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Above-world economic growth along with healthy job growth prospects, accelerating urbanisation and increasingly wealthy households will support corporate and investor confidence in Asia Pacific in the coming year. CBRE expects rental and capital value growth of around 2 – 4% for the office, retail and industrial sectors in 2015 and a 5% increase in real estate investment volume. ... Read More >
Thailand accounted for about 11 per cent of Myanmar’s total border trade in the first five months of this fiscal year, according to the Myanmar Commerce Ministry. Trade via the seven border checkpoints with Thailand totalled US$277 million (Bt8.94 billion) between April 1 and the end of August, while overall border trade was $2.458 billion, the ministry said. Myanmar has ... Read More >
Investment in new hotels in Thailand is expected to slow next year as many key players concentrate on newly opened markets to cash in on the opening of the Asean Economic Community (AEC), according to the president of the Thai Hotels Association (THA).  However, Thailand will remain one of the most attractive destinations in the region, with expectation of 28 ... Read More >
Bangkok Office MarketView, Q4 2013 Overall, 7.39 million square metres was occupied, up by 0.8% Q-o-Q and 3.4% Y-o-Y. The occupancy rate improved to 90.8% this quarter, from 90.4% in the previous quarter. Office rents increased for both grade A and grade B offices in CBD and non-CBD areas. The ... ... Read More >
Phuket Residential MarketView Q4, 2013 Condominium & Apartments In Q4 2013, there were two new resort condominium projects launched in the east coast area and west coast area: Diamond Condominium (Mid-range Condominium: THB 60,000 – 89,999 per sq.m.) and The Beachfront (High-... ... Read More >
Phuket Hotel MarketView Q4, 2013 The performance of hotels in Phuket improved in terms of both Average Daily Rate and occupancy rate in 2013. The occupancy rate of upscale hotels in 2013 increased by 2.0% Y-o-Y to around 70%. Phuket’s hotels also increased their Y-o-Y average occupancy rate in ... ... Read More >
Thailand Investment MarketView Q4, 2013 There were five reported large land transactions in the Bangkok Metropolitan Region during this quarter. KPN Group acquired 1-2-12 rai (2,448 sq. m.) site by the Surasak BTS station for an undisclosed price to build a luxury condominium development. Thai Wacoal ... ... Read More >
Bangkok Residential MarketView Q4, 2013 One highlight of the new launches in this quarter was The Diplomat Sathorn (192 units) in the downtown area, with more than 90% sold within two months of being launched. By the KPN Group at an average price of THB 250,000 per square metre, which is higher than ... ... Read More >
Bangkok Luxury Hotel MarketView Q4, 2013 The Average Daily Rate (ADR) of all grades of hotels in Bangkok was around THB 3,200, an increase of 7.0% from 2012. Revenue per Available Room (RevPAR) of all grades of hotels in Bangkok was THB 2,400 in 2013, rising by 13.0% Y-o-Y. CBRE forecasts ... ... Read More >
Thailand Industrial MarketView Q4, 2013 The supply of completed SILPs is increasing at a faster pace. 4,300 rai (690 hectares) were completed in our survey basket compared to 1,800 rai (290 hectares) in Q3 2013. Some of this increase in new supply had been delayed since 2012 because of the time ... ... Read More >
Bangkok Retail MarketView Q4, 2013 In Q4 2013, four new retail centres opened: a supporting Mall for a condominium project called The Shoppes Grand Rama IX, a Lifestyle Dining & Gastro Landmark called The Groove at Central World, a Community Mall called The Paseo Town on Ramkhamha... ... Read More >
Bangkok Office MarketView, Q4 2013 Office rents increased for both grade A and grade B offices in CBD and non-CBD areas. The highest rents were in new grade A buildings in the CBD. In Q4 2013, average rents for grade A office space in the CBD rose by 1.2% Q-o-Q and by 7.0% Y-o-Y to ... ... Read More >
Asia Pacific Capital Markets MarketView Q4, 2013 Commercial real estate transaction volume in Asia Pacific totaled US$26.6 billion in Q4 2013, a rise of 20.8% q-o-q from the US$22 billion recorded in Q3 2013. Total transaction volume for 2013 reached US$90.4 billion, a rise of 24.2% y-o-y. Activity was ... ... Read More >
Asia Pacific Office MarketView Q4, 2013 Demand for office space in Asia Pacific strengthened in Q4 2013 with net absorption totaling 8.6 million sq. ft. The H2 2013 figure of 15.2 million sq.ft. was an improvement on the H1 2013 total of 14.1 million sq. ft. which was the lowest half-yearly total recorded ... ... Read More >
Real-estate transaction volumes in Asia-Pacific last year hit their highest level since 2005, totalling US$90.4 billion (Bt2.97 trillion), a rise of 24.2 per cent against full-year 2012 rates, according to research by property agency CB Richard Ellis (CBRE). The increase was led by strong investment activity in Australia, China and Japan, with these three markets likewise recording their highest annual ... Read More >

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