by kevinyeo | Oct 31, 2018 | Questions and Answers
Question: Is there an oversupply of condominiums in Bangkok?
We get this question very often and this is a topic that can get investors concerned. Every weekend, you can flip the newspapers and you will see several new launches in Bangkok happening.
So is there really an oncoming glut of condos in Bangkok?
Answer:
It depends on what you buy.
It will be wrong put all the condominiums in Bangkok together and see them as one. There are the mass market ones, and then you have the investment grade condos.
We are always advocating that you should only be looking at the investment grade condos. These are condos located in the core central region of Bangkok.
In downtown Bangkok, the land is limited. It is difficult for you to spot an empty land. For developers such as Sansiri and Ananda to launch a brand new condo, they will first have to buy over existing land or old buildings.
This increasing land price and relatively short supply of prime properties have to lead to price growth over the years. These will also be the exact same properties which the expatriates favor due to the superior location and quality.
A lot of investors are attracted to the lower priced condos on offer in the outskirts of the city but those condos are many in supply. There is no public housing scheme in Bangkok. Thus, the developers are the one coming up with affordable housing for the local Thais. It will be rather difficult for such properties to attract expatriate tenants.
Got a question for us? Reach us at [email protected] or [email protected]
by Daryl Lum | Oct 31, 2018 | Origin Projects
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Knightsbridge Prime Sathorn by Origin Property
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Knightsbridge Prime Sathorn by Origin Property
Knightsbridge Prime Sathorn is a condominium project, developed by Origin Property. It is located in the heart of the Sathorn financial district, close to Chong Nonsi Station. There will be a train station in front of the condominium. It will be the BMA light grey line and the station name is Narathiwas. Narathiwas is one station away from Chong Nonsi interchange. This condominium is located in an area which is easy to rent as this is the Central Business District of Bangkok. Demand is high from corporate tenants.
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Knightsbridge Prime Sathorn Location Map
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Visit the Knightsbridge Prime Sathorn developer sales website:
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Coming Soon!
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Visit the Knightsbridge Prime Sathorn Facebook Page:
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Related articles about Knightsbridge Prime Sathorn:
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Related videos about Knightsbridge Prime Sathorn:
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video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”no”][fusion_code]W2luc3RhZ3JhbS1mZWVkIGluY2x1ZGV3b3Jkcz0iI2tuaWdodHNicmlkZ2VwcmltZXNhdGhvcm4iXQ==[/fusion_code][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]
by kevinyeo | Oct 28, 2018 | Questions and Answers
Question: How To Select A Good Unit In A Development?
Answer:
One of the things we share with our clients will always be to buy the highest floor possible. This is because when you decide to resell and you wish to ask for a higher price, it will be easier to justify. For a lower floor unit asking for a selling price higher than that of a higher floor unit, you will very likely be deemed overpriced.
Moreover, all thing being equal, a higher floor unit will also more likely to be able to secure a tenant easier than the lower floor units.
You might also want to be aware of certain floor levels or unit numbers. Some buyers are rather superstitious and would want to avoid certain numbers. So if you wish to appeal to the largest possible pool of buyers, especially the Chinese, then do be aware of the unit selection.
13 is considered an unlucky number in Thailand.
Units at the corner or near the corner are more desirable because of the privacy it offers. Similarly, try to avoid units directly facing the lift lobby.
Last but not least, look out for unique features that may give you an edge because of the differentiating factors. Some example would be a balcony, lofts, etc.
You should also make an effort to doll up your unit so it can stand out from the rest. The cost of doing so is minimal but doing so can help give your property a wow factor.
We do get clients contacting us, asking us about how to go about selecting a good unit. We are happy to assist you in this aspect so do feel free to get in touch with us.
You can reach us at [email protected] and [email protected]
by Daryl Lum | Oct 27, 2018 | Noble Projects
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Noble State 39 by Noble Development
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Noble State 39 by Noble Development
Noble State 39 is a condominium project, developed by Noble Development. It is located along Sukhumvit Soi 39. It is close to Phrom Phong BTS Station. It will take about 6 minutes to walk to Phrom Phong BTS Station. It is located just behind The EmQuartier. This area is very popular with Japanese and expatriate tenants. This area is a very upmarket area in central Bangkok. The neighbourhood is extremely affluent.
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Noble State 39 Location Map
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Visit Noble State 39 developer sales website:
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Noble STATE 39
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Visit The Noble State 39 Facebook Page:
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Coming Soon!
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Related videos about Noble State 39:
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by kevinyeo | Oct 24, 2018 | Questions and Answers
Question: Are Condominiums In Rama 9 A Good Investment?
Answer:
Rama 9 or Phra Ram 9 has been 1 of the investment hotspot in Bangkok recently. There is an MRT station with the same name so getting there is rather easy.
Rama 9 is beginning to become an extension of Bangkok’s central business district. The stock exchange of Thailand has relocated nearby and you can now see many prime offices in Rama 9. Many MNCs have already made Rama 9 their home.
Rama 9 is also 2 stations away from Asoke and only 1 station away from Makkasan, where you can link to Suvarnabhumi Airport directly.
A lot of the expatriates and the Thais who are working nearby are fueling the demand for residential rental in the nearby places.
Rama 9 would be 1 of the locations in Bangkok that you can find tenants rather easily.
When the right opportunity comes along, Rama 9 will definitely be one of the better locations to invest in currently.
Got a question? You can reach us at [email protected] or [email protected]
