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PROPERTY

Hong Kong home sales sink to 33-year low

South China Morning Post, Published on 03/01/2024

» Property transactions in Hong Kong descended to the lowest level in 33 years in 2023 as sentiment among potential homebuyers was submerged under a deluge of poor economic news and high interest rates, although December's sales figures showed some rebound.

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PROPERTY

Partners co-develop Phuket villa project

Kanana Katharangsiporn, Published on 18/09/2023

» Amid a foreign purchasing boom led by Russians, MontAzure has partnered with local developer Botanica Luxury Phuket to develop villas priced 49-170 million baht on Kamala Beach targeting overseas buyers.

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PROPERTY

Bangkok demand to rise in H2

Business, Kanana Katharangsiporn, Published on 20/05/2022

» A property website predicts Bangkok residential demand in the second half will continue to rise after a rebound in the first quarter, led by low-rise houses, though condos grew at a snail's pace.

PROPERTY

Developers risk flooding the market, say analysts

Business, Kanana Katharangsiporn, Published on 28/03/2022

» Residential developers should be more careful in terms of unveiling new launches this year as their plans represent the highest level recorded in more than a decade, while unsold inventory could exceed 1 trillion baht, leading to a high level of risk, according to Asia Plus Securities.