News
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Developer Supalai plans to launch 37 new residential projects across the country totaling 41 billion baht, which is the largest figure since its inception, of which more than half will be in the provinces. This year, economic growth will continue with strong momentum in terms of tourism recovery, which will lead to increased income and increased...
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Interest in housing in the main resort areas of Thailand last year was different. There was a noticeable increase in demand in Phuket, while the markets of Koh Samui and Phuket were relatively stable during 2022. Housing included detached houses, villas and townhouses. The launch of several new residential projects in Phuket led to an increase in...
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Developer Singha Estate has suspended the construction of new condominiums and will focus only on low-rise buildings in the expensive segment. Five new projects totaling 10 billion baht are planned for this year. The new projects will have houses priced from 10 to 200 million baht. In the fourth quarter of last year, the firm recorded revenue of...
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Bangkok's Dusit Thani district is synonymous with luxury in the Thai capital. Work continues on the reconstruction of the hotel, and one of the most discussed projects in Bangkok is Dusit Central Park. The multifunctional complex includes a hotel, an office and residential buildings, as well as shopping areas and extensive green areas that will be...
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The Hot Property Southeast Asia Awards 2022 was attended by a diverse set of developers, projects and agents, among which more than 45 winners from all over the region were awarded. The star of this evening was SM Development Corporation (ZMDC) from the Philippines. The developer received four awards, including «Developer of the Year in Southeast...
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At the beginning of 2022, there was a surge in investment activity in the Asia-Pacific region with all signs indicating a recovery after COVID-19. Unfortunately, this was thwarted by inflation, higher interest rates and geopolitical conflict, and all these fears resulted in the following year. CBRE (Global Commercial Real Estate Services) has...
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The demand for housing in Samut Prakan has been steadily growing during the first three quarters of 2022, as the launch of new projects stimulated growth. Nonthaburi saw an increase in interest in the first two quarters, and then stabilized in the third quarter. The neighboring provinces of Bangkok are components of Greater Bangkok and more and...
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According to the Real Estate Information Center (REIC), higher interest rates and the cancellation of support measures for real estate have weakened the mood of developers, while the return of Chinese tourists gives hope for an increase in sales. In the fourth quarter of last year, developers were more worried about the impact of higher interest...
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In 2021, the supply of new low-rise housing exceeded the supply of new condominiums in the Bangkok Metropolitan Region for the first time since 2011. In 2022, although the supply of low-rise housing increased by at least 25% compared to the previous year, there was also an increase in the supply of new condominiums, especially in the city center...
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Despite restrictions on crossing China's borders, Chinese citizens still dominated apartment purchase transactions in Thailand last year, the number of Myanmar citizens who bought apartments in Thailand increased and reached TOP-10 for the first time for economic and political reasons. Economic and political problems have forced wealthy citizens...
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