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Bangkok Rental Apartments Facing Change in Demand

Bangkok Rental Apartments Facing Change in Demand

As the number of Japanese expats in Thailand decreased to lower than 20% of the total expats for the first time in 2019 and dropped to 34,133 as of April 2019, a 4% decline Y-o-Y, CBRE is seeing a change in demand and its impact on the rental apartment sector in Bangkok, despite a healthy […]

High demand for luxury villas in beach destinations in Thailand

High demand for luxury villas in beach destinations in Thailand

Business owners in Thailand are demanding for more supply of luxury villas in the country’s prime beach destinations. Making the most out of lower interest rates, demand for beachfront property remains strong in the face of conflicting economic sentiments. Popular Demand for Beachfront Properties Prapavadee Sophonpanich, founder and CEO of Ideas 1606 Co, a luxury […]

Newly launched condo supply continued to rise in Bangkok

Newly launched condo supply continued to rise in Bangkok

Newly launched condo supply in the second quarter continued to rise in Bangkok, with most launches in June after the political situation became clearer, says property consultant Colliers International Thailand. Despite many negative factors, developers still launched new condo supply in Bangkok in the second quarter, said Phattarachai Taweewong, Colliers’ associate director. “Developers need to […]

How Blockchain Could Change the Real Estate Investment Landscape

How Blockchain Could Change the Real Estate Investment Landscape

An increasing number of countries have begun the process of implementing functional and legal frameworks to regulate blockchain-recorded tokens over the past several months, which has led to increasing exploration of these technologies across many investment sectors. Further, the use of distributed ledger technology (DLT) is a powerful disruptor at the transactional level, where significant […]

Chinese move their purchase power away from Bangkok condo market

Chinese move their purchase power away from Bangkok condo market

Buyers from mainland China are slowing their condo purchases in Bangkok because of the strong baht, overpriced units and a supply glut. Simon Lee, co-founder and president of property brokerage Angel Real Estate Consultancy Co, said overall sales volume of Bangkok condos bought by Chinese buyers will shrink by half this year. “Chinese purchases have […]

Unstructured Thailand Real Estate Market!

Unstructured Thailand Real Estate Market!

The property market of Thailand has a life of its own. Critics say there is a sense of isolation in the Thailand real estate market. There are also rules – or the lack thereof – that deviate from what you normally see in foreign real estate markets (i.e. absence of appraisal policies, transactions going haywire). […]

Why Should You Invest in the Phuket’s Property Market

Why Should You Invest in the Phuket’s Property Market

Thailand, especially its capital Bangkok, is a famous real estate hotspot, attracting both local and foreign homebuyers and investors. While places like Pattaya, Koh Samui and Phuket are famous tourist destinations, real estate in these coastal areas are growing as well. In fact, the Phuket property market continues to expand as tourists go in and […]