International Property Investment » Thailand

Buying Property in Thailand – Wait – No recovery until 2011

Mark Knowles — Mon, 19 Jan 2009 22:18:13 +0000

Thailand’s property market is unlikely to recover from the current slowdown until 2011, according to Aliwassa Pathnadabutr, managing director of real estate advisers CB Richard Ellis Thailand. According to CBRE, prices and transactions across all segments were down Q4 2008, and the market may retreat another 20%, the biggest fall since the 1997 financial crisis.

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Record Land Price Reached in Bangkok

Mark Knowles — Tue, 10 Jun 2008 09:57:29 +0000

A recent land sale on Sukhumvit Soi 6, (Bangkok) has set a record at $7,500 per square meter, according to real estate agents, CB Richard Ellis Thailand (CBRE).

The price of the 4,800 square meter site in front of Jaisamarn Full Gospel Church beat the earlier record set by Central Retail Corp for a plot on Phloen Chit Road owned by the British Embassy in mid-2006.

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Thai Property Developer MBK posts a Good Result

Mark Knowles — Tue, 19 Feb 2008 09:54:53 +0000

Clearly property is more profitable than food in Thailand and MBK has the figures to prove it. It’s certainly good to see some positive news from the property markets.

Thai property developer, MBK Plc, reported a consolidated net profit of £10.5 million for the first half of its 2007 financial year starting from July 1st – this is a 24.7 percent rise from the same period a year earlier, on revenue totaling £48 million – up 1.9 percent.

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