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* Home / global economic crisis

global economic crisis

Movement at the High-End of the Market

Movement at the High-End of the Market

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
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.
Other posts by Nina Suebsukcharoen ( 37 )
Website: http://www.bangkokpost.com/

Posted in Bangkok | Tagged foreign buyers, fractional ownership, global economic crisis, Rayong, resort condominium, tropical beach resort | Leave a response

Soi Thonglor defies economic gloom

Soi Thonglor defies economic gloom

By Somluck Srimalee on January 30, 2009

Surrounding the two-kilometre stretch of Soi Thonglor (Sukhumvit 55), between Sukhumvit and Phetchaburi roads, no fewer than seven luxury condominiums with a combined market value of about Bt20 billion are climbing toward their place in the city’s skyline.

About the author

Somluck Srimalee 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 Bangkok | Tagged condominium units, global economic crisis, luxury condominiums, pacific star, Sukhumvit Road, thonglor | Leave a response

Middle-income group will keep buying

Middle-income group will keep buying

By Somluck Srimalee on January 13, 2009

Property firm Supalai is confident of continued growth in demand for houses from middle-income earners, despite the global economic malaise.

About the author

Somluck Srimalee 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 National | Tagged condominiums, detached houses, global economic crisis, home buyers, luxury market, political turmoil, residential projects, tax incentives, tourist sector | Leave a response

Economic woes not the main concern

Economic woes not the main concern

By Somluck Srimalee on January 5, 2009

Sansiri’s president, Srettha Thavisin, is confident in the face of economic gloom – confident mainly in the strength of the managements steering the Thai private sector.

About the author

Somluck Srimalee 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 National | Tagged City Condominium, economic gloom, global economic crisis, property sector, Sansiri, Sukhumvit | Leave a response

TCC to fund all investments via cash flow

TCC to fund all investments via cash flow

By Somluck Srimalee on December 29, 2008

TCC Land, the property arm of beverage tycoon Charoen Sirivadhanabhakdi, will expand its investments, both domestically and overseas, by nearly Bt4.5 billion in the coming year by shifting its focus to retail and hospitality business, deputy chief executive Soammaphat Traisorat said

About the author

Somluck Srimalee 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 National | Tagged global economic crisis, investment budget, luxury condominiums, new projects, TCC Capital Land | Leave a response

Khao Yai Growing at top end

Khao Yai Growing at top end

By Somluck Srimalee on December 25, 2008

Khao Yai, in Nakhon Ratchasima province, adjacent to the national park of the same name, has become a new target for property developers, who are expanding their investments in the area by launching luxury residential developments worth several billion baht

About the author

Somluck Srimalee 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 Bangkok | Tagged foreign investors, global economic crisis, home holiday, kirimaya, luxury development, residential developments | Leave a response

Commercial market slide in office and retail rents has begun

Commercial market slide in office and retail rents has begun

By Somluck Srimalee on December 25, 2008

Three international property agencies expect Bangkok’s rental market to fall by 5 to 10 per cent next year when multinational firms begin to slash spending as their head office operations suffer under the impact of the global economic crisis

About the author

Somluck Srimalee 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 Bangkok | Tagged bangkok office, commercial projects, economic malaise, global economic crisis, occupancy rates, property sectors, retail space | Leave a response

Property market recovery in 2011

Property market recovery in 2011

By Somluck Srimalee on December 22, 2008

Thailand’s property market cannot be expected to recover from the present slump until 2011, according to Aliwassa Pathnadabutr, managing director of international property agency CB Richard Ellis (Thailand).

About the author

Somluck Srimalee 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 National | Tagged CB Richard Ellis, foreign buyers, global economic crisis, luxury condominiums, political instability, resurgence | 1 Response

Supalai upbeat on middle market growth

Supalai upbeat on middle market growth

By Somluck Srimalee on November 27, 2008

Supalai continues to be optimistic about the property market next year and plans to launch 12 residential projects in 2009 with a market value of nearly Bt16 billion, its president, Prateep Tangmatitham, said this week.

About the author

Somluck Srimalee 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 National | Tagged condominiums, global economic crisis, investments, investors, luxury, Supalai, tax incentives | Leave a response

Local equilibrium a healthy sign

Local equilibrium a healthy sign

By Nina Suebsukcharoen on November 23, 2008

Few signs of a US-style property bubble as supply matches demand and pricing is rational.

Asset price inflation and soaring US property prices over the past decade certainly represent one major factor behind today’s global economic crisis.
Could it happen again in Thailand? After all, the 1997 Asian economic crisis offers many parallels to today’s situation, where [...]

About the author

Nina Suebsukcharoen 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.
Other posts by Nina Suebsukcharoen ( 37 )
Website: http://www.bangkokpost.com/

Posted in National | Tagged asian economic crisis, condominium market, condominiums, global economic crisis, political uncertainty | Leave a response

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