{"id":132600,"date":"2019-03-19T14:32:00","date_gmt":"2019-03-19T07:32:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-condo-developers-forge-ahead-with-launches\/"},"modified":"2022-12-11T02:54:50","modified_gmt":"2022-12-10T19:54:50","slug":"bangkok-condo-developers-forge-ahead-with-launches","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-condo-developers-forge-ahead-with-launches\/","title":{"rendered":"Bangkok condo developers forge ahead with launches"},"content":{"rendered":"<p>&#013;<br \/>\nBangkok condo developers are moving forward with launches in key locations this year despite expectations of a slump in the market, according to Colliers Thailand via Bangkok Post. New supply is set to come online in the neighbourhoods of Thong Lor, Ramkhamhaeng, Charoen Nakhon, Sam Yan and Talat Phlu, the consultancy predicted. The areas registered a high absorption rate last year, with more than four units purchased a month. &#8220;Some did not have new supply launched in recent years, while others have lower land costs, feasible for development of affordable units,&#8221; Phattarachai Taweewong, associate director of property consultant Colliers Thailand&#8217;s research department, told the Post. Such pockets of optimism in the Thai capital may yet buck a predicted downturn in market sentiment after lending curbs are implemented on 1 April. In anticipation of the curbs, many developers have opted to mark down selling prices in an effort to unload unsold stock. More:\u00a0Why branded homes will remain hits for Thailand in 2019 New supply from at least three projects will be launched in an area stretching from Thong Lor to Ekamai, although 3,300 condo units were\u00a0unsold in the neighbourhood as of the end of 2018. Upcoming mass transit lines will also make sites from Rama IX to Ramkhamhaeng roads popular for condo launches this year. &#8220;The key driver is the Orange Line between Thailand Cultural Centre and Min Buri, with construction progress of 30 percent\u00a0so far,&#8221; said Phattarachai. &#8220;It will pass locations along Rama IX Road and Ramkhamhaeng, one of the most crowded residential areas.&#8221; The opening of upscale shopping centre IconSiam has driven condo developers to launch projects along Charoen Nakhon Road this year at prices ranging from THB150,000 to THB180,000. At least four projects offering freehold and leasehold units are due to launch in the Sam Yan area on Rama IV Road, while the area around Talat Phlu BTS station is expected to have at least five projects with a total of 6,000 units in the pipeline.&#013;<br \/>\n&#013;<br \/>\nSource : property-report.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.property-report.com\/web\/guest\/detail\/-\/blogs\/bangkok-condo-developers-forge-ahead-with-launch-3\" target=\"_blank\" rel=\"noopener\">Bangkok condo developers forge ahead with launches<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Bangkok condo developers are moving forward with launches in key locations this year despite expectations&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-132600","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-yuI","jetpack-related-posts":[{"id":42023,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/remote-risk-of-property-bubble-in-thailand\/","url_meta":{"origin":132600,"position":0},"title":"Remote risk of property bubble in Thailand","date":"January 26, 2017","format":false,"excerpt":"\r Homes still within buyers\u2019 means View from the Golden Mount in Bangkok, Thailand. nimmersatt\/Shutterstock Despite some experts saying otherwise, local media reports there are no concerns about bubbles when it comes to Thailand\u2019s property market. Despite condo prices quickly increasing the past few years, they are still affordable to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35314,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-property-market-in-thailand-isnt-impressing-anyone\/","url_meta":{"origin":132600,"position":1},"title":"This property market in Thailand isn\u2019t impressing anyone","date":"November 22, 2016","format":false,"excerpt":"\r A depressing decline CHAI1979\/Shutterstock With a backlog of condo units building up and more foreign buyers avoiding Pattaya, a number of developers have decided to slow, freeze or even revise their new developments in the city, according to local media outlets. The decision comes after there had been some\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44085,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-developers-cant-leave-this-bangkok-neighbourhood-alone\/","url_meta":{"origin":132600,"position":2},"title":"Luxury developers can\u2019t leave this Bangkok neighbourhood alone","date":"February 14, 2017","format":false,"excerpt":"\r It\u2019s been cool for years, but now it\u2019s red hot The Niche Pride, a high-end condo in Thong Lor to be completed in 2017 A new wave of luxury condo projects is coming to Thonglor with property developers expected to launch more than THB 50 billion of new developments\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38849,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-condos-soar-to-their-highest-off-plan-prices-yet\/","url_meta":{"origin":132600,"position":3},"title":"Bangkok condos soar to their highest off-plan prices yet","date":"December 22, 2016","format":false,"excerpt":"\r Will the Thai capital sustain this rate of growth next year? The Bangkok skyline with MahaNakhon, Thailand\u2019s tallest tower. george photo cm \/ Shutterstock.com It appears that the Bangkok luxury home market will finish the year with crowning success. Asking prices of off-plan, high-end condominiums in the city\u2019s downtown\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-condo-demand-in-bangkok-in-tip-top-shape\/","url_meta":{"origin":132600,"position":4},"title":"Luxury condo demand in Bangkok in tip-top shape","date":"August 10, 2016","format":false,"excerpt":"\r An influx of foreign buyers from Hong Kong, Singapore and Taiwan take advantage of higher yields Magnolias Waterfront-Residences at IconSiam One of Thailand\u2019s most active developers, Magnolia Quality Development Corporation (MQDC), thinks demand for luxury condominiums in Bangkok will remain strong and won\u2019t be hindered by the weak overall\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155352,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkoks-housing-glut-spreads-to-phuket-as-developers-eye-tourist-demand\/","url_meta":{"origin":132600,"position":5},"title":"Bangkok\u2019s housing glut spreads to Phuket as developers eye tourist demand","date":"June 8, 2025","format":false,"excerpt":"\r The housing glut in Bangkok is spilling over to Thailand\u2019s southern island of Phuket as property developers capitalised on demand from tourists and retirees after buyers from mainland China and Hong Kong retreated from the market. Some 10,000 new flats will enter the market this year, according to property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/132600"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=132600"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/132600\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=132600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=132600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=132600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}