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Search Result for “foreign condo buyers”

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PROPERTY

Foreigners lead the way in condo market

Business, Kanana Katharangsiporn, Published on 14/05/2024

» Foreign buyers dominated the condo market in the first quarter of 2024, with new launches focused on major tourist destinations, amounting to a combined investment value of more than 56.6 billion baht.

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PROPERTY

Caution urged for Pattaya developers amid fears of a glut

Business, Kanana Katharangsiporn, Published on 07/05/2024

» Despite strong sales last year, Pattaya developers need to exercise caution before launching new condos to avoid an oversupply, as new launches in the market are projected to grow 50% to 5,000 units in 2024, according to property consultant Colliers Thailand.

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PROPERTY

Developers want foreign quotas to be hiked

Kanana Katharangsiporn, Published on 17/04/2024

» Foreign ownership quotas for condos should be increased in certain areas to stimulate the economy as increasing demand from foreign buyers last year is expected to continue this year.

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PROPERTY

Sena unveils rent-to-own condo scheme

Business, Kanana Katharangsiporn, Published on 11/04/2024

» SET-listed developer Sena Development is launching a rent-to-own programme for ready-to-move-in condos, aiming to close sales of 1,000 units worth 1.4 billion baht by the end of the year.

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PROPERTY

Foreign condo sales top pre-Covid level

Published on 04/04/2024

» Chinese and Russians topped the list of foreign buyers of condominiums in Thailand last year, with visa waivers and geopolitical conflict driving demand above pre-Covid levels, according to the Real Estate Information Center (REIC).

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PROPERTY

Eastern developers ease supply

Kanana Katharangsiporn, Published on 01/04/2024

» The ability of local developers to adapt improved absorption rates across most housing categories in three eastern provinces, as they slowed launches amid unfavourable conditions.

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PROPERTY

Russians control residential leasehold segment in Phuket

Business, Kanana Katharangsiporn, Published on 15/03/2024

» The value of residential units in Phuket leased long-term by the top 10 foreign nationalities almost tripled to 12.8 billion baht in 2023, mainly driven by Russian buyers fleeing the conflict in Europe as the foreign quota for condos was filled in many areas of the island.

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THAILAND

Whizdom Craftz Eyes Global Market with Knightsbridge

Published on 14/03/2024

» “Whizdom Craftz Samyan” by MQDC has again created a stir in the Thai real estate industry by linking up with Knightsbridge to reach overseas buyers, confidently targeting foreign purchasers with 100 condo units totalling 1.7 billion baht with its outstanding location at the heart of "Samyan Rama IV".

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THAILAND

AP Thailand Launches LIFE Ladprao Valley for Foreign Buyers

Published on 11/03/2024

» Thailand’s foremost residential property and condominium market leader, renowned for its commitment to "Cheevit Dee Dee Tee Lueak Eng Dai," is expanding its reach to foreign customers both within Thailand and abroad by introducing its move-in ready condominium development, conveniently situated near the rapid mass transit system, LIFE Ladprao Valley.

PROPERTY

Phuket housing market still robust

Kanana Katharangsiporn, Published on 01/03/2024

» The Phuket residential market is expected to remain robust in 2024, with prices projected to increase by 10-15%, driven by Russian demand and an anticipated return of Chinese buyers in the second half, according to property consultant CBRE Thailand.