By the Book: Property market ripe for a rebound

By the Book: Property market ripe for a rebound

PHUKET: Timing in life is everything but timing markets is always difficult. Buy low and sell high is easier said than done. At the top of the market is when most are buying, media news is positive and the consensus is cheery, while at the bottom people are fearful the market will go lower still. For some time now many of our articles have talked about the market reaching a bottom and that buyers should now be looking to buy back in. This is, of course, viewed with some skepticism of trying to ‘talk up’ the market. However during April and May, Siam Real Estate has experienced a marked increase in buying activity, mostl

Friday, June 16, 2017 | 05:00 PM

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Property Watch: The island that never gives up

Property Watch: The island that never gives up

PHUKET: Phuket is an island in which the motto “Never Give Up”, rings true. At one time, t-shirts and souvenirs could be seen listing the issues that businesses in Phuket had faced year after year, and yet through the human trait of perseverance and resilience, Phuket and its people carried on. So far as property investment is concerned, the same rings true. Property agents face a market where their role is made ultra difficult due to unprofessional agents who, using a website, a mobile phone and a car, guess their way around the island. They talk about ‘new upcoming areas’ and pray that their unknowing customers won

Thursday, June 8, 2017 | 04:00 PM

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Infinity Condominium launches new project in Bang Tao

Infinity Condominium launches new project in Bang Tao

PHUKET: Infinity Condominium held the grand opening of its seven-storey condo project in Bang Tao late last month. The project will comprise of 78 units ranging from 59 square meters to 60.6sqm and include one bedroom, two bedroom, and two bedroom deluxe condominiums. “Construction will start by end of the year and is expected to be completed in two years. The units will be available for sale starting from the grand opening day. Even at this stage, we have received a lot of positive feedback from our agents,” said Apiwat Chaiyarat, general manager of the project. “The unique thing about this project is the size of the r

Thursday, June 1, 2017 | 02:00 PM

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Property Watch: Thailand at a crossroads in property investment

Property Watch: Thailand at a crossroads in property investment

PHUKET: Thailand is and will remain an attractive property market to invest in. The geography lends itself well to a good quality of life, especially if income to support that lifestyle isn’t an issue. However, it does have neighboring competition and is in the process of assessing its options to revise laws to continue developing its economy. The way in which Thailand chooses to proceed at this current crossroads will have an impact for the next 5-10 years and will shape the volume and quality of foreign investment in property. Amid a backdrop of protests about ‘long leases’ for foreigners in special economic zones, I

Tuesday, May 2, 2017 | 02:00 PM

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Across the Land: Luxury villa rentals picking up in Phuket

Across the Land: Luxury villa rentals picking up in Phuket

PHUKET: This year, the luxury villa rental inquiries are coming in early. By March, agents had already started calling around asking for rental rates over the holiday season of December 2017 to April 2018. Luxury villa rentals over the last two holiday seasons have been somewhat disappointing, with villa owners either not achieving any rentals for their properties at all or conceding a lower rental rate to accommodate the budget of the booking. It was also noted that the length of bookings over the last two holiday seasons, if any, were shorter than previous years. The holiday season also looked quite positive, with inqui

Wednesday, April 26, 2017 | 02:00 PM

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By the Book: Buying property in Thailand

By the Book: Buying property in Thailand

PHUKET: Buying property in Thailand is not straight forward, so you will need sound, professional advice which acts in your best interest. It can be a confusing experience due to laws, regulations, the language barrier and the many choices. Real estate brokers in Phuket have the largest selection of property, land and long-term rentals – they have sales teams that are both foreign and Thai and can speak a variety of languages. With a vast array of properties available, it is important to short list to maximize the use of your time and avoid viewing unsuitable properties by narrowing down choices. Brokers act as a liaison

Wednesday, March 22, 2017 | 02:00 PM

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