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Archived Bulletins
June 2008
Bali - Two Spectacular Residential Beachfront
Developments Underway in Candi Dasa.
Sylviane Chaubert feels that Karangasem is ‘the very soul
of Bali,’ this is why she has chosen Candi Dasa as the
location for her two spectacular villa developments. She
is also giving something
Thailand - Commercial Considerations.
Thailand’s commercial property market is both unique and
complex, buffeted by many factors that are not always
found in other countries. The further relaxation of the
FBA in regard to opening up
Phuket - TMB launches luxury fund.
TMB Asset Management has launched a Luxury Real Estate
Investment Fund (LUXF) to invest in the Six Senses
Hideaway Yao Noi, which opened last November in Phang Nga
Bay. The resort is owned by
Pattaya - Ocean’s Edge offers mortgages.
The developers behind the Ocean´s Edge condominium project
near Pattaya revealed that they have signed a construction
finance contract with Kiatnakin Bank PLC which will cover
Koh Samui - Koh Phangan makes green tourism pitch.
Koh Phangan has upped efforts to market itself as a green
tourism destination amid reports that the small island off
its popular neighbour Koh Samui welcomed 330,000
travellers last year.
Phuket - Phuket demographics shift.
According to a new report released by a leading real
estate services firm, the profile of buyers investing in
Phuket is changing rapidly. Jones Lang LaSalle reports
that whilst buyers from the UK, US and
Thailand - Increased flights boost Thai market: CBRE.
Thailand real estate firm CB Richard Ellis has reported
soaring interest in holiday home investment, which it
attributes to booming tourism and an increase in flight
links.
Koh Samui - Thailand property seminar.
A number of high profile investors and developers will be
offering their expertise at a seminar on Thailand
property, which will take place at the Centara Grand Beach
Resort in Koh Samui on June 6 at 2pm.
Phuket - Richmond reports strong sales.
Phuket-based developer the Richmond Group has revealed
that units in its developments are being snapped up in
record time by investors eager to get a foothold on the
holiday island.
Thailand - BCCT launches ’Thai means Business’.
The British Chamber of Commerce Thailand (BCCT) has
announced the launch of its ´Thailand Means Business 2008´
campaign, which it says will help improve the confidence
of UK invstors in Thailand.
Koh Samui - Mandalay Villas
breaks ground.
Construction is now underway on the Mandalay Villas, a
project the developers say will bring “high-end quality
and modern design style” to Samui for an affordable price.
May 2008
Bali - Far to the north east of Bali lies Karangasam
Regency, the oldest and, some say, the most traditional of
Bali’s kingdoms.
Thanks to the new road and people wanting to leave the
Seminyak rat race, land prices in the Candi Dasa region
have increased by over 600
Phuket - Raikkonen buys into Phuket.
World F1 champion Kimi Raikkonen has become the latest in
a string of sports stars to buy into Thai resort
development. The Finnish Ferrari driver has revealed that
he has invested in luxurious beachfront unit on
Pattaya - ’Tropical Villas’
launched in Jomtien.
Scandinavian Homes Co., Ltd and Five Star Villas and
Condos of Chateau Dale Plaza, Jomtien announced the launch
of their new project, ‘Chateau Dale Tropical Villas’.
Hua Hin - Redefining the
condominium.
With no immediate sign of either swift or sweeping changes
to the FBA, the trend towards condominium development
continues to drive markets in Thailand’s main resort
destinations.
Koh Samui - ’Eco’ at heart of Sitara Village.
Sitara Village is a unique development by Greencore Co Ltd
covering over 140 rai of prime sea-view land at Thong Nai
Pan on the north easterly side of Koh Phangan.
Chiang Mai - New Office in
Chiang Mai for Kensington.
Kensington Company Limited, provider of quality
design/build services, announced on 1 April 2008 that it
has opened a new Office in the centre of Chiang Mai.
Thailand - Air Travel Boost.
With a combination of increased capacity at Thailand’s
Airports, and a host of new international routes announced
by major airlines in 2008, The Tourist Authority of
Thailand expects inbound tourists to grow
Hua Hin - Tai-Pan, Hua Hin
Attracts Interest.
Located in a countryside setting, just 8km or so from Hua
Hin itself, nestled between the picturesque Black
Mountains and the golf course of the same name, the
Tai-Pan Resort and Condominium Hua-Hin boasts
Koh Samui - 50% Financing at
Maenam Hills.
The Developer behind Maenam Hills in Koh Samui is offering
50 per cent financing, giving buyers an entry level
investment option on the island. With two-bedroom villas
in the development starting at around
Thailand - Experts favour
Asian real estate.
According to a research report released during the
Colliers International Asian Valuation and Advisory
Conference, held in Bangkok on 11 April 2008, Thailand,
China and India were singled out as the three most
profitable
April 2008
Thailand - Exotiq Thailand Magazine launched
Exotiq Real Estate, Thailand’s largest resort focused
brokerage, has announced the launch of ‘Exotiq Thailand’.
This comprehensive property catalogue features a stunning
glossy front cover and contains 140 pages of prime
property
Thailand - Exotiq RE hints at expansion.
Exotiq Real Estate has revealed that it plans to further
expand its services in Southeast Asia with Malaysia,
Vietnam and Cambodia all set to be targeted. The
resort-based realtor, founded in 2001, currently has 11
offices
Lombok - While Bali is nearly filled to overflowing,
interest in the many real estate opportunities to be had
in Lombok is increasing steadily.
Just a short plane or boat ride from Bali is an incredibly
diverse island rich in nature and culture. Dominated by
the presence of
Phuket - Outrigger sets sail
for Thailand.
Outrigger Enterprises Group has announced that it has been
selected to manage a new luxury 400-room full service
hotel and mixed use resort being built in Phuket.
Pattaya - New Na Jomthien
villa project hits the market.
A new 27-unit pool villa development near the undeveloped
Soi 7 area of Na Jomthien has just been launched onto the
Pattaya market. Construction is now well underway on the
Royal Ambassador Residence
Thailand - Samak pledges to
legalise.
Prime minister Samak Sundaravej has vowed to introduce
legislation which will allow for the construction and
operation of casinos across the Kingdom before the end of
this four year term.
Phuket - Phuket proving popular with Russians.
The number of Eastern Europeans visiting Phuket has risen
by over 40 per cent since the tsunami, the assistant
director of the Tourism Authority of Thailand’s Southern
Bureau has claimed.
Phuket - Anchan Villas show
units nearing completion.
Buyers interested in investing the nine-unit Anchan Villas
development on Phuket´s Bang Tao beach will soon be able
to view a finished unit, as the project´s show villas are
nearing completion.
Phuket - Condo developers hit
Patong.
The doors of a new 14-unit apartment development on the
outskirts of Phuket´s Patong Beach has just been opened
for viewing. The Patong View Talay project, which was
designed by Michael Kirchner of Modern Architecture
Pattaya - Thailand’s tallest
condo tower gets go ahead.
Work is about to begin on what will be Thailand´s tallest
condominium tower as the Environmental Impact Assessment (EIA)
submitted by the developers Ocean Tower 1 has finally been
accepted and a building permit issued.
March 2008
Thailand - Thai tourism driving property prices
The popularity of Thailand as the most visited
tourist destination in Southeast Asia has led to a knock
on effect in the property market with new build properties
achieving up to 15 percent growth .
Koh Samui - Samui to become international hub
Following news that Thai Airways will now fly twice
daily from Bangkok to Koh Samui airport, the island´s main
airline, Bangkok Airways, recently announced plans to make
the island Thailand´s second .
Pattaya - First Talay Sawan villas open for viewing
The first luxury villa units in the Talay Sawan
(Paradise Cove) development are now completed and opened
for viewing. The project features 30 villas and is located
at the tiny fishing village of Bang Saray, .
Phuket - Phuket’s Miramare
development selling fast
A spokesperson for Miramare, a condo development next
to Phuket´s sought after Bang Tao beach, has revealed that
one quarter of its 20 units have been snapped up since its
launch last month. .
Phuket - Phuket haven for big
spenders
Phuket is increasingly attracting investors at the
very top end of the market. The hills stretching out from
Surin beach have long been known to local expats as
‘Millionaire’s Row’, but now the area south of .
Phuket - Chalong View ’best
value on Phuket’
Over 30 per cent of units in a Chalong condominium
project, described by its developer as the ´best value on
the island´ have already been sold to buyers, despite the
fact construction only got underway in .
Phuket - Jumeirah Island
villas for sale
TGR Group Asia, the developer behind Jumeirah Private
Island Phuket, recently announced that Jumeirah Hotel
Beach Villas have now been officially released for sale.
.
February 2008
Chiang Mai - Chiang Mai’s first full service residence
Sixty per cent of the units in Chiang Mai´s Azaya
development have already been snapped up by buyers eager
to tap into the northern city's fast-growing high-end
residential sector. .
Phuket - Yamu legal wrangle a ‘test case’ for coastal
projects
The outcome of the investigation into the legality
of Cape Yamu´s proposed 39-berth Marina may set the bench
mark for future coastal development across Thailand after
Human Rights Commissioner Wasan Panich,.
Pattaya - Pattaya luxury proving popular
Local experts say the resort city has turned a
corner. Luxury high-end property in Pattaya in the US$ 1-2
million (30-60 million Baht) range is being snapped up by
discerning investors, keen to take advantage .
Thailand - Thai tourism to rise in ’08
Thailand's 2007 foreign visitor numbers hit over 14
million; a figure just short of that set by the Tourism
Authority of Thailand (TAT). However, senior figures in
the tourism industry are predicting .
Thailand - Sale of lower-cost condos healthy
Low- to medium-priced condominiums near
mass-transit routes are expected to continue to sell well,
despite below-par predictions for other sections of the
market. .
Thailand - Election yet to bring confidence
Impact of landmark poll still yet to be felt in
property market. For nearly all of last year, real estate
executives looked to the December 23 election to clear up
the haze hanging over the market since .
Thailand - Thailand still attracting major investors
Investment is continuing to pour into Thailand from
overseas developers and property-fund managers with the
hospitality industry in traditional holiday locations
attracting the lion's share of foreign projects, .
Thailand - Land prices in Southern Thailand leap
85.79%
The Treasury Department has revealed estimates that
suggest land prices in the south of Thailand have jumped
by a massive 85.79 percent against a nationwide increase
of 26.9 percent. .
Bali - Summer rentals of private villas in Bali are
increasing in popularity
The Summer period, both Northern and Southern
Hemispheres, is the busiest time for Bali tourism and with
private villa rental on the ascendent there are many
trends to be seen in what people are looking for .
January 2008
Thailand - Tourism increases by 3 percent in 07
The Kasikorn Research Center (KRC) says some 14. 2
million foreign tourists visited Thailand in 2007 - an
increase of three per cent on 2006. As well as a rise in
raw numbers, the amount of money visitors are .
Thailand - Survey shows some
satisfaction with current leasehold law
A survey into Thailand´s property laws, which
currently allow foreigners 30-year leases with the option
of two renewals, has found that some 45 per cent of
respondents are happy with the status quo. .
Phuket - Ex-Wimbledon Champ enters Asian market
PHUKET Former Wimbledon champion and property
developer David Lloyd has officially entered the Asian
market with the launch of a new billion Baht luxury villa,
condo and sports club in Phuket. .
Krabi - Construction begins on Monty's Krabi links
Construction has finally got underway on the
long-awaited Montgomerie at Krabi Golf and Country Club,
it has been revealed. Patrick Bowers of IMG, the company
responsible for managing .
Thailand - Charn Issara set
for bumper land buy
Bangkok-based property giant Charn Issara
Development has revealed that it plans to buy up Bt400
million worth of land in key tourist locations around
Thailand..
December 2007
Thailand - Thailand still drawing investors
Investment is continuing to pour into Thailand from
overseas developers and property-fund managers with the
hospitality industry in traditional holiday locations
attracting the lion's share of foreign projects, .
Thailand - When does VAT apply?
It is a common practice in Thailand for landlords
to propose several contracts when they engage a new
tenant. It is a common practice in Thailand for landlords
to propose several contracts when they .
Bali - Southern villa
developments in Bali are the way to go.
On the hillsides of Bali's southern most tip, Exotiq is
marketing several luxury villa developments, cliff top and
hillside, that take full advantage of the natural beauty
and stellar views the Bukit has to offer.
Bali - Seminyak villa developments are still the most sought
after properties in Bali.
Just when you thought every piece of available land was
gone and Seminyak was full, new Seminyak villa
developments are going up at an incredible pace as more
land opens up for .
Thailand - Government confirms
land price increase
The Treasury Department recently completed its
four-year assessment of land prices, confirming what
property industry executives have known for quite some
time: Land prices in resort areas are jumping.
Pattaya - Pattaya targets CIS
investors
This fast developing resort city is making all out
efforts to attract tourists and potential investors from
Russia and other CIS (Commonwealth of Independent States)
countries.
Asia - YOO aims for foothold
in Asian market
Beyond the inner circles of the property
development world, it is rare for a design firm to make a
name for itself in the public domain. Yet YOO, the
international branding, design and investment property
company
Thailand - Capital Land to
build Bangkok Condotel
In early November, Mr. Chen Lian Pang, CEO of T.C.C.
Capital Land, presided over the soft launch of a new
luxury condominium development set on the exclusive
Rajpruek Golf Course on Vibhavadi, Rangsit Road.
Koh Samui - Samui developer sells 'against the grain'
Despite a massive sales slump on Koh Samui,
some of the island's developers and agents are still
finding plenty of clients for thei product. Kalara
Developments, for example,
November 2007
Thailand - FBA debate legal changes to last
The proposed changes to the Foreign Business Act are
unlikely to pass before a new government takes over, but
the fallout from the legal meddling has fundamentally
altered the way foreigners
Thailand - Defining privileges in the Thai long stay
market
Thailand's exotic, friendly charm
attracts tens of millions of visitors each year, with more
and more tourists opting for a longer stay, either in
retirement, for business purposes or simply as a lifestyle
choice.
Phuket - Australian delegation visits Phuket
A second annual meeting of building industry experts
and delegates took place recently on Phuket. Queensland
Government Minister Robert Schwarten who is also the
Australian Minister for
Pattaya -
Le Meridien sets sail in Pattaya
Those who believe they have spotted the world's largest
sailboat in the centre of Pattaya should not be alarmed.
Closer inspection will soon reveal the latest addition to
the Le Meridian family of luxury
Pattaya -
Pattaya comes of age
For many years, Pattaya was regarded as a rather seedy
place and this prompted a great number of overseas
property investors to look elsewhere. Today this image is
changing and the city now offers
Koh Samui -
Koh Phangnan sees condos on horizon
Koh Samui's property market has boomed in recent years
with developers and ex-pats rushing for slice of the
tropical pie. So rapid is the expansion that attention has
already been placed on the
Asia - PATA release encouraging tourism figures
There were close to 356 million international trips to
Pacific Asia Travel Association (PATA) member destinations
in 2006, representing region-wide year-on-year growth of
5.3% over 2005.
Bali - "A more memorable holiday in Bali"
Ungasan Bay Villas. Private Luxury Villa Rental -
Orientated to capture views over Jimbaran Bay and towards
Benoa Harbour.
Exotiq Villa Holidays offers one of the most luxurious
holiday villa rentals in South Bali.
Pattaya - Mövenpick heads for Pattaya.
Swiss based Mövenpick Hotels and Resorts have announced plans to expand their profile with another up-market project in Pattaya, the company's second project in Thailand.
October 2007
Phuket - Phuket Condos reach for the skies
Modest in size, but extravagant in terms of their build
quality, luxury facilities and added services, Phukets
high-end condos are drawing big spenders to the island's
better locations.
Koh Samui - Thailand's Koh Samui is truly paradise on earth.
Twenty years ago, Koh Samui was a sleepy backwater. An island of calm, clear blue waters,
crystal white beaches populated only by fishermen and a few marijuana-smoking backpackers:
what Alex Garland maybe had in mind when he wrote "The Beach".
Bali - Bali property prices continue to skyrocket and show no sign of slowing.
Demand for land in Bali has been fuelled by the healthy
recovery in Tourism that has taken place since the dual tragedies of the past
few years. Many more foreigners along with more and more local Indonesian
investors have acquired properties in Bali as they feel it is a safe and secure
place to settle and invest despite the recent troubles.
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