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Tricia Liu Properties

The Philippines’ Best Real Estate Agencies for 2022 announced

Cheyenne Hollis -
Familiar faces found themselves among the winners of Philippines’ Best Real Estate Agencies 2022 as both Tricia Liu Properties and Edukate Group Inc. took...
Korat real estate 2022

Strong residential demand being seen in Korat

Cheyenne Hollis -
Korat may not be Thailand’s largest or most well-known city, but it is an area currently seeing strong demand for residential real estate. According...
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.

What is influencing Bangkok’s moving market?

Virginia Ewart-James -
Bangkok's new projects are being built out of the Central Bangkok. The desire for brand new condominiums in Asia is strong. This is a long...
Tips for picking the right colours

Expert tips for picking the right paint colours

Andrew Batt -
From window orientation to how a room is used, many factors play a role in how colour is perceived in a home. While choosing...
Thailand’s biggest online property sales event in 2021

Thailand’s biggest online property sales event returns in 2021 with even more deals

Cheyenne Hollis -
Thailand's biggest online property sales event will be even bigger in 2021 with the announcement of the Dot Property 48 Hour Mega Sale. After...
One of the bridges in Bangkok crossing Chaopraya River. Thailand-Property.com

Bangkok’s Tao Pun-Bang Sue Area in the Spotlight

Andrew Batt -
Knight Frank Chartered (Thailand) recently released a research report highlighting the potential of the Tao Pun – Bang Sue area, which is set to...
Thai property investors

Where are Thai buyers purchasing real estate in London?

Cheyenne Hollis -
Thai property investors have been targeting London for some time now, but a strong baht coupled with a weak pound supercharged this demand. Even...
Thailand homes

Office rents break records in July

Andrew Batt -
Bangkok office rental prices broke new records last month, with the average market-wide rate rising by 25 percent from its previous high in 2007. Despite...
Confused woman reading a book with question marks coming out from it.Thailand-Property.com

Communicating in Thailand

Virginia Ewart-James -
One of the biggest challenges for anyone moving to Thailand is the language barrier. But it’s important to remember that communicating in Thai doesn’t...

Condo Prices in Silom-Sathorn-Rama III Continues to Rise

Andrew Batt -
Located within or bordering central Bangkok’s CBD, the Silom-Sathorn-Rama III area has continued to see condo development, and the prices of such units continue...
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