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Thailand listed property developer Quality Houses has entered the high-end condominium market with the launch of its first super luxury project – Q Langsuan. The 36-storey freehold development is located on a more than 2-rai land plot on Langsuan Road in central Bangkok, and features 177 two- to four-bedroom units, pool villas and penthouses, ranging [...]
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Bank of Thailand Deputy Governor Krirk Vanikkul on Monday warned commercial banks not to be complacent about the risky property market bubble, saying the problem might occur in the near future. Although the property sector bubble remains not worrying for now, commercial banks should not be too complacent because the problem can occur anytime in [...]
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The Royal Thai Government remains committed to implementing a proposed asset tax that will affect property owners across the country said Finance Minister, Korn Chatikavanij, at the Foreign Correspondents’ Club of Thailand, Wednesday. The proposed bill has been approved by the cabinet and is currently being vetted by the Thai Attorney General, but is unlikely [...]
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The property market shows signs of recovering in the second half of this year if the country’s political situation remains stable, Aliwassa Pathnadabutr, managing director of CB Richard Ellis Thailand, said in an interview with The Nation last week. Since the red-shirt demonstration was broken up on May 19, the property market has steadily recovered [...]
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Thailand’s Real Estate Information Centre has earmarked the Ramkhamhaeng, Hua Mark and Krungthep Kreetha areas – which have seen increasing numbers of developments in the past five years – as being hot spots in the Thai capital.
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The property sector is responsible for almost half of all complaints received by Thailand’s Office of Consumer Protection Board (OCPB).
During the nine months from October 2009 more than 48 per cent of a total of 6,000 complaints related to property companies, all of which involved failures to honour contracts.
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Major Development has strengthened its place in Bangkok’s booming condominium sector by revealing plans to launch three new projects under its new ‘M’ brand during the second half of this year. The first project to be launched in the third quarter bu the Thailand listed developer is M Phayathai, a high-rise condominium located just 100 [...]
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Bangkok Post reported that investment activity in Bangkok’s property market remains robust, reaching THB 3.5 billion during the first 6 months of 2010 despite political unrest. Mr Umpon Thepnumsommanus investment director at property consultant Jones Lang LaSalle said that the transactions concluded by the firm were for the sale of a portfolio of office condominium [...]
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Casa Ville, a subsidiary of Thailand’s leading property developer Q House, is jumping headlong into Bangkok’s competitive condominium market with the launch of its 8-storey project – Casa Condo Ratchada-Thaphra. Located on a two-rai plot of land very close to both the BRT and BTS rapid transit systems, the THB540 million (US$16.7 million) project consists [...]
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Bangkok condominium developer Siam Home Development revealed strong confidence in the local market by announcing the launch of two new projects during the second half of this year. Chief Executive Kuldip Phichitsingh said the company will continue its focus on developing city condos after achieving success from its first property, @City on Sukhumvit 101/1. The [...]
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Thailand property developer Raimon Land has teamed up with Cortina Watch, to bring some of the world’s most sought-after timepieces to future residents of its The River project, which it describes as Bangkok’s finest waterfront address. In an exclusive offer, buyers of units at The River will receive vouchers worth up to THB700,000 (US$21,600) to [...]
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Thailand’s home building market will continue its growth in the second half of 2010 but the market value as a whole will drop slightly year-on-year, says the latest report by PD House Home Builder Centre. The political instability in the past two months partially affected the market. The number of new build units in Bangkok [...]
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