\nDemand for world-class conveniences rises in Thailand<\/p>\n
Plus Property conducted a real estate survey in regards to luxury condominiums in Bangkok recently and the results showed that there continues to be strong demand from both Thai and foreign customers for these types of units. The property and facilities management company noted that prices for luxury condos rose 30 per cent in the past five years.
Demand for world-class conveniences rises in Thailand Plus Property conducted a real estate survey in...<\/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-39203","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-acj","jetpack-related-posts":[{"id":38849,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-condos-soar-to-their-highest-off-plan-prices-yet\/","url_meta":{"origin":39203,"position":0},"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 "Property News"","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":39203,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-high-end-condominiums-are-redefining-city-living\/","url_meta":{"origin":39203,"position":2},"title":"How High-end Condominiums Are Redefining City Living","date":"January 31, 2024","format":false,"excerpt":"\r How High-end Condominiums Are Redefining City LivingIt\u2019s difficult to pinpoint\u00a0when condominiums began dominating urban landscapes, but their evolution from nondescript residential buildings to design icons is undeniable. In Singapore, one of the most densely populated cities in the world, condos certainly stand out as prominent features within the diverse\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/01\/Terra-Hill-Interior-Shot.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":26722,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-luxury-real-estate-in-thailand-remains-a-solid-investment\/","url_meta":{"origin":39203,"position":3},"title":"Why luxury real estate in Thailand remains a solid investment","date":"September 21, 2016","format":false,"excerpt":"\r But only for buyers willing to play the long game A strong sales rate at The Ritz-Carlton Residences in Bangkok\u2019s tallest building, MahaNakhon, proves there\u2019s still a strong appetite for ultra-luxury accommodation in the Thai capital. Image: apiguide\/Shutterstock Thailand has for years represented something of a paradox for economists\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-buyers-show-resilience-in-the-luxury-condo-market\/","url_meta":{"origin":39203,"position":4},"title":"Foreign buyers show resilience in the luxury condo market","date":"January 15, 2020","format":false,"excerpt":"\r While the cooling measures in 2018 have dampened demand for residential properties, foreigners who bought top-end condos are showing more resilience.\u00a0 The cooling measures implemented in July 2018 may have lowered general home-buying demand, but foreigners appear to have been more resilient towards high-end condos, reported The Business Times,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83825,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-demand-returning-to-singapore-property\/","url_meta":{"origin":39203,"position":5},"title":"Foreign demand returning to Singapore property","date":"March 27, 2018","format":false,"excerpt":"\r Aerial view of luxury properties in Keppel Bay. The surprisingly strong sales momentum witnessed at the recent launch of New Futura, in which foreigners accounted for close to 60 percent of the 48 units sold, indicates that foreign demand is returning to Singapore, reported Singapore Business Review citing DBS\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/39203"}],"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=39203"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/39203\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=39203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=39203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=39203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u201cLuxury condominiums are receiving good response due to their unique design, luxury, international image, use of premium materials, tastefully designed and foreign imported furniture, and warranty,\u201d Anukul Ratpitaksanti, Deputy Managing Director, Plus Property Company says. \u201cThese properties also have more extensive conveniences and facilities than other properties, including swimming pools, Jacuzzi, fitness facilities with 360 panoramic views, automatic parking facilities, sky lounges, movie theaters, pet zones, playgrounds, and limousine services. Some properties even offer parking more than 100 percent parking, and charging stations for electric vehicles.\u201d
\nMore: Accor to bring managed residences to Thailand
\nThe research showed that there have been 22 luxury condominium projects put on the market since 2011. The majority of these projects are in the central business district with 75 per cent being found in the inner Sukhumvit and Silom-Sathorn areas. One reason property developers are choosing to focus on luxury projects in these areas is due to mid-level and budget properties currently being affected by weakening purchasing power.
\nPlus Property\u2019s data showed that luxury properties have experienced an average price increase nearly 30 per cent. The majority of luxury projects have been built by large property developers who have more experience in developing upscale projects that cater to high-net worth individuals. Luxury projects also require high-end facilities management to ensure they meet the needs and tastes of residents.
\n\u201cThe facility management at these properties are world-class. Luxury properties are likely to provide even more of these premium features and services in the future,\u201d Anukul concludes.
\nThis article originally appeared on DDProperty.com on 15 December 2016
\nRead next: Thailand real estate showcased as some of the region\u2019s finest
\n
\nSource : property-report.com
\nRead more…Luxe Bangkok condos score big in last 5 years<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"