The Israeli real estate company Industrial Buildings Corporation Ltd (IBC) is optimistic the Thai property market will fully recover by the end of next year, says chief executive Dalit Braun. Market sentiment has improved since early this year when the company and its Thai partner, Pace Development, formed a joint…Continue reading
Modern tropical and modern oriental are the design themes for 43 detached houses at the Baan Bussaba Tiwanon project, by home-building firm Four Pattana, which has diversified its business to undertake residential development. Continue reading
Suchart says industrya key economic driver The Finance Ministry may extend tax and fee-reduction incentives for real estate purchases beyond next March, said Finance Minister Suchart Thada-Thamrongvech. Real estate associations submitted a request for an extension yesterday, along with other proposals, including one that the Bank of Thailand cut interest…Continue reading
Thailand’s Real Estate Investment Centre (REIC) has released a report advising developers to downsize residential projects in anticipation of a drop in demand in 2009. REIC director-general Samma Kitsin expects Thailand’s property market will soon start to feel the effects of the widening financial turmoil and slowing global economy. According…Continue reading
Land prices in Koh Samui are expected to rise between 20 per cent and 30 per cent a year as a number of property firms expand their investment in sectors such as retail, residential-project developments, hotels and Continue reading