Connect with us
CGIF-10th-Year-Anniversary

Real Estate

Bangkok developers to cope with rising land costs

Bangkok developers are moving away from Central Business District where rising land prices are hurting the overall costs. A shortage of available land in Bangkok’s central business districts has caused residential developers to move their projects far from the inner city but still close to extended and proposed mass-transit routes, The Nation reported.

Daniel Lorenzzo

Published

on

Bangkok developers are moving away from Central Business District where rising land prices are hurting the overall costs. A shortage of available land in Bangkok’s central business districts has caused residential developers to move their projects far from the inner city but still close to extended and proposed mass-transit routes, The Nation reported.

According to a survey by The Nation, one of those locations is from Rattanathibet Road to Nonthaburi’s Bang Yai district, which is close to the MRT Purple Line that will run from Bang Sue to Bang Yai.

See the original post here:
Thailand Condo – Bangkok developers move away from CBD to cope with rising land costs

Thailand Property Outlook

Being a developing country, the cost of property in Thailand is much lower than in the more developed European markets. But, on the other hand, prices for Thai property, in general, are rising at a much faster rate.

Compared to 1997 Real estate companies are able to respond much more quickly to changes

Thailand’s property market was able to rebound from past crises and there is every reason to believe it will be able to absorb the blow of recent political tensions. The taxation situation has actually improved the conditions for purchasing property in Thailand, and if property prices do dip slightly as a result of the current situation it may actually be a good time to buy as there is a very real possibility Thailand property will regain its golden outlook soon.

As a result, the financial condition of most major housing developers in Thailand is much more robust than in the past. The development of the local bond markets and increasing domestic savings has the made the industry much less dependent on foreign funds, a significant difference from 1997.

Comments

Real Estate

How COVID-19 regulations are changing landlord-tenant dynamics

The negotiations are dependent on the circumstances of each landlord and tenant, with landlords attempting to strike a balance between maintaining earnings and supporting tenants through the crisis period to sustain occupancy levels and income over the longer term.

Daniel Lorenzzo

Published

on

Hastily enacted regulations addressing a fast-unfolding pandemic have introduced a layer of complexity around leases between tenants and landlords.

(more…)
Continue Reading

Real Estate

Why 5G is racing ahead in Asia

Hong Kong, Seoul, Sydney, Taipei, Manila, Tokyo and Shenzhen have already introduced 5G networks. In May, Bangkok became the first city in Southeast Asia to roll out a 5G network, while Singapore in August started a six-month trial.

Daniel Lorenzzo

Published

on

iStock-1135535759.jpg
Governments and businesses are keen to take advantage of 5G technology like High-speed connectivity, reduced latency and greater reliability

Asia Pacific is leading the charge for the next generation of mobile connectivity. Major cities across the region are rolling out 5G networks this year, which are poised to reshape connectivity and big data with blazing-fast download speeds.

(more…)
Continue Reading

Environment

Real estate Sustainable development spurred by COVID-19 pandemic

There is an increasing awareness of the environmental impact of real estate: the World Green Building Council suggests that buildings are responsible for upwards of 40% of the world’s greenhouse gas emissions.

Daniel Lorenzzo

Published

on

Since the onset of the COVID-19 pandemic, the real estate sector worldwide is stepping up its response to climate change and sustainable development.

(more…)
Continue Reading
Advertisement

Latest

Most Viewed

Subscribe via Email

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

Join 13,413 other subscribers

Trending