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 »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 »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 »Bangkok Lookback & Projections and a Layan Beach Blockout
Slow news Sunday? Get your fix with Phuket Property Watch! Today we’ve got some interesting items from the pipeline. First up is an EdgeProperty look at Bangkok property markets in 2018 with previews for 2019 thanks to James Pitchon of CBRE. As of 5 Nov, Sansiri reported foreign buyer presales …
Read More »Baba Phuket, Market Tests and a Strong Hua Hin
Today we have a nice calm Friday selection for you, hopefully welcome after Tropical Storm Pabuk’s ragings. We’ll start with the business news of the day, specifically about Thailand property markets and the stability of the overall financial system in Thailand courtesy of The Nation. The Bank of Thailand (BoT) doesn’t …
Read More »Your 2018 in Review
Today’s update comes to us courtesy of PropertyGuru Property Report Magazine Issue 151: “2018: the year in secondary property markets“. We hear some summaries and wrap-ups from analysts and experts about secondary markets’ growth in 2018 Southeast Asia, thanks heavily to foreign investments. Markets in Philippines are doing nicely. Davao …
Read More »Laguna, Allianz and a Big 2018
Today’s roundup starts with a story from The Thaiger on Laguna and how their development has helped to shape the island of Phuket. A variety of projects spanning thousands of units built, sold and lived-in prove the impact of real estate developers and investment tourism on local markets. The next …
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