Posts Tagged ‘Bangkok’

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 Full story

Thailand's property market remains extremely buoyant despite a number of challenges it faced last year, while continuing to hold enormous potential for accelerated growth. Full story

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. Full story

One inflation-proof investment perhaps worth considering is buying a condominium for rent. With good management and prudent procedures, investing in a condominium and then offering it for rent will generate much higher returns than leaving your money in bank deposits. Full story

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. Full story

The listed developer Sansiri Plc (SIRI) plans to develop 300 units of high-end single houses worth 5.4 billion baht next year with an investment of around 800 million baht for new land plots in the Srinakarin, Ekamai-Rarm Intra and Kallapapruek areas, says Samatcha Promsiri, the company's assistant vice-president for marketing. Full story

Finance and Deputy Prime Minister Surapong Suebwonglee has voiced confidence that the property business will grow markedly in the second half of this year once measures issued to stimulate the sector start to take effect. Full story

Colliers International Thailand anticipates tougher competition in the serviced apartment market and has urged owners and to refocus their marketing strategy, said managing director Patima Jeerapaet. Full story

The 5.25-kilometre stretch from Onnut to Bearing, at the end of Sukhumvit Road where the Skytrain route has been extended, is witnessing high real-estate demand. Many property developers are hastening their efforts in marketing new projects along the route which are expected to attract people looking for a more convenient commute. Full story

Every unit in Sansiri´s latest Bangkok condominium project have been sold out a full five months before construction is scheduled to start. Units in the 31-storey Hive, set to be built on the doorstep of Charoen Nakorn BTS station, started from Bt2.9 million and ranged in size from 40 to 99.5sqm. The development will include a swimming pool, garden, fitness room and concierge service. Full story