By Kanana Katharangsiporn on September 9, 2009
But segments for foreigners still suffer.
The outlook for the local property market is bright for the rest of the year but remains dim for segments targeting foreigners, according to property developers, experts and agencies.
Atip Bijanonda, president of the Thai Condominium Association, said the condominium market would boom in the last four months of the year [...]
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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Posted in National | Tagged condominium market, foreign buyers, Investment, Phuket, property market, property tax incentives
By Nina Suebsukcharoen on June 21, 2009
Mr Neilsen perceives the outlook for the Bangkok market to be very mixed, with demand being very weak at the moment while there is overcapacity.
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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37 )
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Posted in Bangkok | Tagged foreign buyers, fractional ownership, global economic crisis, Rayong, resort condominium, tropical beach resort
By Kanana Katharangsiporn on June 20, 2009
The government should see Phuket’s tourism and property slump as a chance to improve the island’s infrastructure as well as restore foreigners’ confidence, hit by the closure of Phuket’s airport by protesters late last year, say local developers.
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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53 )
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http://www.bangkokpost.com/
Posted in Phuket | Tagged airport closure, foreign buyers, infrastructure, new roads, Phuket, phuket real estate, tourism business
By Kanana Katharangsiporn on April 17, 2009
Foreign demand for Thai property will collapse in the aftermath of the Songkran protests, property experts say. They say the government needs to implement measures to spur foreign demand, such as increasing maximum lease terms, having 100% foreign ownership zones for condominiums, providing financial support for foreign buyers, and issuing longer visas.
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
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53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged Bangkok, beachfront, Colliers International, foreign buyers, foreign ownership, Hua Hin, Koh Samui, lease terms, leasehold, Pattaya, Phuket, political turmoil, scandinavians
By Somluck Srimalee on March 24, 2009
uxury residential and villa projects in Hua Hin have begun aggressive marketing campaigns following a 30-per-cent drop in buyers – both domestic and foreign – in the first quarter of this year, compared with the first quarter of 2008.
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 Hua Hin | Tagged Boathouse, condominium, foreign buyers, Hua Hin, luxury, luxury condominium, marketing campaigns, residential projects
By Asia Property Report on March 9, 2009
Despite the economic recession, Chotipol Techakraisri, managing director|of the high-end Saladaeng Residences, remains cautiously upbeat. After all, the very, very rich need to invest somewhere, he reasons Chotipol Techakraisri, managing director of the high-end Saladaeng Residences project in Bangkok’s central business district, has a challenging task on hand: selling expensive property during an economic recession.
Posted in Bangkok | Tagged central business district, condo, economic recession, foreign buyers, investments, residential product, residential project, ritz carlton, saladaeng
By Asia Property Report on March 6, 2009
Leading Phuket luxury property developer Surin Hill Development Company, recently launched ‘The Quarter Condominium’ an exclusive seaview condominium on Surin Beach in Phuket, Thailand.
Posted in Phuket | Tagged condominium units, foreign buyers, laguna phuket, Luxury Property, luxury resorts, Phuket, phuket golf, Surin Hill
By Kanana Katharangsiporn on February 3, 2009
The government should keep using measures to stimulate the economy, relax some rules that prevent real estate growth and resolve non-performing loans (NPLs) among low-income earners, property experts suggest. The latest measure allowing home buyers to deduct 300,000 baht of mortgage principal from taxable income has already lifted consumer sentiment in some segments.
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
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53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged foreign buyers, government measures, investments, low interest rates, property experts, real estate information, taxable income, tourism industry
By Nina Suebsukcharoen on January 25, 2009
Thailand’s resort markets are under severe pressure right now, with foreign buyers who have been negatively affected by the exchange rates opting to walk away from the deposits, says Phil Alexander, president of Martello Realty.
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 central business district, condominium market, foreign buyers, Koh Samui, Pattaya, resort areas, resort markets
By Nigel Cornick on January 14, 2009
Foreign demand for condominiums in Thailand looks set to fall further this year, and that, along with unsold units carried over from last year, will put pressure on developers to delay existing and new plans, Raimon Land said on Wednesday.
About the author
Nigel
Cornick
Nigel Cornick is the Executive Director and CEO of Raimon Land, a highly successful public company focused on developing premium residential property in Bangkok and Thai resort destinations.
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7 )
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Posted in National | Tagged condominiums, foreign buyers, political situation, projects, Raimon Land, tourist destinations
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