Movement at the High-End of the Market
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Mr Neilsen perceives the outlook for the Bangkok market to be very mixed, with demand being very weak at the moment while there is overcapacity. Continue reading
Tag Archives: Rayong
Realty agent invests to reverse slide
International property agency Knight Frank Chartered (Thailand) has set aside a Bt50 million budget for an aggressive marketing campaign to boost sales and achieve a target of between Bt2.5 – Bt3 billion. The plan follows a tough period which has seen a drop in both domestic and foreign buying.
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Hemaraj to spend Bt20 billion on development
Thailand’s largest industrial-estate developer, Hemaraj Land and Development, plans to spend Bt20 billion over the next five years on industrial-estate development, property projects and utilities investments. The company currently has six industrial estates in Chon Buri, Rayong and Saraburi provinces and recently entered the property-development business by launching The Park,…Continue reading
Luxury properties go on show
A total of 24 luxury residential projects with 7,000 units worth up to Bt60 billion in Bangkok and tourist destinations Hua Hin, Rayong, Pattaya, Phuket have joined the Siam Paragon Luxury Property Showcase running until May 18 at Siam Paragon. Continue reading
GlenAsia Steps Up Resort Development
After spending three billion baht in the eastern resort market over the past three years, the Thai-Swedish developer GlenAsia plans to spend at least 800 million baht Continue reading
Massive Nordic boom set to hit resort towns
Scandinavian investors are expected to invest up to Bt16.2 billion in residential developments in ThailandScandinavian investors are expected to invest up to Bt16.2 billion in residential developments in Thailand this year and the next. This money will flow into tourist destinations such as Rayong, Hua Hin, Koh Samui and Phuket, according to research by Colliers International (Thailand). Continue reading