RE/MAX Island Real Estate’s monthly property news features the latest residential and commercial real estate stories in Koh Samui & Thailand. Articles cover content regarding residential, industrial, retail, office, hotel, land, or investment property.
Yuan weakness and Chinese condo buyers in Thailand
The exchange rate’s impact on buyer confidence adds to concerns resulting from the tourism slowdown.
Why are so many hotels for sale?
A drop in Chinese arrivals and a supply glut are just a few of the reasons.
Developers advised to be alert in 2019
BoT upending property game with new rules
Property market forecast to slow in 2019
The property market will slow next year amid negative factors such as new mortgage lending requirements, an uptrend in interest rates and the prolonged US-China trade war, according to developers and experts.
The Nation’s Quarter 4 Property Guide
Agency sees stable growth in condo market next year
Property agency Nexus Property Marketing Co Ltd estimates that the supply of condominiums in 2019 should increase at around the average growth rate over the past five years, by 53,000 units.
DDproperty expects a rush to avoid April charges
DDproperty, a Thai property portal, says demand for accommodation from millennials will continue to grow significantly.
Developers hitch on to co-working space wagon
THE NUMBER OF co-working space facilities are expanding in Thailand amid changing business models towards a sharing economy, prompting property developers to develop co-working spaces at their commercial buildings, property experts said.
The appeal of co-working spaces
LOWER RENTAL price, open space for sharing ideas, and flexibility are the three main factors driving the strong demand for co-working spaces in Asia, including Thailand, property experts said.
DDproperty Identifies The Importance Of Real Estate Technologies And Forecasts The Market For 2019
DDproperty revealed that demand for accommodation from millennials will continue to grow significantly. Meanwhile developers will concentrate on ‘mixed-use’ projects, and will incorporate smart home technology to enhance user experiences in response to current real estate industry trends. In Bangkok, Chatuchak, Suanluang and Phyathai are identified as high growth areas, in addition, Pom Prap Sattru Phai and Bangkae that both benefit from the extension of the MRT’s Blue line that had resulted in land prices increasing by over 36 percent.
Samui cabbies told to use meters, end euro rip-off
SURAT THANI: Taxi drivers on Koh Samui have been ordered to use their meters instead of charging fixed fares that are identical in dollars and euros – effectively ripping off Europeans.