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Bubbles in a bust?

It is a paradox. While housing markets throughout Thailand as a whole are shrinking, low-priced and high-priced condominiums in Bangkok appear to be in a bubble. Dr. Sopon Pornchokchai, President of the Agency for Real Estate Affairs (AREA) said that he is expecting that by the end of this year, the number of new condominium

Govt. urges caution

Thailand’s Permanent Secretary to the Prime Minister’s Office, M.L. Panadda Diskul, has urged home buyers to exercise caution when buying property. The message came during a recent discussion about the previous government’s housing programs during a seminar held by the Office of the Consumer Protection Board. The event was aimed at raising awareness for quality

World-best award for Siam Center

Siam Center in central Bangkok has been selected as one of the world’s five best-designed retail centres by the International Council of Shopping Centers. Siam Center, owned by Siam Piwat, is one of five global shopping centres to be presented with the 2015 ICSC VIVA Award in the ‘Design and development’ category, and is recognised

Former Sinatra home for sale

The former home of Frank Sinatra near Palm Springs in the United States is on the market with a price tag of US$ 3.95 million. A private, gated road leads up to the estate Sinatra owned and considered his personal sanctuary for 12 years. Christened ‘Villa Maggio’ as a tribute to the character he portrayed

Dong impact on real estate

What do the recent double devaluations of the Vietnamese dong mean for the Vietnamese property and real estate sector? On August 12 and August 19 the State Bank of Vietnam (SBV) raised its VND/US$ reference rate by 1% and widened the trading band initially from +/-1% to +/-2% on August 12 and then to +/-3%



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