Thai Property News

Phew!!
Signs of a measure of calm returned to global stock markets on Friday, ending a tumultuous week.  Asian stocks extended their region-wide rebound Friday, with Hong Kong shares leading the way with a 6.73 per cent jump, ending one of the most volatile weeks in the market’s history.
In Bangkok, the SET index surged 32.32 [...]

Nuntawun Polkuamdee of The Bangkok Post reports The Stock Exchange of Thailand ended its final day of trade for 2007 at 858.1 points, with Thai stocks posting a 26.22% gain for 2007. 

The smaller Market for Alternative Investment posted even stronger gains, rising 40.81% over the year to close at 272.37 points.
  
Foreign investors were net buyers [...]

December 27 Turnout in Thailand’s election reached a record 74.45%, higher than the 70% projected by the army-backed government, according to the Election Commission Chairman Apichart Sukhagganond.Final figures provided by the Commission show that about 32.8m of the 45.64m eligible voters cast ballots.
The People Power Party (Thaksin’s allies) won 233 of the 480 seats in parliament, [...]

Technorati Tags: thailand , thai property investment , property investment

An article in Hua Hin Today reveals a report by The Real Estate Information Center of Government Housing Bank confirming the property slowdown given the nationwide land & real estate fee payments decreased by both value and number for the first half [...]

Technorati Tags: thai property , thailand , asis property investment
With the sudden weakening of the Baht last week, Anoma Srisukkasem of The Nation reported the central bank’s warning of currency volatility from risk aversion would continue if the sub-prime mortgage fiasco in the United States went unresolved.
The Bank of Thailand admitted it had intervened in [...]

Thai Property News picked up this little nugget from Sriwipa Siripunyawit, Bangkok Post (Oct 14) who reports the Thai financial market has weathered the US sub-prime storm and should now head on a bull run largely due to solid fundamentals and the upcoming election, which will lead to improved consumer and investor confidence.
Head of fixed [...]

“…. prices will jump significantly once uncertainties over an elected government and changing policies diminishes…..”
Since the Economic Crisis in the late 90’s, investors have realized the importance of quantitative research of the real estate market.  We think  Raimon Land’s,  “Condominium Focus”, published semi- annually is an invaluable tool to help you monitor the Condominium sector [...]

There’s a lot of talk of slowdown in the Thai property market, and the political uncertainties have certainly had their effect.  But Clayton Wade, managing director of Premier International, a Thailand-based residential and commercial property consulting group, in a recent interview with The Bangkok Post, has a different take.  With the recent downturn in economic [...]

Depends where you come from, I guess. 
Consider this: the price of Somkid Gardens, which during the 1997 financial shake-up was around 100,000 baht a square metre, would, if there is a unit for sale today, be at least 140,000 to 170,000 baht a square metre.  ‘Only’ around a 40- 70% uplift. 
Most people would probably expect [...]