Improving Transport Networks Reshaping Bangkok’s Condo Market
Dwindling land banks and rising prices, coupled with improved transport networks, are changing the face of the Bangkok condo market as new projects move further away from the city’s centre; while, oversupply in some areas has the potential to continue to weigh on sales. With the expansion of rail and bus transport network improving connectivity in Bangkok, upper- and mid-range…
Thailand Board of Investment (BOI) and HOTELS
Thailand Board of Investment (BOI) and HOTELS Hotel activities (excluding hotel management services), the sale of beverages and food, tourism, etc. are all referred in the Foreign Business Act’s Annex 3 as ‘businesses that Thai nationals are not yet equipped to deal with Foreign competition.’ As a direct result of this, foreigners hoping to pursue a hotel business in…
In Popular Demand: Professional Property Management
In Popular Demand: Professional Property Management According to JLL, with Thailand’s real estate market evolving, professional property management services’ demand is on the up-and-up. In addition to the increase in property development numbers, the rise in awareness of property investors and owners with respect to the need to procure professional property management services for their realty acquisitions is the main…
The Rise In Demand For Public Space In Asian Cities
The Rise In Demand For Public Space In Asian Cities There are some ambitious projects being development in the city of Bangkok, none of which are commercial, residential nor retail in nature. These are, on the contrary, open green-public spaces. According to JLL, a similar situation has been witnesses throughout Asia as city dwellers and governments take more interest…
Bangkok’s Commercial Real Estate Is Going Green
Bangkok’s Commercial Real Estate Is Going Green A few years ago, the Ministry of Energy and the PTT changed their located to a more modern, highly developed 300,000 m2 office complex called The Energy Complex. This building was the first to have LEED certification labelling it a “green building”, with the highest possible level – Platinum Level. After…
CP Land Plc: 2.2 Billion THB Earmarked For Hotels
CP Land Plc: 2.2 Billion THB Earmarked For Hotels CP Land Plc, which is a property division of Charoen Pokphand Group, is planning to set in motion a project to build nine hotels in different Thai provinces in 2017 and 2018, by investing 2.2 Billion THB in total. It also has plans to develop five condominium projects amounting to around…
Bright Future For Bangkok’s Commercial Property Sector
Bright Future For Bangkok’s Commercial Property Sector Although the commercial real estate sector of Bangkok has been through an impressive development phase, arm’s length deals that produce moneymaking assets have been in short supply, as not one Class A office building has been sold for the last ten years. When we talk about an arm’s-length deal we mean a…
What’s the best height for a building?
What’s the best height for a building? There are a number of factors that have worked in combination to lead to the development of high rise buildings or as they are commonly called skyscrapers. Some factors include the need to live, work and shop together with the inadequate land available for housing projects in certain areas. The majority of developers…
Bangkok Leads TripAdvisor’s Bargain Ranking
Bangkok Leads TripAdvisor’s Bargain Ranking In the last couple of years Bangkok has become world famous for being one of the top ten Asian destinations perfect for a weekend getaway owing to its reasonably rates. TripAdvisor, the well-known travel website, has just published a report with information about the amount of money you need If you want to spend seven…
