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  • PROPERTY

    Office demand turns negative in 1st quarter

    Business, Kanana Katharangsiporn, Published on 25/04/2024

    » The office market recorded negative absorption in the first quarter of 2024, ending a consecutive seven-quarter rise from mid-2022, as demand shifted from non-green to green spaces and downsized offices, according to property consultant Knight Frank Thailand.

  • PROPERTY

    Surge in new office supply to prompt rejig

    Business, Kanana Katharangsiporn, Published on 15/02/2024

    » As around 1.4 million square metres of new office space is slated for completion between 2024 and 2026, landlords of existing office space should renovate or add new amenities to retain their existing tenants as new office towers will seek to attract both new clients and tenants of existing properties looking to relocate.

  • PROPERTY

    Tighter lending rules hinder condo market

    Business, Kanana Katharangsiporn, Published on 13/02/2024

    » The industrial and hotel sectors will continue to grow, unlike the condo market which will remain sluggish due to stricter rules for mortgage lending by banks, according to property consultant Knight Frank Thailand.

  • PROPERTY

    Phuket adds 4 top-end villas

    Business, Kanana Katharangsiporn, Published on 19/12/2023

    » SET-listed Charn Issara Development launched four super-luxury villas priced between 250 and 300 million baht in the Sri Panwa project in Phuket, targeting affluent Thai, Chinese and Russian buyers.

  • GENERAL

    Strategy for data centres proposed

    Business, Published on 04/12/2023

    » As new international and domestic players are expected to expand data centres in Thailand, the country should prepare policies to cater to rising supply and demand.

  • PROPERTY

    Office occupancy rate dips

    Kanana Katharangsiporn, Published on 29/11/2023

    » The occupancy rate for Bangkok office space is expected to keep dropping over the next few years because of the enormous supply of more than 1.6 million square metres in the pipeline.

  • PROPERTY

    Bangkok condo market slows in Q3

    Kanana Katharangsiporn, Published on 20/11/2023

    » The Bangkok condo market slowed in the third quarter of 2023, plunging to its lowest point for supply and demand since the third quarter of 2021, mainly attributed to rising interest rates.

  • THAILAND

    Luxury Living Redefined: Tait Sathorn 12 Unveils Iconic Condominium Project

    Published on 07/11/2023

    » RML (Raimon Land Public Company Limited), a leading developer of luxury and ultra-luxury real estate, is offering a sneak peek of the iconic landmark in the heart of the city - the luxury ready-to-move-in 'Tait Sathorn 12' for the first time. With the concept of 'Live The Iconic Life,' this new condominium project offers an ultimate living lifestyle in the heart of Sathorn, emphasising convenient living in every dimension, with an outstanding design that has won numerous awards for three consecutive years. The common area covers a spacious area of more than 2,000 square metres. Sales of the project have surpassed 97%, and customers have transferred quickly, leading RML to be confident that this year's transfer rate will exceed the 2.6 billion baht target.

  • THAILAND

    KingsQuare Residence Soars, Surpasses 1 Billion Baht Target

    Published on 07/11/2023

    » Knight Frank Thailand has reported that the condominium market faced significant challenges during the second and third quarters of 2023 due to the resurgence of delayed purchasing power, despite a continuous influx of new supply. The second quarter saw an increase in accumulated units for sale at low prices, while the investment sector of the condominium market showed a slight recovery in the third quarter. However, negative factors such as central bank inflation rates and high household debt levels continue to impact certain segments of the market, resulting in stagnation and increased competition.

  • THAILAND

    Knight Frank Transforms Property Management with Innovative Systems

    Published on 25/09/2023

    » Knight Frank is revolutionising property management in Thailand by introducing two cutting-edge systems: KF Care, a comprehensive condo management application, and OBMS, an office building management system with seven functions. These innovations are designed to elevate property management standards and target the management of 100 real estate projects by 2025, demonstrating their commitment to quality and sustainability in the industry.

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