Archive for February, 2009

Avoiding Property Emergencies – Part II

Avoiding Property Emergencies - Part II
Last week we emphasised the importance of finding out everything you can about property before you buy. Full story

Avoiding Property Emergencies

Avoiding Property Emergencies
Because of some of the problems that have come up lately it has become apparent to us that some simple rules need to be conveyed to anyone considering purchasing property. Full story

Development unabated at Cha-am and Hua Hin

Development unabated at Cha-am and Hua Hin
Land prices in the burgeoning beachside locations of Cha-am and Hua Hin, in adjoining Phetchaburi and Prachuap Khiri Khan provinces, continue to rise at an annual rate of between 5 and 10 per cent, despite the sluggishness blanketing much of Thailand's property market Full story

Bangkok’s commercial office market is facing contrasting dynamics

Bangkok’s commercial office market is facing contrasting dynamics
Bangkok’s commercial office market is facing contrasting dynamics; while the overall supply and demand profile is positive, the wider economic outlook means that any optimism is largely unjustified. Full story

Is it time for a Correction in the Phuket Property Market?

Is it time for a Correction in the Phuket Property Market?
On 3rd February 2009 an article appeared in Property Report Asia which claimed Phuket property experts were saying that Phuket residential real estate is overpriced. It transpired, on reading the article, that there was little substance for this apart from the comments made by one estate agent. As it was obvious that this article had been badly researched and lacked any substantial evidence we decided to launch ... Full story

Developers propose steady flow of economic measures

Developers propose steady flow of economic measures
The government should keep using measures to stimulate the economy, relax some rules that prevent real estate growth and resolve non-performing loans (NPLs) among low-income earners, property experts suggest. The latest measure allowing home buyers to deduct 300,000 baht of mortgage principal from taxable income has already lifted consumer sentiment in some segments. Full story

Wide gap between price expectations in property

Wide gap between price expectations in property
Despite continued interest and more properties up for sale, investment activity in the Bangkok property market has been subdued as there remains a wide gap between buyers' and sellers' expectations, according to Jones Lang LaSalle, a professional services firm specialising in real estate. Full story

Property experts urge targeted stimulus measures

Property experts urge targeted stimulus measures
Property experts have urged the government to launch further measures to drive the market by attracting more foreign investors and boosting the low-income segment, following the tax allowances announced for the sector on January 20 Full story

Is Phuket property overpriced?

Is Phuket property overpriced?
With Phuket’s residential market now firmly in the grip of economic downturn, developers must drop their prices in order to attract buyers and ensure a timely recovery, according to some local agents. Full story
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