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Property Perfect Hongkong Land

Property Perfect to launch 14 projects next year including JV developments with Hongkong Land

Cheyenne Hollis -
With activity returning to its sales galleries and a belief the situation is improving, Property Perfect announced it intends to launch 14 projects worth...
How to cope with a lack of space

How to cope with shrinking spaces

Andrew Batt -
As space in some of Asia’s big cities, including Bangkok, becomes ever more squeezed, an increasing number of businesses and consumers are turning to...

Look North for Phuket potential

Andrew Batt -
Since the tragic events in Phuket in Boxing Day 2004, land prices on the island have tripled in value. This surge in prices has...

Bangkok property ‘unaffordable’

Andrew Batt -
The Quality of Life in Bangkok is assessed in many reports throughout the year. In the latest mid-year 2015 report from website Numbeo.com, the...
Elite Flexible One program

Here are the Thai developers who have joined the Elite Flexible One program

Cheyenne Hollis -
At the start of this year, Thai Privilege Card launched the Elite Flexible One scheme to help stimulate overseas demand for real estate in...

How to Find the Perfect Apartment or Condo to Rent in Bangkok

Virginia Ewart-James -
Going through the process of finding an apartment or condo for rent in Bangkok is an important part of becoming an expat and thus...

Homebuyers’ Expo starts today

Andrew Batt -
One of the most popular events for Thailand property buyers and investors kicks off today (Thursday) at Bangkok’s Queen Sirikit National Convention Centre. Running until...
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

Cheyenne Hollis -
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....
Dot Property Southeast Asia Awards 2020 Charity Gala

Dot Property Southeast Asia Awards 2020 Charity Gala to celebrate real estate’s best in...

Cheyenne Hollis -
The Dot Property Southeast Asia Awards 2020 will celebrate the region’s best real estate developers, agencies and companies that contribute to the industry in...
Businessman holding a stack of blocks in the palm of his hand with the words Awarded.Thailand-Property.com

CBRE Thailand Receives Multitude of Highly Prestigious Awards at the 2014 Euromoney Awards for...

Andrew Batt -
At this year’s Euromoney’s Awards for Excellence, the renowned property management and advisory company, CBRE won first place in multiple award for Thailand, achieved...
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