NOBLE STYLE 300X600 NEW

LPS Shanghai 2023 – Asia Pacific’s leading luxury property exhibition is set to take place on December

Get ready to experience the ultimate showcase of luxury real estate at…
Bangkok River Property
Uncategorised

Bangkok’s property market impacted by Europe, China slowdown

According to Mr. Ulf Schaefer, Director of Residential Department – Premier Home, Knight Frank Chartered (Thailand) Co., Ltd, the current world events, especially the situation in Europe as well as the slowing growth in China, has many buyers and investors of real estate on edge about the future”.

Flood Impact and Labour Shortage Cools Condo Fever

The top-ten listed property firms have inventory and undeveloped land worth Bt200.29 billion in the first quarter of this year, higher than last year’s average of 5 per cent. This is due to the slowdown in the demand for residences in the first quarter of this year following last year’s floods.

Real Estate appraisal delayed by flooding

Deputy Finance Minister Wirun Techapaiboon has revealed that the new list of property appraisal prices, which was scheduled to be announced in January this year, has been delayed by another six months due to the flood crisis in 2011.

Real Estate as an Investment in Thailand

Looking at real estate in Thailand, and specifically the issue of investment in real estate, it is useful to begin with valuation. Valuation is critical because we need to have an accurate gauge of the true value or worth of the property to make informed investment decisions.

In the Singapore Property Market, Not All Foreigners Are Equal

This week the Singapore government implemented immediate measures affecting its property market. In an effort to prevent further appreciation in property (and thereby avoid a “bubble” and its consequent “bursting”), Singapore announced that it would increase the 3% stamp duty (tax) charged on purchases of real propert

Knight Frank’s sees property prices falling in 60% of Asian cities

Knight Frank Prime Global Forecast reveals that after two years of growth, the global property markets are starting to cool down, sending prices tumbling. The prices are predicted to fall in 44 per cent of the cities monitored during next year, with a parallel amount likely to see prices increase. For 12 per cent, prices are expected to remain the same. The luxury sector has seen the biggest drop in Asia, with 60 per cent of cities predicted to decline in value.

Wealthy Tax payers to Benefit from first-time home buyers rebate

The Thai Cabinet agreed to cut taxes to support first-time home buyers. A tax reduction at a maximum 10 per cent for property prices will be applied to people buying a flat or a home costing five million baht of less