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…
Panasonic Intends to Put Forward An Innovative 2018 The world famous Japanese electronics company, Panasonic, has recently announced its plan to enter the Thai property market with the help of a joint venture with a Thai company to commence the construction of not only houses but also shopping malls and hospitals. This is expected to happen within the next two…
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…
Are Property Prices Affected By Oil Prices? Faltering oil prices have been the talk of the town for the past six months at the least, with property prices also declining. Is there a link between faltering oil prices and property prices? On a international level At first notice, there appears to be some correlation between the 2 asset classes….
Thailand’s property stimulus proposal – 3 Key Points First-time purchasers benefit the most from Thailand’s property stimulus proposal. In an attempt to rejuvenate Thailand’s lack-luster real estate industry, Finance Minister Sommai Phasee had not too long ago granted a stimulus package that aimed to increase the duration of property transfer procedures in the country, as reported by the Bangkok Post recently. These measures should…
What Will Be The Future Of Real Estate As The AEC Era Begins On the 31st of December 2015, the ASEAN Economic Community (AEC) was established that saw its 10 member nations form a single economic group. Traditional and electronic ads about the AEC are visible all over the length and breadth of Southeast Asia. The integration of the Association…
Why Do Old Condominium Cost Less Than New Ones? Many international buyers of condos in Bangkok are taken aback by the prices of new projects that are, at times, 4 to 5 times higher than 10 or 20 year old buildings in the same location. In numerous nations, like Hong King for example, the cost of old well-built constructions keep pace with newer…
Sathon – Popular Again! The latest entry of luxury hotels, new office developments, retail outlets, restaurants and bars in the Sathorn area are quickly helping in restoring its popularity and reinstating it as a modern and hip neighbourhood, which is in direct contrast to Sathorn’s former image of being just a residential and business district. Residential Constructions & Expatriate…
Condominium Alternatives In The Current Market Everyone wants to know that when the market is slow and competitive, what other projects can people develop? There are other development programs to take note of during a market slowdown and the products that will match real demand will continue to be sold. There is clearly a want from people who…
RUSSIAN TOURISTS BOUND TO RETURN TO THAILAND IN NUMBERS The number of Russians visiting Thailand this year is projected to rise because of the increased strength of the rouble, which is a by-product of the rising oil prices. The Tourism Authority of Thailand (TAT) has forecasted that the number of Russians visiting Thailand this year would reach 1 million….
