Connect with us

Real Estate

Thailand’s booming condominium market

The booming condominium business will see nearly one million new units rise up countrywide with three-fourths of them in Bangkok and its outskirts, according to a survey by KasikornResearch Centre.

Daniel Lorenzzo

Published

on

The booming condominium business will see nearly one million new units rise up countrywide with three-fourths of them in Bangkok and its outskirts, according to a survey by KasikornResearch Centre.

Loading...

In Bangkok and its suburbs, 62,500-65,500 condo units have already been started this year, a 4.9-9.9 per cent increase from last year. The new projects are added to some 80,000-85,000 units of finished condominiums, an increase from 78,000 units last year.

The condominiums now under construction will gradually open in the next few years.Kasikorn said the condominium business has been no less active in the provinces where urban investors expanded their investments.About 23,000 condominium units have been launched in the provincial property market this year, rising by 179 per cent, and it will see continued growth in 2014-2015, the research centre predicted. It warned, however, of oversupply in the upcountry market. MCOT online news

via Thailand enjoys robust condominium market | MCOT.net | MCOT.net.

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