Thailand Property Outlook – Property broker and consultant Harrison has announced it will organise a grand sale offering discounts of up to 50 percent in an effort to close sales on 4 completed Bangkok projects that are already more than 80 percent sold.
Originally posted here:
Broker to offer 50 percent discount at 4 Bangkok condominium projects
Other factors that indicate the 2008 Thai real estate market is not experiencing a bubble- like boom include: Property prices have not changed dramatically in most areas. Interest rates are continuously rising In the overall housing market, speculation is not significant even though there is some speculation in condominium markets and tourist area properties. Low consumer confidence because of unstable political and economic environments. Global Financial Crisis discourages overall property speculation
Falling consumer confidence : The slowing global economy together with unstable local political and economic environments will result in falling consumer sentiment and confi- dence in Thailand. Consumers will delay home purchases because they will be unsure of current and future incomes – directly affecting real estate demand. The general public will also begin losing confidence in the financial sectors, although not as severely as in foreign countries. Lower construction costs : The slowing global economy will result in lower construction materials costs as global demand for these materials decreases. Investors and speculators become sellers : Although current investment and speculative demand is still low, it is prevalent in some condominium-markets and tourist- property categories.Speculators expect to generate profits from price appreciation. If prices do not appreciate as expected on Thai Real Estate Market, they become sellers.ris
What’s top of mind for corporate real estate in 2019?
Flex isn’t just co-working, and it’s evolving rapidly. Companies both large and small are increasingly implementing new space concepts and flex models whilst also reimagining their existing workplace to be more agile and dynamic.
Before You Buy try to Rent
Simply inspecting the property at the site or show unit is not enough to really tell what the real living experience will be.
Buying a home is a big decision in life. For a super luxurious condominium worth more than THB 50 million per unit in a prime location, it is hard to know which building or unit will suit you the best without a real test of actually living in the building.(more…)
How flexspace is transforming worn-out buildings and benefitting local businesses
According to real estate consultant JLL, by 2030, 30% of total global real estate will be flexible office space.
Here’s how flexspace is transforming worn-out buildings and benefitting local businesses
Henley-on-Thames in Oxfordshire, UK, is home to a close-knit community and a thriving independent business scene. But before Regus opened a location there in August 2018, there were very few options for professionals seeking flexible ways to hire an office space.
Thailand Ecommerce Market: Shooting For Success
At present, the Thai ecommerce market is valued at USD 3.5 billion. According to a Google Temasek study, Thailand’s e-commerce...
Aspire Set to Become First SME Neobank in Southeast Asia with US$32.5 Million Raise
The recent financing has been led by Mass-Mutual Ventures Southeast Asia with participation from Silicon Valley’s Arc Labs and existing...
How is Thailand Bringing Technology to the Table?
In Asia, a country like Thailand has taken the initiative to implement agricultural biotechnology in its industry. The country has...