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Pattaya Property News & Blog Supplied by Pattaya Condo Property Sales & Rentals, Real Estate Management.

 


Monday, 20 January 2014 14:19

Market round-up Featured

View-of-protests-during-Bangkok-Shutdown-in-Thailand-by-Richard-Barrow

 

Thailand

 

The condo market in Thailand is feeling the impact of ongoing protests and the Bangkok Shutdown, according to Knight Frank Chartered (Thailand) managing director Phanom Kanjanathiemthao, who says that most buyers are waiting for political tensions to ease before making a purchase. The protests in Bangkok have affected not only the capital city, but also Pattaya and Phuket, both of which have a heavy percentage of foreign buyers.

 

Singapore

Singapore’s private home sales fell more than 80 percent year-on-year in December, with just 259 sales compared with 2012’s 1,410. Buyers and developers are in a sort of stalemate, with buyers waiting for new launches at more attractive buyers, and developers postponing new launches for lack of interest. Consequently, only 118 private homes launched in December, and 117 were new releases from previously launched projects. The only new project, Avant Parc, brought one new unit onto the market, which it sold.

Hong Kong

With no mention of lifting or relaxing cooling measures in the 2014 Hong Kong Policy Address, Colliers is expecting the regulations to stay in force for one to one-and-a-half years. In response to inevitably slowing supply, the government has pledge to increase supply 40 percent, from 33,000 units per year to 47,000.

- See more at: http://www.property-report.com/market-round-up-19-33091#sthash.sStc6yNE.dpuf 

Photo: View of protests during Bangkok Shutdown in Bangkok, Thailand, by Richard Barrow (Twitter: @RichardBarrow) - See more at: http://www.property-report.com/market-round-up-19-33091#sthash.sStc6yNE.dpuf

Read 685 times Last modified on Monday, 20 January 2014 14:38
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