Condo for rent in Bangkok at เมโทร พาร์ค สาทร,
Ban Lae Suan Fair, Dec 17-25, 9.30am-9pm, at Challenger Hall, Impact Muang Thong Thani. Your house has been underwater for weeks, and still no ideas about renovation? Then the forthcoming Ban Lae Suan Fair at Challenger Hall, Impact Muang Thong Thani, from Dec 17-25, is an event you can’t afford to miss. House renovation is [...]
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Furniture and home furnishings are expected to flourish next year, as people seek to replace old pieces ruined by the floods, driving the industry to grow by up to 10%, or 60 billion baht. A customer checks out furniture at a fair held in mid-March this year. WISIT THAMNGERN The local market is also set [...]
| The Treasury Department is preparing to announce an average increase of 20% in land valuations nationwide but it has not yet taken the impact from current flooding into account, says director-general Naris Chaiyasoot. However, officials suggested the floods may give property developers an opportunity to buy land at lower cost in some areas where owners [...]
| With about 150,000 houses from more than 1,000 projects in Greater Bangkok and Ayutthaya damaged by flooding, transfers this year will decline by 20%, says the Real Estate Information Center. Most of the flood-damaged homes are on Phetkasem Road, Bang Kae, Nakhon Pathom and Samut Sakhon. In older projects, the ground level is often lower [...]
| Prices of land and other property in flooded areas will drop in the next couple of years, while home purchasing sentiment will take at least six months to return to normal, says the property consultant Colliers International Thailand. Managing director Patima Jeerapaet said the next two or three years will be a golden opportunity for [...]
| Developers look to build reputations The current flood is testing how well developers and property companies take care of customers, which can affect their reputations and influence future customers. Sopon Pornchokchai, president of the property consultant Agency for Real Estate Affairs, said housing developers should offer good service and financial support to build brand awareness.
| Residential project launches for the rest of the quarter are likely to remain subdued because of current unfavourable sentiment and logistics, says real estate firm Colliers International Thailand. Unlike last year, when buyers jumped straight into the market after the Bangkok political riots ended, many will be cautious about making a big decision to purchase [...]
| Despite renewed concerns about the state of the global economy and the euro-zone debt crisis, Bangkok residential yields remain firm with gross yield average at 5.9%, says property consulting firm CB Richard Ellis. Over the last six quarters, downtown Bangkok condominiums have consistently provided an average yield within a narrow band of 5% to 6%. [...]
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