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....
Best Luxury Villa Development Landscape Design went to Pirom at Vineyard

Meet some of the most impressive designs in Southeast Asia

There are many types of designs in the real estate sector. Architecture, interior and landscape are among the most well known, but even fields...
Dot Property Awards 2021

There’s still time to enter the Dot Property Thailand Awards 2021

It’s not too late to enter the Dot Property Awards 2021. This is the chance to see how you measure against the real estate...
8Villas Riverside

Only two villas remain in Khon Kaen’s most exciting residential estate

Your chance to own a home in Khon Kaen’s most exciting residential estate will soon be gone. Only two villas remain at 8Villas Riverside,...
COVID-19 Impacted the Thailand Property Market Dot Property Group Report: How Has COVID-19 Impacted the Thailand Property Market?

Real estate agents share how COVID-19 has impacted the Thailand property market

This article on real estate agents in Thailand appears in the Dot Property Group Report: How Has COVID-19 Impacted the Thailand Property Market? Click here to...
much-improved Phuket

Don’t call it a comeback but signs of life return to a much-improved Phuket

Despite early skepticism, the Phuket Sandbox helped get the island’s tourism recovery efforts started. Nearly 35,000 people visited between July 1 and September 15....
video

The Best Luxury Condo Development in the Philippines is…

When RLC Residences revealed they would be working with legendary hospitality firm Westin on a branded residences project in Metro Manila, there was a...
residential demand CBRE Thailand

CBRE Thailand says end users driving residential demand

End users are leading residential demand in Thailand with luxury houses and superluxury condominiums being the most popular options. According to CBRE Thailand, those...