Many developers in Thailand are holding back on development of certain properties due to the financial results of Thailand’s top 10 stock exchange listed property companies. The results showed growth in the third quarter. The better than expected financial result is not the only reason for delays. Developers are also awaiting the changes to labour […]
Real-estate firm points to increased land, construction, labour costs Real-estate services firm Jones Lang LaSalle believes that prices for top-end condominium units in Bangkok will rise further, despite strong competition. This is because developers are well capitalised and remain confident that rising development costs and product quality justify the higher prices. Although foreign interest has […]
While the luxury real-estate market in Bangkok has fallen for the second quarter of this year due to the global market turmoil, the recent extension of the Thai capital’s skytrain lines is opening new investment options for expats. The market jitters and fears of a looming ‘double dip’ have fueled a trend to ditch the […]
The youth of Bangkok have a preference for living in condominiums over other types of residential developments, and are willing to dip into their pockets to hand over up to THB2 million per unit, according to a survey by Plus Property Co. The research revealed that condominiums were in demand for 19-26 year olds, but […]
Of all the real estate agents I have met over the years, Alastair Hughes, Jones Lang LaSalle’s CEO for Asia-Pacific, appears the most forthright and best informed about fast changing events reshaping global markets. Confessing that “even the experts have difficulty in predicting what would happen in the next six months”, he fears that that […]
While stock markets the world over continue their bearish ways, real estate is becoming an increasingly attractive form of investment. In Asia, the market has seen major growth recently, and industry experts anticipate the expansion to continue into the future, according to Property Wire.
Six-figure homes will sell like hotcakes after the Bt15,000 salary policy is implemented.”This will create a new market for residential projects priced up to Bt1 million,” Opas Sripayak, managing director of LPN Development, said yesterday.
Foreign and Thai buyers alike are flocking to the beaches of Pattaya, snapping up condominiums and giving the local real estate market a needed boost. As the closest beach to the capital of Bangkok and boasting top of the line amenities, the beachside city will only continue to grow in the near future, according to […]
The property market will benefit from political stability and the government’s policy of boosting demand in the first-home market in the second half of this year, according to property experts.
The real estate market in Thailand is looking up, with markets in Bangkok and resort areas expected to see the biggest boom, according to recent research from real estate developer Knight Frank.
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