TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Bali Villa Rental Villa Market Declines

Category: Real estate, Posted:25 Nov 2012 | 06:00 am

In the news from Bali is a story about shrinking occupancy in the villa rental sector.
Knight Frank Indonesia has published research, which indicates a 9% drop in volume for the first six months of 2012.
Citing new supply and volatile rates, most of the pressure is on large villas, especially four bedroom units.
The most popular unit type for travelers is the one bedroom, which is enjoying strong demand.
We spoke to Ian Maccaulay of the leading agency BHMVillas.com who said that increases in supply has impacted trading. Those most affected products are located in inland areas especially Canggu.
Based on their booking trends the 3-4 bedroom sector is feeling the pinch, while the ultra villas with 7 bedrooms and above remain popular given limited competition.
He added that his group is still seeing year-on-year growth in bookings which is being bolstered by a strong Australian market.

Other News

Read more

Hua Hin Set To Grow International Airlift

Category: Tourism, Posted:12 Apr 2021 | 06:00 am One of Thailand’s best performing hotel sectors is Hua Hin. Well, let’s just say it is the best market over the past twelve months of the pandemic. The destination is now poised to look ahead post-Covid and is looking to increase overseas airlift once the country reopens. Aside from the current expansion of the gateway […]
Read more

Mass Phuket Hotel Vaccination Drive Underway

Category: Tourism, Posted:10 Apr 2021 | 17:14 pm Check out an insightful view of how Phuket’s tourism industry has come together and are pushing forward on a massive vaccination drive for hotels across the island. An inspiring story of how the island is working together. Over the past week more than 70,000 people, mostly staff of Phuket hotels have been vaccinated across the […]
Read more

Condo Hotels Trending In Bangkok’s Property Market

Category: Real estate, Posted:09 Apr 2021 | 09:44 am Bangkok’s hotel branded real estate has traditionally been focused on luxury offerings with brands such as St. Regis, Four Seasons, Ritz-Carlton, and more. While Thailand’s resort markets have and are seeing the most traction as the mid and upper-midscale branded residences, that trend is now going urban. In Bangkok Siamese Assets and Kew Green have […]