Silom Grand Terrace is conveniently located on the Saladaeng Road. It’s just a 5 minute walk from MRT Silom and BTS Saladaeng. This is one Bangkok condo rental that you will want to add to your short list. With facilities to include a large free-form swimming pool, gym, car parking, security, laundry service, drinks machine and a food room service, bangkok property options just don’t get much better than this. Amenities include UBC, WiFi, fridge, microwave, hob & fan, bath tub plus a separate shower.
Apartment rentals in Bangkok are plentiful and not expensive by world standards but it can be difficult, because of language barriers and other reasons, to find exactly what you want on your own. That’s why a company like EasyHomes can help you find exactly the right type of Bangkok property that you want and save you a lot of time doing it. Whether it’s an apartment rental in Bangkok or a Bangkok condo that you’re looking to purchase, EasyHomes can help you avoid many of the pitfalls you can encounter in looking for any type of real estate in an unfamiliar market.
On the Easyhomes website you’ll find over 1,000 different pieces of Bangkok property listed at any given time and there are new listings being added daily. And when you go on the EasyHomes website you’ll find a number of different ways to search for apartment rentals, condos and houses for sale or rent. You can search by price, area, number of bedrooms and type of Bangkok property that you want. And you can even look for properties that are close to Bangkok’s two mass transit systems, the BTS Skytrain and the MRT underground train, or properties that are close to universities or international schools. The EasyHomes website is simple to use and will help you find what you’re looking for in no time.
But EasyHomes isn’t just about finding a Bangkok condo or other type of Bangkok property to look at. The EasyHomes staff will help you negotiate leases and ensure that contracts are in order before you make any rental or sale commitments. And if you’re completely unfamiliar with the city then the staff will make recommendations to you as to what areas in the city might best suit your needs.
And one of the most important things to consider when choosing any company to help you find a place to live is the commitment to service that the company possesses. EasyHomes has been helping people for over three years now and has a great record of customer service and accountability. Neil McDonough, the Director of EasyHomes makes his company’s philosophy very clear: “We like to think of ourselves the same as we do our customers and treat everyone the way they deserve. We decided from the outset that all customers were equal regardless of budget. And although we do not specify and charge for an after-sales service, we still make every effort to help our customers whenever we can even after we have found them a great place to live.”
There are many people asking the question why has after a step and prolonged rise in the Bangkok property market are prices slowing? There are a number of factors, usually these are attributed to rise in interest rates or slowing of the economy but in the case of foreign buyers these factors hardly contribute to their purchases. In September 2006 the Thai military staged a popular coup to depose the popular but corrupt Prime Minister Mr.Thaksin.
‘The coup caused little stir in Bangkok’s popular tourist districts, where foreigners packed beer bars and cabarets just a few miles from where the tanks were posted’, AP reported
Many thought this would have an effect on foreigners buying property in Thailand but the opposite occurred more deals went through. However many thought the draconian visa rules would be relaxed but they were not, ‘The Thai government on Friday announced new visa regulations for tourists limiting the foreign visitors to a maximum stay of 90 days each every six months in order to ease social problems and crime in the country.MCOP reported. This contributed to buyers lessening but not by much. There were also changes made to the company formation where rules were enforced that made buying a house or land under a Thai company, this shook the popular costal resort market greatly. Another event that caused major confusion was the central bank imposed a 30% rule due to capital inflows that meant you had to park this percentage of your funds with the bank for one year.
The Thai government could install confidence again by offering longer lease to foreigners buying land/house as suggested by various chamber of commerce’s, to increase options for visa status of property owners and of course to institute a new democratically elected government.
Undoubtedly, Bangkok’s real estate for sale offers some of the best accommodations in Thailand. In this major economic and financial center, one can find exclusive apartments in lavish high-rise edifices, with stunning, breathtaking views over Thailand’s capital. There are many real estate companies in Bangkok which can offer the best accommodations they have. However, because the city is so vast and the options are so many, it is imperative for anyone interested in buying or renting in this area to use the professional advice of a property consultant and broker. Forbest Properties is the solution. It provides its clients with a Bangkok property listing database which contains well selected real estate according to multiple criterions.
Bangkok occupies the 22nd place in the world regarding the number of people living in this amazing city. Its population doesn’t consist solely of local persons. The reasons are that a thriving, prosperous and modern city always attracts new people. Because Bangkok is constantly growing, the prices are affordable to foreigners as well. According to Thai law, foreigners can purchase housing units in more than one area of the city. So, even if you are a foreigner, Forbest Properties can still be of help through its Bangkok property listing. They can assist you in choosing valuable real estate and invest your money in more than one housing unit.
Using the Bangkok property listing and the well documented comparison which Forbest Properties provides, you can easily find out the best offers regarding the accommodation which is more appropriate for you. You can choose between apartments and condominiums. Apartments are preferred because they offer advantages to both single persons and families. Better maintenance, security and a wide variety of facilities make apartments suitable for all types of lifestyles. The level of the services is the same for condominiums, but there is a slight difference: the condominiums imply individual ownership and you will have to settle all the deals with the proprietors directly. This is the main fact which influences the properties’ prices. Other aspects which influence the buying or renting of a Bangkok real estate are: the surface of the home, whether it is furnished or unfurnished, the facilities and the condition of the property. The décor and the style of the accommodation can vary depending on the location in the city and it is often a decisive factor when renting.
Details can easily be missed when hunting for a home in Bangkok. The multitude of offers is sometimes overwhelming, but the sincere advice of professionals, like the ones at Forbest Properties, can guide you, the buyer in a search through the Bangkok property listing. Taking into consideration that newspaper ads can be vague, incomplete and sometimes untrue and being reminded of the priorities one should have when looking for a home, Bangkok real estate for sale can prove to be much easier to handle by a regular inexperienced client. A consultant will guide and direct the person interested in real estate by helping him consider the proximity to office, schools and services, the accessibility to the local means of transport, the traffic in the area, the distance between the Bangkok real estate for sale and the place of work and, in case of rental, the improvements of the property, the contract terms, the tenant rights and of course the prices.
Of course, one can find a good Bangkok real estate for sale or for rent by himself as well. In Bangkok, advertising notes placed on buildings or in their vicinity isn’t very unusual. They can be very helpful, just like asking friends or coworkers which live in condominiums to help you find out about available accommodations. Another way of searching for an accommodation in Bangkok would be to enter a building and to ask politely around. Either way, it’s impossible not to find something for sale or for rent. However, these methods are risky, time consuming and offer no guaranteed results.
If you prefer to spare yourself the effort of searching for the needle in the haystack and if Bangkok is totally unfamiliar to you, you should turn to the very rich Bangkok property listing that Forbest Properties provides its clients with. Their aim is to help you touch your property goals. They will find that particular style or design or that particular type of housing you are searching for.
Bangkok, also known as Krung Thep which literally means the City of Angels, is located west of the Chao Praya river and now boasts some of the finest examples of modern architecture in the South East Asia region if not the world today. With its new-age skyscrapers, it is currently ranked 17th in the list of the world’s tallest city.
Infrastructural development throughout the capital and indeed the rest of Thailand over the past twenty years has helped Bangkok emerge as one of the most important commercial hubs in Asia. Its new rapid transport systems and the development of high speed global communication networks is now attracting more businesses and more industries, which, from an investor’s point of view has made Bangkok a highly attractive investment port.
See for yourself
If you take public transport or even drive just about anywhere in and around Bangkok, it won’t take long for you to come across new housing and land developments for sale. Convenient access to and from the city via its elevated trains and expressways has surely lead to the influx of new companies and businesses. Not to mention new residents-which have fuelled high growth rates- and in turn spurred land price rises that currently range from a few thousand Baht per square wa, to some of the highest land prices in the Silom Road area which recently topped a massive 655,000 Baht per square wa. (1 square wa is equivalent to 4 square meters). With these increases which have all occurred within the last decade or so, how can anyone resist such an investment opportunity?
Safe, secure and profitable
Having said all that of course, you should also be seeking the best advice possible when investing in properties or land in Thailand. Moreover, current laws and other bureaucracy that restricts the flow of some direct investment into the Thai property market may also create an uphill task. But nowadays with the aid of the reputable lawyers and property consultants available such as Forbest Properties based in Bangkok, you can now obtain a virtual new key to the city which can present you with numerous choices and the opportunity to join the Bangkok property ladder in a simple, safe, secure and profitable method.
Abundant choices
Are you or your business in search of some of the larger properties or land that is currently available, i.e. land acquisitions for industrial site and commercial purposes? Or are you interested in investments in high end modern high rise condominiums, which boast stunning views of the city. Forbest Properties have much to offer in the way of choices. Land or properties for sale may be found anywhere within the fifty districts which make up the divisions of the city. To name just a few of its most important central business areas; Pra Nakong, Silom, Sathon, Bangrak, Pinklao, Phra Ram 2, New CBD and the Phra Ram 3 Financial Centre not to mention MTT are all part of the intrinsically balanced structure which create a unique blend of new-age modernization and ongoing urban development in the capital.
Whenever the name City of Angels is mentioned, most people especially from the west would automatically assume we are talking about Los Angeles in the USA. However, Bangkok or “KrugThep” also has the literal translation of the “City of Angels” and hence is named so. But apart from the high rise properties and skyscrapers, this is where the similarity ends. Bangkok-The City of Angels, located west of the Chao Praya River in Thailand, has a population of approximately 8 million, and with some of the finest examples of modern architecture in the world today, boasts class status and ranks seventeenth in the world’s tallest city.
Goodbye Old-Hello New
The development of infrastructure throughout the city is second to none and has helped Bangkok clear the path to enable its emergence as one of the most dynamic commercial hubs in Asia. A new rapid transport system which includes the ultra-high tech Skytrain has been developed. A new state- of-the-art international airport was also completed last year along with upgrades to high speed global telecommunications and communication networks serving Thailand and the world proudly. A sure reason why investors are starting to raise their eyebrows once again.
Window Shop
Take the Skytrain, the bus or drive around Bangkok and see new development in land and housing created by the influx of new willing investors. Convenience and access is another factor lying behind the interest. Not only amongst business people, but also among private investors. These in turn have lead to the fuelling of high growth rates spurring land price rises from such tiny proportions just a few decades ago, to a fantastic three fold or more in some areas today. With statistics like these, can anyone resist the investment opportunities?
Parts of the city
Although land or properties for sale can be found in just about any one of the fifty districts of Bangkok,
some of its most prestigious names can be found among the likes of MTT,Pra Nakon, Silom, Sathon, Bangrak, Pinklao, Phra Ram 2, New CBD and the Phra Ram 3 Financial Centre. Here as with many other districts contain sales for land acquisitions and include an extensive range of other properties such as high-end sky rise condos with their gorgeous skyline views and other general properties for sale. Whether it be a personal venture or a business venture, or whether it be land or land with properties. Be sure to list your goals and do some homework before climbing the Bangkok property ladder.
Safety before profits
I’d like to say that the days have gone when you could lose fortunes investing in property and land sale scams. It still goes on and they still exist. Which is why, when it comes to “your money”-seeking the most prolific advice possible is an absolute essential! Moreover, like it is anywhere else, it’s sometimes tough dealing with the bureaucracy and the red tape that goes with buying and selling property and land-especially in a foreign language. Companies like Forbest properties based in Bangkok can help you clear these hurdles. They are professionals who know the business inside and out and can help you with all your needs.
Metro-Park Sathorn is located near the newly constructed BTS Station Wong Wian Yai at Thonburi. This really is a beautifully constructed development defining the future of Bangkok properties. The property in the video here is a 2 bedroom 1 bath well designed condo spread over an area of 58 SQM. Facilities include a gym, sun terrace, car parking, and of course, 24 hour security to name but a few. This is a very family friendly complex that offers a free regular shuttle service to the BTS station. Probably one the best value for money Bangkok condominiums for 2010. tinyurl.com For additional details and photos of Metro-Park Sathorn, plus other great Thai Rentals & Bangkok property sales, contact easyhomes. EH is a friendly, progressive, independent English speaking Bangkok Real Estate company, providing a dedicated and professional services for expats living in, or just moving to Bangkok. www.easyhomes.tv
Signs of a recovery in Asian Property values continues as record prices are achieved in the region. The sale of what is the most expensive priced property in the world on a per square metre basis recently took place in Hong Kong. A 5 bedroom 572 sqm condominium sold for the equivalent of THB 1.8 billion or more than THB 3.2 million per sqm, which when you consider that high end Luxury Condominiums in Phuket sell for THB 100,000-150,000 and similar Condominiums in Bangkok in the region of THB 200,000-400,000 it makes Thailand, Bangkok Property and Phuket Property especially, look seriously undervalued. While Singapore Property has returned to the high prices it was realising before the recession Thailand Property still remains undervalued. The route cause for this appear to be the uncertainty with which the rest of the world see as being the current governmental situation. Ongoing issues between pro-Taksin supporters, the red shirts, and their direct opposition, the yellow shirts, often gives outsiders the incorrect impression that there is a struggle for power taking place in Thailand that may and sometimes appears to be seen to degenerate into violence on the streets. This is highly exaggerated by the media and in fact to 99% of the population, Thais and ex-pats alike, there is no problem at all. Even so, this together with an ageing and seemingly frail King to whom the Thai people idolize leads people to show concern for Thailand’s future prosperity. History has proven on most occasions that these factors have very little bearing on real estate values but can have the affect of slowing the market recovery. This can be greatly advantageous to the prospective buyer who may be able to capitalize on this if he is prepared to not “follow the sheep”.
Without doubt Bangkok Property is the most undervalued capital in the world from a property value perspective, let alone South East Asia. A vibrant capital with great connections to the world, an industrious labour force, a cheap and efficient transport system, great restaurants and nightlife and friendly people. Prices of Bangkok Apartment which were considered undervalued at one sixth of similar properties in Hong Kong and Singapore are now at around one tenth of the value. Compare “The River”, an iconic twin tower condominium development on the banks of the Chao Phraya river in an unparalleled location positioned next to The Peninsular Hotel and directly opposite The Shangri-La and Oriental Hotels. A 1,000 sqm Penthouse in Bangkok on the 62nd floor recently sold for as little as 250,000 baht per sqm. Can it be realistic that this is one twelfth of the cost of the similar condominium in Hong Kong?
Property in Phuket is even more undervalued when one considers Phuket is considered to be amongst the Top Ten locations in the world in which to live. With its fabulous marinas and surrounding waters, magnificent golf courses, world class hospitals and schools, fantastic restaurants and nightlife, and an international airport increasingly being seen as the South East Asian hub for many regional airlines it is easy to see the attraction. Nevertheless property in Phuket continues to look cheap even by the standards of other tropical islands in the region that have traditionally always played second fiddle to Phuket,. Bali Property, for instance, has shown continual growth during the past 12 months even though its problems are historically far more significant than any problems Phuket Property may have faced. Sea view condominiums in Phuket range from about 80,000 to 150,000 per sqm depending upon proximity to the sea and view. A typical example would be a 210 sqm Apartment in Kata with magnificent views and direct walkway to the beach for as little as 19.5 million Baht or 92,850 baht per sqm.
Villas in Phuket range from pool villas in what may be an attractive development priced at about 50,000 baht per sqm, a typical example being Anchan Villas in Layan situated about one km from Layan Beach and within the proximity of the highly regarded Laguna community. The standard for this development is far better than one would expect for the price of about 13 million baht with many designer features. For those to whom a Budget is just something that takes place in the UK once a year there are many multi-million dollar Villa developments to look at. These include the Philip Stark designed Villas at Cape Yamu or the Gary Fell designed development, Istana in Nai Thon. Neither would leave the discerning owner wanting.
Phuket Property be it Phuket Condomiums or Phuket Villas offers fantastic value and endless pleasure to the fortunate buyer. There will be many who, in a relatively short time, will regret not having jumped in and bought now!
Prime Mansion 4 is a choice Bangkok property located in the mid Sukhumvit area of the city. At 140 SQM, this Thai condo is a spacious residence which boasts some great facilities and amenities. Prime Mansion Sukhumvit is a Grade A property. Bangkok living just doesn’t get much better than this! tinyurl.com For more details on Prime Mansion and other great Bangkok Rentals, visit easyhomes – the Easy way to find your Thai property rentals & sales in the City of Angels. www.easyhomes.tv
The condominium and industrial sectors were the best performers in the Bangkok property market in 2007. Medium priced condominiums continued to attract a new generation of purchasers in locations near mass transit stations. Luxury condominiums in the downtown area performed well with prices of newly launched projects increasing. Industrial properties were the other star performer, with 40% increase in land sales in the first nine months of 2007 and rental factories attaining high occupancy rates in 2007.
The office and retail markets were slow due to weak domestic demand. Bangkok hotels suffered lower-than-average occupancy rates. There was a 22.7% drop in the number of developer-built single-detached houses completed and a 15.7% drop in developer-built townhouses completed in the first six months of 2007.
The prospects for office property will principally rely on the economic prospects after the election and the new government’s policies. There is latent demand for houses in good locations shown by high sales rate for new projects launched this year. The completion of the final section of the outer ring road will provide new areas for future residential development. There will also be more housing projects along the Airport Rail Link, which is scheduled to be opened next year or early 2009.
Condominium prices in the downtown area will continue to rise next year. Prices of newly launched condominiums in mid-town locations will increase at a slower rate as end-users tend to choose newly completed condominiums rather than condominiums sold off-plan. The market for serviced apartments in downtown Bangkok will be competitive since there will be a number of new serviced apartments due for completion next year. The luxury hotel market in Bangkok will perform well next year if there are no more security issues in Bangkok. The market for industrial properties looks bright as the government’s eco-car policy has already started to spur transaction activities.
The housing market was weak with 7,054 developer-built single-detached houses completed in the first six months and 4,560 developer-built townhouses, representing 22.7% drop and 15.7% drop, respectively. The total new residential supply is expected to drop by about 20% in 2007, compared to that of 2006.
For 2008, the completion of the Outer Ring Road has opened a new area for development that will now have convenient access to the city centre. Consumer confidence will be critical to the performance of the housing market next year.
The overall performance of upscale hotels (luxury and first-class hotels) in Bangkok was weak throughout the year 2007. Hotels in resort destinations, such as Phuket and Koh Samui, outperformed their peers in Bangkok. The average occupancy rate of upscale hotels in Bangkok is expected to be only 70% by the end of year 2007, compared to 75% in 2006. Although the Average Daily Rate (ADR) increased 12.1% y-o-y in dollar terms to US$158 in Q3 2007 and is likely to reach US$170 by the end of this year, the increase was only about 2% in Baht terms.
The forecasts that more than 2,000 new upscale hotel rooms in Bangkok will be completed in 2008, raising the supply by 24% from 2007. Competition will be intense if demand does not recover from this year’s level. Resort hotels in tourist destinations will continue to perform well as the number of tourist arrivals continually increases.
Industrial Property Market – 2,611 rai (1,044 acres) of Serviced Industrial Land Plots (SILPs) were sold in the first nine months of 2007, a 40% increase on the same period in 2006. The market for Ready-built Factories (RBFs) has been performing well throughout the year, with 86% occupancy rate. Like the SILP market, Japanese businesses continued to be the major tenants for the RBF market.
The market is expected to be active in 2008. With the total value of the Board of Investment (BOI)-approved projects increased by 99% y-o-y in the first three quarters of 2007. New supply of SILP of about 3,251 rai at the end of this year is expected to be quickly absorbed by the rising demand. The eco-cars are likely to be the next driver of the automotive sector, spurring the industrial property market in 2008. Favourable investment policies of the new government will be crucial to carry on the momentum into next year.