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HIGH SEASON PROPERTY SURGE Will Bonus Market Return?

Category: Real estate, Posted:16 Feb 2010 | 06:00 am

One of the most overlooked drivers of high end Phuket real estate the past decade has been the mega bonus phenomenon in nearby Hong Kong and Singapore. For much of the past 10 years bankers, financial services and those working for blossoming Asian enterprises enjoyed huge annual bonus windfalls.
While 2007 to 2008 were no doubt a glitch in the cycle, company earnings are now back in full force and Asia has indeed led the global market recovery. For the Phuket property sector the question is, will this coming season see the return of these buyers?
All too often there is a misconception between tourist high season and a correspondence to this driving property. While in the broader market this is more relevant at the upper end hope springs eternal with the virtually coming of spring and announcement of individual bonuses.
While some pundits have correctly speculated the in the age of luxury guilt some companies may be looking at stock offerings or non cash payouts, in the broad terms the local industry is seeing an uplift in transactions and potential buyer activity.
In a market where cash remains king, no doubt the twining of cashed up buyers and real estate sold for cash create a potent mix.

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Cambodia Business Briefing – What Comes Next?

Category: Hotels|Real estate|Tourism, Posted:19 Oct 2021 | 08:13 am Hotels, tourism, and real estate are featured in next week’s virtual event – Cambodia Business Briefing. Organized by C9 Hotelworks and Delivering Asia Communications, the session will be on Tuesday 26th October, 3:00 pm Phnom Penh/Bangkok Time | 4:00 pm Singapore/Hong Kong. Cambodia remains one of Asia’s top-up and coming marketplaces. Pre-pandemic, its pace of […]
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PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

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Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]