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Bangkok's Rama 4 area is very promising for office and residential development. In 2010, the land was worth 45 000 – 93 000 baht/m2. Now the price is from 350,000 baht/m2, which is a high price by Bangkok standards. The significant growth rate is due to the fact that the land is located in the very center of the city and is a place with high...
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«Real Estate for Health» is a megatrend that is relevant all over the world. It is reported that the Wellness Real Estate sector has almost doubled in four years, with growth averaging 22% per year since COVID-19 crisis. Against the background of a general reduction in the market - 2.5%. The changing housing trend after COVID-19 era was reinforced...
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Noble, the leading development company, said that in the first quarter of 2022 it reached a record sales level of more than 6.4 billion baht, which is almost equal to the sales volume for the whole of 2021, which amounted to 8 billion baht. The situation shows that the real estate market as a whole is currently showing a clear recovery. This can...
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In April, an exhibition of the construction company PD House Expo'22 was held in Bangkok and other provinces. PD House company is engaged in individual construction of houses. At the same time, 27 branches of the exhibition were operating throughout the country. In one month, sales amounted to 200 million baht. 65% of the houses were properties...
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The development company One Origin bought three hotels of Ibis chain. The company expects that with the cancellation of Test & Go system and other restrictions on entry into the country, the influx of tourists will increase and focuses on working with hotels. After the acquisition of ibis Phuket Kata Hotel, Ibis Hua Hin and ibis Styles Krabi...
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After analyzing the real estate market in the logistics sector in 2021, experts found that demand began to increase. The highest level of warehouse occupancy in the last 10 years has been achieved. In the fourth quarter of 2021, Thailand's economy grew by 1.9%, an improvement over the previous year. The value of exports in the fourth quarter of...
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Pruksa, a major developer in Thailand, uses Big Data for in-depth analysis of customer needs. This leads to an understanding of the consumer in accordance with the changing lifestyle of each group of customers using modern technologies for data collection and analysis. Pruksa Vice President of Corporate Marketing, said that lifestyle change is...
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The Thai Center for Real Estate Research and Evaluation reveals the results of the real estate market research at the end of the first quarter of 2022 in Bangkok and its surroundings. According to the results of the first quarter, only residential projects were launched in Bangkok, while there were no other types of real estate, such as office...
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The main problems in the office real estate market in 2022 are that many companies are in no hurry to return their employees to the office and continue to support the «work from home» policy. The second problem is an oversupply of offers. In 2019, the demand for office space increased, which led to the planning of new large projects, JRK Tower was...
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Since the beginning of 2022, the Thai property market has continued its recovery after the crisis caused by the COVID-19 pandemic. As expected, the Capital Region outperforms the rest of the boroughs in terms of growth and recovery. Bangkok real estate statistics are currently available, which show the general situation in the market. New...
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