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
Thai listed developer Sansiri has revised its 2010 sales target up to THB25 billion (US$822 million) and increased its land purchase budget from THB7 billion (US$230.2 million) to THB10 billion (US$328.8 million) as it plans to jump into the low-priced housing market during the last quarter of the year. The…Continue reading
Phuket’s residential property market should continue to improve in line with the global economic recovery given no new political turmoil, according to new research from Knight Frank Thailand. The company believes that political stability will reinforce consumer confidence, not only for Phuket but for Thailand as a whole. Managing director…Continue reading
The listed developer Bangkok Land Plc plans to make its biggest investment in 12 years with several developments after clearing its 52-billion-baht debt resulting from the 1997 economic crisis. The new projects will range from condominiums and hotels to a shopping centre worth a combined 15 billion baht in the…Continue reading