Although the property market is very dull right now the malaise is not expected to continue much longer because it actually bottomed out last month with sales picking up after almost halting completely in April, says Aliwassa Pathnadabutr, managing director of CB Richard Ellis (Thailand). Continue reading
The average price being paid for a condominium unit in the Central Lumpini area is now Bt112,765 per square metre, ranking higher than other popular locations in central Bangkok, according to real-estate firm CB Richard Ellis Thailand. Continue reading
Plus Property Co, a subsidiary of the listed developer Sansiri Plc, still sees a positive trend in the apartment rental market with rising occupancy rates, especially in the high-demand Sukhumvit area, says Anukul Ratpitaksanti, deputy managing director for asset management. Continue reading
The global financial crisis is affecting the Thai property market as a Singaporean investor just withdrew an investment in a project on Sukhumvit Road, said Patima Jeerapaet, managing director of the property consultant Colliers International Thailand. Continue reading