Thailand hotel transactions

Tourist numbers are up

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?

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

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?

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...
AP is ready for 2017

AP “thinks differently” to find success

Many people wonder what is the secret behind AP Thailand’s success? The answer is simple. The developer “thinks differently” which allows it to create...
Taiwanese investors are now flocking to Thailand

Chinese and Taiwanese investors agree about Thai property

There are not a lot of things China and Taiwan agree upon. And while Beijing and Taipei may not see eye-to-eye, Chinese and Taiwanese...
Dot Property Magazine 16 Thailand

Thailand Property Magazine is now Dot Property Magazine

In order to better serve readers and provide more comprehensive content on a regional level, Thailand Property Magazine has merged with Dot Property’s regional...

Infrastructure opens up new areas

Developers are likely to branch out at the infrastructure network improves. Much of Bangkok's condominiums are scattered along the city's mass transit network lines. Heavily...

Curbs placed on Chinese

Property market is unlikely to be negatively affected by restrictions placed on Chinese.The Chinese are known globally for their property shopping sprees. Investing in...

The lap of luxury

The luxury sector of Bangkok's residential market has performed well over 2016.Thai investors are playing a pivotal role in the drive for luxury property in...

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