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Reaching for the sky: Minor plans Bt4-bn hotel and Residence
2007-07-26 12:32:00
Source: The Nation Up-market hotel developer and restaurant company Minor International has announced details of what it says will be one of Bangkok’s most exclusive hotels and Thailand’s most expensive condominium, the St Regis Hotel and Residence Bangkok, on Rajdamri Road. The properties are collectively worth Bt4 billion, and although they will not open until 2010, the ...
More About: Plans

Investor interest to pick up
2007-07-20 09:23:00
A considerable amount of property buyers and investors have returned back to the Thai market this month and more transactions are expected in the second half of the year, according to Aliwassa Pathnadabutr, Magaing Director of the property consulting firm CB Richard Ellis. “This will be true if the government can keep the situation without violence ...
More About: Investor , Interest , Pick , Eres

Bangkok?s condo market
2007-07-20 09:22:00
By Dawn Ferguson In the overall scheme of things, Bangkok ´s high-end condominium market represents little more than a drop in the bucket of the city´s complete real estate make-up, which features an endless stream of housing developments, townhouses, self-built homes and low- to mid-range condo developments. But from the perspective of foreign expatriates and regional investors, high-end ...
More About: Market , Condo

Bangkok named third World?s Best City
2007-07-20 09:20:00
Source: The Nation - breaking news Bangkok is ranked the third World ’s Best City , according to Travel + Leisure Magazine’s readers’ survey for the year 2007. It is after Florence in Italy which has held the No.1 position for two consecutive years and Buenos Aires in Argentina which this year enjoys the highest ranking ever. Travel + Leisure’s ...
More About: Events , Third World

Condos near mass transit still in demand; REIC sees no signs of a property
2007-07-16 09:48:00
Source: Bkk Post Condominiums near Skytrain and subway lines are unlikely to reach the point of oversupply as the average take up rate remains strong, said Samma Kietsin, the director of the Real Estate Information Centre (REIC). He said the current supply has not reached crisis point despite the launch of a large number of condominiums near ...
More About: Property , Signs , Mass , Sees , Demand

Fancy a tax haven? Better do your homework
2007-07-10 08:34:00
Source: Bangkok Post/Lawalliance Limited The infamous tax cases involving the ex-premier’s family have given a few tax-haven countries a bad name in Thailand. Compounded by the uproar of dissatisfaction from the Revenue Department last week, it is not an overstatement that, in the near future, using a tax haven country could cause a problem to a ...
More About: Homework , Legal , Haven , Ework , Fancy

Foreign investors unfazed by Thailand?s problems
2007-07-10 08:31:00
Source: International Herald Tribune BANGKOK: The one remaining three-bedroom apartment at The Park, a luxury condominium complex under construction in the heart of Bangkok, goes for $1 million. How about a discount, given the concerns about political stability in Thailand ? “We have no discounts - the price is fixed,” said Kanokrak Rerksopist, a saleswoman, as she showed ...
More About: Problems , Foreign , Investors , Fore

Is there real money in virtual real estate?
2007-06-26 13:28:00
By Christopher Solomon, MSN If you’ve never heard of the land baroness Anshe Chung, maybe that’s because Chung only exists in the virtual reality game Second Life. Chung, or rather, her real-life counterpart, Ailin Graef, has gained attention - and a BusinessWeek cover - as the first person to reportedly become a real-world millionaire from her ...
More About: Estate , Money , Real Estate , General , Virtual