THIS WILL BE a year of challenges, change, and opportunities for many sectors of the Bangkok condominium market For the downtown market, the challenge in 2019 will be matching a new product with real demand. Rapidly spiking land prices have meant that development costs and asking prices for new projects have continued to increase. Purchasing […]
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The condominium market in Bangkok in 2018 set a record for the most new project launches in 10 years, with some 65,000 units entering the market, an increase of 11% from 2017. As a result, the cumulative supply of condominiums in the capital from 2009 to 2018 has reached around 500,000 units. Research by Knight […]
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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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New zoning laws are purported to make Bangkok more dense and improve utilization With hardly an inch of earth left to maximize land use and public utilities, there is still a plan to transform bustling Bangkok through inclusive development. City planners and property developers hope the new Bangkok city plan, scheduled to be applied from […]
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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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Overseas property developers are actively seeking opportunities in Thai residential real estate market. Every year the number of overseas property developers entering Thailand has been constantly growing. Referring to a period before the 1997 regional economic crisis, Japanese, Taiwanese and Singaporean developers were mostly investing in industrial estates, especially in the Eastern Seaboard provinces of Thailand. […]
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People who rent out their rooms via Airbnb on a daily or weekly basis are acting illegally, according to a recent court ruling handed down to the Wan Vayla Condo in Hua Hin district of Prachuap Khiri Khan province. The court ruled that people renting out their rooms have not obtained a licence to run […]
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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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The outlook for the Thai economy in 2018 appears positive, based on trends that we saw emerging in the second half of last year. Most property developers have announced investment plans that feature higher revenue targets compared with last year. Available information so far shows that listed developers plan to launch about 400 billion baht […]
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For many people around the world, an extended vacation to Thailand is a dream come true. Many American expats have fared well with long trips to the country where they can enjoy traveling from one hot tourist spot to another. For some, just a little relaxation off the beaten path in a quiet province where […]
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