Kanana Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
By Kanana Katharangsiporn on February 25, 2010
Property developer Pace Development Co Ltd sees no threat from political conflict for its luxury MahaNakhon project, targeted at high-end customers with secure purchasing power.
The company expects no political violence to break out in the coming days. But in a worst case Pace believes its target customers – mainly high-net-worth individuals – will simply delay [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
53 )
Website:
http://www.bangkokpost.com/
Posted in Bangkok | Tagged architects, Bangkok, high net worth individuals, political conflict, political uncertainties, property developer, residential units, ritz carlton residences
By Kanana Katharangsiporn on February 18, 2010
Property developers are launching promotional campaigns to lure buyers before stimulus tax breaks expire in March.
Promotional giveaways include one million air miles for Thai Airways International, gold bars and package holidays.
Tax breaks for buyers and developers consist of lowered transfer and mortgage fees to 0.01% from 2% and 1% respectively, and cut the special business [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged kasikornbank, mortgage fees, promotional giveaways, property developers, rental guarantee, siam city bank, variable interest rates
By Kanana Katharangsiporn on January 14, 2010
Thailand should capitalise on the surge in the elderly population in the coming decade through medical and wellness tourism, special packages for retirees and a clearer property ownership structure.
Antony Picon, senior research manager of the property consultant Colliers International Thailand, says concerns over freehold and leasehold ownership for foreigners persist and a more open and [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged baby boomer, baby boomers, elderly population, lease periods, ownership structure
By Kanana Katharangsiporn on December 8, 2009
The Israeli real estate company Industrial Buildings Corporation Ltd (IBC) is optimistic the Thai property market will fully recover by the end of next year, says chief executive Dalit Braun.
Market sentiment has improved since early this year when the company and its Thai partner, Pace Development, formed a joint venture to construct the 14-billion-baht MahaNakorn [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged condominium, condominium units, foreigners, investing in thailand, property market, residential
By Kanana Katharangsiporn on November 26, 2009
The local property market continues to rebound thanks to stable interest rates, improved economic sentiment and stronger consumer confidence, say property developers.
Thongma Vijitpongpun, chief executive of Preuksa Real Estate Plc, the country’s second-largest developer, said the number of units sold in the third quarter increased by 20% over the second after bottoming out in the [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged consumer confidence index, economic sentiment, political crises, property developers, stable interest rates, townhouse projects, upward trend
By Kanana Katharangsiporn on November 16, 2009
Foreign demand for real estate in Phuket and Hua Hin is recovering, says Duangjai Kraus, executive chairman of the property broker Double 8 Realty Co, Ltd, city resale condo market also thriving.
Most inquiries are coming from potential buyers in Europe, said the master licence partner of Engel & Volkers Asia-Pacific Ltd, a Germany-based broker.
Sentiment in [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged beachfront, beachfront villas, condominiums for sale, engel volkers, Hua Hin, khao tao, Phuket, resorts in phuket
By Kanana Katharangsiporn on November 5, 2009
Cash-rich early birds are investing in condominiums for attractive returns at a time of low deposit interest rates, says Kittisak Jumpathippong, chief executive of the property consultant Century 21 Realty Affiliates (Thailand) Co Ltd.
“No business generates higher margins than property,” he said. “The situation now is like in 2000-01 when the country just came out [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged century 21 realty, condominium, investors, new condominiums, property investment, Sukhumvit Road
By Kanana Katharangsiporn on November 3, 2009
After almost two years of stagnation, the SET-listed developer Golden Land Property Development Plc (GOLD) plans to aggressively rebuild brand awareness and diversify into a new lower-priced segment.
Pat Seth, the company’s vice-president for development, said it did well in the luxury housing segment after achieving target sales of one billion baht for low-rise units in [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged beachfront, housing project, leasehold, luxury units, Phuket, Ratchadaphisek, thai companies
By Kanana Katharangsiporn on October 27, 2009
Foreign firms using Thai nominees to hold property should restructure their holdings and seek Thai partners to legalise their investments, said Patima Jeerapaet, chairman of the property committee of the Joint Foreign Chambers of Commerce in Thailand (JFCCT).
The Thai partner should be a “real investor” that will withstand scrutiny by authorities, said Mr Patima, also [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged condominium projects, foreigners, property consultant, provincial governors, tourist destinations
By Kanana Katharangsiporn on October 16, 2009
Fractional ownership of property may not appeal to Thai buyers, due to their unfamiliarity with the concept and the lack of regulation, experts say.
Fractional ownership is common in other countries where property is priced too highly for buyers to own an entire unit, said Phanom Kanjanathiemthao, managing director of property consultant Knight Frank Chartered (Thailand).
But [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged foreigners, fractional ownership, lawyers fees, nominee companies, Phuket, residential units
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