ข่าวประชาสัมพันธ์ Press Releases ข่าวย้อนหลัง หัวข้อข่าว บลอก

Property Market in Central Bangkok Likely To Be Vigorous in H2/2019

Real Estate Press Releases วันอังคารที่ ๒ กรกฎาคม พ.ศ. ๒๕๖๒ ๑๔:๕๘ น.
ขนาดตัวอักษร: ใหญ่ กลาง เล็ก
Bangkok--2 Jul--Agate Communications

NEXUS discloses property developers plan to launch a number of new projects after the country's election and important events have completed. Most projects from listed developers have been planned since last year, while medium-sized developers will launch their new projects to expand the business continuously. In the first half of this year, the market was relatively decelerated due to the LTV policy and lower demand from foreigners. Meanwhile, supply tends to increase in the second half and targets more in the niche market. However, developers remain waiting for the government's policy to boost the demand in the property market.

Mrs. Nalinrat Chareonsuphong, Managing Director of Nexus Property Marketing Company Limited (NEXUS), says that there were the new supply of 12,300 units from 30 new condominium projects launched in the second quarter. Many of them are the luxury and super luxury projects in super prime locations particularly in Sathorn, Witthayu (Wireless) and Langsuan. These projects are not only compete on the rare locations, but also create the unique selling points. In the first half of 2019, there were 23,600 units of new condominium launched in Bangkok market which is almost equal to new supply during first half of 2018.

NEXUS cites that more of new projects will be introduced in the second half of this year. Listed property developers announced 14,000 units from 44 projects in the pipeline. In addition, another 6,000 units from unlisted property developers are planed therefore more than 20,000 units from 52 projects are set to launch by the end of this year. More than half of total projects will take place in central of Bangkok especially in Samyan, Phayathai and Ratchathewi. Other projects will be located in Sukhumvit, Thonglor and Langsuan. As these locations are prime and rare, the price of new projects will surge not less than 10 percent from the average price of the city-center condominiums launched last year. It is obvious that they target the high-end customers who look for premium products only. The advantge of capturing this market is that as long as the product can fulfill the customers' requirement, the price is not much the factor for their decision making. However, this high-end market is not large hence the product must be carefully initiated. She added that another interesting location is the riverside locations along the nearly commenced MRT Blue Line and the area along Gold Line as it is being built in a fast speed.

It is important for developers to create new concepts and design facilities to satisfy the lifestyle of their customers. Some projects promote the river view, high ceiling, ample parking lots and co-working spaces. Meanwhile, the condominium market for elderly has gained more interest. In the past, developers rarely focused on this market although this group of people have the real purchasing power, buy for living and understand what they need in the long term. Another market is condominium for animal lovers, who concern the importance to the quality of life of their animals as much as the owners'.

Lastly, NEXUS observed that the government's policy of deducting transfer fee and land mortgage fee for National Housing Authority's projects to 0.01 percent for the houses worth less than 1 million baht can really help buyers broadly. However, it did not spur the property market as much as expected. Despite having a lot of units, total sale revenue remains low for this group of product. The government should consider using the same measure with the houses that cost up to 5 million baht to make the stronger impact and enable more people to benefit from it. In conclusion, new government should launch the economic policies as fast as they can so that the property market can enjoy the incentives from the policies and the demand will rise too.


ขนาดตัวอักษร: ใหญ่ กลาง เล็ก

ข่าวประชาสัมพันธ์ที่เกี่ยวข้อง

Systems Union opens office in Bangkok New Thai office for SunSystems and MIS to strengthen existing global reach

Systems Union Group plc, the global software vendor that is headquartered in the UK, has opened an office in Bangkok, Thailand. The new office – in Phatumwan, Central Bangkok – will focus on the sale and support of SunSystems and MIS software solutions. S...

anyTime Photo, Inc. Selects EZ Prints to Provide Backend Digital Photo Fulfillment Services.

anyTime Photo, Inc. Selects EZ Prints to Provide Backend Digital Photo Fulfillment Services. --New Site to Offer Extensive Selection of Digital Photo Prints and Gifts. TAMPA, FL. – January 14, 2003 – anyTime Photo, Inc. a B2C Digital Photo Processing Web ...

Foreign Investors and Institutional Investors Were Net Buyers of More than THB30 Billion in 2002

Total volume for the year 2002 grew by about 30% while total value in the stock market jumped by almost 25%. The stock index increased almost 20% with the bulk of investors focused on finance and securities shares, followed by the property and banking sec...

หัวข้อข่าวที่เกี่ยวข้อง

หัวข้อข่าวยอดนิยม

กรมสรรพากร ธนาคารกรุงเทพ ธนาคารกรุงไทย ธนาคารออมสิน ไปรษณีย์ไทย การบินไทย ธนาคารกสิกรไทย hotmai เพียวริคุ jobbkk ธนาคารไทยพาณิชย์ คาราบาว ดีแทค ไทยพาณิชย์ แจ่มใส เมเจอร์ ธนาคารอาคารสงเคราะห์ 12car กรุงไทย ธนาคารกรุงศรีอยุธยา กระทรวงสาธารณสุข การรถไฟแห่งประเทศไทย มิตซูบิชิ เมืองทอง ธนาคารทหารไทย ตลาดหลักทรัพย์แห่งประเทศไทย ซัมซุง มาม่า วันทูคอล ธนาคารแห่งประเทศไทย กระทรวงพาณิชย์ เวลาประเทศไทย ปตท ธอส บิ๊กซี กรมอุตุ กรมศุลกากร แม็คโคร ธนาคารกรุงศรี กระทรวงการคลัง