2010 represented a record number of launches, dwarfing the figure for 2009 according to the latest Bangkok condominium market report from Colliers International Thailand (CIT). In Q4 2010 alone, over 20,000 units were launched for the whole of Bangkok, including the suburbs, while a total of newly launched condominiums for…Continue reading
Supalai Plc chairman and CEO Prateep Tangmatitham says there was clearly a negative influence on the property market from November last year to January 2009, when political confrontation reached boiling point, and he expects this year’s performance to hinge on political stability as well as economic recovery. Continue reading
Falling demand leaves developers with a large inventory of unsold units Bangkok may find itself with a significant oversupply of city condominiums located around mass-transit systems if demand tumbles next year once the impact of the global economic crisis strikes Thailand’s economy. This was the message from property experts yesterday…Continue reading
One inflation-proof investment perhaps worth considering is buying a condominium for rent. With good management and prudent procedures, investing in a condominium and then offering it for rent will generate much higher returns than leaving your money in bank deposits. Continue reading
At a time when fixed deposits earn interest at only 2.5 per cent, property companies and agencies suggest buying residential property located close to the mass-transit system Continue reading