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Bangkok Condo Property Bubble Warning

Category: Real estate, Posted:27 Aug 2010 | 06:00 am

After a bull run in the largely domestically fueled Bangkok condo market there is growing concern about a possible bubble back of widespread speculation.
Industry estimates have placed levels as high as 25% where units are handed over to buyers and they continue to remain vacant.
A key hot spot of concern is on purchaser defaults where buyers walk away from down payments once interest rates go higher or else values start to drift.
As pricing continues to be robust in the nation's capital for many the 1997 Asian contagion continues to be an unwelcome ghost of the past.

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Registration Open For Asia’s Sustainable Hospitality Learning Event PHIST 2024

Category: Hotels|Tourism, Posted:04 Jul 2024 | 15:41 pm PHIST (Phuket Hotels for Islands Sustaining Tourism), Southeast Asia’s biggest sustainability event for the travel and hospitality sectors, will return to spark conversation and drive the green agenda this September, with an impressive line-up of key figures and industry innovators led by Peng Sum Choe, CEO of Pan Pacific Hotels Group. Led by the Phuket […]
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Direct Bali Phuket Flights Return in Phuket

Category: Hotels|Tourism, Posted:14 Jun 2024 | 08:15 am The once popular Phuket Bali flight route will see AirAsia restart direct flights from 10th August 2024. AirAsia Indonesia will be the carrier and flight frequency will be three times a week. Bali hosted nearly 600,000 international visitors in May with Australia ranking 22.5% share, followed by India with 11.3% and China on the rise […]
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Registration Open for Mind the Gap – Women & Diversity in Hospitality – A Learning Event

Category: Hotels|Tourism, Posted:13 Jun 2024 | 09:55 am Diversity, inclusiveness, and equality are core issues for the hospitality industry. C9 Hotelworks and the Phuket Hotels Association have organized a learning event titled ‘Mind the Gap, Women & Diversity in Hospitality on Saturday 31st August at the SAii Laguna Phuket. Join us in this unique, candid, and insightful half-day session that takes a closer […]
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