Many clients have been asking us about The Third Place. Many have been hearing about it and reading about it in the Bangkok media but few truly understand the actual concept or even know what it is. Well for starters, it is actually called 101 The Third Place and it is developed by Magnolia Quality [...]
We have been asked on countless occasions about a particular project called Aspire Asoke Ratchada. We have always made it a point to visit the actual site and show flat of the various projects before recommending them to our clients. This particular project, Aspire Asoke Ratchada, is being marketed very aggressively by the various marketing [...]
Since the implementation of the Bank of Thailand's stricter mortgage requirements, the number of speculators has decreased. In the long run, we do feel that this is positive for the health of the Thai property market. There were instances whereby local Thais were holding on to multiple properties just because mortgage requirements were extremely lax. [...]
There are instances whereby our clients have asked us to assist them in their purchase of a retail property. We have always maintained that the retail sector is facing two main threats. Competition from e-commerce Competition from upcoming supply “All over the world, e-commerce is challenging traditional retail stores, and Thailand is no exception,” said [...]
We get this question once in a while. There is word going around about Thailand 4.0 and here is a brief explanation of what this is. The Thai government has been progressively improving and progressing the Thai economy. Like all economic plans, these are conceptual ideas and a general direction of where the government would [...]
When investing in overseas properties, the fluctuations in foreign exchange come to play. For the past few years, the Thai Baht has been on an upward trend against most major currencies. Recently, the Thai Baht hit a post-coup high against the US Dollar. Here are some reasons for this. To understand the flow of money, [...]
According to a report by Bangkok Post, London-based residential design studio Yoo is opening an office in Bangkok. Yoo has 80 projects in 34 countries and one of the projects which we are familiar with is Khun by Yoo in Thonglor, Bangkok. Khun by Yoo is a freehold condominium in the heart of the upmarket [...]
In the latest post by Bangkok Post, foreign investors are confident about Thailand's economic prospects. Reasons for the positive sentiment: The acceleration of planned megaprojects The participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership Hopeful that Thailand will rev up negotiations for new FTAs after the elections especially with the European Union Positive [...]
Something that we have constantly mentioned was the strength of the Thai Baht. Many of our clients have purchased properties in Bangkok and sold them off and enjoyed not only capital appreciation but the appreciation against their home currency extrapolated their gains. An example would be an Indonesian client who purchased a property in Bangkok [...]
A recent report by Knight Frank Thailand stated that the condominium market in Bangkok in 2018 set a record for the most number of new project launches in the past decade. For 2018, there were about 65,000 units that were released to the market. This represented an 11 per cent increase from 2017 numbers. Most [...]
