By Nigel Cornick on March 20, 2010
Luxury property developer Raimon Land has released Condominium Focus Bangkok Update, its first quarterly research publication of the year. The document reveals a remarkable recovery of the Bangkok upscale condominium market despite the ongoing domestic political tensions.
The fourth quarter of 2009 saw the Thai economy post 5.8% GDP growth, due primarily to exports to Asian
markets [...]
About the author
Nigel
Cornick
Nigel Cornick is the Executive Director and CEO of Raimon Land, a highly successful public company focused on developing premium residential property in Bangkok and Thai resort destinations.
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Posted in Bangkok | Tagged bangkok condominium market, condominium units, gdp growth, political tensions, quarterly research publication, thai economy
By Kanana Katharangsiporn on March 15, 2010
Pattaya’s real estate and tourism markets will grow by 5% and 10%, respectively this year, regardless of the political situation, says Jugkarut Ruangratanakorn, vice-president of Ratanakorn Asset Co Ltd, a property firm in the seaside resort city.
The Pattaya real estate market slowed last year and will remain sluggish in 2010 because of political tensions, he [...]
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.
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Posted in Pattaya | Tagged condominium market, foreigners, global recession, Pattaya, political strife, political tensions, s real estate, seaside resort city
By Nina Suebsukcharoen on June 14, 2009
Although the property market is very dull right now the malaise is not expected to continue much longer because it actually bottomed out last month with sales picking up after almost halting completely in April, says Aliwassa Pathnadabutr, managing director of CB Richard Ellis (Thailand).
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 Bangkok | Tagged CB Richard Ellis, luxury condominium, political tensions, Sukhumvit, sukhumvit area
By Kanana Katharangsiporn on December 2, 2008
Internal political problems are having a greater impact on the Thai property market than the global economic crisis, with no transactions made by foreign buyers and investors so far in this traditionally high season, said Duangjai Kraus, managing director of the Hua Hin branch of the property consultant Engel & Volkers (Thailand) Ltd.
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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54 )
Website:
http://www.bangkokpost.com/
Posted in Hua Hin | Tagged financial crisis, foreign buyers, foreign investors, political tensions, property transactions, scandinavians
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