October launch planned for Bangkok’s St Regis Residences

August 25, 2010 - Bangkok

The Residences at The St. Regis Bangkok remains on course for an October launch, and has been buoyed by the listing of the city as "World's Best" by a leading magazine.

Travel + Leisure, a publication that caters to the luxury travel market, recently named the Thai capital as number one, something that came as no surprise to many who know the city inside out.

"The ranking affirms what we have known about Bangkok all along," said William E. Heinecke, Chairman and Chief Executive Officer of developers Minor International PLC.

St. Regis Hotel and Residences, Bangkok

August 19, 2010 - Bangkok

Located on Rajadamri road, steps away from the BTS skytrain station and the greenery of Lumpini park, the new St. Regis Hotel and Residences Bangkok aims to fuse Thai warmth with the hallmark luxuries of the New York hotelier brand.

Designed by New York based Brennan Beer Gorman Architects (BBG), the residences feature clean palettes, finely-finished spaces and sweeping city views.

THE SATHU RESIDENCES – RAMA III, Bangkok

July 28, 2010 - Bangkok

The Sathu Residences are a limited set of 22 large contemporary freehold units each designed with a lavish use of space and bespoke finishes in an exclusive development surrounded by private landscaped gardens.

The property is located in the Rama III - Sathupradit area which provides easy access to Bangkok's business and shopping districts and its two expressways.

Rama III, exciting and emergent, has been touted as the new residential and commercial hub of Bangkok.

Soaring local demand for Bangkok condominiums

March 19, 2010 - Bangkok

Domestic buyers are responsible for more than 90 per cent of all condominium sales in central Bangkok, according to research published today.

Listed property developer Raimon Land, in its Condominium Focus Bangkok Update, reveals the remarkable recovery of the Bangkok condominium market despite the ongoing domestic political tensions.

The fourth quarter of 2009 saw the Thai economy post 5.8 per cent GDP growth, due primarily to exports to Asian markets bouncing back, leading to developers releasing more projects and local buyers queuing up to purchase them as confidence has streamed back into the industry.

Condo rental rates in Bangkok expected to face continued pressure.

January 18, 2010 - Bangkok

Rental rates in Bangkok´s condominium market are expected to face continued pressure during 2010 as more new units come onto the market.

Research from DTZ showed that during the final quarter of 2009, six projects with 1,408 units were launched within the Central Business District of the Thai capital.

The total number of launches in 2009 stood at 5,726 – a 196 per cent increase on the 1,938 units the debuted during 2008. Most new launches during the quarter were in the mid-tier range.

Developer is confident Thai property sector will fully recover by end of 2010.

December 11, 2009 - Bangkok

Industrial Buildings Corporation Ltd is optimistic the Thai property sector will experience a full recovery by the end of 2010.

Market sentiment has improved since early this year when the Israeli company and its Thai partner, Pace Development, formed a joint venture to construct the Bt14 billion MahaNakorn project.

OMA-Designed MahaNakhon Tower Announced

July 23, 2009 - Bangkok

The Office for Metropolitan Architecture (OMA) released renderings today of their forthcoming MahaNakhon tower and plaza in Bangkok, Thailand, with design led by OMA partner Ole Scheeren, head of the firm’s Beijing office.

The 1.6 million-square-foot, $515 million complex plans to include 200 apartments, a 150-room “Bangkok Edition” hotel operated by Marriott Group International with hotelier Ian Schrager, and mixed-use public and commercial space.

Construction begins later this year with an intended completion in late 2012.