Thailand

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Demand for new homes

Many of Thailand's leading property firms believe they may exceed their presales targets for 2009, following a high rate of presales in the third quarter. Some are planning to revise their presales targets upwards. Full story

Home transfers gathering pace towards year’s end

The House & Condo Exposition organised by the three main real-estate associations recently at the Queen Sirikit National Convention Centre proved to be a successful event, with consumers scrambling to get information or lay down deposits to secure units on projects around the capital and its suburbs. Full story

Residential projects

Small and medium-sized property firms have resumed launching new projects after suspending investments last year, with most believing Thailand's economy will recover this quarter or early next year. Full story

Residential property market

Big spending in preparation for 2010Economic recovery leads to Bt100|billion splurge on|land and infrastructure Full story

Asian accent in detached houses

Asian accent in detached houses
Property firm Sansiri has introduced its latest single-detached-house project, Burasiri at Ngarmwongwan-Prachachuen, with 301 units priced between Bt5.99 million and Bt12.19 million Full story

NO RISE IN MORTGAGE RATES OVER REMAINDER OF THIS YEAR

Home-loan rates would not rise at least for the rest of this year as banks could still able to source cheap funds, a banking chief said yesterday. Full story

INTERVIEW-Thai Preuksa sees ‘09 rev above target, record profits

Thailand's second most valuable housing firm, Preuksa Real Estate Pcl PS.BK, expects 2009 revenue to beat a 17 billion baht ($510 million) target, above analysts' forecasts, as it expands into the middle-class market. Full story

Property developer confidence index surges to new high in Q3

Property developer confidence index surges to new high in Q3
The current property developer confidence index surged to a record high of 55.8 in the third quarter of 2009, according to Government Housing Bank president Khan Prachuabmoh. Full story

Tgr Asia Developers Of Jumeirah Private Island Phuket Commence

Jumeirah Private Island Phuket, Asia Pacifics most exclusive development is scheduled for completion in 2009 and set to offer levels of luxury, privacy and security as yet unseen in Asia Pacific. Full story

Officials tour Taj Exotica resort site in Phuket

The developers of the Taj Exotica Resort and Spa planned for Koh Lone will consider abandoning their request to build a pier if the idea is rejected during the environmental impact assessment (EIA) approval process, the Gazette has learned. Full story
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