Owner: Bangkok Property Forum URL:http://www.soho-properties.com/bangkok_property_forum/ Join Date: Sat, 09 Feb 2008 03:54:48 -0600 Rating:0 Site Description: Soho Properties has set up a property forum to release articles relating to Bangkok property with the help of WordPress. We hope to make it as comprehensive a resource as possible that integrates information from not only our own site but from other reput Site statistics:Click here
Bangkok’s luxury condo market to be more active this year 2008-03-06 01:04:12 Source: The Nation
Luxury condos expected to pick up
Bangkok
’s luxury-condominium market will become more active this year, and the new supply will continue to be limited, says leading international property consultant CB Richard Ellis.
The high-end and luxury markets, which faced a slight slowdown last year, mainly due to low market sentiment, will become more active this [...]
Real Estate / Reaction To New Government 2008-02-27 02:29:34 Industry sees confidence rising
Source: Bangkok Post
The property industry is confident that the formation of the new government will lead to a gradual recovery of the real estate market and consumer confidence by the third quarter of the year, says Somchao Tantaterdtham, president of Thai Real Estate
Association.
He said foreign investors remained interested in entering the [...] Read more:Government
, Real Estate
Sub-prime mortgage woes won’t affect Thai property sector, says executive 2008-02-27 02:28:31 BANGKOK, Jan 29 (TNA) – The sub-prime
lending crisis in the United States will not escalate to the extent that it could adversely affect the Thai propertysector
and overall economy, according to an industry executive here.
Sophon Pornchokchai, chairman of the Agency for Real Estate Affairs Co, said as a property price estimator he believed [...]
Bin Haider puts Thai properties on offer 2008-02-27 02:27:49 Source: www.khaleejtimes.com
DUBAI -The property investment scenario in both locally and abroad shows on an encouraging up trend.
Keeping with this trend, Dubai’s well known property management and real estate developer Bin Haider Real Estate, is offering investors its properties in Phuket, Thailand.
The company gives investors opportunities to visit and choose from its properties there.
Bin Haider has [...]
Thai Architect expo 2008-02-27 02:18:46 Source: The Nation
Architect
s to stage expo
The Association of Siamese Architects, under royal patronage of His Majesty the King, has budgeted Bt200 million to organise Unplugged Architect ‘08 from April 30 to May 4 at Impact Muang Thong Thani.
President Sinn Phonghanyudh yesterday said as many as 330,000 visitors were expected.
Some 600 booths, both domestic and from [...]
Nine-route city rail plan won’t help to boost property just yet 2008-02-27 02:17:45 Source: Bangkok Post
Visit: The question is when the new lines will be built?
The nine-route
city rail plan unveiled with flourish by Prime Minister Samak Sundaravej has created a stir, not least in a real-estate market that is looking for good news. But Visit Kunatharakul has one simple question: where is the money coming from?
‘’If they [...] Read more:property
Good strategy needed for small developers 2008-02-27 02:16:48 Source: Bangkok Post
Expert advises strong brand, good location. Tawatchai: After-sale service most important.
A strong brand in a good location, smaller projects and good after-sales service are the keys for small and medium-sized developers seeking smooth project loan approval, says Tawatchai Sudtikitpisan, the president of Kiatnakin Bank Plc (KK).
He said that most of the smaller developers, [...]
Thai property developers ride out tough year 2008-02-27 02:15:31 Source: Bangkok Post
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 [...]
Samui expected to pass Phuket as most expensive resort destination 2008-03-21 02:10:56 Source: The Nation
The 10 or so luxury resorts planned for Koh Samui over the next five years will make the island the most expensive destination in the Kingdom.
The Mandarin Oriental, the world’s top chain of luxury hotels, is considering building a resort on the island. It will be its third property in Thailand, following Bangkok [...]
Woraluk offers a veritable walk in the sky over Sukhumvit Road 2008-03-21 02:10:09 Source: The Nation
Woraluk Properties has launched the Sky Walk Condo project on Sukhumvit Road near the Prakanong Skytrain station.
The name “Sky Walk” comes from a unique feature of the condominiums - a see-through floor which will provide a direct view of the streets below.
Cinema tycoon Wichai Poolworaluk, who owns the company, said the 47-storey building [...]
Thai finance minister upbeat vis-a-vis property sector growth 2008-03-21 02:09:14 BANGKOK, March 14 (TNA) – Finance and Deputy Prime Minister Surapong Suebwonglee on Thursday voiced confidence that business in the propertysector
would grow markedly in the second half of this year after measures issued to stimulate the sector take effect.
Speaking after presiding over the opening of the 18th House and Condo Fair exhibition, he [...] Read more:finance
, upbeat
Thai Property Set For Rebound After Missing Out On Asian Boom 2008-03-21 02:08:20 Source: The Nation Mar 14 2008
Asian
property markets weathered last year’s global financial storm triggered by the sub-prime fiasco in the US and are expected to perform well this year, says Jones Lang LaSalle.
The prediction came in the real-estate-services firm’s latest Asia-Pacific Property Digest.
Rental and capital-value growth over the past 12 months has been generally [...] Read more:Rebound
, Missing
Partnership and corporate law upgrades - Thailand 2008-03-21 02:07:30 Source: Bangkok Post/TILLEKE & GIBBINS
‘Why seven shareholders?” is a question businessmen have pestered corporate
lawyers with for years, but it is about to become a thing of the past.
The Thai government, prodded by the Commerce Ministry, is adopting major amendments to several partnership and corporate law provisions with the aim to simplify or do away [...] Read more:upgrades
, Thailand
Home builders say prices in Thailand will rise in Q2 2008-03-21 02:04:55 Source: Bangkok Post
Home builders plan to raise prices by 3-5% in the second quarter of the year as costs of construction materials will start increasing in line with rising demand stimulated by the government’s new tax incentives, says Sakda Kovisuth, the president of the Home Builder Association.
‘’The incentives and the cancellation of (the Bank of [...] Read more:Thailand
Land prices in Thailand on the fast track 2008-03-21 02:03:43 Source: The Nation
Bt500-bn investment in mass-transit rail network drives huge increase
Prices of land around the new routes of the mass-transit rail network have risen by 10 per cent to 100 per cent this year since the government confirmed an investment of up to Bt500 billion in the next three years.
The nine routes announced by Prime [...] Read more:Thailand
New EIA rules force developers to rethink 2008-03-25 05:26:25 With concerns about global warming on the rise, the Thai government has issued a requirement for all new condominium projects to include a certain number of trees to offset air conditioning emissions — a move developers say will cut deeply into their profit margins.
The Office of Natural Resources and Environmental Policy and Planning issued a [...] Read more:rethink
Long-term gains with ‘green’ REITs 2008-03-25 05:24:05 As environmental awareness goes from buzz to best business practice, real estate investment trusts at the forefront of the so-called “green” movement could reap long-term rewards.
An earlier adopter of eco-sensitive development and redevelopment, industrial REIT AMB Property Corp. has unveiled a 3 million square foot green distribution facility in Savannah, Ga., and announced plans to [...] Read more:gains
Global views on sustainability 2008-03-25 05:23:26 CoreNet Global
, an international association of workplace and corporate real estate executives, and Jones Lang LaSalle, a real estate service provider, queried more than 2,300 attendees of CoreNet Global Summits on four continents in recent months, with 414 responding.
After analysing the responses, the two groups learned that a large majority of companies around the world [...] Read more:views
Asia real estate less volatile in US sub-prime crisis 2008-03-25 05:22:42 At the heart of the US sub-prime
crisis is the ‘securitisation’ of inferior US housing loans. Given high interest rates of 8-9 per cent per annum, or even higher, these so-called CDOs (collateralised debt obligations), were snapped up by many institutional as well as individual investors, including big hedge funds.
However, many of the sub-prime mortgage [...] Read more:Asia
Soho Properties opens new branch office in Pattaya 2008-04-02 05:56:27 Soho Properties
Ltd, a leading real estate agency company, is pleased to announce the formation of our new branch office
in Pattaya
. Located in the heart of city at the junction of Third Road and South Pattaya Road we offer complete real estate and related services. This new branch office will better serve the entire [...]
Buying and investing in ‘enticing and enigmatic’ Vietnam 2008-04-02 04:49:14 Vietnam is attracting much attention from overseas developers and investors because it is one of Asia’s most enticing markets. The country’s appeal is explained by a combination of positive factors.
Strong economic growth over the last ten years and admission to the World Trade Organization (WTO) in late 2006 are coupled with dream demographics of a [...] Read more:Buying
, enigmatic
, Vietnam
Pattaya property prices take off 2008-04-02 04:46:04 According to a recent research report by property
firm Raimon Land, resale prices of luxury condominium projects in Pattaya
have surged by up to 100 per cent due to strong demand from foreign investors, especially from Russia and the UK.
As a result, the resale price of luxury condominium projects in Pattaya have increased from [...]
Thailand’s ‘First “Green” Destination Resort’ – LEEDing the Way 2008-04-02 00:35:12 The latest environmentally friendly condominium features and amenities aren’t just good for the planet, they also look great and are a huge draw for conscientious buyers wanting to help the earth by making smarter purchases and lifestyle decisions, even if that means that buying “green” means paying slightly more. From energy-efficient light bulbs to solar-paneled [...] Read more:Thailand
, First
, Green
, Destination
, Resort
Facilities Management goes green 2008-04-04 04:57:38 There are currently significant concerns among Thai property developers and investors that new projects will not be able to launch or even start the construction. This follows the Office of Natural Resources and Environmental Policy and Planning (ONEP) recently asking a Bangkok district office to halt the construction of a condominium developed by a SET-listed [...] Read more:Facilities
, Management
Exaggerated Ads - Developers of land get a warning 2008-04-04 03:59:59 Source: Bangkok Post
The Consumer Protection Board has warned developers of housing projects that they will face a jail term and a fine if they are found to have exaggerated their projects in advertisements.
Nirot Charoenprakob, deputy secretary-general of the Consumer Protection Board, said he recently called a meeting with developers of housing projects to warn them [...] Read more:Developers
, warning
Plus forced to scrap top floors - 11 buildings violate height restrictions 2008-04-04 03:58:55 Source: Bangkok Post
Plus Property Co, a subsidiary of Sansiri Plc, will remove the top floors at 11 of its Condo One low-rise condominiums to comply with city building limits.
Chief executive Mayta Chanchamcharat said the company would also refund down payments to any unsatisfied buyers. The renovation and redesign could cost the company up to 400 [...] Read more:forced
, violate
Prinsiri admits wrongdoing 2008-04-04 03:58:09 Source: Bangkok Post
Built condos without construction permits
The listed developer Prinsiri Plc (PRIN) admitted that it illegally started construction on The Pulse Phahon Yothin 37 condominium as it did not have the proper construction permits.
The Bangkok Metropolitan Administration forced the company to stop construction. Now Prinsiri says it will belatedly follow the law and wait for [...]
A diamond to shine on Ratchadaphisek 2008-04-04 03:57:14 Source: The Nation
Coming up from the subway at Ratchadaphisek Station, one can see the Diamond Ratchada condominium project, which has three buildings worth a combined Bt2 billion.
Property developer Diamond Ratchada, a subsidiary of Ch Chaiyaphatra Construction, developed the three condo buildings. These include Building A, with 432 units worth Bt1.4 billion; Building B, with 136 [...] Read more:diamond
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