Thailand
Amari announces new hotel management company, Onyx Hospitality Group Amari 12.03.2010 | |
 Amari, Thailand's leading domestic hotel management company today announced the formation of a new corporate structure with the creation of ONYX Hospitality Group, a new management company. This strategic development allows the company to pursue its previously announced expansion plans, moving beyond Thailand to pursue hospitality management opportunities in the Asia Pacific and Arabian Gulf regions. |  The Home Builder Association is positive about the purchasing power in 2010 after reaping over 430 million Baht from Home Builder Focus 2010. |
Photo Release: Topping Up Ceremony at North Park Place Condominium TCC Capital Land 09.03.2010 | |
 BKK Group is to stage its Grand Opening for The Coast Bangkok, a 5 billion Baht project built under “For Today’s Better Living” concept, during this coming March 12-17 at Central Plaza Bangna. In the event, there will be special promotion, where those who put 10,000 Baht down payment on site and make 10,000 Baht monthly installments will get 10% return on investment – guaranteed. |  TCC Capital Land Management led by Mr. Soammaphat Traisorat (center), CEO & MD, presided over the auspicious topping up ceremony at the condominium North Park Place, an exclusive serviced residence on Vibhavadi-Rangsit Road. The ceremony was held as a propitious omen for the condominium project and its future residents. |
CB RICHARD ELLIS THAILAND ANNOUNCES PROMOTIONS FOR RESORT PROPERTIES TEAM CB Richard Ellis 09.03.2010 | Centara acquires Astudo propertiesKUNAL DUTTA CIT Magazine 09.03.2010 |
 CB Richard Ellis (CBRE) Thailand is pleased to announce the promotion of two key members of the resort properties team. |  Thai-based hotel chain Centara has acquired the Astudo group in a bid to expand its boutique property range. |
Thai property set for price increases propertyshowrooms.com 08.03.2010 | Wily Sunisa and The Grand Property Scam in Jomtien Soi 7 Pattaya Daily News 07.03.2010 |
 The Thai property market is bracing itself for price increases at the end of March after government officials decided that they would not be renewing tax breaks. |  Property in Thailand is probably one of the most lucrative investment arenas, worldwide, with prices almost 1/3 of an equivalent unit in most top Western destinations. This particularly applies to Pattaya where the total value of condos sold leapt from US$12m in H1,2005 to an astounding US$222m in H1,2008 (Bt 392.4m-7,258.33m), with prices rising from US$1,929 prices per square metre (psm) to US$3,264 psm (Bt63,096.51 - 106,767.98). In one case, The Cove topped Bt220,000 psm; the equivalent of top Bangkok prices. Being such a lucrative arena, however, makes the property market highly susceptible to scam merchants, one such we will elaborate on after giving you the background to the Pattaya Property Market. |
Ritz Cartlon Residences opens THB200 million sales gallery at Mahanakorn development.Andrew Batt Property Report 07.03.2010 | Real Estate Sale & Investment Pitfalls in ThailandWarina Punyawan Pattaya Daily News 04.03.2010 |
 What will become Bangkok´s tallest building and an icon on the cityscape has opened its THB200 million sales gallery. The Mahanakorn Pavillion, part of the landmark mixed-use developed between Silom and Sathorn Roads, showcases several Residences that will form part of the “super luxury” Ritz-Carlton-branded Residences. |  Real Estate is a very high value industry, which inevitably makes it a prime stamping ground for rip-off merchants and scam-artists, particularly in Thailand, sometimes dubbed the Land of shark smiles”. Naïve, would-be investors make perfect victims for the unscrupulous, who delight in taking the shirts from off their backs, especially in Fun Town, where anything goes and scams are legion. |
