By Kanana Katharangsiporn on November 16, 2009
Foreign demand for real estate in Phuket and Hua Hin is recovering, says Duangjai Kraus, executive chairman of the property broker Double 8 Realty Co, Ltd, city resale condo market also thriving.
Most inquiries are coming from potential buyers in Europe, said the master licence partner of Engel & Volkers Asia-Pacific Ltd, a Germany-based broker.
Sentiment in [...]
About the author
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
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53 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged beachfront, beachfront villas, condominiums for sale, engel volkers, Hua Hin, khao tao, Phuket, resorts in phuket
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 [...]
About the author
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
By Kanana Katharangsiporn on October 16, 2009
Fractional ownership of property may not appeal to Thai buyers, due to their unfamiliarity with the concept and the lack of regulation, experts say.
Fractional ownership is common in other countries where property is priced too highly for buyers to own an entire unit, said Phanom Kanjanathiemthao, managing director of property consultant Knight Frank Chartered (Thailand).
But [...]
About the author
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 foreigners, fractional ownership, lawyers fees, nominee companies, Phuket, residential units
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 [...]
Posted in National | Tagged fractional ownership, holiday destination, leasehold, Phuket, residence clubs, Royal Phuket Marina, Scandinavia
By Kanana Katharangsiporn on September 9, 2009
But segments for foreigners still suffer.
The outlook for the local property market is bright for the rest of the year but remains dim for segments targeting foreigners, according to property developers, experts and agencies.
Atip Bijanonda, president of the Thai Condominium Association, said the condominium market would boom in the last four months of the year [...]
About the author
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 condominium market, foreign buyers, Investment, Phuket, property market, property tax incentives
By Penchan Charoensuthipan on August 25, 2009
About 90% of beach land in Phuket is controlled by foreigners through Thai nominees, a leading research body has found.
Posted in Phuket | Tagged condominium units, foreign investors, Hua Hin, Koh Phangan, Koh Samui, legal loopholes, Pattaya, Phuket
By Kanana Katharangsiporn on June 20, 2009
The government should see Phuket’s tourism and property slump as a chance to improve the island’s infrastructure as well as restore foreigners’ confidence, hit by the closure of Phuket’s airport by protesters late last year, say local developers.
About the author
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 Phuket | Tagged airport closure, foreign buyers, infrastructure, new roads, Phuket, phuket real estate, tourism business
By Nina Suebsukcharoen on May 31, 2009
Political battles and gamesmanship have had a far-reaching impact on every economic sector, including large property developers such as Charn Issara Development (CI).
About the author
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
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37 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged Bangkok, BTS, condominiums, Eastern Seaboard, luxury development, Pattaya, Phuket, Skytrain, Sukhumvit
By Nina Suebsukcharoen on May 10, 2009
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.
About the author
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 Phuket | Tagged investors, jones lang lasalle, luxury market, luxury villa, Phuket, political turmoil, property launches
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