News
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According to the Real Estate Information Center (REIC), the confidence of developers continued to fall in Q1 2023 after two recent interest rate hikes. The developer index declined significantly in Q1 2023, dropping to 46.7 from 51.5 in the fourth quarter of last year. The decrease may be due to a twofold increase in interest rates in the first...
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The growing industrial sector and the recovery of tourism helped the Ayutthaya real estate market to record a strong recovery of condominiums at a price of 1-1.5 million baht in the second half of last year. The marketing director of the Ayutthaya City Park shopping complex, said that the industrial and tourism sectors are the main driving forces...
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Chinese buyers have returned to the Chonburi real estate market following the Russians after the opening of China's borders earlier this year. The executive director of the developer Habitat Group, said that the demand for condominiums and villas in Chonburi from Chinese and Russian buyers has been high since the beginning of the year. "After the...
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Magnolia Quality Development Corporation (MTDC), one of the country's leading developers, focuses on the demand for new homes among the growing population over 50 who are looking for residential complexes that meet their special needs. The president of The Aspen Tree The Forest is, developed by MDC, says that currently people expect to live for a...
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Ideas 1606, a developer of holiday homes under the Veyla brand, plans to sell six villas on Natai Beach on Phang Nga Island for 75 million baht each by the end of this year, and also plans to launch a new project on a plot of land with an area of 100 rai on Phi Phi Island in 2024. The demand for luxury villas on the coast among Thai buyers is...
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Chinese tourists will take advantage of their free time during Labor Day week by going to Southeast Asia. A study by Divatravel, a global travel company, found that Thailand is the most popular destination for mainland travelers, with Malaysia, Indonesia, the Philippines, Singapore and Vietnam among TOP-10. It is expected that foreign trips of...
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Retail real estate in Thailand has suffered from the rapid spread of online shopping in the country. However, the online market has not been able to completely disrupt conventional stores and shopping malls, as people still enjoy offline experiences, such as eating out, which is not possible in digital format. In the Kingdom, landlords and tenants...
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Those who have not driven past the BTS On Nut station for several years may be surprised to find out what is happening in this part of Bangkok. Recently, a surge of activity here has led to the emergence of new condominiums and several office buildings. However, one developer went even further, creating an innovative area in this previously...
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The condominium market in the center of Bangkok, covering the districts of Sathon, as a whole, the area around Lumpini Park, Siam and Ploenchit, is different from other places throughout the city. Land prices here are the highest in the capital, which means that most of the projects launched here are focused either on buyers of a deluxe suite or on...
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During the first three quarters of last year, the Chiang Mai real estate market began to show signs of life. The study showed that the demand for residential real estate abroad in Chiang Mai increased between the first and second quarters, as well as between the second and third quarters. In addition, 45% of the demand for condominiums during the...
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