By Asia Property Report on February 3, 2009
With Phuket’s residential market now firmly in the grip of economic downturn, developers must drop their prices in order to attract buyers and ensure a timely recovery, according to some local agents.
Posted in Phuket | Tagged beach, developments, economic downturn, Phuket, political instability, price adjustments, timely recovery, villas
By Somluck Srimalee on November 18, 2008
Developers plan for year ahead with caution; buyers warned to be wary.
Thailand’s property market is expected to shrink by 5 to 10 per cent next year as the country falls under the full impact of the global economy recession and local political uncertainty continues without resolution, property experts say.
According to a survey by The Nation [...]
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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Somluck Srimalee
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Posted in National | Tagged developments, political uncertainty, property developers, property market, residential projects
By CB Richard Ellis on November 17, 2008
Cyclical downturns are nothing new to the realestate industry. In this case, the downturn came earlier than expected, as the financial crisis has hit the global economy, including Thailand.
A benefit of this is that the Thai property market is being slowed before bubbles are allowed to develop. The fact is that the slowdown comes as [...]
About the author
CB Richard
Ellis
CB Richard Ellis Thailand operates throughout Thailand and covers all aspects of Thai Real Estate from offices in Bangkok, Phuket, Pattaya, and Koh Samui.
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http://www.cbre.co.th
Posted in National | Tagged condominiums, developments, investors, prime locations, property market, slowdown
By Somluck Srimalee on October 29, 2008
Thailand’s largest industrial-estate developer, Hemaraj Land and Development, plans to spend Bt20 billion over the next five years on industrial-estate development, property projects and utilities investments.
The company currently has six industrial estates in Chon Buri, Rayong and Saraburi provinces and recently entered the property-development business by launching The Park, a luxury-condominium project in Bangkok’s Chidlom [...]
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.
Other posts by
Somluck Srimalee
(
66 )
Website:
http://www.nationmultimedia.com
Posted in Pattaya | Tagged developments, Eastern Seaboard, global markets, industrial estate, investments, luxury condominium, Rayong
By CB Richard Ellis on October 15, 2008
Thailand’s property market is well insulated from the global financial crisis as it is far less dependent on debt than most property markets, said real estate firm CB Richard Ellis Thailand.
Chairman David Simister, as a longstanding player in Thai real estate and resort property, said Thai politics had been troubled for over three years so [...]
About the author
CB Richard
Ellis
CB Richard Ellis Thailand operates throughout Thailand and covers all aspects of Thai Real Estate from offices in Bangkok, Phuket, Pattaya, and Koh Samui.
Other posts by
CB Richard Ellis
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9 )
Website:
http://www.cbre.co.th
Posted in National | Tagged Bangkok, condominium, developments, high-end, Investment, investors, Koh Samui, Phuket
By Steve Worboys on October 10, 2008
Thailand is at the very heart of Southeast Asia, occupying an area of nearly 200,000 square miles. Thailand is a diverse and beautiful country where the terrain ranges from forested mountains in the north, to rice fields of the central plains and the tropical coastline and sandy beaches of the south.
Thailand is affectionately known [...]
About the author
Steve
Worboys
Steve Worboys is the Managing Director of Experience International and has been involved in property related transactions throughout Europe for the past five years.
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Steve Worboys
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1 )
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Posted in National | Tagged beach, developments, features, foreigners, luxury, Phuket, property investment, property investors, The Beach
By Nina Suebsukcharoen on September 12, 2008
Thailand’s property market is still on the rise and highly competitive. Advertisements for new real estate developments are everywhere, and with them are promises of freebies.
While some projects offer free air-conditioners, televisions and furniture, others promise gyms, swimming pools and even nurseries. Often such promotional gimmicks are not referenced in the purchase agreement. So what [...]
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 advertisements, development, developments, legal tools, property market
By Chankit Trakoolwilai on May 5, 2008
Land prices in Koh Samui are expected to rise between 20 per cent and 30 per cent a year as a number of property firms expand their investment in sectors such as retail, residential-project developments, hotels and
About the author
Chankit
Trakoolwilai
Chankit Trakoolwilai is a journalist with The Nation, Bangkok's independent English language newspaper and specialises in property and real estate areas.
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Chankit Trakoolwilai
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1 )
Website:
http://www.nationmultimedia.com
Posted in Koh Samui | Tagged Conrad Koh Samui Resort & Spa, developments, Dusit Resort Samui, hotels, Intercontinental Resort Samui, Koh Samui, luxury, Park Hyatt Koh Samui, residential, resort, Thailand Estates Corporation
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