Bangkok Apartments Blog

As military revives infrastructure projects, construction stocks and condo prices rise
Construction stocks and condominium prices have experienced robust gains in the last month in response to the ruling junta's moves on economic reform, including the Bt3 trillion infrastructure project. According to the Stock Exchange of Thailand, the construction form Italian-Thai Development's stock has rallied by over 30 per cent since the coup. Projects like the railway double-tracking and extensions to mass transit have helped price rises alo... Read More

 

Thailand’s condo market expanding in border areas
In some people’s minds, the continuing political upheaval has been stabilised after an escalation of social and political divisions reached crisis point. Now it is the job of the National Council for Peace and Order (NCPO) to deliver and put in place what the politicians couldn't or wouldn't do in the past. This will lead to Thailand's property market continuing to grow, not only in Bangkok but in locations associated with flourishing border tr... Read More

 

Has the coup in Thailand had a major impact on the property market?
We have been monitoring the Bangkok rental market since the coup in Thailand and we have seen no visible major impact on the property market in Bangkok. There were some fears when it happened but, if anything, both local and foreign property investors were quite expecting it and seem to view the military take-over as supporting a sense of stability after months of unrest. Bangkok, it would seem, has been quite immune to political disturbances.... Read More

 

Thailand’s economy, politics and the Bangkok real estate market
Thailand's economic growth dipped in 2013, mainly due to exports taking a hit, especially the government's calamitous rice pledging scheme, soaring household debt and a tapering off of consumption and investment. By December, added woes affected Thailand's GDP figures as political tensions rose and street protests started to take its toll on the economy. Thailand's precarious political fallout further dampening its economic and while economist... Read More

 

Coup has marginal impact on Bangkok real estate market
On 26 May, General Prayuth Chan-ocha, announced that he has been formally appointed to run Thailand under the new National Peace-and-Order-Maintaining Council (NPOMC) and the army took over the reins of power "to preserve law and order". The disruptions to the government did slow growth from a real GDP growth rate of 6.5% in 2012 but it has had little impact on Bangkok's real estate market. Despite initial concerns, the impact of the military ... Read More