Somluck Srimalee
Phuket market stays resilient despite turmoil
The Phuket property market is expected to show strong growth despite political instability and slower economic growth in Thailand, research by property agencies showed.
Firms build land banks as owners drop prices
Thailand’s leading property companies have started to accumulate plots from landowners as well as small- and medium-sized developers at prices that are 10 to 15 per cent lower than last year’s.
Siam zokai gets aggressive on expansion plan
Siam Zokai, the property arm of Saha Group, has set aside an investment budget of about Bt5 billion for the development of property projects worth Bt7.6 billion in Bangkok, Phuket and Chiang Mai
Luxury properties go on show
A total of 24 luxury residential projects with 7,000 units worth up to Bt60 billion in Bangkok and tourist destinations Hua Hin, Rayong, Pattaya, Phuket have joined the Siam Paragon Luxury Property Showcase running until May 18 at Siam Paragon.
Real estate scores over bank deposits
At a time when fixed deposits earn interest at only 2.5 per cent, property companies and agencies suggest buying residential property located close to the mass-transit system
Tourism drives boom time
Strong demand for luxury residential properties in Phuket has driven the resale price up 100 per cent between 2004 and now, Surin Hill Development’s deputy managing director Wanwipa Horbut said.
