Connect with us

Real Estate

New Condo projects focus on three Bangkok locations

The resurgence of Bangkoks condominium market has centred itself on three popular locations: Sukhumvit, Sathon and Phaholyothin-Aree

Avatar

Published

on

The resurgence of Bangkoks condominium market has centred itself on three popular locations: Sukhumvit, Sathon and Phaholyothin-Aree. After delaying many new condominium projects because of political problems in the first half of this year, most leading developers are now rushing to launch new projects before the end of the year. Surveys by The Nation have revealed plans to launch more than 30 new condominiums with a collective market value of more than Bt100 billion in the fourth quarter. Nearly 70 per cent of them will rise in the three most popular locations – around Sukhumvit Road from Soi 30 to Onnuj, in the Sathon area and Phaholyothin-Aree. All projects will be close to Skytrain and subway routes. Meanwhile, the most sought-after condominium units have one bedroom and are priced between Bt2 million and Bt3 million.

Loading...

The managing director of real-estate firm Knight Frank Thailand, Phanom Kanjanathiemthao, said the short-term outlook for Bangkok residential condominium development – without regard for political risks – was very positive, especially in the prime Sukhumvit, central business district and Phya Thai areas.

There will be very limited new development in these areas because of a lack of available land.Moreover, land prices in these areas has increased significantly in recent years, and prices for condominium units can also be expected to increase, he said.

via Condo rush focuses on three bangkok locations.

Property

Is There a Silver lining amid COVID-19?

Thinking of the future impact of this pandemic on office buildings, it may have already dawned on many of us that a majority of potential long-term trends and health measures will become permanent work-life features in the times to come.

Daniel Lorenzzo

Published

on

A direct result of COVID-19 containment measures is that organisations are taking a real-time look at the effects of prolonged off-site work and its relation to productivity.

Loading...
(more…)

Continue Reading

Property

The time is ripe to embrace Industry 4.0

Traditional brick-and-mortar retail has suffered tremendously, as countries have been implementing effective stay-at-home and social distancing policies to mitigate virus spread, while those worst hit have enacted strict draconian lockdowns

Daniel Lorenzzo

Published

on

We have entered a time where, seemingly, interconnectedness is the new enemy, staying in is the new going out, and antisocial is the new social. COVID-19 has brought us on the cusp of growing accustomed to new norms and sounded a wake-up call in terms of how we live.

Loading...
(more…)

Continue Reading

Corporate

Covid-19 puts flexible space markets under strain

In the wake of operator defaults, landlords will be forced to re-evaluate the role of flexible space in their portfolios.

Daniel Lorenzzo

Published

on

The global Covid-19 outbreak has had serious negative effects on commercial real estate, including flexible space. Of late, many operators have experienced the flexible nature of the business working against them, as many occupiers have opted to surrender desks and implement work-from-home plans.

Loading...
(more…)

Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,973 other subscribers

Latest

Trending