Posts Tagged ‘property market’

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Risk for prime office market

Risk for prime office market
Lehman was a major Bangkok landlord The collapse of Lehman Brothers Holdings, the largest bankruptcy in US history, could disrupt Thailand’s prime office market, as the 158-year-old investment bank is one of the largest holders of commercial space in Bangkok. Lehman’s global assets, listed at $639 billion as of May 31, include an ... Full story

A new tool for real estate buyers

A new tool for real estate buyers
Thailand’s property market is still on the rise and highly competitive. Advertisements for new real estate developments are everywhere, and with them are promises of freebies. While some projects offer free air-conditioners, televisions and furniture, others promise gyms, swimming pools and even nurseries. Often such promotional gimmicks are not referenced in the purchase ... Full story

Law firm devises developer test

Law firm devises developer test
Scoring system can protect buyers The law firm Rene Philippe & Partners Ltd suggests property buyers check developers' credibility before signing deals that cause losses and legal troubles. Managing partner Rene-Philippe Dubout said the developer test compiled by the company was 90% accurate when tested on developers ranging from strong, ... Full story

Bangkok market resilient

Bangkok market resilient
The Bangkok property market performed steadily during the first six months of 2008, especially considering political and economic constraints, according to data collected by CB Richard Ellis as part of its Market View Q2 2008 report. Three apartment buildings were completed in Q2 2008, raising total supply to 10,576 units, which represents growth ... Full story

Property market in Phuket sees little fallout

Property market in Phuket sees little fallout
Despite the closure of Phuket International Airport for two days, real estate professionals on the island claim their business is unlikely to be affected because foreign buyers understand Thailand's political situation. Martin Phillips, based in Phuket as managing director of the upmarket residential brokerage Engel & Volkers (Thailand) Co, said no clients had postponed purchases ... Full story

Phuket market stays resilient despite turmoil

Phuket market stays resilient despite turmoil
The Phuket property market is expected to show strong growth despite political instability and slower economic growth in Thailand, research by property agencies showed. Full story

Developer sees globalisation of housing market continuing

The property market is becoming increasingly globalised with people buying houses and condominiums across borders on the back of rising affluence Full story

Sukhumvit 6 plot fetches record B1m a square wah

Sukhumvit 6 plot fetches record B1m a square wah
A land sale on Sukhumvit Soi 6 has set a record at one million baht per square wah, according to the property agency CB Richard Ellis Thailand (CBRE). Full story

Cash-rich buyers keep luxury real estate market healthy

The luxury property market is still strong due to healthy demand and high purchasing power, reflected in the fact that fewer than 20% of purchasers seek loans, according Full story

Property sector likely more active in latter half of 2008

The Thai government's economic stimulus package is expected to help boost property trading activities in the second half of this year Full story
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