TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Concrete Bloc

Category: , Posted:01 Aug 2014 | 15:15 pm

The absence of any form of technology and communication always puts me in a contemplative mood, and on a recent flight out of Manila I began thinking about what I'd witnessed rolling down the expressway en route to the airport.
Peering out of a grimy window from the back seat of a taxi earlier that day, I found myself staring into the guts of endless rows of vacant apartments. These desolate, often incomplete shells have for the most part, I suspect, been snapped up by Manila's legions of property-happy overseas foreign workers who want to own a small patch in their own country, to which they can return after grafting hard in some foreign land.
Small, cheap, indistinctive and often themed-usually with an out-of-place mock Greek statue, or water feature-these kennel-sized condominiums continue to mount by the day, inhabiting post-economic crisis Asia. In so many cases, these towering prized possessions of the region's rising middle class rarely welcome rays of sunlight and are often far away from parks, playgrounds, or even pure and simple space. Sure there might be a retail mall or condotel within the complex, but where will the children play?
Be it Indonesia, the Philippines, Malaysia, Thailand or Vietnam, these stark cold statures are reminiscent of those instantly antiquated Soviet attempts at epic design. Don't try to find a pulse, as their hearts are a s cold as the en casing concrete.
I was in fact reading the other day about the struggle many eastern European countries are having with the dilemma of what to do with these concrete behemoths. We need the anti-hero Howard Roark from Ayn Rand's tome The Fountainhead to deal with these non-functioning disasters.
My quandary, however, is not with cheap real estate or even small, minimalistic condominiums, which in many cases work. I have lived in Hong Kong in days past and indeed luxuriated in 400 square metres, which cost me half my salary. So yes, I get the size issue. But what's concerning is that these are not places in which people live, but pure and simple speculation at its most abject.
Doomed from the off, I shudder to imagine whether anyone will ever even occupy many of these empty spaces. If they are vacant now when times are good, what happens when hard times emerge?
The fact that there is an oversupply, a lack of renters and also that these developments are often constructed on cheaper land, so the location has no lasting appeal, does not bode well for the flocks of out-of-town investors.

Other News

Read more

Thaiger Cage Hospitality Digital Pitch Event To Debut at Thailand Tourism Forum 2023

Category: Hotels|Tourism, Posted:26 Dec 2022 | 13:48 pm Leading Thai digital media outlet The Thaiger is launching a new start-up technology pitch event ‘The Thaiger Cage’ on 16th January 2023 at the Conrad Bangkok. It is a special prequel to the Thailand Tourism Forum (TTF) 2023, now in its twelfth year and widely considered to be the country’s leading annual hospitality event The […]
Read more

Could Thailand’s Southeast Coastal Gem Khanom Be The Next Koh Samui?

Category: Real estate|Tourism, Posted:23 Dec 2022 | 12:26 pm The search for the next big resort destination in Thailand is an absolutely big ask. An expansive country with 77 provinces and an amazing array of diverse geographical locations, Instagram-worthy aspects, and distinctly different nuances. Out of this brazen travel chaos, the endearing term ‘same same, but different’ was born and remains highly relevant. Yet, […]
Read more

Digital Homecare Platform SAIJAI Unveils “Hospitality Staffing” Solution as Hotels Grapples with Manpower Crisis

Category: Hotels, Posted:21 Dec 2022 | 12:21 pm The pandemic changed everything. It has been an accelerator but also a major change-maker for Thai service workers retrenched or “paused” during the three-years Covid crippled Thailand’s hospitality industry. Many who left the sector are now in great demand to return but there is a reluctance to do so on as the sector has simply […]
SiaJai logo

Thailand's Leading Homecare Marketplace