Rising prices and dwindling land banks, combined with improved transport connectivity, are changing the shape of Bangkok’s condominium market as new projects move away from the city’s centre; however, oversupply in some areas could continue to weigh on sales. With the expansion of bus and rail transport improving connectivity in the capital, mid- and upper-range […]
While China’s biggest corporates are increasingly flexing their global muscle as the country’s economic and geopolitical influence accelerates, Bangkok is the 10th most popular destination for mainland firms expanding overseas. Bangkok also ranks 3rd in terms of the volume of Chinese corporate leasing activity over the last three years, according to ‘China12: China’s Cities Go […]
Residential property leasing will now be deemed to be a contract-controlled business following publication in the Government Gazette last week. The notification defines a “residential property leasing business” as a business that leases (or subleases) five units of property or more to individual lessees, for residential purposes, in exchange for a fee collected by the […]
Co-living, a term used to describe a living arrangement that is something more than shared space, in growing in Asia, especially in China and Hong Kong. Typically, a co-living facility will offer tenants small rooms but also shared facilities such as a TV room or a gym. There is also a social aspect; some facilities […]
Colliers International has reported that Asia’s property sector has been driven by economic growth and low real interest rates. Higher trade flows and e-commerce will continue driving industrial and logistics property in China, Hong Kong, Singapore and India, with industrial property emerging as a key organised asset class across Asia. Risks to this sector include […]
Bangkok’s property market enjoyed strong growth in the first quarter of this year, led by a 35 per cent jump in the number of condominium units released in Bangkok from the year-earlier period. Some 14,600 units were added to the market in the capital for the quarter,, said Surachet Kongchepp, a property market researcher with […]
On March 22, U.S. President Donald Trump signed an executive memorandum imposing tariffs as high as 25% on US$60 billion-worth of Chinese exports to the U.S. In response, on April 2, China announced retaliatory tariffs worth around US$3 billion on a range of U.S. products. While the move has sparked concerns of a trade war between the […]
Hong Kong is learning from its all-time rival Singapore as it seeks to tame the city’s land prices. In addition to the tender amount of the successful bidder in land sales, the Hong Kong government will now publish the amounts of all failing tender submissions, announced Secretary for Development Michael Wong in a media briefing […]
