Why Phuket Real Estate ?
2008-03-08 16:09:00
When planning a Phuket holiday choose both your season and your beach very carefully. Each of the island's beaches is quite different in atmosphere and density of hotel development. Below we list all major beaches, starting with the most densely populated, moving through to beaches with little or no habitation. First choose your beach, then look for a suitable hotel.Phuket is just 8 degrees from the equator, helping make the Andaman Sea especially calm compared to oceans in the colder climates where the spinning of the earth creates regular trade winds, and rough ocean conditions. The waters of the Andaman are warm all year around, averaging about 28 degrees Celsius even during the northern winter months when Phuket is at its best. This is the high' season - November to April - when the No
Read more: Estate
, Real Estate
Luxury Condominiums In Bangkok
2008-03-05 15:40:00
Bangkok's luxury condominium market will become more active this year and the new supply will continue to be limited, according to leading international property consultants CB Richard Ellis.The high-end and luxury markets, which faced a slight slowdown in 2007 mainly due to the low market sentiment, will become more active in 2008. Last year, the main focus in the Bangkok condominium market was in the mid-range market where projects are located close to the skytrain or other mass transit system. This segment will continue to grow and become more competitive.Investors are aware that freehold land plots in prime central locations are very limited and the increase in land prices has resulted in a drop in the new supply of luxury units in these areas, whereas demand for downtown city living i
Read more: Luxury
, Condominiums
, Bangkok
land for sale in Phuket
2008-03-03 09:55:00
If you have made the decision to buy land for sale in Phuket, there are many ways to set about finding the right plot. First of all, you should decide where you want the land and what you will do with it. Almost all the beach front land on the west coast of the island has been bought and developed, and any parcels that have not are so outrageously priced that even very high-end developers are giving them a miss. Currently, the east coast of Phuket is being developed at such a rate that it will rapidly catch up to the west coast but there are some good land parcels that have not been snapped up yet.The east coast of the island is covered in mangroves and has only a few scattered beaches. However, this coast opens onto the sheltered Phang Nga Bay, which offers year-round sailing that the wes
Pattaya turning heads of condo investors
2008-02-28 04:37:00
The number of units launched per year has also climbed, with 2,268 new units announced in 2007. Pattaya
itself received 33% of the newly launched units, with 11% and 22% in North and Central Pattaya respectively.The Jomtien area attracted 26% of the new launches, with 2% in Jomtien itself and 24% in Na Jomtien. Interestingly, 41% of new launches were located outside of the Pattaya and Jomtien areas, with growing interest for Si Racha and nearby Rayong.Condominiums are popular among international investors as they are more affordable and the only type of property in Thailand that a foreigner can own 100% freehold.
Read more: turning
Developers ride out tough 2007
2008-02-23 09:23:00
Despite tough conditions in the property industry last year, most leading listed developers still reported better performances with increases in net profits.Quality Houses Plc (QH) reported total consolidated revenue of 10.58 billion baht, down 4.3% from the previous year. Of the total, 9.057 billion baht was generated from sales of housing units, up 18.5% year-on-year, 1.118 billion from rental of office space and serviced apartments, down 14.76%, and 334.2 million baht from other sources.
Read more: Developers
North Shore has introduced to Pattaya the first schemes of shared or fractional ownership
2008-02-19 16:26:00
“What we are trying to do,” says Robert who is a Nottingham lad from UK with many years experience of sales and marketing behind him in Europe and Asia, “is to introduce a breath of fresh air to the real estate scene in Thailand. A chapter member of the Real Estate Brokers Association Eastern Seaboard, he’s committed to the highest professional standards and complete customer orientation in a property world where that sadly isn’t universally true. “REBA is really a customer’s guarantee of value for money,” he emphasises.
Read more: Pattaya
, North
, Shore
Condo projects facing oversupply
2008-02-15 16:05:00
Preuksa Real Estate director Prasert Taedullayasatit agreed with Issara, adding that this year would be a hard time for property developers of city condominiums if they did not change their concepts to meet customer demand."We believe the property developers that developing city condominiums by focusing on the lower to middle market may record losses rather than profits, if they do not change their condominium concept," he said.
Read more: Condo
Thailand moves to slow baht gains
2008-02-11 16:48:00
The central bank imposed limits on funds entering the country to slow currency gains
and protect exporters. Policy makers have gradually eased the controls, and last December lifted restrictions for real estate funds.The Bank of Thailand
sold about 1.3 trillion baht, or $39.5 billion, worth of bonds last year to financial institutions to absorb excess liquidity and curb the baht's appreciation, the deputy governor, Atchana Waiquamdee, said on Feb. 7.
Read more: moves
Thailand further relaxed its foreign currency controls
2008-02-05 17:29:00
The central bank also relaxed rules for companies and individuals buying property overseas, allowing real estate investments of up to 5 million dollars, up from 1 million dollars.Thailand
's economy has been hit by sluggish consumption and weak business confidence since the coup. The economy grew by 4.5 percent last year, among the slowest rates in Southeast Asia.
Potholes on the road to luxury Thai living
2008-02-02 03:56:00
"A lot of projects never get started because of funding difficulties," said Larry Cunningham, managing director of Phuket One Real Estate. "First-time developers often just have enough money to buy the land with no construction. When they don't get sufficient sales, it never gets built. In the future, this could be quite a negative for the market."
The Bangkok real estate market is one of the best for international investors
2008-01-28 00:08:00
Because of low labour costs and relatively inexpensive housing, many multinational corporations have made Bangkok
one of their overseas homes. This has, in turn, drawn a lot of international businessmen and expatriates to the city looking for high quality housing at reasonable prices. There continues to be a healthy demand for property, meaning that investments should continue to rise in value for the foreseeable future.
Local seers foresee a challenging year ahead
2008-01-21 21:01:00
Everyone is captivated by the future. Will my business be successful? Should I invest in the stock market? Will I earn more if I invest my money elsewhere? Maybe in real estate?No one is absolutely sure about the answers, yet some people seem to have uncanny ability when it comes to predicting the future.
Read more: Local
, ahead
Dusit International to launch region's largest Thai-inspired 'Devarana Spa'
2008-01-17 01:53:00
Devarana Spa, the luxurious Thai-inspired spa chain and part of the internationally reputed Dusit International
Group, has announced the launch of a 1800 square metre spa at the Al Osaimi Group's AED 1 billion luxury resort, spa and residence project located on the Crescent of The Palm Jumeirah. The move follows an earlier agreement signed by Dusit International and Al Osaimi Group for the management of the project and the inclusion of the hotel's world-class spa facility featuring traditional Thai service and hospitality.
Read more: region
Millennium Resort Patong opens in Phuket
2008-01-12 17:52:00
Millennium Resort
Patong hotel is owned by Phuket Square Company Ltd and managed by M&C. Phuket Square Company Ltd is the owner and developer of the Phuket Jungceylon shopping and leisure complex where the M&C hotel is located.In March 2006, Real Estate Capital Asia Partners L.P (RECAP) through Dolruethai Co.,Ltd acquired a 95% interest in the Phuket Jungceylon project, a mega hotel and retail complex of two million square feet. RECAP is a private real estate fund in which the City Developments Limited Group (CDL) has significant interest with a US-based investment fund and other limited partners.
Read more: Millennium
Building an attractive investment platform
2008-01-07 10:03:00
Thailand's property market has come a long way in the last 10 years, but more needs to be done to build investor confidence, shore up the industry's foundations and further develop Thai real estate's international appeal.A new government brings with it the opportunity for change, in particular the chance to alter existing policies on the foreign ownership of property. Moves should be made in the opening up of access to local finance for non-Thai buyers, and in creating more flexibility in the current juristic arrangements for condominiums, to ensure longer-term upkeep and maintenance of developments.
Read more: Building
, attractive
, investment
Phuket land prices skyrocket
2008-01-01 01:30:00
The highest land price increase as a percentage for plots along a main road was 535%, for land on the Baan Don-Layan road in Cherng Talay. Prices for plots along that road rose from 2,000 baht per square wah (four square meters) to 12,700 baht, due to the large number of high-end developments in the area.Land plots along Baan Layan-Baan Sakoo road in Sakoo also saw a dramatic price rise – an increase of 400% – from 2,000 baht to 10,000 baht per square wah, while land plots along Ton Sai Rd in Thepkrasattri rose 324%, from 2,500 baht to 10,600 baht per square wah.
Real Estate on the Rise
2007-12-28 14:19:00
WHILE U.S INVESTORS are reeling from subprime-lending woes, a different housing scenario is playing in ex-Japan Asia: Residential-property prices and real-estate stocks are skyrocketing. Officials in Singapore, Taiwan, South Korea and China have warned of bubble-like valuations in urban housing. And if a global economic slump forces central banks to cut rates further, surging real-estate prices are likely to go much higher before taking a breather.That's good news for Asian housing shares. Despite a recent pullback, real-estate stocks are up on average 50% in Hong Kong this year, 60% to 70% in India and China, more than 30% in Malaysia, the Philippines, Thailand and Indonesia, and about 20% in Singapore. Only in Japan have real-estate shares retreated.
Read more: Estate
, Real Estate
Phuket Real Estate’s Most Popular Concept
2008-03-13 13:28:00
Nestled atop the hillside above Kata Beach, just a short drive from the white sandy beaches and charming sea-side village of Kata, The Heights Phuket showcases stunning views of the Andaman Sea. With easy access to world-class amenities and recreational choices at your discretion, experience the luxury of complete island living, all from the comfort of one of Phuket's most exclusive residences.One-2-Property is your portal to your dreams of living in the real natural beauty on Phuket Island, Southern Thailand.
Read more: Estate
, Concept
Thailand is currently one of the best countries in the world to make a property investment profit
2008-03-17 03:27:00
Especially profit
able are resort properties on Thailand
's islands like Koh Samui, and Koh Phangan and even the mature market of Phuket still has fight left in it. In fact people who bought a property
on Samui and Phuket two years ago have sold recently for a 100% profit.Phuket was popular before Koh Samui and as a result you won't get a resort villa there for very much under £500,000. With its world class white sandy beaches, tropical climate and in-land jungle, Phuket has become the place where the rich and famous buy their holiday homes.
Read more: investment
Modernizing the deadly sins to protect gullible property buyers in Pattaya
2008-03-20 06:23:00
The new government has just passed a new law to protect all property
buyers by introducing the “Escrow Account Systems”. The commercial banks will be permitted to undertake “Escrow Account Business”. The advantage for the property buyer in using an escrow account is to protect the down payment. If the buyer outs the down payment in an escrow account, the developer cannot use that money until the developer fulfils certain conditions of the escrow agreement.If the project is not completed within the time schedule, the bank who is the escrow agent will return the money to the buyer. Most developers will hate this new law because the down payment will go to the bank not the developer. The buyer will not have to sue the developer in the Court of Justice which will take more than a year.
Read more: deadly
, gullible
, Pattaya
A need for real estate authors from Thailand
2008-03-23 19:05:00
Hi, its Tam Tree, hope you like the Thailand
real estate news blog.I need real estate authors
from Thailand to help me coverage the areas of Ko Samui and Phuket.Please send email if you like to participated in this effort. Thanks a lot !tamtree@gmail.com
The Government’s policies and the Real Estate Sector for the Betterment of Thailand’s Economy
2008-03-28 15:32:00
Deputy Prime Minister and Finance Minister Mr Surapong Suebwonglee gave a lecture under the title “The Government
’s policies and the Real Estate
Sector for the Betterment of Thailand
’s Economy in 2008” on Wednesday morning.During his speech, Mr Surapong expressed confidence that several policies to be implemented by the government will boost the country’s overall GDP growth by another 0.2-0.3 per cent on top of the initial forecast of 5.5 per cent for 2008.
Villa dev hits Pattaya market
2008-04-02 03:38:00
A new 27-unit pool villa development near the undeveloped Soi 7 area of Na Jomthien has just been launched onto the Pattaya
market.Construction is now well underway on the Royal Ambassador Residence and three show villas, the clubhouse, guardhouse and much of the development´s infrastructure have already been completed.The project sits opposite the Ambassador City Hotel, 700 metres from Na Jomthien’s Soi 7 and while much of the rest of the surrounding area is still in its natural state there are big plans afoot for the location - which could spell substantial rental yields for investors. “The area is still unspoiled,” says Gino Mifsud, the project´s director of sales and marketing. “however, it is earmarked for a major entertainment development.”
Read more: Villa
Buying property in Phuket
2008-04-08 18:47:00
Real estate in Phuket is, in some respects, a lot more established and sophisticated compared to other coastal regions, like Pattaya, Krabi and Koh Samui. There is a wide range of estate agents: Phuket One Real Estate, Tropical Homes and Knight Frank to name a few. This alone attracts a large number of foreign investors to a market once dominated by buyers from Hong Kong and Singapore. Phuket real estate is now seeing a large influx of European and American buyers. The common price tags for properties ranges from 5 million to a 20 million baht, largely depending on location and size, with beachfront and sea view properties going for significantly higher prices. Phuket was very heavily marketed in the 1990s by Laguna Phuket - an area of man-made lagoons in the Bang Tao district. A lot of sp
Read more: Buying
, property
Property sector looks set to prosper in 2008
2008-04-12 11:23:00
Thailand real estate - Foreign investors are expected to invest up to Bt70 billion in the Thai property sector
this year, following the lifting of the Bank of Thailand's 30-per-cent capital reserve requirement.Retail, office, serviced apartment, hotel and resort properties in Thailand are now being sought by real estate investment trusts and property firms from the United Kingdom, the United States, the Middle East, Japan and Australia.According to research by international property agency Colliers International, investor confidence in Asian property investment has risen, with strong interest focused on Thailand. Following the removal of the capital reserve requirement, Thai assets have become more attractive, with the potential to generate annual returns of 20 per cent or more.
Read more: prosper
Modernizing the deadly sins to protect gullible property buyers in Pattaya
2008-04-15 10:45:00
Pattaya real estate - The new government has just passed a new law to protect all property
buyers by introducing the “Escrow Account Systems”. The commercial banks will be permitted to undertake “Escrow Account Business”. The advantage for the property buyer in using an escrow account is to protect the down payment. If the buyer outs the down payment in an escrow account, the developer cannot use that money until the developer fulfils certain conditions of the escrow agreement.If the project is not completed within the time schedule, the bank who is the escrow agent will return the money to the buyer. Most developers will hate this new law because the down payment will go to the bank not the developer. The buyer will not have to sue the developer in the Court of Justice which will
Read more: deadly
, gullible
, Pattaya
Invest in luxurious and exotic real estate of Phuket islands
2008-04-18 11:04:00
Located on the southern gateway of fantastic landscape, property in Phuket is the most exciting development in the nearby Thailand area. Real estate Phuket is situated in the vicinity of Phuket International Airport and is well connected with waterways. Phuket property is provided with 24X7 security provision to the residents along with quality lifestyle amenities such as golf course, shopping, dining resorts, shopping outlets, hospitals and airports. Phuket private islands are famously known as Barama Bay and situated in the at the Jumeriah Private Island Phuket, it offers state of the art luxurious, privately owned, real estate that offers ample luxury. Jumeriah Island is developed by TGR Group and is spread across an area of 80 acre. So, if you are looking for Phuket villas, phuket isla
Read more: exotic
Hua Hin - Coming of Age
2008-04-20 21:58:00
HUA HIN, Thailand (April, 2008) - Thailand is a country of amazing beauty and intriguing culture, with a tropical climate, and inhabited by some of the friendliest and most hospitable people in the world, it has become even more affordable for international investors.In particular, the Hua Hin property market is still undiscovered, which means that property prices remain far below those in the more established European markets, and well below other primary destination locations within Thailand itself. Yet, although they are relatively inexpensive, they are still projected to grow at a rate 10-15% a year. The primary reasons for this include the high cost of comparable resort locations, both in Thailand and around the world; the limited supply of develop able coastal properties wor
Massive Nordic boom set to hit resort towns
2008-04-24 18:28:00
Scandinavian investors are expected to invest up to Bt16.2 billion in residential developments in Thailand this year and the next. This money will flow into tourist destinations such as Rayong, Hua Hin, Koh Samui and Phuket, according to research by Colliers International (Thailand).The company's managing director, Patima Jeerapaet, said Swedish investors figure most prominently in the list, followed by Finns.The main residential projects developed by Scandinavian investors include villas, resorts and condominiums at tourist hotspots.
Golden Tulip eyes 20 hotels in Thailand
2008-04-29 02:41:00
Thailand is a major destination in the region for both business and leisure travellers, according to Mark van Ogtrop, Golden
Tulip Southeast Asia's managing director.The expansion to Thailand is part of the company's plan to spend about 25 billion baht in Southeast Asia over the next four years. In that time, it hopes to develop 20 hotels in Thailand. Of those, 60% will be the three-star Tulip Inn, 35% the four-star Golden Tulip and 5% the five-star Royal Tulip.There are four confirmed projects in the initial stage, including two Tulip Inn hotels in Bangkok at Sukhumvit Soi 4 and another one in Chao Phraya Riverside, one Golden Tulip Resort in Samui and a Tulip Inn Patong in Phuket.
Read more: Thailand
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