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A guide to picking the co-working space that’s right for you #ศาสตร์เกษตรดินปุ๋ย

Published January 15, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/property/30380576?utm_source=category&utm_medium=internal_referral

A guide to picking the co-working space that’s right for you

Jan 15. 2020
Denver-based writer Daily specializes in consumer advocacy and travel strategies. Find her at dailywriter.net.

Denver-based writer Daily specializes in consumer advocacy and travel strategies. Find her at dailywriter.net.
By Special to The Washington Post · Laura Daily · BUSINESS, FEATURES 

Although co-working industry darling WeWork imploded in October, the shared office space concept is anything but dead. Flexible workspaces make up a mere 5 percent of the office real estate market, but the segment is projected to grow to 30 percent by 2030, according to JLL, a Fortune 500 real estate management firm.

At its most basic, co-working is the use of a shared space to do business. Usually, such spaces offer “hot desks,” communal tables with chairs, power outlets and high-speed WiFi; spots can be rented by the day, the month or longer. Some provide the option of a dedicated desk/cubicle with locked storage, as well as shared or private offices. There are also usually communal kitchens, office equipment such as printers and copiers, free coffee, conference rooms and an on-site host-concierge.

Caroline Lofts, chief executive of WorkAbility, a collaborative workspace with locations in Denver, calls co-working an exciting version of office rental. “People in the early stages of needing brick-and-mortar space can have it without putting up an astronomical amount of capital. There’s no three- to five-year lease, you can surround yourself with other working professionals and completely untether if you have to, without penalty,” she says.

Co-working appeals to both solopreneurs and start-ups, says Jamie Shanker-Passero, associate director of the Temple University Small Business Development Center in Philadelphia. “With rising real estate prices, space sharing is crucial. You don’t pay for unused space, but do share expenses such as utilities, security and front desk personnel,” she says.

Meg Marrs, founder of K9 of Mine, a website that reviews dog toys and gear, splits her time between Boston and Austin. When she launched her business in 2015, Marrs worked out of neighborhood cafes. “There was always a moment of panic when I entered one. Are there any open tables? Where are the nearest outlets? What’s the cheapest coffee I can buy? Who should I ask to watch my laptop when I go to the restroom? And, if the WiFi was bad, it ruined my day,” she says.

Two years later, Marrs tried a hot desk at Austin’s Capital Factory and fell in love with the concept. “Having a workspace to which you can go and commit to has a huge impact. It’s so much more productive when everyone around me is working.”

Are you ready to move your “office” out of the local coffee shop? How do you find a co-working space that’s right for you? Here are factors to consider.

– Amenities

Will a desk and a chair among dozens of others do, or must you have a private office with a lockable door, file cabinet, guest seating and even a live plant? Co-working offices run the gamut from bare-bones to fully tricked out. There may be lockers to secure your stuff, loading docks for deliveries, full kitchens, beer on tap, gyms and game rooms. Some are geared to specific niches such as nonprofits, computer coders or only women. Cove, a Washington, D.C.-based co-working company, boasts an open-space concept. Sixty percent of the space is designated “quiet” with no talking. Private, soundproof phone booths may be reserved for calls. Members can use a smartphone app to see who is working at any given time, reserve a spot and even unlock the doors after business hours.

– Ambiance

Jason Anderson, president of Venture X, a flexible office space provider, says to shop for a co-working space the same as you would for a hotel. “Do you want a standard room with the basics to meet your needs, or do you prefer a four-star environment with high-end furniture, full-time concierge and upscale amenities such as an on-site cafe?” he asks. “Are you more comfortable with a lively bar vibe or more attuned to a Four Seasons-type crowd?”

Co-working spaces can be sedate or social, so consider whether you want to surround yourself with people playing table tennis or to be able to concentrate without such distractions. Also think about whether you want to get involved with your workplace neighbors, says Baron Christopher Hanson, a company turnaround consultant based in Charleston, South Carolina. “If you see words like ‘collaboration’ repeatedly used to describe the space, expect more interaction.” Sarah Cissna of Washington embraces the socializing: “I like getting to know people I wouldn’t have otherwise. It got lonely working at home.”

– Cost

Pricing depends on services, staffing, location and amenities. At Denver’s WorkAbility, a communal area day pass is $17.50. Those who opt to work from any open desk pay $135 per month; it’s $400 per month for a dedicated desk with lockable storage. Private offices start at $900 per month. Cove charges $229 per month for unlimited access to all of its shared spaces. A one-day pass with reciprocity at more than 23 Venture X locations will run you about $40, while a shared desk starts at around $195.

– Location

A co-working space needs to be close enough to home that you’ll use it. Search online for “co-working space + city name.” If you hold face-to-face meetings, factor in its convenience for your clients. Is there plenty of parking and/or nearby public transportation? Cissna, who produces fundraising events for organizations, chose hers because it’s three blocks from her home and has a Metro stop across the street.

– Security

Some co-working spaces are stand-alone, while others use specific floors of a larger office building. Are there security guards, or is there someone manning a reception desk? How do people access the doors and elevators? Is there a way to safely store any belongings you leave at the space? Security is especially important to consider if you like to work off-hours or on weekends.

Once you’ve considered these factors, take the following steps before signing up.

– Take a tour

There’s no substitute for eyeballing a space firsthand, says Hanson, who has leased co-working offices along the Eastern Seaboard for more than 20 years. Give it the once-over. Is the space flexible with ample chairs and tables? Check out the restrooms. Is the kitchen clean? Make sure the landlord and/or building is not in financial distress or foreclosure. Consider the noise level. Some rehabbed spaces act like an echo chamber. Shanker-Passero suggests striking up a conversation with someone using the space during your tour. “Get their business card and contact them later,” she says. “Ask about their experiences and what they like and dislike about the place.”

– Test it out

Ask for a free day pass or two. Then visit during your regular work hours and re-create your typical work day. Are the chairs adjustable and still comfortable after a few hours? Are desks the right height? Test the WiFi speed. Make calls. Print out documents. Take breaks and check out nearby food and drink options. If the space has a kitchen, bring your lunch. Planning on meeting clients? See if a friend can drop by for a quick chat. If have the option, visit on different days. There may be certain days or times that are more crowded or quiet.

– Dive into the details

Carefully review the paperwork and contract terms. What are normal operating hours, and do you have to pay extra for 24/7 access? Get a list of any additional fees. Ask to see the conference room schedule. Is it always jammed? Are you guaranteed a certain number of hours’ use each month? Is there always someone on-site if the WiFi goes offline?

At the end of the day, co-working is a great option, Hanson says. “Just ask yourself, ‘Can I be productive here?’ ”

ONYX signs second Amari management deal in China #ศาสตร์เกษตรดินปุ๋ย

Published January 13, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/property/30380481?utm_source=category&utm_medium=internal_referral

ONYX signs second Amari management deal in China

Jan 13. 2020
By THE NATION

ONYX Hospitality Group, a major hotel management company in the region, on Monday (January 13) announced the signing of an agreement with Base Construction Co Ltd, the owner and developer of its new headquarters Hangzhou East Bay Base, for the management of Amari East Bay Hangzhou, in the Qiantang district of Hangzhou city in Zhejiang province, east China.

This will be ONYX Hospitality Group’s second Amari in China. Scheduled to open in 2021, Amari East Bay Hangzhou will occupy levels 33 to 47 of Hangzhou East Bay’s main building, the tallest skyscraper in the new area of Qiantang.

Located along the riverbank area of the Xiasha subdistrict, Hangzhou East Bay is in close proximity to the Qiantang River, neighbouring the industrial development zone.

With the start of the city’s east expansion development strategy and the infrastructure of Greater Jiangdong, the area along the eastern border of Hangzhou is gradually being transformed into one of the city’s major districts.

As one of the key infrastructures in the development zone, East Bay headquarters Base will be home to enterprise headquarters, creative industries, commercial buildings, conference centres, a water park and walking streets.

The headquarter building, in which Amari East Bay Hangzhou will be located, is situated in the Xiasha Wetland area, encompassing the interchangeable ring entrance in the south and sitting on more than 50 hectares of wetland landscape park where the most scenic views of the river can be enjoyed.

The area will also play a major role in attracting investments, leading and driving the development of the region.

The lobby of Amari East Bay Hangzhou will be nestled on the on 47th floor, approximately 200 metres from the ground, embracing a panoramic view of the Qiantang River and the riverbank wetland. Guests can enjoy an “amidst the clouds” experience in this tallest hotel in Qiantang New District.

It will feature 316 rooms that include guestrooms, executive suites and deluxe suites.

A wide range of facilities, including an all-day dining outlet, a Chinese restaurant, lobby bar, executive lounge, multi-function room, fitness centre, swimming pool, kids club and Thai-inspired spa will be offered, providing a wide range of experiences for both business and leisure travellers.

The hotel will combine a contemporary Thai-inspired design with touches reflecting the art and culture of Hangzhou, building a magnificent life gallery for a luxury sojourn.

Douglas Martell, president and chief executive officer of ONYX Hospitality Group, said: “Amari East Bay Hangzhou will be our second Amari in China. As the flagship brand of ONYX Hospitality Group, Amari is a fast-expanding full-service hotel and resort brand originated in Thailand with presence across Asian destinations such as the Maldives, Sri Lanka, Malaysia and Laos. It is our honour to partner with Hangzhou East Bay Base Construction Co Ltd, in introducing a new flagship hotel that embodies the essence of the Amari brand, providing guests with a contemporary Thai experience in this dynamic city”.

Hangzhou East Bay Headquarters Base Construction Co Ltd expressed their optimism towards this deal.

Upon completion, the Hangzhou East Bay Headquarters Base will become a national first-class facility, the province’s leading dual-core headquarters base, as well as a base for the Zhejiang business enterprise that emphasises “pioneer and innovation”.

The firm believes that, with the exceptional brand essence and the professional hotel management expertise and experience of ONYX Hospitality Group, the new Amari East Bay Hangzhou will shine as one of the most unique high-end business hotels in the region, which will help promote East Bay headquarters base in becoming the social and business hub of the area in the decades to come.

Based in Bangkok, ONYX Hospitality Group has a growing regional portfolio of 50 operating properties across three core brands in eight markets. The Group has a robust development pipeline of 25 new properties in markets such as China, Malaysia and Laos, and has set a target of having 99 hotels open by 2024 as part of its journey towards being the best medium-sized hospitality player in the region.

Manhattan home sales see smallest decline in 2 years #ศาสตร์เกษตรดินปุ๋ย

Published January 4, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/property/30380117?utm_source=category&utm_medium=internal_referral

Manhattan home sales see smallest decline in 2 years

Jan 04. 2020
By Syndication Washington Post, Bloomberg · Oshrat Carmiel

Manhattan home sales slipped 1.2% in the fourth quarter — and that’s the best news for the market in two years.

It was the smallest year-over-year decline in deals since buyers started retreating in 2017, according to a report Friday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. While home-shoppers are still wary of overpaying in a market where prices had shot up more than 50% from the bottom in 2012, more sellers are acknowledging those concerns and marking their properties down.

“If you want to sell, you have to look at the new reality, the new adjustment,” said Steven James, chief executive officer of Douglas Elliman’s New York City division. “Those who reduced the price met some encouragement and actually made deals.”

The Manhattan market is still recalibrating after years of excess, when sellers could name a price and draw several bidders who would top it. Those days are over, replaced with a climate of rising inventory, a disappearing foreign-buyer pool and new federal laws that limit the tax benefits of ownership, especially in states like New York with high property levies.

The result is that Manhattan sales have declined in eight of the past nine quarters. The exception was the second quarter of 2019, when buyers raced to complete purchases ahead of a scheduled increase in mansion and transfer taxes.

“The market has begun to approach stasis after a number of years of decline,” Frederick Warburg Peters, CEO of Warburg Realty, wrote in a report by the brokerage Friday. He estimated that prices have fallen 15% to 25% from their 2016 peak.

The median price of condos and co-ops that changed hands in the fourth quarter was unchanged from a year earlier at $999,000, according to Miller Samuel and Douglas Elliman. Buyers got discounts averaging 6.8% from the last asking price, up from 6.2% a year earlier.

The inventory of listings climbed 9% to 6,643. At the current pace of sales, it would take 8.3 months to clear all those properties, up from 7.5 months a year earlier.

Most transactions were at the lower end of the market, with 88% of closed sales in the quarter priced below $3 million, the brokerage Core said in its own report. The share of purchases above that value was the lowest for a fourth quarter since 2011.

Signs point to a continuation of that trend: Contracts to buy co-op apartments, which tend to be older and priced more favorably than condos, jumped 18% from a year earlier. Median asking prices for condos that went into contract in the quarter fell across all sizes and most neighborhoods, led by a 27% decline on the Upper West Side, Core said.

Sellers across the board are expected to keep whittling prices, possibly as much as 5% more, James of Douglas Elliman said. And while the reductions may draw more buyers to the market, the uncertainty of this year’s presidential election may put a damper on things, Warburg’s Peters said in his report.

“We live in interesting times,” Peters wrote. “But even in interesting times we have to live somewhere. Opportunities abound in New York for those wise or brave enough to seize them.”

Slowdown in Sukhumvit condo market as developers cut supply #ศาสตร์เกษตรดินปุ๋ย

Published December 27, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/property/30379869?utm_source=category&utm_medium=internal_referral

Slowdown in Sukhumvit condo market as developers cut supply

Dec 26. 2019
By THE NATION

The condominium market in the upper Sukhumvit area is experiencing a slowdown both in terms of supply and demand this year with developers launching less projects in line with market conditions, said Risinee Sarikaputra, Research Director at Knight Frank Thailand.

A research by the company found that the supply of condominiums in the Phra Khanong-Onnuch-Punnawithi-Udomsuk area amounted to a total of 47,927 units during the first 11 months this year. There were only 1,788 new condominium units launched for sale in the period.

There were a total supply of 19,312 units in the Lasalle-Bearing-Samrong area in the first 11 months with 639 new condominium units launched for sale.

However, the drop in supply has led to an increase in condominium sales in the upper Sukhumvit

In the Phra Khanong-Onnuch-Punnawithi area, there were a total of 43,214 condominium units sold out of 47,927, representing a sales rate of 90.2 per cent, an increase of more than 87 per cent year on year.

The condominium units sold in the Lasalle-Bearing-Samrong area was 15,179 out of 19,312 units, representing a sales rate of 78.6 per cent, an increase from 72.4 per cent last year.

Condominium buyers in upper Sukhumvit included both Thais and foreigners who purchased the properties as their own residences or to rent out as investments.

Some buyers also purchased condominiums in this area as assets, as the selling prices of such units are still affordable and there is the likelihood that prices will increase in the future.

In addition, the upper Sukhumvit area itself has the potential for growth due to the development of two billion-baht mega projects, “True Digital Park” and “Bangkok Mall”.

Both are mixed-use smart urban projects. “True Digital Park” is located on 40 rai of land with the first phase comprising two 40-storey buildings with condominiums, an office building at the top and retail spaces on ground floor. The project’s second phase will include a hotel.

The “Bangkok Mall” project, located on 100 rai of land, is being developed by The Mall Group. The construction area is expected to be around 800,000 square metres, consisting of a shopping centre, office buildings and hotels.

When both of these large projects open, they will definitely make an impact on the upper Sukhumvit area.

Condominiums prices have been rising continuously. The average selling price of Grade A condominiums in Phra Khanong-On Nut-Punnawithi-Udomsuk in November 2019 was Bt166,780 per square metre, compared to Bt122,493 per square metre in 2012. From 2012 to mid-2019, the area experienced a six-year Compound Annual Growth Rate (CAGR) of 5.9 per cent.

The average selling price of Grade B condominiums in the area in November 2019 was Bt100,500 per square metre, increasing from Bt83,600 per square metre in 2011. From 2011 to November 2019, the area experienced a seven-year Compound Annual Growth Rate of 2.7 per cent.

Grade C condominiums in the area in November 2019 had an average selling price of Bt68,125 per square metre, compared to an average price of Bt57,098 baht per square metre in 2011. From 2011 to November 2019, the area experienced a seven-year Compound Annual Growth Rate of 2.6 per cent.

Grade B condominiums in the La Salle-Bearing-Samrong area had an average selling price in November 2019 of Bt93,459 per square metre, an increase from 2012 which had an average selling price of Bt83,235 per square metre. From 2012 to November 2019, the area experienced a six-year Compound Annual Growth Rate of 2.05 per cent.

The average selling price of Grade C condominiums in November 2019 was 62,113 baht per square metre, rising from Bt45,571 per square metre in 2011. From 2011 to November 2019, the area experienced a seven-year Compound Annual Growth Rate of 5.2 per cent.

The selling price of condominiums in this area is likely to increase further. In comparison, the average selling price of high-rise condominium units in the Phra Khanong-On Nut-Punnawithi-Udomsuk area is Bt138,000 per square metre.

MQDC to build world’s first town purposefully designed for healthier, happier living at The Forestia #ศาสตร์เกษตรดินปุ๋ย

Published December 23, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/recommended/811?utm_source=category&utm_medium=internal_referral

MQDC to build world’s first town purposefully designed for healthier, happier living at The Forestia

Dec 23. 2019
75 Viewed

• Increases investment, expands project size to Bht 125,000 million

• Becomes Thailand’s largest ever private sector property development project

• First project in world to put a forest inside a development project

 

‘An Enchanted Community District in the Forest’

 

Magnolia Quality Development Corporation Limited (MQDC), one of Thailand’s leading property developers, recently, announced that it is boosting investment in its 300-rai The Forestias development on Banga-Trad Road km 7 in the Eastern Economic Corridor, and expanding the project size from Bht 90,000 million to Bht 125,000 million to make it a new, global prototype for a town development.  The increased investment makes The Forestias the largest property development project in Thailand.

The project land size is also increased by 98-rai to be 398-rai.

Mrs. Thippaporn Ahriyavraromp, Chairperson of MQDC, said, “We are building the world’s first town that is purposefully designed for healthier living.”

“It is being designed and built by some of the world’s most respected experts as well as leading global institutions to ensure that every aspect promotes a better quality of life.  The design has been commended by Professors at the Harvard T.H. Chan School of Public Health as a visionary initiative,” she said.

She said that MQDC increased its investment in The Forestias “after receiving very good feedback from global partners, which has encouraged us further along the road of creating a new type of development that is completely focused on the well-being of residents, the surrounding community, and to sustainability.”

Among the most extraordinary features of The Forestias is a massive, seedling- and sapling-planted 30-rai forest area at its centre, anchoring a diverse and rich ecological system that will develop and evolve naturally in the years ahead.

Mrs. Ahriyavraromp said, “It is also the first time, anywhere in the world, that a forest of this size is being integrated into a city development to bring nature back into an urban setting, and which is one of the reasons why we call the development an enchanted community district in the forest.”

The Forestias includes multiple residential components with villas and condominiums aimed at a diverse range of lifestyles and family sizes, as well as commercial space for offices, a sports complex, lifestyle activities, retail and food & beverage outlets, as well as family edutainment facilities in a Family Life Center.

There is a town centre for community activities and cultural pursuits, a theatre, an event hall, markets, and also a 1.6 kilometre elevated walkway that links many of the development’s components and provides a ‘nature-walk’ that weaves above the forest at the centre of the development.

Other pioneering components that are being integrated into the town for the first time in Thailand is a residential area that is specifically designed to make life safer and more convenient for the elderly, including specialised facilities for daily activities, a clubhouse, and trained care-givers.

There is also a 5-star hotel and a large medical centre with state-of-the art facilities and some of Thailand’s most eminent medical specialists.

Mr. Kittiphun Ouiyamaphun, Project Director-The Forestias, MQDC, said, “Everything at The Forestias is designed with a common purpose to promote the good health and happiness of residents to a level never before undertaken, including the layout of the public spaces, home layouts, choices of materials used inside and outside homes, the integration of 21st century life technologies, the management of natural light, noise, heat, airflows, as well as air quality and water quality.”

He said, “Research clearly shows that one of the most essential components promoting a healthier, happier life is the proximity of people to members of their family and loved ones.

“Among the most important innovations at The Forestias is the way we bring families closer together across multiple generations through carefully planned residential components located around The Forestias.  They are designed specifically for the needs of particular age groups, whether they are first jobbers, newlyweds, young families, or older parents, and allow them to live close to their children and grandchildren, or their parents, while still allowing each to maintain their independence and privacy.

“We also aim to help people get closer to the diverse wonders of nature as one of the most important sources of comfort and relaxation,” Mr. Ouiyamaphun added.

He said, “The unprecedented cultivation of an immense forest at a cost of more than a billion baht is the centre-piece of our development.  It is comprised of an area that is a genuine ‘deep forest’, as well as forest areas that are more easily accessed through walkways and with more open, green areas to allow people to immerse themselves in the enchantment of nature.”

He said that there is a strong focus on walkability in The Forestias, for both convenience and the pleasure of being close to nature, as well as for reasons of good health from regular exercise.  Footpaths and roadways are carefully planned, routed and protected with natural plant barriers and canopies.

The Forestias has specially built flood protection that includes very large drainage reservoirs which can contain more than ten million litres of water and are able to protect the development from even the heaviest downpours.

“We invested heavily in these reservoirs rather than just let rainwater run off our development and drain out elsewhere.  It exemplifies our approach of doing the best for The Forestias and, in parallel, also helping our neighbours in the community,”   Mr. Ouiyamaphun said.

Similarly, the forest is expected to act as a ‘green lung’, both, for The Forestias as well as for nearby communities, and also produce a general cooling effect on the entire area, in addition to helping restore nature for the benefit of all.

“While being kinder to our planet ourselves, we also help our residents contribute to sustainability.  For example, our state-of-the-art energy systems will help residents and visitors across the entire project reduce their carbon dioxide emissions by a staggering amount which is almost equivalent to what a 30,000-rai forest would absorb,” he said.

Mr. Visit Malaisirirat, Chief Executive Officer, MQDC, said, “This is very much in keeping with MQDC philosophy to be an organisation that not only creates great developments, but also to be one that encourages, through example, social responsibility and a concern for the wellbeing of all.”

According to Mr. Malaisirirat, MQDC aims to be “a model developer supporting our nation to build orderly, active, happier and healthier communities.”

“Thailand has the potential to be a global leader with innovative concepts in property development that enhance the quality of life of residents as well as of those in surrounding communities, while also promoting sustainovation.  The Forestias is a truly world-class development pioneering new concepts, and it is already bringing honour to our country on the global stage,” he said.

The Forestias is strategically located on the Eastern Economic Corridor which is predicted to be the fastest growing development corridor in Thailand, and has easy access to major highways and mass transportation systems.

The construction of road systems and the pilings for infrastructure at the project are already 90 percent completed.

Among some of the branded components of The Forestias are ‘Whizdom’ condominiums, ‘Mulberry Grove’ condominiums, ‘Mulberry Grove Villas’, ‘The Aspen Tree’ residences, ‘Six Senses Residences’, and a ‘Six Senses’ hotel.

Forest Harmony’s $18M luxury villas break ground in Kampot

Published December 6, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/property/30379111?utm_source=category&utm_medium=internal_referral

Forest Harmony’s $18M luxury villas break ground in Kampot

Dec 05. 2019
Local and French joint-venture Forest Harmony has broken ground on its $18 million ‘second-home’ Luxury Holiday Villas project in Kampot province, comprising 90 villa units on an 18ha parcel near Kampot town. Forest Harmony via facebook

Local and French joint-venture Forest Harmony has broken ground on its $18 million ‘second-home’ Luxury Holiday Villas project in Kampot province, comprising 90 villa units on an 18ha parcel near Kampot town. Forest Harmony via facebook
By May Kunmakara
The Phnom Penh Post

433 Viewed

Local and French joint-venture Forest Harmony has broken ground on its $18 million “second-home” Luxury Holiday Villas project in Kampot province.

Century 21 Mekong CEO and local shareholder of the project Chrek Soknim told The Post that the project will comprise 90 villa units covering 18ha on a 97ha parcel of land which is located near Kampot town.

He said Kampot province has a reputation as a natural tourism destination and second coastal tourism destination after Preah Sihanouk province.

The project targets both local and foreign tourists who wish to have their own property in the province to relaxing over a weekend or holiday, he said.

“We opened for sale on Saturday, which was the same day we started construction. As of now, more than 10 per cent [of the project] has been booked – this is a very positive sign.

“Cambodians have seen an increase in their incomes and are spending a lot more on holidays in many places around the country, so it is the right time for us to start our first second-home project in Kampot, which is very famous among local and foreign tourists,” Soknim said.

He said each villa will be laid over an area of 24m by 30m and designed in a European style. The project will also contain parks, restaurants, football and tennis courts and other entertainment facilities.

He said the project will be completed within two years and in line with the government’s plans to develop the province to be more attractive to tourists.

Kampot provincial Department of Tourism director Soy Sinol said the project follows the tourism development policy in promoting second homes for retired people and for locals seeking to go on holiday.

The project “will greatly contribute to the attraction of the tourism sector in my province”, he said.

Cambodia is an expatriate hotspot for those dreaming of living a more luxurious lifestyle at an affordable cost, International Living’s Annual Global Retirement Index 2019 report said in February.

For the fourth year in a row, Cambodia took the top spot in the Cost of Living category. The report detailed the best places for foreign retirees to live this year and scored the country full marks of 100 out of 100 for the cost of living.

Vietnam ranked second with 99 points, and Thailand third on 94 points. Peru and Bolivia were tied for fourth to complete the top five. The Annual Global Retirement Index ranks the 25 best retirement havens in the world.

Cambodia ranked 12th overall in the list of best retirement destinations, scoring overall points of 81.2. Thailand was placed ninth on 83.5, with Vietnam 19th on 79.4. Panama in Central America topped the list, scoring 100.

Strong interest by foreign investors in Phuket resorts: report

Published December 4, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/property/30379018?utm_source=category&utm_medium=internal_referral

Strong interest by foreign investors in Phuket resorts: report

Dec 03. 2019
By THE NATION

905 Viewed

Buoyed by the rise of experience-driven travel and an affinity for locally inspired hotel offerings, resort assets remain a top target among investors, according to JLL Hotels & Hospitality’s Global Resort Report: Three-Part Series, which noted that resort sales account for 20 per cent of all hotel sales in the Americas, while Europe, the Middle East and Africa (EMEA), while Asia-Pacific resort sales total 7 per cent of all hotel sales.

Across all regions, private equity funds emerged as the dominant buyer, accounting for 20-50 per cent of annual resort transaction volume in each market.

In the Asia Pacific series of JLL’s Global Resort Report, Phuket was one of the three hotel investment markets in the region to be highlighted.

The island saw a total of Bt4.85 billion of resorts sold between 2014 and the first half of 2019, with half of these resorts achieving a transacted price at above Bt950 million.

According to JLL’s report, investment activity over the period was dominated by foreign investors whose acquisitions accounted for 79 per cent of the total investment volume, with the largest inbound capital coming from Singapore (58 per cent).

Findings from JLL also show that developers were the most acquisitive group, accounting for more than 65 per cent of total transaction volume on the island, followed by hotel operators at 20 per cent.

Strong growth in tourism has contributed greatly to Phuket’s appeal as a hospitality investment destination.

Total overnight visitors to the island have grown steadily over the past decade (2008 to 2018), with international and domestic visitation registering a Compound Annual Growth Rate of 10.9 per cent and 9.9 per cent, respectively. International overnight visitors accounted for 72.7 per cent of total arrivals.

“In 2019, the number of international visitors to Phuket is likely to taper off slightly due primarily to surging Thai Baht and unfavourable global economic conditions. However, investors have continued to show keen interest in acquiring quality resort assets in Phuket as they remain confident in the long term outlook for the tourism market of one of the world’s most popular holiday destinations,” noted Pitinut Pupatwibul, senior vice president – Strategic Advisory for JLL’s Hotels and Hospitality Group

“In addition, increased air connectivity, lower barriers of entry through visa fee waivers and limited future supply are expected to bode well for Phuket’s resort segment in the medium to long term,” she adds.

JLL’s Global Resort Report covers resort assets that are managed to meet industry standards by international or local resort/hotel operators, and excludes condotels.

According to JLL’s Hotels and Hospitality Group, the total stock of resorts in Phuket stood at 14,300 rooms at the end of June 2019. An estimated 540 resort rooms are planned for completion between the second half of 2019 and the end of 2021, accounting for less than 4 per cent of the existing stock.

Global perspectives

“Over the past five years, resorts have been star performers,” says Lauro Ferroni, Global Head of JLL Hotels & Hospitality Research. “Given many consumers’ propensity for experiences over material goods, we anticipate continued investment activity in this sector globally.”

According to JLL’s Global Resort Report, international tourist arrivals are anticipated to reach 2.2. billion in 2019, with a continued growth trajectory throughout the next decade, which will benefit resorts globally.

Luxury condo, villa development launched in Khao Yai

Published December 1, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/property/30378927?utm_source=category&utm_medium=internal_referral

Luxury condo, villa development launched in Khao Yai

Nov 30. 2019
By The Nation

923 Viewed

Property developer Blue Hills Khaoyai invites the well-heeled to give themselves a special New Year’s gift by buying into Akas Villa Khaoyai, a villa condominium project of three one-storey and two-storey towers designed in a modern loft style. Located just under three hours from Bangkok and well away from the polluted city, the project consists of 23 units on Phan Suk-Kud Khla Roads. All units are fully furnished, start in size from 130 sqm and are priced from Bt13.2 million,

Supinda Tanpetcharat, executive director of Blue Hills Khaoyai, says the project is meticulously designed and features 12 units with 2 bedrooms and 2 bathrooms with a floor area of 130-145sqm and 11 larger units with 3 bedrooms and 3 bathrooms of 145-195 sqm. Facilities include lobby lounge, gym room, 25-metre swimming pool, kids pool, and relaxing area, multi-purpose space, trail treadmill and outdoor amphitheatre. The complex is within easy reach of schools, is hospital, shopping complex, tourist attractions and restaurants.

The company’s first project, Akas Khaoyai, a low-rise condominium with two seven-storey towers and 83 units was well received by consumers, she added.

Akas Villa Khaoyai officially launches today (November 30) at Akas Villa Khaoyai sales gallery in Pak Chong. For additional information, visit www.akaskhaoyai.com or call (091) 742-3636.

Proud licensed to build luxury residence on Hua Hin beach

Published November 29, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/property/30378860?utm_source=category&utm_medium=internal_referral

Proud licensed to build luxury residence on Hua Hin beach

Nov 28. 2019
Serena Lim, left, Vice President Development, InterContinental Hotels Group (IHG), South East Asia and Korea, and Proudputh Liptapanlop, Executive Director of Proud Real Estate.

Serena Lim, left, Vice President Development, InterContinental Hotels Group (IHG), South East Asia and Korea, and Proudputh Liptapanlop, Executive Director of Proud Real Estate.
By THE NATION

1,089 Viewed

Intercontinental Hotel Group (IHG) has licensed Proud Real Estate to develop the InterContinental Residences Hua Hin, billed as the first luxury-brand residence licensed by the group in Thailand.

The beachfront site is on Petchkasem Road at Hua Hin Soi 71, opposite Market Village, and was purchased for a record-high price of Bt150 million per rai.

CBRE Thailand has been appointed sole agent for the project.

Proud executive director Proudputh Liptapanlop said it represented a key milestone in the company’s long partnership with IHG. InterContinental Hotels and Resorts is associated with residences around the world, she said, “but only in selected leading cities like Boston and Dubai”.

Residents will have access to benefits and promotions from IHG subsidiaries and affiliates across the world through the IHG Rewards Platinum Elite Membership and through Proud Privileges, including entry to the 111 Social Club, a refurbished beachfront colonial mansion next door.

“We believe the 111 Social Club will become the hot new check-in spot for tourists,” Proudputh said.

Managing director Paisit Kaenchan said the InterContinental Residences Hua Hin would have the accent on “A Residence of Legacy”.

“The new property encompasses the best elements of a super-luxury residence that takes its residents far beyond being simply a place to live and accommodates a closely connected family where different generations live together in harmony,” he said.

Valued at more than Bt3.5 billion, the InterContinental Residences Hua Hin will be 70 per cent open space, including 7,000 square metres of lush garden, a beautiful private beach and seven swimming pools, a seaside acrylic-edge jacuzzi, a “hidden” gym beneath a pool, and a spa.

It will have 238 residential units, between three and 13 units per floor.

CBRE managing director Aliwassa Pathnadabutr said the 2019 outlook for the real estate market in Hua Hin was “positive with an optimised demand-supply balance and cumulative demand for beachfront condominiums”.

“No new residential development has been introduced on Hua Hin beach in more than 11 years, since most of beachfront land is targeted for luxury hotels and resorts and the rest is private residences.”

There are only 356 new beachfront condominium units on offer, of which 85 per cent are sold, Aliwassa said.

But public utilities and infrastructure are fast developing in Hua Hin, spearheaded by the “Thailand Riviera” tourism promotion and transportation network, which includes motorways, dual rail and high-speed trains.

MQDC to integrate Well Building Institute Standards in future properties

Published November 28, 2019 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/property/30378810?utm_source=category&utm_medium=internal_referral

MQDC to integrate Well Building Institute Standards in future properties

Nov 27. 2019
Representatives of MQDC and IWBI sign a letter of intention (LOI) to collaborate on achieving WELL certification in MQDC projects. The LOI was signed by Tony Armstrong, Senior Vice President of IWBI Asia, front left, with Keerin Chutumstid, President for Property and Service of MQDC, front right.

Representatives of MQDC and IWBI sign a letter of intention (LOI) to collaborate on achieving WELL certification in MQDC projects. The LOI was signed by Tony Armstrong, Senior Vice President of IWBI Asia, front left, with Keerin Chutumstid, President for Property and Service of MQDC, front right.
By THE NATION

394 Viewed

Property developer Magnolia Quality Development Corporation (MQDC) and the International Well Building Institute (IWBI) today (November 27) signed a letter of intention (LOI) under which the Bangkok-based property developer will aim to achieve Well Building Standard certification in future projects.

Based on its founding commitment “For All Well-being”, MQDC is eager to apply IWBI’s global expertise to ensure the health and well-being of its residents, said Keerin Chutumstid, president of Property & Service at MQDC.

“Since its founding, MQDC has worked to achieve the well-being of not only our residents, but also surrounding communities and all living beings,” he said. “We are therefore delighted to be working with IWBI, the first global rating system to focus exclusively on how buildings, and everything in them, can improve our comfort, drive better choices, and generally enhance, not compromise, our health and wellness.”

MQDC’s international portfolio of over 20 projects includes the award-winning True Digital Park “smart city” as well as national symbols such as the joint-venture Iconsiam megaproject on the bank of the Chao Phraya River.

MQDC supports the Research & Innovation for Sustainability Center (RISC), which works to raise sustainability and well-being across the property sector. RISC’s office in central Bangkok is the first in Thailand to be built to the Well Building Standard.

The standard was launched in 2014 after six years of research and development as the premier standard for buildings, interior spaces, and communities seeking to implement, validate, and measure features that support and advance human health and wellness.

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