Archive for July, 2009

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2 families under one rented roof

IRH (Interim rental housing) scheme Full story

Mahanakorn Tower

Mahanakorn Tower
Designed by Dutch firm OMA (Office of Metropolitan Architects), the planned MahaNakhon tower and plaza in Bangkok, Thailand will be approximately 1.6 million square feet and will include 200 apartments, a 150-room “Bangkok Edition” hotel by Marriott Group and Ian Schrager, and ... Full story

Side-by-side expos

ome-buyers and landowners planning to build homes can expect a panoply of marketing promotions when they visit two home shows at the Queen Sirikit National Convention Centre next month. Full story

Preuksa revises sales target

Preuksa revises sales target
Preuksa Real Estate (PS), Thailand´s second-largest developer, says it plans to revise its sales target for this year from Bt18bn to Bt20bn after it surpassed it´s mid-year pre-sales target. Khun Prasert Taedullayasatit, the company´s COO, said that despite a gloomy first four months of the year, PS achieved Bt9.04bn in sales during the first ... Full story

Home Builder Association says politics a key factor in recovery

Home Builder Association says politics a key factor in recovery
Thailand´s Home Builder Association (HBA) says a market recovery will depend on whether Thailand can remain politically stable - not because of economic factors. Panthep Thanchitikul, president of the association said the current economic situation had improved and was now “not so bad” as it was in the first quarter. “Other factors ... Full story

Commercial property rental outlook is bleak, according to RICS Global Survey

Despite some improvement in the economic data and a moderation in the pace of decline in capital values in all world regions, rental expectations deteriorated further Full story

Quality houses subsidiary to launch Casa Ville

Quality houses subsidiary to launch Casa Ville
Casa Ville, a subsidiary of Bangkok-based Quality Houses, will launch the Bt1.6bn Casa Grand Chaiyapreuk-Chaeng Watthana housing estate project with 147 single houses, this weekend. House plots will range from 58 to 200sqm, and prices will be between Bt7m and Bt15.9m. Located on 50 rai of land in the Chaeng Watthanan area of Bangkok, the ... Full story

Landowners seek ways to avoid proposed tax bill.

Landowners seek ways to avoid proposed tax bill.
Following a recent announcement by Thailand´s Finance Ministry that it will overhaul the property tax collection system, several large developers have begun looking into developing or selling unused land before the new tax laws come into force. A survey carried out by Thailand´s The Nation newspaper, reveals that the proposed Property Tax Act has some developers worried - leaving them scrambling to learn more about the ... Full story

Bangkok home market picks up in Q2

Bangkok's residential market improved in the second quarter Full story

Rich aspirations

Rich aspirations
With a range of facilities and services aimed at the wealthy, Phuket is increasingly seeking to define itself in terms of luxury. Full story
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