apartments
- Hot News
Russian fighter jets crashes into apartment building near Ukraine leaving at least 6 dead
A Russian fighter plane has apparently crashed into an apartment building just outside of Ukraine, killing at least six people and injuring 19. The crash happened in the Russian city of Yeysk shortly after taking off on Monday. According to the Straits Times, the crash engulfed the apartments which left another six people missing. The city of Yeysk is separated…
- Property News
Unsold properties saturate Thailand real estate market, may breach 1 trillion baht
Developers of residential properties in Thailand should exercise caution when announcing new properties this year, as their collective plans represent the largest amount of new properties in more than a decade, warns Asia Plus Securities. Meanwhile, unsold properties present a high level of risk and might exceed a total value of 1 trillion baht. The word of caution comes as…
- Property
Sena to expand housing, warehouse portfolio in 2022
Sena Development intends to expand into warehouses, serviced apartments and asset management in 2022, while also developing 49 new residential properties valued at 27.5 billion baht. This year, the company intends to venture into new sectors in order to increase stable earnings from regular income, with the majority of new operations connected firms that can help with property development, the…
- Property
Origin to launch 31 projects, targets 17.5 billion baht
Developer Origin Property intends to introduce 31 new residential properties in Thailand totalling 42 billion baht, targeting 35 billion baht in presales and 17.5 billion baht in revenue, according to the Bangkok Post. Of the projects, 19 are apartments, costing a total of 28.6 billion baht, followed by 12 low-rise residences, costing 13.4 billion baht, says Origin’s chief executive. “The…
- Property
Large apartments in high demand in Bangkok, despite higher prices
The resale market is predicted to see steady strong demand for larger condominium units this year, despite higher prices for smaller units in new Bangkok developments. CBRE Thailand stated apartment buyers were seeking bigger apartments in popular locations at reasonable rates, the Bangkok Post reported. Consumers of resale condos like spacious properties with a separated workstation from the lounge. These…
- Property
SC Asset to develop 27 domestic projects in 4 years, targets 100 billion baht in revenue
SC Asset Corporation aims to invest 40 billion baht to build new residential developments in Thailand totaling 130 billion baht between 2022 and 2025, with a revenue target of 100 billion baht over the next four years. Of the 130 billion baht the SET-listed developer intends to invest in new releases from 2022 to 2025, 20 billion baht would go…
- Property
Thailand real estate prices expected to rise in 2022
Since the first quarter of 2020, the home price index has been declining while new home prices have increased. Several pandemic-related factors are to blame, including an increase in the costs of fuel and construction materials, along with higher inflation and a labour shortage. The compounding of these pressures mean real estate prices in Thailand are ready to rise in…
- Property
Chinese buyers dominated Thailand real estate market in 2021
The acting director of the Real Estate Information Centre (REIC), Wichai Wirattaphan, has stated that Chinese nationals accounted for nearly 60 percent of condominium purchases in Thailand in the first nine months of 2021. The statistics released by the REIC show that foreigners from the following five nations were the top investors of properties in Thailand: China, Vanuatu, United States,…
- Sponsored
HOMA is now offering fully-serviced, affordable lifestyle apartments in Phuket Town.
Sponsored Phuket is Thailand’s most iconic tourist destination as it offers stunning beaches and surrounding islands. Thus, it is also known to feature a large expat community as many have decided to make it their home. The island is located among the crystal-clear waters of the Andaman Sea, where outdoor enthusiasts thrive. Moreover, Phuket offers some amazing shopping malls, world-famous…
- Thailand News
Thai condo developers clearing inventory rather than starting new projects
“With waves of uncertainty and financial stress crashing into the market from the COVID-19 pandemic, most residential property developers have decided to postpone their plans.” CBRE, the international property consultants, reports that most Thai developers are postponing the launch of new condo projects to focus on clearing existing stock. Discounting completed projects to generate quick revenue as a financial lifeboat…
- Economy News
JLL sees bright future for post-Covid Thai real estate market
Thailand’s hospitality industry has been hit hard by the Covid-19 pandemic and Bangkok’s serviced apartments are no exception. A study by property consultant Jones Lang LaSalle indicates that serviced apartments have generally fared better than hotels in current and past times of distress. The report expects the pandemic to boost the growing trend of mixed-use premises offering hotel rooms and…
- Expats
Property investors offered access to Thai developer discounts – Thaiger Flash Sale
PROPERTY EVENT Today is the start of The Thaiger Property Flash Sale. It’s only for 24 hours (starting at midday today). The Thaiger has teamed up with fazwaz.com for this first-of-a-kind event. When in a buyer’s market, that demand should be catered for, with discount offerings a key driver of success. The level of discount will depend on the developers’…
- Crime News
Security guard stabbed to death in Samut Prakan
A female motorbike taxi driver has allegedly stabbed a security guard to death after a quarrel at a parking building in Samut Prakan, just south of Bangkok. Police heard about the fatal stabbing of 37 year old Sathaporn Thong-In at 10am. The victim was found lying in a pool of blood and had a stab wound on the left side…
- Things To Do
10 proven tips to sell your property quickly in Thailand
Selling property can be a headache, especially when you sell in an unfamiliar market like Thailand. However, it doesn’t have to be like that. There are several fool-proof ways we have gathered from experienced agents at Thaiger Property in Thailand to help you increase your viewings and sell your property faster. 1. Have the right attitude Thailand is a buyer’s…
