Boracay Newcoast holiday home for sale

Spectacular Southeast Asia holiday homes available on Dot Property

There is no shortage of amazing Southeast Asia holiday homes for sale. And you’ve come to the right place if you’re looking for one....
Dot Property Show 2018

Real estate rewind: The top stories on Dot Property in 2018

It’s safe to say 2018 was a busy year for both Dot Property and real estate in Asia. We covered a lot of interesting...
Manchester City real estate for sale

Football & Property: Why Manchester is the city that keeps winning

Manchester City once again won the Premier League for a second year in a row and has a chance to add the Champions League...
Dot Property Awards 2019 SC Asset

Top developers lead the outstanding group of winners at the Dot Property Thailand Awards...

The inaugural Dot Property Winning Weekend was the perfect setting for the 3rd annual Dot Property Thailand Awards as the real estate’s best turned out...
Hua Hin condo market 2019

Good news for the Hua Hin condo market as tourism drives sales

The Hua Hin condo market has performed better than expected in 2019, according to research from Plus Property. Condo units near the beach area...
video

Dot Property Thailand Awards return in August, one of four events this year

The Dot Property Awards, Southeast Asia’s fastest growing awards series, returns in 2020 with four ceremonies scheduled. Bangkok, Ho Chi Minh City and Metro...
James Claassen

Dot Property names James Claassen as the new General Manager

Dot Property is pleased to announce that James Claassen will take on the role of General Manager for the region. James is a real...
Wearnes Automotive Dot Property Southeast Asia Awards

Wearnes Automotive named VIP Transportation Provider for Dot Property Thailand Awards 2020

Wearnes Automotive will bring Dot Property Thailand Awards 2020 guests to the event in a grand fashion after being named VIP Transportation Provider. The...
making a Phuket leasehold villa purchase Phuket villa rentals

The basics of making a Phuket leasehold villa purchase and does it make financial...

Overseas buyers can’t buy land in Phuket, but they can acquire the right to use the land via a 30-year lease. Once you have...
The Bangkok condo boom has been derailed by the ongoing COVID-19 pandemic and its impact is expected to be felt once again in 2021. Colliers International Thailand estimates that only 20,000 units hit the market this year, the lowest total in 15 years, as developers curb new Bangkok condo launches. This total is slightly less than 2020 when 21,643 units were launched in the Thai capital, according to Colliers International Thailand. That is a far cry from the more than 66,000 units to come onto the market in 2017 or the nearly 45,00 launched the following year. While there had been some hope of new Bangkok condo launches recovering in 2021, Colliers International Thailand Associate Director of Research and Communications Phattarachai Taweewong told the Bangkok Post that the new lockdown order likely extinguished that hope with many developers expected to delay condo projects once again. "Some developers may consider delaying new condo launches again as they are uneasy about feedback from buyers amid with the contagion," Khun Phattarachai told the newspaper. "Low-rise houses will remain the rising star.” Related: Developers go low in Bangkok to avoid condo glut With new Bangkok condo launches sputtering, many homebuilders turned their attention to the low-rise housing sector and found success in the process. For example, more than 60 percent of Sansiri’s total sales last year came from low-rise housing. Meanwhile, SC Asset recorded revenue growth of 18 percent and profit growth of 26 percent during the first six months of 2020 due in large part to a 116 percent rise in housing sales. Many of the firm’s housing projects saw record-setting presales with many selling out completely. There will be some new Bangkok condo launches in 2021, but developers are being cautious in regard to location. A few new projects in and around Thong Lor are slated to be launched since demand here remains strong and supply limited. Additionally, a few developers are lining launches around the under-construction mass transit lines in suburban Bangkok.

New Bangkok condo launches expected to hit a 15-year low

The Bangkok condo boom has been derailed by the ongoing COVID-19 pandemic and its impact is expected to be felt once again in 2021....

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