Thailand’s property market is considered one of the major business sectors in Thailand which is inevitably on the boom with the economical development of the country. Thailand has passed its turbulences in year 2010 which is considered one of the most difficult years in the Thai history as well as…Continue reading
Thailand needs clearer regulations and policies to attract more foreign property investment, says George McKay, managing director of Colliers Corporate Services Asia Pacific Region. “Rules should be rules. Some regulations are not clear enough – like foreign property ownership. Investors want clarity. It builds confidence. Unclearness will obstruct investment,” he…Continue reading
Cash-rich early birds are investing in condominiums for attractive returns at a time of low deposit interest rates, says Kittisak Jumpathippong, chief executive of the property consultant Century 21 Realty Affiliates (Thailand) Co Ltd. “No business generates higher margins than property,” he said. “The situation now is like in 2000-01…Continue reading
On 3rd February 2009 an article appeared in Property Report Asia which claimed Phuket property experts were saying that Phuket residential real estate is overpriced.
It transpired, on reading the article, that there was little substance for this apart from the comments made by one estate agent. As it was obvious that this article had been badly researched and lacked any
substantial evidence we decided to launch our own investigation into the status of the Phuket property market. Continue reading
Despite continued interest and more properties up for sale, investment activity in the Bangkok property market has been subdued as there remains a wide gap between buyers’ and sellers’ expectations, according to Jones Lang LaSalle, a professional services firm specialising in real estate. Continue reading
Strong Japanese demand for rental condominiums has prompted the Japanese property agent Siam Kotobuki Co Ltd to move into property development, with the launch of a 600-million-baht building in Soi Thong Lor 25, said managing director Seita Hagiwara. Over its 15 years in the housing agency business, the company has…Continue reading
Thailand is at the very heart of Southeast Asia, occupying an area of nearly 200,000 square miles. Thailand is a diverse and beautiful country where the terrain ranges from forested mountains in the north, to rice fields of the central plains and the tropical coastline and sandy beaches of the…Continue reading
Is now a good time to be investing in property? Ask a real estate agent when the best time to buy a property is and the humorous response is likely to be “anytime, but preferably in the next 20 minutes”. With the global financial markets in such disarray, lending seizing…Continue reading
The success of the Thai economy has aroused the interest of international property investors, according to overseas specialist David Stanley Redfern (DSR). Continue reading