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.
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Kanana Katharangsiporn
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http://www.bangkokpost.com/
Posted in National | Tagged kasikornbank, mortgage fees, promotional giveaways, property developers, rental guarantee, siam city bank, variable interest rates
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 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 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 the [...]
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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Posted in National | Tagged condominiums, overseas investors, political instability, political risk, stimulus packages, 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 greater [...]
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Greg
Lowe
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Posted in National | Tagged financial restructuring, 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, said [...]
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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Nina Suebsukcharoen
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Posted in National | Tagged foreigners, new condominiums, new developments, property projects, thai tourism
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 Greg Lowe on December 1, 2009
Preventing foreigners from owning land and property in Thailand does many things: it protects powerful Thai landlords and agricultural monopolies, forces overseas investors to consider setting up shop in other regional markets, drives Thai capital from the country and provides a pool of nationalist bile for tub-thumping politicians to draw on and whip up a [...]
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Lowe
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Posted in National | Tagged business act, economic and social development, economic crisis, fba, land act, overseas investors
By Somluck Srimalee on December 1, 2009
Prime Nature Group may face hard times after its chairwoman, Sunattee Nerng-chamnong, was shot dead on Sunday, real estate industry sources said yesterday.
The residential development firm was managed by “Khun Sunattee” herself, a source said. Her two daughters and son are still young, a property expert said.
The company launched two upscale residential projects in 2006 [...]
About the author
Somluck
Srimalee
Somluck Srimalee is a journalist with The Nation, Bangkok's independent English language newspaper and specialises in the property and real estate sectors.
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Posted in National | Tagged global recession, hua hin beach, Prime Nature Group, residential projects, Sunattee Nerng-chamnong
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