competing against each other to attract more tourists. Tourism plays an important role in the economy in Asian cities and Thailand has been at the forefront for over 10 years now. However, today the focus is not just on quantity but ... More About: Market , Home
Areeya bullish on brand-building
2007-08-24 08:02:00 By Kanana Katharangsiporn As a young player in the property market, Areeya Property Plc has chosen brand building as a significant strategy to expand its business and compete with large, established rivals. ‘’Unlike them [the big players], we’re new and have fewer people. We need to build our brand before fighting with them as a competitor,'’ ... More About: Building , Brand , Bullish
Prinsiri still strong on condos: three more projects planned for next year
2007-08-24 08:01:00 By Somporn Thapanachai The listed developer Prinsiri Plc is still confident in the condominium market with a plan to launch at least three new projects worth a combined five billion baht next year, according to assistant managing director Numchai Wanaphanubeth. Three high-rise projects will be in the Taksin area, about 200 metres from the new BTS station; ... More About: Projects , Strong , Year
Thailand?s high-end projects still have potential despite speculation - loc
2007-08-24 07:59:00 Source: Bangkok Post Amid the worrying signs that Thailand ’s property market may overheat, developers remain optimistic that the high-end market still has momentum, though speculation is becoming a factor. “On our side, we are looking to launch various projects during the second half of the year, especially single detached houses. We do see some oversupply in certain ... More About: Projects , High , Tent , Spit
Property supply and market speculation
2007-08-24 07:58:00 AP chief says slowdown fears overblown Source: Bangkok Post While economic sluggishness and poor consumer confidence are taking a toll on the property sector, Asian Prop erty Plc’s chief executive says that fears of a sharp downturn are overblown. “I do not feel that the market has reached the oversupply stage as the trend toward urbanisation is still very ... More About: Market , Pert , Rope
Sansiri condo sales launched
2007-08-21 09:21:00 Source: Bangkok Post The listed developer Sansiri Plc has launched sales of the 600-million-baht Siri on 8 condominium in Sukhumvit Soi 8 to offer premium units for high-end customers. The eight-storey building, situated on a 418-square-wah plot about 300 metres from the Nana BTS station, would house 74 condominium units sized between 55 and 81 square metres ... More About: Sales , Condo , Launched
Empty-nesters snapping up luxury condos
2007-08-01 13:25:00 ‘Skytrain generation’ driving mass market By Nina Suebsukcharoen, Bangkok Post The luxury sector of the condominium market is seeing a significant change with buildings that are nearing completion attracting Thai empty-nesters. These are people whose children have grown up, married and left home, and who want the convenience of a city-centre location, says James Pitchon, executive director ... More About: Luxury , Ping , Este , Snapping , Empty
B60bn lies in wait to snap up properties in Thailand
More articles from this author:2007-07-26 12:33:00 Office buildings and malls prime targets Despite the ongoing slowdown in the Thai property market, foreign investors are ready to commit up to 50 to 60 billion baht at the earliest signs of recovery, according to the property consulting firm Jones Lang LaSalle. Managing director Suphin Mechuchep says the most attractive picks would be the properties on ... More About: Thailand , Snap , Lies , Properties , Wait 1, 2, 3, 4, 5 |
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