View of Phuket beach and ocean and a boat.Thailand-Property.com

Purple Line to start in May 2016

Public test runs of the MRT Purple Line have been scheduled for May 2016, now that construction has been completed according to the Mass...
Greater Sukhmvit condo market

Greater Sukhumvit remains the most popular condo location in Bangkok

This article on the Greater Sukhumvit condo market appears in the latest Dot Property Group Report. Click here to download your copy.Unsurprisingly, Greater Sukhumvit is...
Dot Property Thailand Awards 2022

Time is running out to enter the Dot Property Thailand Awards 2022

There is still time to enter the Dot Property Thailand Awards 2022. However, you are going to need to act quickly to ensure you’re...

Boom in downtown Bangkok retail

Average retail rents in downtown Bangkok locations increased by 3.1 percent quarter-on-quarter (q-o-q) and 12.9 percent year-on-year (y-o-y) during Q2 to stand at THB...
Thailand People’s Choice Award for Project of the Year 2020

Vote now for Thailand People’s Choice Award for Project of the Year 2020

Voting is now open for the Thailand People’s Choice Award for Project of the Year 2020. There are 14 outstanding developments vying for this...
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....
benefits of the Portugal golden visa program

What are the benefits of the Portugal golden visa program?

The Portugal Golden Visa Investment Seminar is coming to Bangkok on September 10 and 11. Click here to secure your spot at the free...
Dot Property Awards 2020

There is still time to enter the Dot Property Awards 2020! Here’s what you...

The Dot Property Awards 2020 will be hosting events in Vietnam, Thailand and the Philippines in the coming months. If you want to join...
Habitat Group

Habitat Group focuses on Japanese expat market for newest Thonglor projects

Developer Habitat Group is making a THB2.8 billion investment in two new luxury low-rise condominiums as part of a joint venture agreement with List Group,...
Tropical beach, traditional long tail boats, famous Maya Bay, Thailand.Thailand-Property.com

Sansiri’s Rain on course

Rain Cha Am – Hua Hin is 85 percent completed and on course for a November handover, according to the results of a site...