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Weakness in the BKK condo market

The Thaiger

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PHOTO: Nara 9 – www.nara9.net

Property consultants, Edmund Tie & Company – South East Asia – report that the new condo supply for 2019 is ‘unlikely to increase’ and that sales rates are disappointing in Q3.

Their report says that the take-up rate of newly launched condominium projects in Q3 in Bangkok’s CBD dropped from last year’s 58% to only 31%, year on year. This is even lower than the performance in Q2 which was 46%.

Developers are acknowledging that there is a weaker demand for residential units and a significant drop in overall supply.

The three highest performing condo sale segments were the ‘luxury segment’, followed by the ‘super luxury’ and ‘Grade A’ segments.

The average price for condos has remained flat for Q3, compared to Q2 – around 330,000 baht per square metre – but this is still a 32% increase when compared to the same quarter in 2017, according to the report.

But Edmund Tie report that the figures are just a minor ‘blip’ following big rises in demand and sales over the past three years. They report that the new condominium supply in the CBD during Q3 was 1,636 units, rising from 852 in Q2, 2018 – a 92% increase in new units hitting the market.

For the office sector, their report says that rents will continue to increase gradually in the final quarter of this year and into 2019, driven by limited supply.

“There will be an increased demand for office condos in Bangkok.”

They say office developers remain focused on providing open-plan office space close to public transport nodes.

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Thailand

Bangkok Airways cancels all domestic flights from April 7

Anukul

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Bangkok Airways cancels all domestic flights from April 7 | The Thaiger
PHOTO: Facebook@FlyBangkokAir

Bangkok Airways has announced today that they will cancel all it domestic flights from April 7 – 30. The company’s vice president, Tresarum Sitakalin says the flights that are being cancelled are…

  1. Bangkok – Chiang Mai
  2. Bangkok – Phuket
  3. Bangkok – Trat
  4. Bangkok – Sukhothai
  5. Bangkok – Samui
  6. Samui – Phuket

“The company had previously decreased flight frequencies on these routes and also using some of their smaller ATR aircraft instead of their Airbus 320 aircraft.”

“From April 7 onwards until April 30, we will cancel all flights.”

Requesting for a refund can be done at www.bangkokair.com/refund or contact their ticketing offices at +662 270 6699 or Bangkok Airways Call Centre on 1771 . For passengers who purchased their tickets through travel agencies, please contact their travel agency directly.

SOURCE: The Nation

Bangkok Airways cancels all domestic flights from April 7 | News by The Thaiger

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Coronavirus (Covid-19)

Urgent repatriation notice for Swiss and German citizens as immigration rules tighten

Greeley Pulitzer

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Urgent repatriation notice for Swiss and German citizens as immigration rules tighten | The Thaiger

An urgent repatriation notice has been issued for Swiss and citizens in Thailand. According to Richard Barrow’s Twitter feed, flights are being urgently chartered to evacuate citizens of both nations: A notice posted on the Embassy of Switzerlad’s website reads…

For Swiss travellers in Thailand: Swiss charter flights from Thailand to Switzerland/update…

Bangkok – Zurich
– Good news: seats are still available for a 2nd charter on Sunday April 5 (at 13:05). To register, please send the requested information below for all concerned passengers to: bangkok.bkk@eda.admin.ch -> Deadline: Thursday April 2, 20:00

Phuket – Zurich
– The charter flight is now confirmed for Thursday, April 2, at 23:35. People who have registered will receive a confirmation soon.
– Good news: a few seats are still available. To register, please send the requested information below for all concerned passengers to bangkok.hkt@eda.admin.ch ->

Requested information to be sent…

1. Point of departure: Bangkok or Phuket
2. Family name, first name(s)
3. Date of birth
4. Passport number/Residence permit in Switzerland
5. Validity date of the passport or residence permit in Switzerland
6. Phone number where you can be reached at any time

• Please note that no health certificate is required to board on these flights. However, people with Covid-19 related symptoms are not allowed to travel. More information on these flights is available on our website (www.eda.admin.ch/bangkok)

A similar notise was posted for German nationals…

Urgent repatriation notice for Swiss and German citizens as immigration rules tighten | News by The Thaiger

Due to the Covid-19 coronavirus crisis, travel restrictions and requirements in Thailand are sometimes difficult to navigate. One netizen told The Thaiger this morning that Immigration officials in Hua Hin were demanding the following for an extension of stay…

  • Application form (TM.7)
  • Fee 1,900 baht
  • 2 photographs (passport photo)
  • Copy of applicant’s passport (Data page, Visa page, Stamp page, TM6 card)
  • Letter of confirmation and request for a temporary stay from the embassy and consulate in Thailand
  • Proof of address: In case stay at Hotel – Letter of confirmation of stay from hotel – Hotel booking – Photograph of foreigner at hotel 2-3 pictures. In case rent a house/condominium – Rental agreement – Copy of Lessor’s ID card and copy of Lessor’s house book – Copy of house book from where you rent – Photograph of foreigner at house/condominium 2-3 pictures
  • In case of foreigner own the property – Copy of a house book – Copy of Title deed – Photograph of foreigner at the property 2-3 pictures
  • Map from house to immigration
  • Note: Foreigner must prepare all documents for 2 copies

SOURCES: Twitter | Embassy of Switzerland

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Crime

Woman convicted for 2005 stabbings, allegedly kills 5 year old

Greeley Pulitzer

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Woman convicted for 2005 stabbings, allegedly kills 5 year old | The Thaiger
PHOTO: The Nation

A mental patient who served prison time for the 2005 stabbings of 4 girls in Bangkok has turned herself in to police after allegedly stabbing a 5 year old girl to death.

50 year old Ms. Jitrlada Tantiwanitchasuk gave herself up to police in Nakhon Pathom province otside Bangkok yesterday. The 5 year old victim was pronounced dead on arrival at Nakhon Chaisri Hospital (NOTE: reports differ on the ages of the suspect and the victim)

Salee Uanmin, the girl’s 49 year old grandmother, runs a food stall at a house which she rents from Jitrlada’s mother.

A heartbroken Salee told police she was filling an order for six boxes of food from Jitrlada. She had put steamed rice into the boxes when she saw her 5 year old granddaughter, Tiprada Homsuwan, had fallen from her bed, and noticed her chest was bleeding.

Little Tiprada was rushed to hospital, but was pronounced dead. Shortly afterward Jitrlada surrendered herself at the local police station. Her family came to the station and told officers that she had just left a mental institution a week ago. Jitlada reportedly appeared to be in a trance and did not respond while being interrogated.

Her family said that she had been treated for mental illness for 20 years and was previously imprisoned for eight years after stabbing four Saint Joseph Convent School students .

In 2005, Jitrlada stabbed the 4 schoolgirls at Saint Joseph’s Convent in Bangkok, and allegedly killed a four year old girl on March 29 the same year. She was found guilty of attempted murder and sentenced to eight years in prison. Upon release she was sent to Galaya Rajanagarindra Institute for mental treatment, and later discharged.

SOURCES: Chiang Rai Times | The Nation

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