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Search Result for “rentals”

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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

Illegal condo rentals continue in Bangkok

Molpasorn Shoowong, Published on 29/04/2025

» Despite authorities' efforts to crack down on illegal daily rentals in condos, major tourism cities are continuing to see the practice persist, including a condo building in Bangkok's Sukhumvit 11 developed by a SET-listed company which has avoided an investigation by just changing its name.

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THAILAND

New moves to stamp out illegal condo rentals

News, Aekarach Sattaburuth, Published on 13/04/2025

» State agencies are being urged to work with online accommodation booking platforms to develop a system that allows only properly registered hotels and accommodation providers to accept online bookings.

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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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THAILAND

'Fear and anxiety': Bangkok residents seek quake-proof homes

AFP, Published on 07/04/2025

» BANGKOK - Shaken hours earlier by a massive earthquake, Phatsakon Kaewkla's terror was magnified when he came home to find gaping cracks in the walls of his 22nd-floor Bangkok apartment.

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GENERAL

Thai inflation rate to fall sharply in Q2

Reuters, Published on 04/04/2025

» Thailand's annual inflation rate slowed to under 1% in March and will drop even lower in the current quarter, the Commerce Ministry stated on Friday as it flagged a cut to its 2025 forecast but said the country was not experiencing deflation.

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PROPERTY

High-rise condo transfers set to plunge

Published on 03/04/2025

» Transfers of high-rise condominiums in Greater Bangkok are expected to decline by 50%, while total condo transfers in the region may dip by 0.8% from 2024 in the aftermath of last week's earthquake, according to research and securities firms.

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GENERAL

Earthquake set to worsen tourism market

Business, Somruedi Banchongduang, Published on 01/04/2025

» The Bank of Thailand believes the earthquake will further slow the already sluggish recovery of the property sector and impact foreign tourist arrivals.

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PROPERTY

Ins and outs of daily condo rentals

Kanana Katharangsiporn, Published on 22/03/2025

» The illegal rental of condo units on a daily basis has sparked serious concerns among residents and co-owners over safety, irresponsible behaviour, and noise disturbances caused by short-term guests.

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THAILAND

Thai police arrest rental car theft gang

Wassayos Ngamkham, Published on 20/03/2025

» Police have busted a gang which stole at least 50 rental cars, used fake documents to register the vehicles and resold them on the internet.