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Bright future foreseen as more projects start to emerge.
Three branded developments and a successful condominium project have propelled Samui to the high-end realm of the market while still maintaining its boutique appeal, says David Simister, chairman of CB Richard Ellis Thailand.
This significant change, which started about 10 years ago with enterprising individuals undertaking private villa [...]
Product diversification gives firm an edge
Opinions vary on the impact that Thailand’s protracted political turmoil has had on the real estate industry, depending on which property company one asks. Ask Supalai Plc, which posted very good results in the first three quarters of this year, and you’ll hear that the fallout appears to have been [...]
Low- and mid-priced segments still healthy
Of the two storms currently hitting Thailand’s property market, local political unrest has had a far greater impact than the global economic panic because most of the buyers are Thais who are affected more by events within their own country, according to Apisit Limlomwongse, managing director of Nexus Property Consultants.
People [...]
Developers pursuing visions of expanding Phuket’s property market into neighbouring Phangnga and Krabi have run into regulatory problems that impede large hotel developments in Phangnga, says Ramesh K. Hamal, CEO of Green Heritage Group, the developer and marketer of the Serenity Terraces project on the island.
The drumbeat to create a Greater Phuket encompassing the other [...]
A single page of reports from Thailand’s seaside resort of Pattaya made grim reading in a recent edition of the local newspaper. A one-legged Finnish lawyer was stabbed to death when he caught his mistress’s real boyfriend robbing his apartment. A scantily clad Thai woman, with an Englishman riding pillion, was knocked off a motorbike [...]
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 [...]
Is now a good time to be investing in property?
Ask a real estate agent when the best time to buy a property is and the humorous response is likely to be “anytime, but preferably in the next 20 minutes”.
With the global financial markets in such disarray, lending seizing up between banks and institutions and general [...]
The Phuket property market is expected to show strong growth despite political instability and slower economic growth in Thailand, research by property agencies showed.
Prime Nature Group Co Ltd plans to develop a low-rise condominium and 23 pool villas worth a combined 800 million baht to tap strong demand in Hua Hin
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.