Asia Property Report
Asia Property Report is a dedicated newspaper covering all aspects of the property real estate and related industries in Asia
By Asia Property Report on January 25, 2010
Thailand needs clearer regulations and policies to attract more foreign property investment, says George McKay, managing director of Colliers Corporate Services Asia Pacific Region.
“Rules should be rules. Some regulations are not clear enough – like foreign property ownership. Investors want clarity. It builds confidence. Unclearness will obstruct investment,” he said.
As the Thai government aims to [...]
Posted in National | Tagged asia pacific region, Colliers International, property investment, property ownership, thai government
By Asia Property Report on January 21, 2010
The entire property market except the industrial sector and serviced apartments is showing signs of recovery as the political situation, the government’s stability and policies to promote foreign investment are helping revive foreign demand.
Aliwassa Pathnadabutr, managing director of the property consultant CB Richard Ellis Thailand, said 2010 had begun with better market sentiment. The improving [...]
Posted in National | Tagged CB Richard Ellis, foreign investment, foreign investors, global economic outlook, political situation, serviced apartments, thai politics
By Asia Property Report on January 13, 2010
Rental rates in Bangkok´s condominium market are expected to face continued pressure during 2010 as more new units come onto the market.
Research from DTZ showed that during the final quarter of 2009, six projects with 1,408 units were launched within the Central Business District of the Thai capital. The total number of launches in 2009 [...]
Posted in Bangkok | Tagged central business district, condominium market, condominiums, political situation, rents, serviced apartment
By Asia Property Report on October 21, 2009
While rental yields may seem moderate in the current economic climate, continued low interest rates are likely to ensure market stability as property remains the favoured investment.
Interest rates play a complex role in the property market. On the one hand, they help set the price of property by dictating the affordability of mortgage repayments. On [...]
Posted in National | Tagged economic climate, jones lang lasalle, low interest rates, property investments, property ownership, rents, residential projects
By Asia Property Report on October 16, 2009
Already popular in more developed markets, the trend towards fractional ownership is growing in Phuket, and in the current economic downturn, it offers opportunities to enjoy luxury products that might otherwise be out of reach. Bill Barnett traces the emergence of the fractional phenomena.
Legally speaking, Thailand does have consumer laws which address timeshare and vacation [...]
Posted in National | Tagged fractional ownership, holiday destination, leasehold, Phuket, residence clubs, Royal Phuket Marina, Scandinavia
By Asia Property Report on August 18, 2009
Publicly-listed Thai condominium developer, Raimon Land PLC recently released their latest condominium research – Condominium Focus Thailand. Focusing primarily on Bangkok and Pattaya, there is no research on resorts markets such as Phuket as there has been in the past, presumably due to Raimon Land´s The Heights Phuket condominium development having been finished.
Posted in National | Tagged condominium projects, condominiums, investors, lumpini, Raimon Land, resort, Silom, Sukhumvit
By Asia Property Report on August 14, 2009
Italthai has announced the launch of its exclusive residential project, Oriental Residence, on Wireless Road. Due to be completed by the end of 2010, the project will offer a new dimension to the area with a 32-storey condominium overlooking the Amercan and Dutch Embassies.
Posted in Bangkok | Tagged condominium units, Oriental Residence, serviced apartments, Wireless Road
By Asia Property Report on July 21, 2009
Pattaya has an image problem. Conventional wisdom holds that the seaside city is a uniformly unsavory red-light destination, one that’s far from family-friendly and somewhat at odds with up-scale real estate development.
Posted in Pattaya | Tagged feature, foreigners, high-end, Jomtien, Northshore, Pattaya, Raimon Land
By Asia Property Report on April 9, 2009
Residential projects that are worth more than Bt10 billion in resort destinations like Phuket, Krabi, Hua Hin, Pattaya and Koh Samui have been put on hold now that demand from foreign investors is showing a significant drop since last year.
Posted in National | Tagged Bangkok, CB Richard Ellis, Colliers International Thailand, foreign investors, Hua Hin, Koh Samui, Pattaya, Phuket, tourist numbers
By Asia Property Report on March 31, 2009
International property agency Knight Frank Chartered (Thailand) has set aside a Bt50 million budget for an aggressive marketing campaign to boost sales and achieve a target of between Bt2.5 – Bt3 billion. The plan follows a tough period which has seen a drop in both domestic and foreign buying.
Posted in National | Tagged Bangkok, Boathouse, Hua Hin, Jomtien, Rayong, residential projects, Siam Paragon, Supalai
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