Bangkok Condo market pace accelerates New unit launches surge in third quarter but developers sticking to tried-and-true areas. Surachet Kongcheep – a local property market expert. The third quarter of 2018 was the busiest in more than three years for the Bangkok condominium market, with 23,559 units launched, 180% more than in the previous quarter. Some […]
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A SLEW of residential projects, comprised of single-detached houses, townhouses and condominiums will be launched in the Bangkok property market during the second half of the year, catering to the middle and upper-income homebuyers with unit prices of more than Bt2 million each. A survey by The Nation finds that 25 listed and non-listed property […]
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THE property market is expected to expand at least 5 per cent this year, according to the consensus from the listed developers that have posted double-digit growth for the first quarter compared with the year-earlier period. Nine of the 11 developers that have announced their first-quarter results reported strong gains in net profit from the […]
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Drive past Sukhumvit-Asoke intersection and you may notice a new billboard has come up in the past few days advertising a special discount for buyers of a high-end condominium project on Sathon Road that until recently was being touted as having been 100% sold out. One would be forgiven if they thought that this was […]
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Highlights The Bangkok condominium sector in 1H 2017 showed positive growth adversely to recent market concern about possible oversupply situation. Total number of new supply in 1H 2017 increased 39% to 30,493 units compared to 21,927 units in 1H 2016. On demand front, there were 27,275 condos sold in the first half of 2017, up […]
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It’s not a secret that Thailand’s real estate market is far less regulated than most Western countries, and even some Asian regions. That is why it’s important for property investors to rely on a credible third party with global reputation and expertise in the Thai property marketplace. RE/MAX CondoDee has established and created PhuketLux with […]
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We all look for great rental yield when we purchase property as an investment so Rental Yield Guarantee Programs are perfect for just that as you will receive rental yield per year guaranteed without having to do anything. Here are the main factors to consider when choosing Rental Yield Guarantee Programs for Investors in Phuket. Well-Established Management Team Please check that well-established management […]
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Property Ownership in Thailand in general, and in Phuket specifically, is efficient and easy to understand. Every project will have a percentage quota for Freehold and Leasehold: at least 51% of the project will have to be owned in Leasehold Ownership or by Thai citizens; remaining (up to maximum of 49%) of the project can […]
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Invest in Phuket Phuket’s beaches are hugely popular with tourists, expatriates, locals and retirees. The family friendly Rawai Beach is famous for its fish market and seafood restaurants while Nai Harn beach is more suited for swimming or walks around the lake. A few miles north are the wonderful beaches of Kata and Karon. Also, […]
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