Thailand

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Bangkok Overall MarketView Q3 09

The third quarter of 2009 saw improvements in many sectors of the property industry when compared to the first half of 2009. Every sector continues to encounter challenges Full story

Raimon Land plans large projects for Thai buyers

Raimon Land plans large projects for Thai buyers
The listed developer Raimon Land will continue building luxury condominiums but with a new focus on larger projects and Thai buyers, a shift from its previous focus on foreigners, says chief executive Hubert Viriot. Full story

Bangkok Office MarketView Q3 2009

Overall take-up in the Bangkok office market was 6,773,065 sqm, up 0.1% Q-o-Q and 0.8% Y-o-Y. The total occupancy rate also improved slightly from 86.0% to 86.1% in this quarter. Full story

4-5 Percent Dip Seen in Condo Sales

Condominium sales this year have been estimated at 70,000 units, a decline of 4-5 percent from 2008, according to a study by the property consultant Colliers International. Full story

Jones Lang LaSalle appointed sole leasing agent at Suntowers.

Jones Lang LaSalle appointed sole leasing agent at Suntowers.
Sunflower Group has appointed Jones Lang LaSalle as the sole leasing agent for Suntowers, a Grade A office complex located on Vibhavadi Rangsit Road in Bangkok, marking the first time the group has named a sole agent for the property since its completion in 1995. Full story

Thai government presses ahead with new land and buildings tax plans.

Thai government presses ahead with new land and buildings tax plans.
The Thai government will push for cabinet approval of a new land and buildings tax, according to Finance Minister Korn Chatikavanij. Full story

CONDO MARKET SET FOR RESURGENCE

Heightened demand is likely to follow last year's slowdown which saw the addition of only around 10,000 new units in the capital Full story

MK preparing to develop first BoI Home condominium

The listed developer MK Real Estate Plc plans to develop its first condominium worth 200 million baht under the Board of Investment (BoI) Home programme in northern Bangkok, says marketing manager Tunya Siripuchaka. Full story

Low-cost condo registrations predominate

The completion of Baan Ua-arthorn low-cost housing projects pushed new condo registrations in Greater Bangkok to surpass low-rise housing units in the first nine months of this year, says the Real Estate Information Center (REIC). Full story

Deadline for Map Ta Phut panel

The committee chaired by former prime minister Anand Panyarachun has been asked to prepare its recommendations for solving the investment problem at the Map Ta Phut industrial estate this week and forward them to the cabinet for consideration next week, Prime Minister Abhisit Vejjajiva said on Thursday. Full story
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