Luxury properties with a sea frontage on the Thai island of Phuket were the best performing properties, according to the latest real estate market overview. The Residential Market View quarter three 2010 report from CB Richard Ellis shows that there was a continued recovery in tourism arrivals and the consultants…Continue reading
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
Weak currencies add to impact of bloodshed Foreign demand for Thai property will likely plummet due to the tragic ending of anti-government rallies in Bangkok last week which cost scores of lives and led to widespread rioting throughout the capital, real estate consultants say. Patima Jeerapaet, managing director of property…Continue reading
The real estate market could pick up 5-10 per cent if the recovery momentum extends into next year, property experts said yesterday. Thongma Vijitpongpun, president and CEO of Preuksa Real Estate, said the residential market has become more dynamic since the third quarter of this year because of the improvement…Continue reading
Property developers are turning increasingly to direct approaches to stimulate real demand in the economic downturn, with more selective and effective marketing channels beyond mainstream and traditional ones. Continue reading
Bangkok’s commercial office market is facing contrasting dynamics; while the overall supply and demand profile is positive, the wider economic outlook means that any optimism is largely unjustified. Continue reading