Bangkok Condo
This is very goods news for all the residents of Metropark Sathorn at Phase 1 and Phase 2/1.
The True internet will be ready to use from March 21st at both the phases. True Online will setup a sales booth at Phase 1 on Saturday, March 20th and on Sunday, March 21, to sell the packages. [...]
The ongoing red-shirt rallies had only a small impact on property bookings and sales last weekends while condominium market leader L.P.N. Development Plc (LPN) was confident it would close sales of two new projects within the next few weekends.
Sales of projects launched last weekend such as BKK Group’s The Coast were normal, say their executives.
LPN [...]
Pattaya’s real estate and tourism markets will grow by 5% and 10%, respectively this year, regardless of the political situation, says Jugkarut Ruangratanakorn, vice-president of Ratanakorn Asset Co Ltd, a property firm in the seaside resort city.
The Pattaya real estate market slowed last year and will remain sluggish in 2010 because of political tensions, he [...]
Construction could begin next year on Thailand’s first high-speed train network, says Deputy Prime Minister Trairong Suwannakhiri. The first route planned in the 800- billion-baht programme would be a Bangkok-Rayong line, he said at an investment conference yesterday.
“I expect the [Abhisit Vejjajiva] government to stand until next year, when we will begin work on this [...]
Magnolia Quality Development Corporation (MQDC), a property subsidiary of the agribusiness giant Charoen Pokphand Group, plans to enter the mid-priced housing market in the second half of the year, says managing director Visit Malaisirirat.
The company is now negotiating to buy a land plot to develop a single-house project worth at least 800 million baht, likely [...]
Offices of the Lands Department will be open on weekends until the end of the month to help consumers complete last-minute property transactions before the expiration of preferential tax rates on March 28, the Interior Ministry said yesterday.
After March 28, mortgage fees for property transactions will increase to 1% of the property’s value from 0.01%, [...]
The property developer BKK Grand Estate Co, owned by the automobile dealer BKK Group, is confident political turmoil will not dent brisk sales at its condominium sales event from Friday, said president Rienchai Likitplug.
“We have experience in such political crises,” he said. “On the opening of the BKK Group in 1993, we faced the aftermath [...]
The average prices of newly launched condominium units this year will not rise significantly after the tax breaks end as they need to compete with resale units available in the market, says Apisit Limlomwongse, managing director of Nexus Property Consultants Co Ltd.
“It’s up to the market to determine how much the prices can rise,” he [...]
The cabinet has decided not extend the term of tax incentives to the property development sector, which ends on March 28, Deputy Finance Minister Pradit Phataraprasit said on Tuesday.
He said the tax break had helped property development and real estate companies boost profits and the number of property rights transfers had increased by 10 per cent. [...]
Wide range of rooms available for rent and sale. There are three types of rooms.
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info@metroparsathorn.com
1. Studio 31 to 34 Sqm. Monthly rent from 7,000 to 9,000 Baht. Selling price is from 1.2 Million Baht to 1.4 Million.
2. One bedroom 41 to 44 Sqm. Monthly rent from [...]
| Property Perfect plans B17bn in projects
The listed developer Property Perfect Plc (PF) plans 14 new projects worth a combined 17 billion baht this year, says chief executive officer Chainid Ngowsirimanee.
‘‘Possible political problems on Feb 26 are likely to have less impact on the property market than the expiration of property incentives on March 26. . [...]
Property developers are launching promotional campaigns to lure buyers before stimulus tax breaks expire in March.
Promotional giveaways include one million air miles for Thai Airways International, gold bars and package holidays.
Tax breaks for buyers and developers consist of lowered transfer and mortgage fees to 0.01% from 2% and 1% respectively, and cut the special business [...]
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