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The year ahead for Thailand´s hotel and resort development sector will witness a rebound from the impact of the global financial crisis, local recession and domestic political turmoil, according to property experts. But while the outlook is less turbulent, growth will remain anaemic and patchy, and project financing will remain tight. Occupancy levels in Thailand´s […]

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While Phuket and Pattaya´s property markets have boomed over the past few years, with high-rise condominiums and luxury villas projects dotting the respective landscapes, something more moderate has been taking place along the Gulf of Thailand´s western coast. Hua Hin, which was established as the country´s first beach resort by King Rama VII in the […]

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BILL FACES ROCKY PATH by Greg Lowe Government proposals to change land taxation have been cautiously welcomed by the property sector but industry experts say clarification of the bill´s legal definitions are needed and that any new law must be applied evenly and transparently. Questions, however, have been raised by industry observers over whether the […]

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Renewed unrest on the streets of Bangkok has done little to boost confidence in the real estate market by Greg Lowe While the double-impact of economic downturn and political uncertainty will scare-off many potential investor’s in Thailand’s real estate market, it could also provide bargain hunters with better opportunities. The political turmoil will weigh down […]

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Thailand’s economic outlook remains decidedly bleak, but in Bangkok, some are bucking the trend by Greg Lowe Some Bangkok mid-range condominium projects are bucking market trends by achieving record sales amidst an increasingly negative domestic economic outlook. Developments in prime locations have sold out in a matter of hours in some cases, as developers resort […]

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Some property brokers and analysts forecast a 20-30 percent price correction as resort-grade property by Greg Lowe Some property brokers and analysts forecast a 20-30 percent price correction as resort-grade property undergoes a decline similar to plummeting markets in Hong Kong, Singapore and London. Others said the lack of buyer and developer leveraging means sales […]

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Political stability must be achieved before any government initiatives to stimulate Thailand´s flagging residential property market will be able to restore confidence, according to industry chiefs and analysts. Extending the current tax breaks for developers and buyers may take the sting out of any downturn but will fall far short of its target without more […]

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Thailand´s property market will be hit by the double impact of domestic politics and global economic turmoil next year, but while both prices and demand may fall by up to 20 percent as the Thai economy falters, the market´s sound fundamentals will continue to provide solid medium to long term profits for cash-rich investors. The […]

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by Greg Lowe Thailand´s property market will see little direct impact from the Lehman Brothers sell-off and corresponding US financial crisis, according to local analysts, but secondary knock-on effects may crimp sales, particularly at the top end. Lehman Brothers Holdings, one of America´s oldest investment banks, went bankrupt last September, with assets worth US$613 billion […]

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A lifelong passion for interior design and décor led Rafael Veiga to create RS Ventures, one of Thailand´s finest kitchen design companies. He explains how the recent boom in luxury villas and condominiums is boosting demand for high-end products, but notes the industry´s potential will continue to stagnate until the government cuts import duty and […]

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