jones lang lasalle

Jones Lang LaSalle To Manage The New Pelican in Krabi
www.phuketgazette.net

Jones Lang LaSalle (JLS) has announced that it has entered into an agreement to manage The Pelican Krabi, a prime resort development by Perry Group International. The agreement is JLS’s first property management contract in Krabi and marks the fast growth of the firm’s property management business in Thailand

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Recovery of property sector hinges on stability
www.thailandrealestatemagazine.com

The Thai property sector has seen only marginal growth during the political crisis of the last six years, and while domestic and international economic realities always play a large role in shaping the property market, the situation in Thailand is truly remarkable. A new government that could bring true stability would be an important first […]

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Pattaya luring more and more Thai developers
www.thailandrealestatemagazine.com

The Pattaya, Thailand property market is growing in popularity and more big developers are expanding their investments in the area, The Nation newspaper has reported. Listed developer LPN Development is a new name in the resort town market. The company recently launched its first condominium project in Pattaya called Lumpini Condotown North Pattaya-Sukhumvit, a THB1.2 […]

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Baht strength unlikely to hurt real estate in the short term
www.thailandrealestatemagazine.com

The Thailand division of property services firm Jones Lang LaSalle has pointed out a growing concern over the potential negative impact of the Thai baht’s appreciation on the country’s real estate sector. According to Jones Lang LaSalle Thailand’s managing director Suphin Mechuchep, sectors including Bangkok high-end condominiums and resort properties in key holiday destinations like […]

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Bangkok property sales strong despite political unrest
www.thailandrealestatemagazine.com

Investments in Bangkok’s property sector were robust in the first half of 2010 despite protests that paralyzed parts of the capital and ended in a looting and arson rampage, a leading property broker said Tuesday. “For the past six months, investment activity in the Bangkok property market was buoyant,” said Umpon Thepnumsommanus, director of investment […]

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Thai property compared to other investment options
www.thailandrealestatemagazine.com

While rental yields may seem moderate in the current economic climate, continued low interest rates are likely to ensure market stability as property remains the favoured investment. Interest rates play a complex role in the property market. On the one hand, they help set the price of property by dictating the affordability of mortgage repayments. […]

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www.thailandrealestatemagazine.com

While economic difficulties are affecting many aspects of the property industry, Bangkok’s rental-house business is growing rapidly, because among other things, it generates high returns on investment.

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Expectations of an upturn in Phuket have been pushed back to 2010
www.thailandrealestatemagazine.com

Property players in Phuket are acknowledging the impact of fresh political turmoil in Thailand and the global recession and downgrading their expectations of a recovery from the third and fourth quarters of this year to 2010.

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Foreigners shun new property
www.thailandrealestatemagazine.com

New investment in Thailand this year will come mainly from local investors as foreigners might focus on their current holdings and on their home countries, according to the international real estate firm Jones Lang LaSalle (JLL).

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1997-style price plunge not likely
www.thailandrealestatemagazine.com

Thai real estate prices will not tumble as they did in the post-1997 economic crisis period as there will be no forced sales, says Suphin Mechuchep, managing director of property consultant Jones Lang LaSalle (Thailand).

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Property sector likely more active in latter half of 2008
www.thailandrealestatemagazine.com

The Thai government’s economic stimulus package is expected to help boost property trading activities in the second half of this year

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