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The tables are turning for Bangkok’s office market

Virginia Ewart-James -
Due to changing conditions the office market is shifting to a landlord's market. Bangkok's office market is performing well according to CBRE. The real...
buying Spanish real estate

Buying Spanish real estate offers more than a Golden Visa

Cheyenne Hollis -
There is a lot to love about Spain. The country has some of the best art museums, beaches and food in the world. And...
The International Property Show

Thailand’s best developers set for The International Property Show

Cheyenne Hollis -
Shoppers heading to Singapore’s ION Orchard between February 20 and 26 will be able to check out The International Property Show, a unique property...

Dot Property Thailand Awards set for July

Cheyenne Hollis -
#dotpropertyawardsThe Dot Property Thailand Awards will take place in July. Countless exciting projects from Thailand are in the running as anticipation builds for this...

JLL explain the future for the property market

Virginia Ewart-James -
Real estate firm JLL expect more of the same for the property market in 2017.  Data released from real estate firm JLL has said that...
LeadingRE

Exclusive: After impressive 2016, LeadingRE continues global push in 2017

Cheyenne Hollis -
Leading Real Estate Companies of the World® (LeadingRE) is the home of the world's market-leading independent residential brokerages in over 60 countries. Last year...
Thailand hotel transactions

Tourist numbers are up

Virginia Ewart-James -
A positive forecast for Thailand's tourist trade.Thailand often trumps the top of the chart as a chosen holiday destination. Holidaymakers from across the world...
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...
The 2017 Ocean Marina Pattaya Boat Show

Habitat’s growth in Pattaya

Virginia Ewart-James -
Habitat Group's luxury project on the shores of Pattaya. One of Thailand's most reputable property developers, Habitat Group Company Limited, is expanding its property...

Where is the least affordable place to own a home?

Virginia Ewart-James -
And that place is...Affordability is key when looking to rent or buy a property. Fortunately in Thailand, there is a such as wide variety...
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