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%. [...]
|Posts Tagged ‘Bangkok’
Brand New Studio for rent at Lake Zone
This unit is unfurnished now and tenant can choose furniture as per their choice. Please contact for more info info@metroparksathorn.com
|Floods hit housing market
The housing market is slowing down amid the widening flood emergency as developers try to ward off potential damage to their project sites. Opas Sripayak, the managing director of condominium developer L.P.N. Development Plc, said both home purchases and new project launches have slowed since widespread flooding began affecting vast swathes of Thailand.
|More 4-car trains on BTS shopping list
Bangkok Mass Transit System (BTSC), the skytrain operator and part of the SET-listed BTS Group Holdings, has revised up this year’s revenue and passenger growth forecasts to 20% thanks to the new On Nut-Bearing service and plans to add more four-car trains. The company will pay 1.5 billion baht for five more four-car trains from [...]
|Home deals abound
As first-home programme spurs competition, buyers are urged to shop around for the mortgage plans that suit them best and to make decisions soon. While many consumers are looking forward to reducing their taxable income by as much as 500,000 baht under the government’s first-time homebuyer programme, they can also expect to be wooed by [...]
|Single house sales to gain
The government’s first-home policy will help certain developers of almost 20,000 single houses priced from 3-5 million baht now available in Greater Bangkok, says the consulting firm Agency for Real Estate Affairs (AREA). First-time homebuyers of units priced up to 5 million baht who buy from yesterday until December next year can deduct 10% of [...]
|Govt pushes first-home tax cuts
House association chief warns only rich will gain The Finance Ministry will table a tax cut scheme for first-time home buyers to the cabinet for approval Tuesday offering a maximum 10% tax deduction on houses costing up to 5 million baht. The 5 million baht ceiling is changed from the previous 3 million to help [...]
|Ananda: Udomsuk to be new Thong Lor
Ananda Development Co Ltd believes the Udomsuk area will one day be like Thong Lor due to its link to main roads and the BTS, saying condominium prices along the extension line have increased by 25%. Once the extension from On Nut to Bearing opened on Aug 12, sales in the location resumed, said CEO [...]
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