Thailand Real Estate Magazine

Rama IV – Bangkok’s future development

Somluck Srimalee — Sat, 04 Jul 2009 01:30:52 +0000

Bangkok's central business district seems set to spread along Rama IV Road as land for development becomes scarce on Sukhumvit, Silom and Sathorn roads. A growing number of property projects will be launched around Rama IV Road.

Serviced apartments in oversupply

Somluck Srimalee — Fri, 03 Jul 2009 01:19:21 +0000

The area around Bangkok's Sukhumvit Road is heading for a significant oversupply of serviced apartments.

Developers Diversify in the Downturn

Nina Suebsukcharoen — Sun, 28 Jun 2009 09:50:26 +0000

Difficult economic conditions tend to lead to imaginative ways of making money. An interesting example is the attempt by the property agency Engel & Volkers Thailand to get developers to diversify and become its licensed property agents.

Bangkok facing glut of apartments

Somluck Srimalee — Thu, 25 Jun 2009 09:38:49 +0000

Thailand's residential-leasing market is suffering from oversupply following the downsizing or closure of local operations by multinational firms in the face of the economic downturn, says real-estate services firm Colliers International Thailand.

MQDC launches B500m Bangkok condominium

Kanana Katharangsiporn — Thu, 25 Jun 2009 09:28:42 +0000

Magnolia Quality Development Corporation (MQDC), a property subsidiary of the agribusiness giant Charoen Pokphand Group (CP), yesterday launched a condominium in Bangkok to capitalise on an anticipated industry recovery.

Rental houses a new trend for investors

Somluck Srimalee — Wed, 24 Jun 2009 09:22:38 +0000

While economic difficulties are affecting many aspects of the property industry, Bangkok's rental-house business is growing rapidly, because among other things, it generates high returns on investment.

Movement at the High-End of the Market

Nina Suebsukcharoen — Sun, 21 Jun 2009 09:10:53 +0000

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.

Call for Phuket overhaul

Kanana Katharangsiporn — Sat, 20 Jun 2009 09:09:29 +0000

The government should see Phuket's tourism and property slump as a chance to improve the island's infrastructure as well as restore foreigners' confidence, hit by the closure of Phuket's airport by protesters late last year, say local developers.

Ways sought to win back foreign buyers

Kanana Katharangsiporn — Mon, 15 Jun 2009 10:29:16 +0000

Increased government scrutiny of land purchases by foreigners will hurt investment in all types of property, says Patima Jeerapaet, managing director of the property agency Colliers International Thailand.

The highs and lows, ups and downs of the Bangkok property market

Nina Suebsukcharoen — Sun, 14 Jun 2009 10:24:24 +0000

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).