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Search Result for “REIC”

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PROPERTY

Bangkok housing developer index for Q1 tallies 4th-lowest level ever

Business, Kanana Katharangsiporn, Published on 30/05/2025

» The sentiment index for Greater Bangkok housing developers in the first quarter of 2025 fell to the fourth-lowest level ever, behind previous troughs recorded in the fourth quarter of 2011 during severe floods, the global financial crisis in 2008, and the onset of the Covid-19 pandemic.

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PROPERTY

Phuket, Rayong and Samui post transfer growth in Q1

Kanana Katharangsiporn, Published on 27/05/2025

» Phuket, Rayong and Samui were the only destinations to record growth in residential transfers in the first quarter of 2025, following a crackdown on nominee ownership by the Central Investigation Bureau (CIB).

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THAILAND

Distinctive Highlights of The Only Thai Branded Residence: The Residences at Dusit Central Park

Published on 30/04/2025

» The concept of branded residences, a property development model paired with exceptional services, has become a hallmark of world-class real estate projects. Designed to meet diverse lifestyle needs of high-net-worth individuals (HNWIs) as a growing consumer segment, branded residences are rooted in history. The idea became widely known in 1927 during America’s economic heyday when a New York’s luxury apartment, The Sherry Netherland, distinguished itself by offering hotel-style management and services tailored to its residents' needs, paving the way for the branded residences we know today. According to CBRE Global, branded residences go beyond revenue strategies in real estate; they leverage brand equity to drive project sales. Developers collaborate with brands, ranging from luxury hotels to fine jewellery, to craft and deliver elevated living experiences through unparalleled quality, design, and services inherent to the brands. This approach not only meets the needs of discerning clients but also enhances property value by 25-30%. Moreover, luxury branded residences have shown remarkable growth across regions, with a 36% increase in Asia-Pacific (APAC), 77% in Europe, the Middle East, and Africa (EMEA), and 46% in the Americas, reflecting the surging global demand for such projects. 

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PROPERTY

Property investment cut amid weak demand

Business, Kanana Katharangsiporn, Published on 23/04/2025

» Residential developers in three eastern provinces slowed new investments last year in response to weak demand, driven by high mortgage rejection rates among local homebuyers.

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PROPERTY

Foreign condo purchases decline 6.8% in value

Business, Kanana Katharangsiporn, Published on 22/04/2025

» Condo transfers to foreign buyers in Thailand rose by 0.86% last year, but the total value declined by 6.8%, reflecting concerns over a weakening global economy that may face additional pressure from the US's tariff policies.

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PROPERTY

Chinese EEC investment disappoints

Business, Kanana Katharangsiporn, Published on 12/04/2025

» The benefit to Thai real estate from Chinese industrial investment may be limited to land sales in industrial estates and other areas within the Eastern Economic Corridor (EEC), as Chinese investors often bring their own materials, labour and contractors.

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PROPERTY

Fee cuts for B7m range lift home demand

Business, Kanana Katharangsiporn, Published on 02/04/2025

» The reduction in transfer and mortgage fees for units priced 7 million baht or less, which expired last year, lifted home demand in Bangkok within this price range, according to a recent survey.

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PROPERTY

Residential developers fine-tune strategy

Kanana Katharangsiporn, Published on 27/03/2025

» Residential supply and demand in Chon Buri has shifted towards the rental market due to weakened purchasing power and high mortgage rejection rates among prospective local homebuyers, while foreign demand remains strong, according to property executives.

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INVESTMENT

Trump tariff storm batters Asian shares

Business, Published on 01/03/2025

» RECAP: Emerging Asian markets got swept up in the global equities storm yesterday, with Thai and Indonesian stocks teetering on the brink of a bear market as President Donald Trump's latest tariff threats sent risk assets reeling.

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PROPERTY

Wary developers weigh down land price index

Business, Kanana Katharangsiporn, Published on 13/02/2025

» The year-on-year increase in the land price index in Greater Bangkok in the fourth quarter of 2024 slowed to 1.8%, close to the historic low of 1.7% recorded in the fourth quarter of 2021, mainly due to tepid investment among developers.