Tag Archives: metro park

BTS Skytrian starts it’s new station Pho Nimit today and comimg more near to metro park sathorn

Pho Nimit opens today on 12th January and Talad Phlu will be opened on 14th Feb, 2013

It is great new for all the residents of Ratchada, Rajaphuk and Kallapraphuk area. Today on children’s day, January 12th 2013, BTS has open it’s new station Pho Nimit on the extension of silom line. This station is next to Wong Wian Yai, which used to be the last station of silom line on other side of the river.

Due to delay in the construction the next station Talad Phlu will open it’s door on Valentine’s Day on 14th February, 2013. Originally both of these stations supposed to start in end of the last year.

However there are two more stations are under construction and are excepted to open in mid or end of 2013. The next two station are Ratchaphurk and Bangwa. The last station of silom line is Bangwa and it is very near from back side or metro park sathorn. Currently all the residents of metropark who want to use the BTS has to travel to Krungthonburi and which takes 10 minutes to 45 minutes but when Bangwa will be opened, the traveling time will be 5 minutes to 15 minutes maximum. It will be also good to take a motorbike taxi for metro park sathorn.

Brand New Two Bedroom condo on Sathorn/Narathiwas/Rama3
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Second-hand market steady

Optimism beginning to return after last year’s calamity but new flood fears have buyers and sellers on edge.

Bangkok’s second-hand housing market has improved considerably after struggling in the wake of last year’s heavy floods. There is still lingering uncertainty about how the capital will deal with the 2012 flood season, but if no major calamities occur, the resale residential market should be fully back to normal next year.

Thais are more willing to buy old houses first and demand is growing after last year’s floods. But the market still remains edgy until buyers see how floods this year are handled. Continue reading Second-hand market steady

More choices for investors

Conventional property funds expected to thrive despite competition from REITs, which are not as tax-friendly.

Property developers are moving to raise more capital via property funds before real estate investment trusts (REITs), a new fund type with more flexibility, become available in the Thai market next year.

REITs have two main features that make them more attractive than property funds to many investors. First, non-financial institutions can set up and manage the trusts, while only asset management companies can run property funds. As well, REITs can create debt. Continue reading More choices for investors

Developers optimistic of good growth

With concerns about flooding eased, large and small developers are looking forward to double-digit growth this year and stepping up rebranding of their corporate images amid stiffer competition in the housing market.

SET-listed developer Asian Property Development Plc (AP) plans to spend 400 million baht on rebranding after introducing a new logo in August.

An innovation team will work on redesigning houses, creating new housing functions and developing a new market segment of single houses. Continue reading Developers optimistic of good growth

BTS Skytrain Extention of Silom Line is coming near metropark sathorn

As per now (October 2012) the planning of Silom Line BTS Extension is to start as below.

Taksin – Phet Kasem Extension
S9    Pho Nimit    To be opened on mid of January 2013
S10    Talat Phlu    To be opened on mid of January 2013
S11    Wutthakat    To be opened on 12 August 2013
S12    Bang Wa    To be opened on 12 August 2013

Sukhumvit BTS line to get four-car trains in October

The first four-car train is scheduled to enter service in early October, and all 35 will be delivered by next July. The new cars will increase passenger handling capacity by more than 30,000 people an hour. THITI WANNAMONTHA

The company received the first batch of 35 trailer cars manufactured by Germany’s Siemens AG yesterday.

The trailer cars cost 2.1 billion baht and will lengthen the existing trains from three cars to four on the Sukhumvit line to accommodate more passengers during peak hours. Continue reading Sukhumvit BTS line to get four-car trains in October

Townhouses, single houses lag behind condos

As most developers shifted to condominiums and projects in resort destinations, the number of new single-house and townhouse launches in Greater Bangkok during the first half was only about one-third of condominiums. condominiums in the area.

The small number of new single houses and townhouses, collectively defined as low-rise units, was mainly due to slow recovery in the segment after the floods last year, said Samma Kitsin, director-general of Real Estate Information Center (REIC). Continue reading Townhouses, single houses lag behind condos