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Japanese hotels are investing more in Thailand

Japanese hotels are investing more in Thailand to meet rising demand for high-end accommodation, vying for market share with such global players as Marriott of the United States and Accor of France. Okura Nikko Hotel Management Co plans to set up a third hotel in 2021 after opening its 22-story, 301-room Hotel Nikko Bangkok in January with a luxury Japanese restaurant, an outdoor swimming pool and...

Emerging South East Asia real estate

"Governments focus on policy change and infrastructure to attract foreign investors," says Colliers International's white paper 'Decoding South East Asia Real Estate: Insights for Owners' Colliers International recently released a white paper Decoding South East Asia Real Estate: Insights for Owners, which provides market snapshots for six emerging markets and outlines real estate investment...

Thailand Real estate developer targets Europeans

Europeans are flocking to Thailand for retirement -- fleeing high eldercare costs and cold weather -- and some savvy real estate developers are cashing in on the trend. Helmut Buchberger, managing director of Difference Living Co, said properties with services for retirees during their golden years (ages 65-80) are fulfilling a need in the residential sector. (adsbygoogle =...

Rising interest in Bangkok’s riverside properties

Demand for residential property overlooking the Chao Phraya River is rising as Bangkok residents rediscover their riverside heritage. At the end of 2018, the total completed condominium supply in the riverside area was 15,506 units, a figure that has remained unchanged since 2016. This accounted for 10% of the 148,793 completed units in the downtown area as of the end of 2018....

CP Group Planning Investment of Bt4 billion in 2019

CP Group Planning Investment of Bt4 billion in 2019

CP Land Co Ltd, a property arm of Charoen Pokphand Group, plans to invest up to Bt4 billion this year, chiefly in the development of residential projects, office buildings, hotels, industrial estates and alternative energy. (adsbygoogle = window.adsbygoogle || ).push({}); Chief executive officer Sunthorn Arunanondchai said on Friday the company expected the investments to earn a net...

The Growth of Chinese Demand in the Thai Real Estate Market

China is playing a growing role in Thailand’s property market

China is playing a growing role in Thailand’s economy and property market, according to CBRE, a leading international property consultant. A total of 10.5 million Chinese tourists visited Thailand last year, accounting for 30% of total arrivals. This number has grown by 1,175% over the last ten years. (adsbygoogle = window.adsbygoogle || ).push({}); Chinese nationals now comprise...

Bangkok Resale Market in 2019, Are people buying resale Bangkok condos?

CBRE Thailand has seen an increase in demand for the existing second-hand market from Q4 2018. Are people buying resale Bangkok condos? There is perhaps no bigger question for property investors holding assets in the Thai capital. New research from CBRE Thailand found that many buyers are now looking towards resale units instead of new condos due to skyrocketing prices in the city centre....

Thailand Real estate players

Thailand Real estate players hope for stability, consistency and peace after the election

Political stability, policy consistency and a peaceful environment are the top requirements of local and foreign developers from the new government, rather than any incentives to boost the property market. Barny Swainson, senior director and head of agency at property consultant Colliers International Thailand, said foreign investors are likely to continue their investment in the Thai property...

Phuket’s hotel and property players look north

One of Greater Phuket’s real estate and hotel market’s that has a decided buzz of late is the area north of Phuket over the Sarasin bridge in Phang Nga. In Natai Beach, the entry of the Baba Beach Club and nearby Akyra has created renewed visibility for the broad West Coast stretch of white sand beach, extending north beyond Phuket. (adsbygoogle = window.adsbygoogle ||...

2019 is the year for condominium end-user buyers

This year is the year for condominium end-user buyers, with many developers saying they will concentrate on clearing completed but unsold condominium inventory in response to weaker demand, partly due to the Bank of Thailand's stricter mortgage requirement policy for second- and third-home buyers. The residential market this year will be driven more by end-user demand, with fewer investors or...

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