Properties
Bangkok Thailand Real Estate Sales
Under-Supply of Koh Samui Property Drives Up Prices Under-supply of resort property on Thai islands like Koh Samui and Phuket is generating substantial growth in their respective resale markets. The under-supply has been caused because of developer’s reluctance to go ahead with new projects in case government restrictions on foreign ownership hinder sales. It is hoped that the government will soon raise the percentage of property that can be bought by foreigners. None the less the under-supply presents investors with a fantastic opportunity. The under-supply is primarily on condos and apartments, but has stunted sales, which means there are still some great developments to choose from. Significant resale price growth is another arm to the opportunity presented by off-plan property, because the immediate value rise on completion is all the greater. Liam Bailey, head of international research for overseas property specialists David Stanley Redfern had this to say about the Koh Samui opportunity: “The latest news from Koh Samui does nothing more than make it an even better opportunity. Luxury villa prices rose by 50% per year in 2006 and 2007, and have always been expected to continue growing strongly. The current under-supply issues will only serve to maintain high demand, or even cause demand to grow for luxury resort property on the tropical island with some of the world’s best unspoilt white sandy beaches.” As far as off-plan opportunities go, David Stanley Redfern’s Maenam Hills development on Koh Samui is one of the best in the world. Maenam Hills consists of 2 bedroom off-plan resort villas priced from only 100,000. The great thing is that the developer is offering non-status 50% LTV interest free finance on the villas over a period of 48 months, on the spacious villas. The Maenam Hills villas also come with a 6%p.a. uncapped rental guarantee for the first two years. David Stanley Redfern are also marketing off-plan apartments on Koh Samui. The Siranya development offers 2 bedroom apartments with sea-views and rental management from just 103,000. The expected yield is 8% for owners who take rental management on their property, and the development also has a restaurant, clubhouse and spa. Find out more about Koh Samui property. About David Stanley Redfern David Stanley Redfern Ltd is one of the U.K.’s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivaled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market’s regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one. Media inquiries should be directed to Liam Bailey at media@davidstanleyredfern.com By David Redfern Published: 7/16/2008
Under-Supply of Koh Samui Property Drives Up Prices Under-supply of resort property on Thai islands like Koh Samui and Phuket is generating substantial growth in their respective resale markets. The under-supply has been caused because of developer’s reluctance to go ahead with new projects in case government restrictions on foreign ownership hinder sales. It is hoped that the government will soon raise the percentage of property that can be bought by foreigners. None the less the under-supply presents investors with a fantastic opportunity. The under-supply is primarily on condos and apartments, but has stunted sales, which means there are still some great developments to choose from. Significant resale price growth is another arm to the opportunity presented by off-plan property, because the immediate value rise on completion is all the greater. Liam Bailey, head of international research for overseas property specialists David Stanley Redfern had this to say about the Koh Samui opportunity: “The latest news from Koh Samui does nothing more than make it an even better opportunity. Luxury villa prices rose by 50% per year in 2006 and 2007, and have always been expected to continue growing strongly. The current under-supply issues will only serve to maintain high demand, or even cause demand to grow for luxury resort property on the tropical island with some of the world’s best unspoilt white sandy beaches.” As far as off-plan opportunities go, David Stanley Redfern’s Maenam Hills development on Koh Samui is one of the best in the world. Maenam Hills consists of 2 bedroom off-plan resort villas priced from only 100,000. The great thing is that the developer is offering non-status 50% LTV interest free finance on the villas over a period of 48 months, on the spacious villas. The Maenam Hills villas also come with a 6%p.a. uncapped rental guarantee for the first two years. David Stanley Redfern are also marketing off-plan apartments on Koh Samui. The Siranya development offers 2 bedroom apartments with sea-views and rental management from just 103,000. The expected yield is 8% for owners who take rental management on their property, and the development also has a restaurant, clubhouse and spa. Find out more about Koh Samui property. About David Stanley Redfern David Stanley Redfern Ltd is one of the U.K.’s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivaled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market’s regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one. Media inquiries should be directed to Liam Bailey at media@davidstanleyredfern.com By David Redfern Published: 7/16/2008
Properties
Hong Kong Green Building Week 2016
The Hong Kong Green Building Week (HKGBW) has been a well-received campaign since its launch in 2013. (more…)
Properties
Thais Will Still Buy UK Property Even If Britain Leaves the EU
Thai property consultants say Thais will still buy UK property even if Britain votes to leave the European Union in a referendum on Thursday.
Phanom Kanjanathiemthai, Knight Frank Chartered managing director, says a Brexit may temporarily affect market sentiment, but won’t have a “significant effect on property prices.”
High rental returns of up to 10% and investment gains should continue in London. Thai investors have shown tremendous interest in London property in recent years.
With Brexit in the spotlight, the U.K.’s property market appears to be at a standstill, as investors await the results of Thursday’s vote.
While the market is softening, Mr. Phanom says this doesn’t necessarily translate to lower prices. If the U.K. does decide to exit the EU, the pound would weaken and offer a great opportunity for foreign buyers to take advantage of lower prices.
Savills, Knight Frank and Jones Lang LaSalle expect property in the U.K. to remain attractive to affluent buyers. Prices for residential property in central London are projected to grow by 19-21% between now and 2020. Attractive areas in outer London are expected to grow 18-22%.
British properties are popular amongst Thais, particularly those in London. More than 80% of properties in the U.K. are purchased for children who are studying in the London area at Imperial College, King’s College and University College London.
The Knight…
The investor looking to put money into Real Estate in China ought to positively take into account the financial and political background and legal frame supplied by various publications. Almost all the massive fund companies have a fund that is designed for publicity to the growth of Real Estate in China and other Asian countries.
In the years leading up to the 2008 financial crisis, the real estate sector in China was growing so rapidly that the government implemented a series of policies – including raising the required downpayment for some property purchases, and five 2007 interest rate increases – due to concerns of overheating.
Asean
Medical tourism strains health systems in Asian countries
From hip replacements to hysterectomies, southeast Asian countries have seen a rapid growth in medical tourism, with about two million international patients a year seeking bargains there. But according to the World Health Organization (WHO), medical tourism is leading to some highly skilled specialists, as well as other trained medical staff, leaving public health facilities for private ones Thailand Business News
 | From hip replacements to hysterectomies, southeast Asian countries have seen a rapid growth in medical tourism, with about two million international patients a year seeking bargains there. But according to the World Health Organization (WHO), medical tourism is leading to some highly skilled specialists, as well as other trained medical staff, leaving public health facilities for private ones | |
| Thailand Business News |
Originally posted here:
Medical tourism strains health systems in Asian countries
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