By Nina Suebsukcharoen on January 7, 2010
The property market should improve this year due to progress on new mass transit routes and greater capital flows, but mitigating political risk will remain a key factor in ensuring a smooth recovery, says the Real Estate Information Center (REIC).
The strength of East Asia’s economy in part buoyed the Thai economy last year, helping the [...]
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.
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Posted in National | Tagged condominiums, overseas investors, political instability, political risk, stimulus packages, thai economy
By Asia Property Report on February 3, 2009
With Phuket’s residential market now firmly in the grip of economic downturn, developers must drop their prices in order to attract buyers and ensure a timely recovery, according to some local agents.
Posted in Phuket | Tagged beach, developments, economic downturn, Phuket, political instability, price adjustments, timely recovery, villas
By John Davids on January 26, 2009
Land and Houses, Thailand’s biggest home builder, expects no revenue growth in 2009 for the first time in more than a decade, due mainly to weak consumer confidence in an economic slowdown, a senior executive said.
Posted in National | Tagged consumer confidence, detached houses, economic slowdown, housing projects, land and houses, political instability, tax allowance, townhouse projects
By Asia Property Report on January 7, 2009
The company’s research has found that transactions across all segments were down in the last quarter of 2008, and the market may retreat by 10-20 percent this year, the biggest fall since the 1997 financial crisis.
Posted in National | Tagged bangkok office, CB Richard Ellis, condominium market, investments, luxury condominiums, political instability
By Somluck Srimalee on December 22, 2008
Thailand’s property market cannot be expected to recover from the present slump until 2011, according to Aliwassa Pathnadabutr, managing director of international property agency CB Richard Ellis (Thailand).
About the author
Somluck
Srimalee
Somluck Srimalee is a journalist with The Nation, Bangkok's independent English language newspaper and specialises in the property and real estate sectors.
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Posted in National | Tagged CB Richard Ellis, foreign buyers, global economic crisis, luxury condominiums, political instability, resurgence
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