Riverside Luxury Property Prices Soar, Completed Projects In Area see 95% Sales Rate
A shortage of land and the new supply of high-end condos on the banks of the Chao Phraya River has driven luxury residential prices to rise by 80% on average from 2014-18, says property consultant [...]
Developers Turn To Upper Sukhumvit
Condominium prices on Sukhumvit, from the low-numbered sois to Ekamai, will likely remain high, says property consultant Knight Frank Thailand. It conducted research and found the average selling price per square meter for condos from [...]
Knight Frank: Trains And Convenience Propel Condo
Bangkok's condominium market remains bright, driven by rail expansions and an increasing focus on convenience among buyers, says Knight Frank Thailand Research. In 2017, 62,751 new units entered the market, an increase from 19% in [...]
Bang Sue Area Plans Being Formed To Lure Investment
The government is being urged to promote the establishment of an urban development corporation, amend some city zone regulations and extend the period of leasehold contracts to make developments surrounding Bang Sue station more attractive [...]
Japanese Real Estate Firms Are Penetrating The Thai Property Market
Successive Japanese real estate firms are penetrating the Thai property market by joining forces with local partners to cash in on growing demand for residences. Tokyo Tatemono Co, one of the major developers in the [...]
Bangkok’s luxury apartments cost less than a studio in Hong Kong
In chic central Bangkok, a foreign buying binge is fueling a red-hot market for the ultra-luxury real estate. At 98 Wireless, a luxury condo opened last March in the capital, one buyer from Hong Kong [...]
Ladprao – Phahon Yothin | New Transportation Hub and Area For Living
The Ladprao - Phahon Yothin area is fast becoming a popular area of residence. There are on-going developments that will give residents in this area access to rail transport and a multitude of lifestyle offerings. Let's [...]
Pace of EEC rail projects picks up
PLANNED high-speed and double-track rail projects to serve the Eastern Economic Corridor (EEC) are expected to begin services in 2023, with an investment value of Bt296.42 billion alone flagged for the high-speed train service, the [...]
More Chinese tourists expected due to Alibaba
TOURISM experts and online travel platforms are welcoming the collaboration between e-commerce giant Alibaba and Thai tourism authorities to develop smart and digital tourism, although there are concerns over possible negative impacts. Critics voiced concerns [...]
4 Important Considerations When Buying Resale Condo In Bangkok
When it comes to buying a condominium in Bangkok, investors can also consider getting a resale condo rather than a brand new one from the developer. There can be various reasons why one would consider [...]
CBD condos see improved take-up rate
The residential condominium market in Bangkok's central business district (CBD) remains positive as the take-up rate rose significantly because of reduced supply in the first quarter this year. Condo prices increased throughout Bangkok and this [...]
Bangkok Property Allure Rises For Chinese
CHINESE developers have bulked up their presence in the Bangkok property market with a steady pace of condominium unit launches at projects worth more than Bt30 billion in the first quarter of this year as [...]
Thailand commits to ‘long-term partnership’ with Alibaba
Thailand has entered into a strategic partnership with Alibaba to drive the development of Thailand’s digital economy and the Eastern Economic Corridor under the Thailand 4.0 policy. Under this partnership, agencies of the Thai government [...]
Developers push mixed-use projects amid changing customer lifestyles
By 2025, nearly bt700 bn would be invested in projects close to the CBD The changing lifestyle of city folk is making them buy residential property close to their place of work, which has inspired [...]
IKEA helps boost allures of WestGate project
CENTRAL Pattana Plc (CPN), the largest retail real estate developer in Thailand and operator of CentralPlaza WestGate, has announced that ‘CentralPlaza WestGate, ’ the super regional mall in Southeast Asia, has formed a partnership with [...]
Location And Land Cost Remain Key Factors
Location and land cost are key factors to develop condominium projects in inner Bangkok, which are attractive to investment buyers as they provide good rental yields and capital gains, says property developer Habitat Group. Chief [...]
Land Windfall Tax Likely To Deflate Property Bubble
The land windfall tax is expected to help fend off a property market bubble as developers take care to avoid tax liabilities that will come into effect if the value of unsold residential units exceeds [...]
Residential, office, retail and logistics sectors will continue to be robust this year
The residential, office, retail and logistics sectors will continue to be robust this year thanks to the country's economic growth and the upbeat global outlook, says property consultant CBRE Thailand. Managing director Aliwassa Pathnadabutr said [...]
REIC: Bangkok’s vacant plot prices rise 13.2%
The Real Estate Information Center (REIC) says the vacant land price index in Greater Bangkok last year was 165.6, a gain of 65.6 points from 2012, the base year, and increase of 13.2% from 2016. [...]
When it comes to some corners of Bangkok, sky-high land prices can be justified, granted the developer gets the product offering right.
For your average Joe, 100,000 baht per square wah is no trifling sum for a piece of land. But for inner Bangkok, it's small change, as the area has set a record high of 3.17 [...]
Mass transit to shape market
Eleven new mass transit lines citywide spanning 480 kilometers will change the property landscape and urban lifestyles in the next decade, say property analysts. Surapong Laoha-Unya, chief operating officer at Bangkok Mass Transit System Plc, [...]
Race for rare sites: Demand for prime sites has remained strong
Demand for prime sites has remained strong, with developers continuing to acquire sites for all types of development. Land prices have dramatically increased, especially in the most prime locations and along with mass transit lines. [...]
Analyst: Rama IX area holds promise for condo market
The condominium market in the Rama IX area has growth potential because of the intersection of two mass transit lines and strong demand from Chinese buying for their own use and for investment, says property [...]
Tao Poon-Bang Sue on track to becoming largest mass-transit hub: Knight Frank
Tao Poon-Bang Sue is transforming into Thailand's largest mass-transit hub, which is expected to be completed in 2020, property agency Knight Frank Thailand managing director Phanom Kanjanathiemthao said on Monday. The location will also become [...]
Buying Property In Bangkok – My Personal Experience (feat. Daryl)
Ever wondered what is it really like to own a property in Bangkok? I had the chance to visit Daryl at Circle S Sukhumvit 12, a condominium he invested in a few years ago. This [...]