The entire property market except the industrial sector and serviced apartments is showing signs of recovery as the political situation, the government’s stability and policies to promote foreign investment are helping revive foreign demand. Aliwassa Pathnadabutr, managing director of the property consultant CB Richard Ellis Thailand, said 2010 had begun…Continue reading
Rental rates in Bangkok´s condominium market are expected to face continued pressure during 2010 as more new units come onto the market. Research from DTZ showed that during the final quarter of 2009, six projects with 1,408 units were launched within the Central Business District of the Thai capital. The…Continue reading
Worsening market sentiment in the aftermath of the Songkran political riots has caused the postponement to October of a property fair scheduled for next week by Knight Frank Chartered (Thailand). Continue reading
Foreign demand for condominiums in Thailand looks set to fall further this year, and that, along with unsold units carried over from last year, will put pressure on developers to delay existing and new plans, Raimon Land said on Wednesday. Continue reading
Reduce inventories, manage operational costs and generate more cash flow are the key strategies being adopted by Thailand’s leading property developers as they brace themselves for a tough year ahead. Continue reading