Bangkok Apartments Blog

Thailand’s property market showing improvements
A boom in Thailand's property market is predicted and that economic growth in Thailand will reach 5 per cent next year when the domestic recovery finally starts to kick in later this year. However, economic growth forecasts have been revised downwards for 2014 to between 2-2.6 per cent after the protests in the first half of the year. Overall, Southeast Asia's outlook is also set to improve and the property markets across the region have seen adv... Read More

 

Thailand strengthens ties with China
The National Council for Peace and Order chief Gen. Prayuth Chan-Ocha sent special envoy Dr Somkid to deliver a message of friendship and cooperation to the Chinese president. The meeting was aimed at stepping up ties between the two countries that will see China's participation in Thailand's infrastructure projects. They include the high-speed train and water management projects among other investments. The two countries have had no history o... Read More

 

Russian investors keen on Thailand properties
According to the property website Tranio.ru, its latest analysis found an increasing number of Russian real estate buyers have shown an interest in properties in Thailand, among other countries that include the Czech Republic, the UK, Cyprus, Portugal and Croatia. The 2014 survey involved hundreds of agencies and real estate companies and the most popular properties in Thailand are from the low-budget sector, which are priced around the Bt2m to B... Read More

 

Bangkok sees strong demand for luxury condos
Due to be completed in 2016, there are three new Bangkok luxury condominium projects being developed by three listed companies, Quality Houses, Sansiri and Pace Development, that are worth more than Bt25 billion with prices ranging between Bt250,000-400,000 per square metre. The project prices are very high due to strong demand for luxury condos and also due to limited prime land being available for new developments. Quality Houses president a... Read More

 

Confidence returns to post-coup Thailand’s property market
The expectations are that Thailand will see between 10-15% growth in its property market due to a recovery in homebuyers' confidence. As a result, residential developers have revised their business plans and are due to launch additional projects in the second half of the year. Up to 70% of possible homebuyers that visited Pruksa Real Estate's residential projects in June decided to purchase a property. This was a vast improvement on the state ... Read More