Thailand’s biggest international real estate provider, CB Richard Ellis, has reported soaring interest in holiday home investment, which it attributes to booming tourism and an increase in flight links.
In Phuket, the firm reports a 32 per cent increase in transactions from the third to last quarter of 2007, with a 59 per cent increase in their value, based on the latest statistics from the Land Department. While villas prices doubled from 2000 to 2006, CBRE said: “Phuket remains globally competitive. Prices and interest remain solid.”
Tuesday, May 27, 2008
Tuesday, May 20, 2008
Developer's research indicates higher returns even after factoring in inflation
At a time when fixed deposits earn interest at only 2.5 per cent, property companies and agencies suggest buying residential property located close to the mass-transit system - an investment that can generate a return of 7 per cent to 100 per cent.
The returns will depend on the term of the investment.
According to research by CB Richard Ellis Thailand, resale prices for residential projects located close to the mass-transit system and the Central Business District from the Asoke intersection to Soi Thong Lor range between Bt110,000 to Bt130,000 per square metre. This shows an increase of between 37.5 per cent and 62.5 per cent from Bt80,000 to Bt90,000 per square metre last year.
The returns will depend on the term of the investment.
According to research by CB Richard Ellis Thailand, resale prices for residential projects located close to the mass-transit system and the Central Business District from the Asoke intersection to Soi Thong Lor range between Bt110,000 to Bt130,000 per square metre. This shows an increase of between 37.5 per cent and 62.5 per cent from Bt80,000 to Bt90,000 per square metre last year.
Sunday, May 11, 2008
Montpellier: Global Property Evening for Expatriates
Venue: Grand Hyatt Erawan Hotel, Chidlom Road, Bangkok
"Bangkok Condominium Market, what is the future?"
by Nicholas Vettewinkle CB Richard Ellis (Thailand) Ltd. on
"Short Term attractive returns, from Top End Properties in Central London"
by Tony Davies -The Dragon Property Group
"Bangkok Condominium Market, what is the future?"
by Nicholas Vettewinkle CB Richard Ellis (Thailand) Ltd. on
"Short Term attractive returns, from Top End Properties in Central London"
by Tony Davies -The Dragon Property Group
Saturday, May 3, 2008
Beach villas phuket
The two main objectives of the builders of Thailand homes and other Thailand properties are to provide elegant designed properties including with property services to make the foreigners attracted to invest in the local market of Phuket and make a profitable development of its local environment.
Investing in Phuket offers great benefit to its investors as this place is easily accessible from the cities like Hong Kong, Bangkok, Singapore, Taipei and KL. Being the finest tropical island of Thailand, it is an attractive place for the visitors; therefore this beautiful location has continual resort development Phuket for those for whom tourism is the main motive. Phuket enormously represents various sports like diving, sailing, golf and fishing.
Real estate Phuket symbolizes ideal island paradise, perfect natural environment and is a great location of shoppers’ dream that together makes this place grand for investment in future.
Investing in Phuket offers great benefit to its investors as this place is easily accessible from the cities like Hong Kong, Bangkok, Singapore, Taipei and KL. Being the finest tropical island of Thailand, it is an attractive place for the visitors; therefore this beautiful location has continual resort development Phuket for those for whom tourism is the main motive. Phuket enormously represents various sports like diving, sailing, golf and fishing.
Real estate Phuket symbolizes ideal island paradise, perfect natural environment and is a great location of shoppers’ dream that together makes this place grand for investment in future.
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