By Asia Property Report on June 9, 2010
The President of Thailand’s Agency for Real Estate Affairs has warned against the possible formation of a bubble in the kingdom’s property market. Dr. Sopon Pornchokchai expressed his opinion that, during 2011-2012, a bubble could form because of rapid construction of low-priced housing as developers rush to take part in the county’s Board of Investment [...]
Posted in National | Tagged new homes, Property bubble, royal thai government, Sopon Pornchokchai |
By Kanana Katharangsiporn on May 25, 2010
Weak currencies add to impact of bloodshed Foreign demand for Thai property will likely plummet due to the tragic ending of anti-government rallies in Bangkok last week which cost scores of lives and led to widespread rioting throughout the capital, real estate consultants say. Patima Jeerapaet, managing director of property consultant Colliers International Thailand, said [...]
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.
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Kanana Katharangsiporn
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Posted in National | Tagged CB Richard Ellis, foreign investors, residential market |
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 [...]
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
(
56 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged kasikornbank, property developers, siam city bank |
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 [...]
Posted in National | Tagged asia pacific region, Colliers International, property investment |
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 [...]
Posted in National | Tagged CB Richard Ellis, foreign investors, political situation |
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 [...]
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
(
56 )
Website:
http://www.bangkokpost.com/
Posted in National |
By Nina Suebsukcharoen on January 7, 2010
The property market should improve this year due to progress on new mass transit routes and greater capital flows, but mitigating political risk will remain a key factor in ensuring a smooth recovery, says the Real Estate Information Center (REIC). The strength of East Asia’s economy in part buoyed the Thai economy last year, helping [...]
About the author
Nina
Suebsukcharoen
Nina Suebsukcharoen is a senior journalist with The Bangkok Post, Thailand’s first English language newspaper and specialises in the property and real estate sector.
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37 )
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Posted in National | Tagged overseas investors, political instability, thai economy |
By Greg Lowe on December 26, 2009
The listed developer Raimon Land will continue building luxury condominiums but with a new focus on larger projects and Thai buyers, a shift from its previous focus on foreigners, says chief executive Hubert Viriot. The previously troubled company has almost completed a financial restructuring, resolved its “internal issues” and is ready to move forward with [...]
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Posted in National | Tagged foreigners, luxury condominiums, Nigel Cornick, Raimon Land |
By Nina Suebsukcharoen on December 20, 2009
Heightened demand is likely to follow last year’s slowdown which saw the addition of only around 10,000 new units in the capital. As many property developers have cautiously reduced project launches this year, the pace of new developments is likely to pick up in the new year because they now have few units to offer, [...]
About the author
Nina
Suebsukcharoen
Nina Suebsukcharoen is a senior journalist with The Bangkok Post, Thailand’s first English language newspaper and specialises in the property and real estate sector.
Other posts by
Nina Suebsukcharoen
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37 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged foreigners |
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 [...]
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
(
56 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged condominium, foreigners, investing in thailand, property market, residential |
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