leasehold

Golden Land eyes lower-priced market

By Kanana Katharangsiporn on November 3, 2009

After almost two years of stagnation, the SET-listed developer Golden Land Property Development Plc (GOLD) plans to aggressively rebuild brand awareness and diversify into a new lower-priced segment.
Pat Seth, the company’s vice-president for development, said it did well in the luxury housing segment after achieving target sales of one billion baht for low-rise units in [...]

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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 ( 53 )
Website: http://www.bangkokpost.com/

Posted in National | Tagged beachfront, housing project, leasehold, luxury units, Phuket, Ratchadaphisek, thai companies | Leave a response

The Ins and Outs of Alternative Ownership in Thailand

By Asia Property Report on October 16, 2009

Already popular in more developed markets, the trend towards fractional ownership is growing in Phuket, and in the current economic downturn, it offers opportunities to enjoy luxury products that might otherwise be out of reach. Bill Barnett traces the emergence of the fractional phenomena.
Legally speaking, Thailand does have consumer laws which address timeshare and vacation [...]

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Asia Property Report
Asia Property Report is a dedicated newspaper covering all aspects of the property real estate and related industries in Asia
Other posts by Asia Property Report ( 26 )
Website: http://www.property-report.com

Posted in National | Tagged fractional ownership, holiday destination, leasehold, Phuket, residence clubs, Royal Phuket Marina, Scandinavia | Leave a response

Pace and IBC place massive bet on luxury

By Kanana Katharangsiporn on July 24, 2009

Manakhon will be the tallest building in Thailand. The two joint-venture firms hold the hotel and retail assets of MahaNakhon, a luxury mixed-use project located on a nine-rai leasehold site near the Chong Nonsi BTS station in Bangkok, said Sorapoj Techakraisri, chief executive of Pace.

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Posted in Bangkok | Tagged Bangkok, BTS, chong nonsi, development, leasehold, luxury, ritz carlton, tallest building | Leave a response

Ways sought to win back foreign buyers

By Kanana Katharangsiporn on June 15, 2009

Increased government scrutiny of land purchases by foreigners will hurt investment in all types of property, says Patima Jeerapaet, managing director of the property agency Colliers International Thailand.

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Posted in National | Tagged Colliers International Thailand, condominiums, foreign investors, government scrutiny, leasehold, residential sector | Leave a response

Foreign property demand could fall 50%

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.

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Posted in National | Tagged Bangkok, beachfront, Colliers International, foreign buyers, foreign ownership, Hua Hin, Koh Samui, lease terms, leasehold, Pattaya, Phuket, political turmoil, scandinavians | Leave a response

1997-style price plunge not likely

By Kanana Katharangsiporn on January 5, 2009

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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Posted in National | Tagged construction costs, economic crisis, investors, jones lang lasalle, leasehold, real estate investment | Leave a response

Wealthy buyers put plans on hold

By Nina Suebsukcharoen on September 16, 2008

The country’s protracted political turmoil has had a negative impact on the luxury property market as investors and buyers hesitate to make decisions, says a broker who specialises in marketing high-end residences in Hua Hin, mainly to foreigners.
”[The property market in Hua Hin] has been so quiet [since the political problems intensified],” said Duangjai Kraus, [...]

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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 Hua Hin | Tagged condominiums, developers, foreign buyers, high-end, Hua Hin, Investment, leasehold, Raimon Land | Leave a response

Hua Hin developers urged to adjust plans

By Kanana Katharangsiporn on May 19, 2008

Property developers in Hua Hin need to adjust their projects to meet market demand and stricter regulations on the use of local nominees by foreign buyers

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Posted in Hua Hin | Tagged Boathouse, condominium, developers, foreign buyers, Hua Hin, Hua Hin Gardens, leasehold, nominees, Property, Sansiri | Leave a response

Government considers longer leasehold terms

By Kanana Katharangsiporn on May 15, 2008

The government is considering allowing greater foreign ownership in property firms and extending leasehold periods beyond 30 years to stimulate the business, according to Finance Minister Surapong Suebwonglee.

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Posted in National | Tagged foreign direct investment, foreign ownership, lease contracts, leasehold, leasing | Leave a response