Phuket is becoming a hot spot for mainland buyers looking to escape the hustle and bustle of crowded cities. The Covid-19 pandemic has only intensified this trend as people seek a safer, less populated place to call home. Phuket has a lot to offer, with its stunning beaches, lush greenery, …
Read More »Perspective on Cambodia and a Big Local Sale
Our first piece today from Khmer Times is reviewing an interview with Fiabci-Thai president Dr. Sopon Pornchokchai, also a member of the Asean Real Estate Network Alliance council. Cambodia, he says, with about 50% formal market share of condos, including 33% in Phnom Penh, is quickly catching up to Bangkok, …
Read More »Money and Expansions from Vietnam & Beyond SE Asia
Phuket Property Watch here with your wind-down to the weekend. Today’s news focuses on Thailand-adjacent markets and beyond. Our first item is a Business Times review of some important perspectives in the region. A Bloomberg profile suggests that development of real estate in Vietnam in general and property in Ho Chi …
Read More »The Property Tech Revolution is Here
Greetings from Phuket Property Watch. As those in the business have surmised, technology and property management are a delightful match and have been for some years now. New and impressively-designed Thailand property portals seem to open overnight. As megafirms try to find new ways to improve growth, proptech is evolving …
Read More »Thai Property Optimism Continues into February
Happy Friday and Happy February from Phuket Property Watch! Maybe it’s the excitement of the new year, maybe it’s realtors trying to instill confidence, maybe it’s even a trend. What we’re talking about today are the continued positive outlooks for Thailand property markets, with some interesting stats to help back …
Read More »How Phuket Beats Pattaya
Our first item for the new week is an Asian Correspondent review of the state of the property buyers’ market in Pattaya. Colliers International‘s Senior Research Manager Phattarachai Taweewong describes how oversupply in Pattaya is leading to continually softer returns as a large portion of buyers in the city are simply investors …
Read More »Continued Investment and Yachts over Clean Water
Hello and Happy Friday from your friends at PPW. We’ve got a good roundup for you this week, starting with an Asian Correspondent reflection on comments from Juwai.com CEO Carrie Law. Law mentions a few reasons to expect continued interest from Chinese buyers in 2019, from quality projects offering lifestyle …
Read More »New Retirement Channels and Runesu Basement Tech
Hi and Happy Friday from Phuket Property Watch! Today’s first story comes from a PRWeb press release about Juwai.com‘s outreach efforts toward the burgeoning aging population in China; according to Carrie Law, Juwai CEO, “there will be 340 million Chinese aged 60 or above” within just over a decade. In addition to …
Read More »Sena Reticence, More BoT Concerns and a Lingering Investigation
Our first item today from the Business Times SG discusses Sena Development, who are launching a total of thirteen projects in Thailand this year. With an overall value of THB 10 billion (and a 2019 expected earnings growth of 20% due to completion of prior project sales) one might think …
Read More »Swim with the Tide
Our theme for today is to look for the big trends that will dictate the course of things, regardless of your business desires. We’ll start as always with non-local news, this time from the Bangkok Post about the forces behind sustained demand in Thailand and cities like Bangkok for investment …
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