Despite political tumult which has rocked Thailand ‘s stock market, Bangkok property prices have continued to rise. A shortage of freehold property, coupled with favorable tax changes and strong resale potential, have been propelling the property market. Land prices in central Bangkok have increased by 88% since 2007 and the…Continue reading
Siam Commercial Bank has provided a Bt3 billion fund to Land & Houses’ “Terminal 21″ shopping and serviced apartment project near the Asoke-Sukhumvit intersection. “With its location at the Asoke-Sukhumvit 21 Intersection, one of the most sought-after areas in central Bangkok, we are confident that the project will attract interest…Continue reading
The average price being paid for a condominium unit in the Central Lumpini area is now Bt112,765 per square metre, ranking higher than other popular locations in central Bangkok, according to real-estate firm CB Richard Ellis Thailand. Continue reading
Preuksa Real Estate Plc (PS), the country’s second-largest developer, planned to launch a high-end condominium project worth one billion baht next week in Yaowarat area to tap wealthy ethnic Chinese families, said chief business executive Prasert Taedullayasatit. Continue reading
Narai Phand site to be redeveloped. The American property billionaire Donald Trump will join in the investment and development of a new luxury retail plaza with Gaysorn Group on the four-rai plot that used to house the Narai Phand handicraft centre in central Bangkok. An industry source said Mr Trump…Continue reading
Anyone thinking of selling a condominium should do so soon because prices are likely to drop in six to 12 months due to political uncertainty and oversupply, says Ian Soo Continue reading