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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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Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
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GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
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Phuket Brand Conversions and Affiliations Ramp Up as Tourism Rises

Category: , Posted:06 Feb 2024 | 09:45 am Back of surging tourism numbers. Phuket hotel owners and developers are increasingly looking to convert to brands or affiliate to soft brands. The 274-key Village Coconut Island Beach Resort is part of the Spanish hotel group Barcelo. Now known as Barcelo Coconut Island, it is located on Phuket’s east coast on Koh Maphrao. Barcelo has […]
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