All three main sectors of the Bangkok property market — condominiums, offices and retail — continued to grow in the first half of 2017 despite the sluggish economy, but growth was not up by much from last year.
New projects continue to be launched in the condominium market, demand for office space from multinational and local companies is also growing, while the occupancy rate in the retail sector stands at 100% in many shopping centres.
Perched above a coral cove on Koh Samui, Samujana is one of the Thai island’s most celebrated real estate developments. Aimed exclusively at the luxury end of the market, it is best known for its spectacular location, which allows for some of the island’s most jaw-dropping vistas. Also notable are its personalised service and high architectural ideals courtesy of award-winning designer Gary Fell of Gfab Architects.
Since the completion of phase two in 2015, Samujana has become popular not only with savvy investors but also as an enviable venue for upscale family holidays, intimate parties and even as a celebrity bolthole.
While each of the 27 villas are desirable, Villa 28 is one of the stars of the show. From the boats on the horizon to the beauty of its immediate surroundings, the six-bedroom property boasts some of Koh Samui’s best views. It was for this reason that British software company owner John Chartres made the decision in 2015 to invest in his own slice of paradise at Samujana.
Which is best, Koh Samui or Phuket? A total side by side island comparison of Phuket vs Koh Samui, Thailand.
Long sandy beaches, beautiful hot weather, excellent food. It’s true – you can tick all of these boxes in tropical holiday destinations around the world. Even within Thailand, Samui competes with Phuket, Koh Phi Phi, Khao Lak, Krabi and others for travellers’ attention. Wondering which to choose? We’re biased, but we can help.
If you’re looking into an island escape, chances are you want to go somewhere secluded and create unique travel experiences. And to turn a holiday into a lifetime high point, you don’t settle for canned itineraries and cookie-cutter hotels.
We decided to do the research for you and find some of the best luxury villas in Thailand. Check out these five idyllic private villas from sun-drenched retreats to seaside residences.
Singapore, Malaysia, Thailand, and Indonesia are the countries with the greatest investment potential with the luxury segment being the strongest. While all 4 luxury property markets are performing well, Bangkok is the one city to watch.
Senior housing projects have become important in Thailand as the country has an aging society now wanting places to live that cater to their needs. Senior housing developments in the luxury segment are now growing in popularity among foreigners and affluent Thais, according to new research.
The living environment, competitive cost of living, and affordable high quality nursing care are some of the reasons seniors from around the world choose to retire in Thailand. This is also something more Thai families are realising.
Foreigners in Thailand will soon be able to apply for a 10 year visa.
First proposed in November 2016 as a way to promote Thailand as a medical and wellness hub, Thaivisa understands the 10 year visa was this week formally approved by the Prime Minister.
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’t notice the adjacent bare land where the latest karaoke bar and labor camp are just about to be erected a stone’s throw from their dream home.
Even with capital controls in place from the government, Chinese buyers continue to invest in Thai real estate due to its low prices and above average returns, reports local media. In addition to being cheaper, in some cases down payment rates and property transfer fees are lower in Thailand than in China.
Buyers from China tend to be from the middle class and like the fact that property in the Kingdom is cheaper and comes with less sales-purchase conditions. Investors who buy property and rent it out in Thailand are able to realise a return in roughly 20 years. This is significantly less than in Beijing and Shanghai where it can take more than 50 years to get a return on investment.
From Russia with Love might is a James Bond 007 thriller but it has also been a mantra for island developers as the past nine months has seen a strong uptick in demand in Phuket real estate by Russian buyers.
According to the recently released Phuket Russian Tourism Market report, over 51% of Russian travelers to Thailand come to Phuket. The contribution to the local economy in terms of tourism receipts is estimated to exceed THB30 billion. What is good news for property developers is the knock-on effect to sales.