Thailand Real Estate Magazine

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Falling demand leaves developers with a large inventory of unsold units
Bangkok may find itself with a significant oversupply of city condominiums located around mass-transit systems if demand tumbles next year once the impact of the global economic crisis strikes Thailand’s economy.
This was the message from property experts yesterday at a seminar entitled “Outlook for City [...]

Two property developers, Major Development Plc (MJD) and Ananda Development Co Ltd, have insisted that their joint ventures with the leading insurance firms AIG and Prudential are safe from the global financial crisis as the funds were raised in Asia.
MJD president Suriyon Poolvoralaks said his company’s subsidiary MJAI Development Co had been formed by a [...]

Prices are set to rise in the next couple of years, especially at the low end
After being stagnant in the first half, the Thai property sector has witnessed substantial growth in the third quarter of the year, particularly in the luxury condominium and housing estate segments.
Thai Real Estate Association president Somchao Tanterdtham predicted the realestate [...]

Anyone thinking of selling a condominium should do so soon because prices are likely to drop in six to 12 months due to political uncertainty and oversupply, says Ian Soo

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).

Sales of luxury property in Thailand remain buoyant despite global concerns, according to CB Richard Ellis, the leading international property consultants in Thailand.

Increasing Japanese production activity in Thailand is leading to a rise in the number of Japanese expatriates living in the country – which is in turn fueling demand for Bangkok apartments and condominiums for rent

At a time when fixed deposits earn interest at only 2.5 per cent, property companies and agencies suggest buying residential property located close to the mass-transit system

Colliers International Thailand anticipates tougher competition in the serviced apartment market and has urged owners and to refocus their marketing strategy, said managing director Patima Jeerapaet.