Condominium launches in Bangkok at a 10-year high

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 [...]

2019-01-31T13:13:36+08:00January 31st, 2019|

Units For Rent Remain Popular In Areas Favoured By Foreigners, says CBRE

Despite increased competition from rental units in condominiums, the prospects for the single-ownership apartment market in the prime areas of Bangkok are still positive, according to property consultant CBRE. Most expatriates working in Bangkok rent rather than buy a property. The expatriate rental market is competitive because the number of expats working in Bangkok is [...]

2019-01-20T17:35:32+08:00January 21st, 2019|

Megatrends Driving Chinese Demand

Capital controls at home and appealing prices in Bangkok are drawing high levels of real estate investment to Thailand. The beginning of the year is a chance for people to take a deep breath and think about the long term. That's why the most frequent question I get these days is about the full-year outlook [...]

2019-01-20T17:13:54+08:00January 20th, 2019|

China’s One Belt One Road Initiative. How it impacts Bangkok and the region.

For the longest time, Japan has been the main contributor to foreign direct investment in Bangkok. Downtown Bangkok is home to the Japanese community as evidenced by the heavy Japanese influence in areas around Phrom Phong, Thong Lor and Ekkamai. There are many Japanese dining and retail outlets along this stretch. Japanese developers like Sankyo [...]

2019-01-13T16:13:16+08:00January 13th, 2019|

Bangkok Condo Outlook Cloudy

New mortgage curbs could shrink domestic demand as a shift to foreign buyers raises other concerns, says CBRE. Uncertainty is looming in the Bangkok residential property market, according to CBRE, the international property consultancy. Although developers have recently increased launches of condominiums, sales to Thai buyers have slowed in some locations and are likely to [...]

2018-12-09T17:25:20+08:00December 13th, 2018|

High-yield Condos in Thong Lor, Strong Rental Demand Amongst Expats

Rental demand in the popular Bangkok neighborhood is always strong among expats, especially Japanese. The condominium market in the mid-Sukhumvit area (from Sukhumvit Soi 21 to Ekamai Road) has shown continuous growth, with a surge in selling prices per square meter over the past five years, according to Nexus Property Marketing Co Ltd. Average selling [...]

2018-12-09T17:20:34+08:00December 11th, 2018|

Existing Estates To Bolster Eastern Economic Corridor (EEC)

As much as 300,000 rai is being prepared for development into industrial areas for the government's flagship Eastern Economic Corridor (EEC) The areas will be expanded from those owned by 21 existing industrial estates that span 82,000 rai. They also exclude 20,000 rai to be allocated for the development of the Eastern Economic Corridor of [...]

2018-12-09T17:05:14+08:00December 9th, 2018|

Condo Market Picked To Slow In 2019, Little Impact On Upscale Condos

The residential market in 2019 will slow down, with new condominiums in middle- to lower-end segments expected to delay launches if the Bank of Thailand's new requirements on loan-to-value (LTV) limits, scheduled to be announced tomorrow, are unchanged, says an industry chief. Prasert Taedullayasatit, formerly president of the Thai Condominium Association, said new residential supply [...]

2018-11-19T13:53:42+08:00November 22nd, 2018|