Archive for June, 2009

LOCATION, LOCATION, LOCATION

Thursday, June 18th, 2009

Although the property market is very dull right now the malaise is not expected to continue much longer

PROPERTY SCENE: FUTURE TRENDS IN BUYING LUXURY PROPERTY

Thursday, June 18th, 2009

More and more wealthy people in Bangkok are shifting from living in a house to a condominium.

No witch-hunt, says Lands Department

Thursday, June 18th, 2009

Foreign ownership debate intensifies “We have some regulations and processes to investigate illegality ..”

Everyone wants a bargain

Friday, June 5th, 2009

Source - Bangkok Post
May 29, 2009
By Nina Suebsukcharoen
In today’s buyers’ and tenants’ market, companies push for lower rents and condo buyers snap up dwindling supply.
The fallout from the global economic crisis and local political strife is being felt in both the office and residential real estate markets. Struggling companies are pushing for reduced [...]

Industry’s Quick Overview

Friday, June 5th, 2009

The Thailand’s real estate industry at present has been dominated by the top 8 companies which occupy more than the 60% of total market share or approximately 120,000 Million Baht from the total market cap of 200,000 Million Baht. Strong balance sheets and excellent cash positions are now allowing those top companies to purchase development [...]

B5bn vote of confidence from Israel

Friday, June 5th, 2009

Source - Bangkok Post Website
May 28, 2009
Pace mixed-use project worth B18bn
The Israeli investor Fishman Group has cast a vote of confidence in Thailand, planning to invest 5 billion baht in a property joint venture with Pace Development.
The partners will develop the MahaNakhon mixed-use project worth a total of 18 billion baht near the [...]

AP raises 2009 target by 10%

Friday, June 5th, 2009

Source - Bangkok Post Website
May 25, 2009
CEO: Sentiment begins to improve
Listed developer Asian Property Development Plc (AP) has raised its 2009 revenue target by 10% and will launch 12 projects worth a total of 21.27 billion baht by the first quarter of 2010.
Market sentiment improved in May, despite the riots in mid-April, [...]