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Pattaya Property News & Blog

 

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

 


News (704)

Hong Kong Retail Rents, 40 Times More Expensive than Bangkok

Hong Kong, the world's highest retail rents by far

Prime rents in Bangkok in leading shopping centres rose in the second quarter, but they are still 40 times lower than the levels in Hong Kong - which is by far the world's highest, according to CBRE.

"Rental rates in Bangkok increased in the best shopping malls, especially in the downtown area," Jariya Thumtrongkitkul, head of retail services at CBRE Thailand, a property adviser, said yesterday.



Wednesday, 04 September 2013 17:05

Demand for Office Space Still Strong in Bangkok

Demand for Office Space Still Strong in Bangkok

Despite signs of a slowdown in the economy in the first half of this year, business has continued to expand and companies are continuing to acquire office space in Bangkok, according to Jones Lang LaSalle.

"There are more months for Thailand to tackle the economic woes this year," Suphin Mechuchep, managing director of the professional-services firm specialising in real estate, said. "However, if the Thai economy continues to contract in the second half of the year, demand in the office market will inevitably be affected.



Top Japanese Developer Plans Investing in Thailand for ASEAN

Mitsui Fudosan group and Ananda Development's joint-venture agreement in 2013

As a leader in the Japanese property market, Mitsui Fudosan Residential Company is confident in the continued growth of the ASEAN economies and is expanding into Thailand, Indonesia and Malaysia this year after first investing in Singapore 40 years ago.

Mitsui Fudosan group recorded total sales this fiscal year (April 2012-March 2013) worth Bt466 billion. It develops and transfers to customers 5,000-6,000 residential units a year.



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SERENITY - WONG AMAT, PATTAYA - STUDIO

The property market in both Pattaya and Hua Hin is expanding strongly, with developers focusing mainly on local demand from buyers seeking a vacation residence and those working in the coastal locations, according to research by real-estate agencies.

Colliers International Thailand's research found that 800 condominium units were completed and transferred in Pattaya City during the first half of this year, higher than the number completed in the whole of last year.



Thailand Property Awards 2013 Shortlist of Winners Announced

After an intense nomination, entry and judging process, the full shortlist of winners for the eighth annual Thailand Property Awards was announced yesterday at the Centara Grand and Bangkok Convention Center, Central World.

Notable Bangkok developments in the shortlist of winners this year include 185 Rajadamri, which is joined on the list by The Ritz-Carlton Residences Bangkok at MahaNakhon and Royce Private Residences, while elsewhere, Siam Royal View Pattaya, Kata Rocks and Mandalay Villas were amongst the developments selected for awards in the Easter Seaboard, Phuket and Koh Samui categories, respectively.



National Housing Authority (NHA) Plans Developing Condominium Projects Near MRT Purple Line

MRT Purple Line in Greater Bangkok

Thailand National Housing Authority(NHA)'s new governor released its first priorities will open up opportunities for people to acquire homes near Greater Bangkok's mass-transit system and to complete the remaining 49,000 units of the Baan Eua-Arthorn project.

Krisda Radsakul said the NHA would start constructing homes near existing and planned routes of the transit system.

Thailand Economic Slowdown to Limit Property Market Growth

FOR SALE: THE BLUE RESIDENCE PORCHLAND 3 , 1 BED/1 BATH - SUKHUMVIT 87, PATTAYA.

Thailand property firms launch special promotion campaigns in cooperation with commercial banks to boost their sales at this year.

Property experts believe the residential market will expand only slightly in the second half of 2013, in line with the economic slowdown, and that this will result in full-year growth of up to 10% - despite the sector witnessing growth of 18% in the first six months.

A New Property Show Will Take Place in Pattaya

Hilton Pattaya Hotel

A new real estate event in Pattaya was announced recently targeting international tourists, local expats, local business and Thai investors from Bangkok and other regions of the Thailand.

The Pattaya Property Show will take place from 9 – 12 January 2014 at the Hilton Pattaya Hotel, which is located in the heart of the oceanside city, just a 90-minute drive from Bangkok’s Suvarnabhumi Airport.

Centara-Grand-Residence-Pattaya

CENTARA GRAND RESIDENCE - JOMTIEN, PATTAYA

Tulip Group Thailand has been appointed one of Asia’s most respected project management companies as project managers for its luxury five star beachfront condominium and hotel, Centara Grand Residence in Pattaya.

Projects Asia has been managing projects in Thailand for more than 23 years covering all of the Kingdom, from Phuket to Chiang Rai, Katchanaburi to Pattaya as well as a number of Bangkok’s landmark developments, more recently including the St Regis Hotel and Residences and Univentures’ Okura Prestige Hotel.



New Home Registrations in Greater Bangkok up 7%

FOR RENT: WELTZ RESIDENCES,STUDIO - PRAKANONG, BTS-SUKHUMVIT

According to a survey by the Real Estate Information Centre (REIC) of Government Housing Bank in Thailand, the registration of new homes in Greater Bangkok recorded 57,300 units in the first half of the year, up 7% from 53,800 units in the same period of 2012.

Of the total, 33,200 units are in Bangkok proper, and the remaining 24,100 in the provinces Nonthaburi, Pathum Thani, Samut Prakan, Samut Sakhon and Nakhon Pathom.

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