Asia’s Best Beaches – Kamala Beach

This story on Kamala Beach is part of our Asia’s Best Beaches’ series that appears in the latest issue of Dot Property Magazine.
Click here to read it
!

There is no shortage of awesome beaches in Phuket, but one continues to fly under the radar. Patong, Kata and Bang Tao receive a lot of attention, but Kamala Beach is truly a special area. It is less crowded than many other parts of Phuket while no less beautiful.

See more:

Asia’s Best Beaches – Central Vietnam

Situated on the island’s western coast, Kamala Beach is a fantastic place if you enjoy a good sunset. There are countless seafood restaurants near the beach where you can indulge in a delicious meal of freshly caught fish while watching the sun slowly set in the background.

The beach itself offers everything you could possibly want. The golden sands and tropical waters are clear and relatively clean. The entire beach area is quite walkable as well. It is possible to head from the north end of Kamala Beach to the southernmost point in roughly 30 minutes on foot.

Kamala Beach is undergoing a bit of a transformation thanks to the MontAzure mixed-use development. This project will have an InterContinental hotel, the Twinpalms Residences, a luxury villa complex, a senior living facility and the Café Del Mar Beach Club.

See more:

Outstanding Kamala Beach real estate investment opportunity

The location of Kamala Beach is fairly central. Patong is a 10-minute drive away where you will find plenty of nightlife and shopping options. The popular Phuket FantaSea is located in Kamala and a few residential developments and resorts have either opened recently and are currently under construction.

What to know about Kamala Beach

Like most of Phuket, Kamala Beach is quite busy during the holiday season when the weather is nice. December and January is when most tourists head here. March, April and May offer nice weather with smaller crowds although there are a number of Thai holidays during this period. During these times, the beach may be busy.

Rainy season in Phuket starts in June and can linger into October. By November, the weather is pretty nice, but you may have to deal with the stray shower here and there.

Kamala Beach is only a 40-minute drive from Phuket International Airport. This is a nice alternative to the 70-90 minutes it can take to reach Kata or Karon Beaches further south on the island.

A revamped international terminal opened in 2016 and now welcomes guests from China, Europe and Middle East along with regional flights from Singapore, Hong Kong and Kuala Lumpur. The domestic terminal is currently undergoing renovations to help it better meet the growing demand.

Phuket International Airport is handling more passengers than it was designed for. The Thai government continues to look at alternatives and building a second airport nearby has been one solution floated to relieve this congestion.


Asia’s Best Beaches – Siargao

This story on Siargao is part of our Asia’s Best Beaches’ series that appears in the latest issue of Dot Property Magazine.
Click here to read it
!

Surfers need no introduction to Siargao. The island is known as the ‘Surfing Capital of the Philippines’ and the famed Cloud 9 waves wash up on the beaches here. Of course, there is more to Siargao than catching waves. Both international and local celebrities have frequented the island in recent times, but tourism still lags behind some of the country’s more popular destinations.

See more:

Asia’s Best Beaches – Central Vietnam

However, with Boracay closed and facing an uncertain future, some are predicting Siargao could see an influx of visitors. Located in the Caraga Region of Mindanao, it is easy to see why people want to visit the island. The beaches are stunning. Even if you don’t surf, you can’t help but be impressed by the hypnotising waters of this tropical paradise.

Even with an uptick in visitors, a lot of the beaches around Siargao remain fairly quiet and free of crowds. Most of the sandy shores are also hawker free, something of a rarity these days.

The island doesn’t have much in the way of facilities beyond the basics. You’ll find quaint seafood shacks serving freshly caught fish and plenty of convenience stores, but don’t expect much in the way of international chains or large hypermarkets.

The same goes for accommodations. While Siargao is starting to be built up, it still lags behind Southeast Asia’s more popular beach locations in terms of both rooms and five-star resorts.

See more:
Asia’s Best Beaches – Kamala Beach

Speaking of building, the local government has put a masterplan in place to ensure tourism and development on the island is done sustainably. This is extremely important in the aftermath of the Boracay shutdown decision. Siargao is keeping a close eye on sewage and waste management, urban planning and tourism regulation in order to keep the island open.

What to know about Siargao

Sayak Airport is the aviation hub for Siargao, but it is currently only served by domestic carriers. There are direct flights from Manila, Cebu and Clark but service isn’t as frequent as you might expect. The closest major cities to Siargao are Cebu and Davao City.

If you are simply going to Siargao for the beaches, the best time to visit is between March and October when the weather is calm. Surfers usually head to the beaches here from August to November when the waves are primed for riding. This is also a good time for other watersports.

December and January are by far and away the wettest and windiest months in Siargao. It is probably best to avoid the island during these times if you’re going to checkout the beaches.


Asia’s Best Beaches – Sihanoukville

This story on
Sihanoukvilleis part
 of our Asia’s Best Beaches’ series that appears in the latest issue of Dot Property Magazine.
Click here to
read it
!

Long hailed as a backpackers haven, Sihanoukville has transformed into an entertainment mecca that could soon rival Macau. Shiny new resorts now line the city’s seaside, which is more than a four-hour drive from Phnom Penh. A majority of this construction has taken place during the last five years and caters mostly to Chinese tourists.

See More:
Asia’s Best Beaches – South Lombok

Despite this new element, the charm of Sihanoukville’s beaches retains a charm that harkens back to its sleepy past. Ochheuteal Beach is the busiest stretch of shore in the city, but don’t let this fool you into thinking it is some crowded tourist trap. Spanning nearly three kilometres, it is possible to find quiet spots admist the bars, hotels and other places of interest.

Otres Beach is located south of Ochheuteal Beach and tends to be less noisy and populated than its neighbour. There is some development going on along the two major beaches in this area, but nothing overly distracting.

See More:
Asia’s Best Beaches – Siargao

Sihanoukville is also the gateway to Koh Rong and Koh Rong Samloem, two islands filled with countless beaches. Many tourists opt to skip the city altogether and head to the islands, but you can also hop on a ferry and visit for a couple of hours. Both islands have been built up in recent years and now have a fair amount of facilities.

What to know about Sihanoukville

Sihanoukville is far easier to get to these days than it was a decade ago. Sihanoukville Airport already has direct connections to Vietnam, Malaysia, Hong Kong and China. Cambodia Angkor Air offers the option of a transfer in either Phnom Penh or Siem Reap from several regional hubs.

It is also possible to get from Phonm Penh to Sihanoukville but the roads aren’t the best and the journey takes more than four hours to complete. If you aren’t in a rush, the Phnom Penh to Sihanoukville railway line restarted service in 2016. The journey takes seven hours to complete and the carriages aren’t quite up to the standard of their European counterparts. However, it is still a viable option for those who enjoy a rail journey.

Development in Sihanoukville has been rapid with property prices and rental rates skyrocketing in the past year. There are opportunities here should you be considering real estate investment, but this is firmly a frontier market carrying a fair amount of risks. If that isn’t your thing, it may be better to visit the beaches rather here than scooping up a property.

See more:

Asia’s Best Beaches – Central Vietnam


Asia’s Best Beaches – South Lombok

This story on South Lombok is part of our Asia’s Best Beaches’ series that appears in the latest issue of Dot Property Magazine.
Click here to read it
!

While Bali gets all the attention, Lombok, its neighbour to the east, features beaches that are even more stunning. The entire island is quite nice, but the southern coast offers a peaceful vibe that is matched by only a handful of other destinations across the globe.

See more:

Asia’s Best Beaches – Central Vietnam

That’s because there is seemingly an endless supply of white sand beaches all featuring sparkling, bluish green waters. And unlike the bustling Bali, beaches here are not very crowded. It is important to note the facilities are not as comprehensive which can be a good or bad thing depending on your viewpoint.

The most popular area in South Lombok is Kuta Beach, also known as Kute on some maps and websites. Although it shares the same name as one of Bali’s busiest areas, the ambiance here is entirely different. A growing number of hotels and resorts are springing up, however, this number pales in comparison to what is found in the region’s more popular beach escapes.

The sleepy town of Kuta serves the beach area and you will find eateries and shops all around. Kuta boasts a quaint, homey feel that really should be experienced in person. Behind the town are lush hills that provide amazing overlooks of the beach and surrounding area. A few villa projects are located here while a couple of others are being built.

See More:
Asia’s Best Beaches – Siargao

Tanjung Aa’n Beach is roughly a 20-minute drive east of Kuta Beach and has become a popular spot with surfers and water sports enthusiasts. Believe it or not, the beach itself is less crowded than Kuta. Many people who come during the week report to having large tracts of sand all to themselves.

In between these two beaches is Mandalika Beach. The area is set to undergo a massive transformation and will eventually be home to resorts, residences, golf courses and a host of other amenities. This should add some much needed infrastructure to the south of Lombok.

What to know about South Lombok

The island is served by Lombok International Airport. There are now direct connections to Singapore and Kuala Lumpur from Lombok, but most travellers will need to transit through Jakarta. The airport is less than a 30-minute drive from the island’s southern beaches.

It is possible to get to Lombok from Bali by ferry. Regular ferries and speedboats are available, but the time and price of this method can vary. Alternatively, you can catch a flight between the two islands. This journey takes roughly 50 minutes and numerous carriers serve the route.


Where is Asia’s best kept beach secret?

Ngwe Saung Beach is undoubtedly a hidden gem. In fact, it’s Asia’s best kept beach secret. More than 15 kilometres of pristine beaches can be enjoyed with most being sparsely populated when compared to the region’s other popular seaside getaway locations. If you’re looking for seclusion and peace, Ngwe Saung Beach offers both in spades.

It is a four-hour drive away from Yangon and the lack of an airport is the primary reason tourists opt for other beaches in Southeast Asia. However, those feeling adventurous should definitely check out Ngwe Saung Beach. It is only a matter of time before more people find out about Asia’s best kept beach secret. Here are just a few of things you can enjoy during your visit.

Catch the sunset over the Bay of Bengal

Whether you are lounging at your hotel or enjoying a fresh seafood dinner at one of Ngwe Saung Beach’s many eateries, there is nothing quite like watching the sun go down over the Bay of Bengal. Picturesque doesn’t even begin to describe how beautiful it truly is.

A starry night

After the sun goes down, the moon and stars light up the sky. Viewing them here is quite nice as the sound of waves crashing onto Ngwe Saung Beach can be heard in the background.

Hire a motorbike and explore

There is a lot to see all along Ngwe Saung Beach. The best way to peep it all is by hiring a motorbike. You can explore up and down the coast finding secluded spots, delightful cafes and other sights. Be sure to be careful and follow all road safety regulations.

Go snorkelling

There is some colourful coral and exotic fishes to be seen should snorkelling be your thing. Most of the snorkelling is situated around a few islands across from Ngwe Saung Beach, most of which are accessible on foot during low tide. Be sure to ask your hotel for additional information.

Important information

Low season runs from May to October in Asia’s best kept beach secret and some resorts shut their doors during this time. Infrastructure is still being built up around Ngwe Saung Beach which means roads can be a bit rough. In terms of entertainment, the region is developing. The number of bars and clubs is limited and you won’t find any restaurant chains either.


At home in the fast lane

The Blue House, 38 Shepherd Street, the first London home of legendary racing driver Sir Stirling Moss OBE, recently launched onto the lettings market with a price of £4,000 per week.

Extensively refurbished, the 2,837 sq ft, five-storey townhouse provides three-bedrooms, two reception rooms, three-bathrooms, a dining room, cinema room, guest cloakroom, double length garage, two private terraces and a walled garden.

Sir Stirling, a British legend, purchased the home in 1954 in the midst of his esteemed racing career for a mere £12,000. Falling in love with the area, he still lives on Shepherd Street, purchasing a derelict piece of land in 1961, on which he built his current six-storey high-tech home.

Noticeable from the street, 38 Shepherd Street has a pastel blue façade and large polished steel security gate. The interior is just as striking, a sleek spiral staircase rising from the ground to the top floor, is one of the standout features of this stylish, modern home.

Susan Cohen, Head of Lettings at Pastor Real Estate, said: “Currently on the market for £4,000 per week and recently refurbished to an exceptional standard, this is Mayfair¹s ultimate rental home.

“This house has everything the modern tenant requires; three-double bedrooms, a private cinema room, double reception room, two private terraces, three areas of outside space, as well as garaged parking. It¹s perfect for a professional or a young couple.”

The Blue House, 38 Shepherd Street, is equipped with the latest touchpad-controlled home technology, including a Crestron media system, Lutron mood lighting and air conditioning to the principal rooms.

www.pastor-realestate.com


Attention turns to property in Ho Chi Minh City suburbs

Property in the Ho Chi Minh City suburbs is growing in popularity

Demand for real estate in the Ho Chi Minh City suburbs is growing as property in the city center becomes scarce and infrastructure to nearby areas improves. Developers have already taken notice and are now launching projects and buying land in connecting provinces. However, experts have warned property investment here must be taken with a view of the long term in mind

Pham Lam, DKRA Vietnam General Director, told the Vietnam Investment Review
 that Binh Duong, Dong Nai, and Long An provinces have garnered the most attention from developers and property investors. All three are in the Ho Chi Minh City suburbs and are buoyed by a number of factors.

“Suburban provinces have a larger land fund with lower expenses for clearance and compensation, while the improvement of infrastructure is encouraging investors to come here,” Lam told the website.

The government has been extremely active in improving connectivity between the Ho Chi Minh City suburbs and the city center. Some projects, like the Ho Chi Minh City-Trung Luong Expressway and N2 Highway, have already been completed while work on others, such as the ambitious
Ho Chi Minh City metro line
, is ongoing.

Developers target the Ho Chi Minh City suburbs

Many homebuilders have already acquired land and launched developments in the Ho Chi Minh City suburbs. For example, Novaland and Dat Xanh Group have already opened sales for projects in Dong Nai.

In Long An, Vingroup, Him Lam Land and Nam Long Group have submitted proposals for large-scale developments. The move comes as many developers have recognized that
more buyers want house and villas in projects that offer large green spaces
.

The key for both developers and property investors is to look at the long-term picture instead of chase immediate returns. That is because the full impact of infrastructure projects on property prices won’t be seen for years.


As the Australian property market recovers, Crown Group believes sustainability of wellbeing sets it apart

Australia’s response to the COVID-19 pandemic has been lauded across the world and shows it is truly a global leader. The country is officially out of recession, recording GDP growth of 3.3 percent in the fourth quarter. And while the Australian property market is experiencing its own recovery, leading developers, such as Crown Group, have switched their focus from sales to wellbeing.

The “New Normal” required an examination of how we live. Iwan Sunito, Chairman & Group CEO, Crown Group, noted that the pandemic forced people to spend far more time in their homes, which has created a more urgent need to design them to better encourage a sense of calm, relaxation and productivity.

“People who live in well-designed homes that offer plenty of living and working space, access to gardens and fresh air, as well as facilities such as play areas, fitness facilities and music rooms, have had an easier time adjusting to this new lifestyle,” Iwan says. “The pandemic must force a rethink of house and apartment design so that all residents are able to feel secure, relaxed and socially connected when they are at home. This ultimately will lead to better physical and mental health around the world. It’s not just about sustainable buildings but a sustainable lifestyle.”

Sustainability of wellbeing isn’t simply a buzzword or marketing concept for Crown Group. It is part of the developer’s DNA. Well before any of us had ever heard of the “New Normal”, Crown Group was crafting residential projects in Australia that provided residents with a sanctuary where their wellbeing was paramount.

“Crown Group had always designed its apartments with its signature resort-style facilities, to provide a relaxing and healthy environment for its residents. We are pleased with how well this approach suits the needs of the post-pandemic world,” Iwan explains. “Even long after this pandemic is over, people will be working more from home, so these are needs that will endure. People will need more common areas for co-working and socializing in a safe space. And they will need nature around them. Residential developers will in turn need to accommodate the changing preferences of consumers.”

Waterfall by Crown Group has the largest waterfall built in Australia

Nowhere is this more evident than at Waterfall by Crown Group in Sydney. Every detail of the project has been curated to ensure an optimal living experience. An example of this is the development’s waterfall. Not only is it the tallest such feature constructed in Australia, but it creates soothing water sounds. It’s all part of the developer’s commitment to sustainability of wellbeing.

“Waterfall by Crown Group has become an ideal model for biophilic design, with corridors that are open to the elements to let fresh air in as well as balconies at each apartment. There is ample outdoor space for residents to relax including 2600 square meters of tropical gardens with 5000 plants in the vertical green walls alone,” Iwan details.

One of the homebuilder’s upcoming launches in 2021 will be equally as impressive. Artis is Crown Group’s first project in Melbourne and is part of an ambitious a AUD3 billion development pipeline. Located in Melbourne’s prestigious Southbank, Artis boasts design by internationally renowned Koichi Takada Architects and uninterrupted city views.

“The landmark building will change the face of Southbank with its beautiful white ribbon-effect façade that reflects the movement of art in motion. Artis will host luxurious one-, two- and three-bedroom apartments and penthouses,” Iwan points out. “Residents will have access to Crown Group’s signature resort-style facilities, which include a beautiful rooftop lounge with garden and children’s play area, level one gym and spectacular indoor pool and jacuzzi. A community arts space and café will provide a space for local artists to exhibit.”

More Overseas Property:

Is now a good time to invest in Myanmar real estate?

Australian property market recovers but needs to do more for overseas buyers

While the Australian property recovers, more can be done to support overseas buyers

The doom and gloom predictions for the Australian property market in 2020 have given way to more optimistic outlooks. Iwan cites Melbourne property prices increasing by 0.3 percent in December and Sydney median property values rising 2.2 percent in 2020 as reasons to be confident. Of course, more work is needed for the real estate market to return to normal.

“We really want borders to open so that international students and their parents can return to Australia. With the advent of the vaccine, this may be sooner than we think,” Iwan says.

This happening would benefit the Australian property market by making it easier for overseas investors. The country has always appealed to buyers in Asia for numerous reasons, but untapped potential remains. Iwan believes demand from international real estate buyers could grow in the future with a little help from the government.

“For overseas investment, Asia drives the greatest demand. We are appealing to the government to lower the stamp duty for foreign buyers to make Australia a more attractive destination,” Iwan notes. “Australia has always had the advantage for Asian buyers of proximity and time zone convenience, making it far more attractive for sending children to university or for retirement, as you can easily communicate and visit people back at home.”

Through sustainability of wellbeing, Crown Group projects will appeal to both international and local clients. This demand is one reason why the developer has carried on with its plans as opposed to taking a more cautious approach.

“The traditional narrative has questioned whether it is wise to launch a new residential project in the midst of a pandemic, but we see it differently. We are excited to grow our footprint now, as there will be pent up demand for well-designed projects. While there is such focus on renewed wellness, projects designed with these fundamental pillars will continue to draw interest,” Iwan concludes.


Australian residential property trends: 3 things investors must know

Residential projects with a unique theme, such as Mastery by Crown Group, are becoming popular in Australia

A number of new Australian residential property trends are taking hold. For international real estate investors, knowing these can ensure you acquire the right residential property Down Under. The biggest change has been the shift in demand from suburban houses to apartments located near city centers.

But this is only one of several Australian residential property trends to take note of. Australian homebuilder Crown Group has found three more trends investors should know about.

3 Australian residential property trends

Living close to transportation

More Australians are ditching their cars and taking public transportation. The government is supporting these efforts by investing heavily in infrastructure and this is helping fuel Australian residential property trends.

“The eastern seaboard (of Australia) is undergoing something of a transport bonanza, with billions of dollars’ worth of new rail lines, metro and light rail lines, bridges and roads under construction in Sydney, Brisbane and Melbourne,” Iwan Sunito, Crown Group Chairman and Group CEO, explained. “Buying property around upcoming transport hubs such as a new train station offers opportunities for potential capital growth in years to come, but also ideal locations for residents to enjoy easy access to their workplaces and to get around town.”

Iwan added that Crown Group is choosing project locations based on accessibility. An example of this is the developer’s Waterfall and Mastery apartment projects that are close to the new Sydney Metro stop set to open in 2024. It is part of the biggest urban rail project in Australia’s history and is a location ideal for property investment.

Mixed-use moves in

Arc By Crown Group

Mixed-use projects with residential, hospitality, retail and dining spaces are common in Asia, but are still new to the Australian market. However, mixed-use developments are becoming more popular as a number of lifestyle precincts pop up in major cities.

“Now, there is a growing emergence of and mixed-use developments, where residents have everything they need on their doorstep,” Iwan stated. “In the heart of Sydney, we recently unveiled Arc by Crown Group, where we developed a precinct that melds sophisticated apartment living with a New York inner city lifestyle. Below the luxury apartments is a boutique serviced apartment hotel, SKYE Suites, alongside a retail precinct in a restored historic lane, called Our Skittle Place, which offers cafes and restaurants in a brick-paved walkway that links Kent and Clarence streets.”

A unique theme

It’s also common to see themed developments in major Asian cities. But these have not taken hold in places such as Australia and Western Europe where developers tend to want a project that appeals to a wide range of potential residents. Things are changing with Crown Group being one of the first developers to introduce themed communities in the country.

“The concept of a themed residential community is really taking hold in Australia, with our Japanese- themed development a star example. Mastery by Crown Group, where world-renowned Japanese architect Kengo Kuma has designed one of the five buildings, has a stacked forest design with greenery on its façade,” Iwan said. “It will have Sydney’s first Japanese eat street, offering authentic dining experiences drawn from the sprawling streets of Tokyo’s Shibuya and Shinjuku special wards, plus bustling Izakaya, sushi trains and ramen restaurants, to tea houses serving Cha-kaiseki.”

Use trends to guide Australian property investment decisions

These Australian residential property trends offer important insight on how you can be ahead of the curve. Many residential properties do have potential for capital growth based solely on market conditions. Purchasing an apartment that is in-demand can ensure stronger rental returns to go along with any capital appreciation.


Avoid overpriced homes by considering these 4 things

Why pay more for anything in life? It doesn’t really make any sense. From shoes to cars and, yes, even property, it is important to do your homework. This is the only way to avoid overpriced homes. Of course, it is your prerogative if you want to handover more cash than might actually be necessary.

There are many great properties available for competitive prices, but some homes don’t offer true value for money. Sure, they look the part, but there may be other similar properties available for less. If you want to avoid overpriced homes, consider these four things.

What’s the asking price of other units in the development?

The great thing about using property portals, such as Dot Property, is that you can see what the asking price is for all units for sale in any given development. The easiest way to avoid overpriced homes is to look at the prices of similar units in the building. If they are roughly the same, you’re probably getting a good deal. If the price seems to be high, you have a list of cheaper homes in the same development at your fingertips.

Furnished vs. Unfurnished

Some properties that seem overpriced actually have extra value built-in. The biggest value-added element to any home is furniture. If a home is fully furnished, the asking price will reflect this. And while on the surface the unit might seem overpriced, in reality it is not. However, this value won’t match the cost if you want to redecorate or already have furniture.

Neighbourhood

As you probably already know, location is everything when it comes to property prices. If you are buying a home based on location, then you should investigate what the asking price is for other properties in the surrounding area. New build projects always look nicer, but in some areas the price for a unit in these can surpass ones in already completed developments. Explore the entire neighbourhood and see if the home you are considering really offers value for money.

See more:
Manila, Bangkok and Jakarta among 2018 property hotspots

The eye test

At the end of the day, you should visit the unit and see if it is worth the price. This may not be the most scientific method available, but you are the one spending money on it. There is only thing that really matters; does the home seem overpriced to you?

Avoid overpriced homes at Dot Property

Be sure to utilise Dot Property to find your next home. If you want to avoid overpriced homes, take these tips and put them to good use.

Click here to find your new home!


How to avoid the risks involved with buying off-plan condominiums

There are many investment options in Malaysia these days. Real estate remains a popular choice but many wonder if buying an off-plan condominium unit is a smart investment. After all, you won’t be able to see the finished product for years and it can be difficult to check up on it while construction is underway.

You have worked hard for your money, so you don’t want to see it go towards something that never gets finished. On the other hand, it’s vital that your savings is working to earn you even more money. All investment is risky, so if you’re looking for a sure thing, good luck and let us know if you find it.

If you want an investment that offers both value and potential, buying an off-plan condominium may be for you. They can be significantly cheaper than purchasing completed units and you will enjoy appreciation on it sooner thanks to soaring land prices in many major cities across the region. In many cases, it is better to buy now than waiting for a project you like to be finished.

That being said, buying off-plan condominiums does involve a greater risk than already completed units. Here are a few of the risks buying off-plan condominiums carry and what you can do to navigate these possible pratfalls.

Condominium isn’t completed or completed late

The most daunting concern a person has about investing in buying off-plan condominiums is that it won’t be completed. This is the worst-case scenario since it means you will end up spending years in the courts fighting with the developer to get your investment back. Another worry is possible setbacks in construction which can delay rental returns should you plan on renting the unit out.

How to avoid this
: Don’t buy from developers who haven’t demonstrated past success in completing developments. Instead, choose only reputable homebuilders who have large portfolios.

They also send out regular updates on how the project is progressing, usually with photos and other information. This provides you with peace of mind about investing in a buying off-plan condominium unit.

Condominium won’t look the way it does in the pictures

Many investors thinking about buying off-plan condominiums utilize sales materials and marketing photos to get an idea of what the condominium they are buying will look like. However, these are simply photos and what you see here may not be what you get when the project is finished.

How to avoid this
: There is no way of truly knowing how a project will look when it is finished, but there are a couple of things you can do to help inform your decision. The first is to go online and look for photos of condominiums already completed by the developer. While artist renderings can deceive, seeing the real deal will give you a better idea of the quality the firm delivers.

If possible, you can also schedule to see a unit for sale at one of the developer’s already finished condominiums. While the layout may be different, chances are the unit size will be similar. Investigate how it looks and then compare it with marketing brochures that are likely to include graphic renderings. You’ll be able to see how close the developer comes to matching it.

You won’t get the unit you want

While units in off-plan condominiums are almost always available on a first-come, first-serve basis, this doesn’t mean you will get the one you want. This is especially true for presales periods where a limited number of units are available for extremely attractive promo prices. Once these are gone, the sales team then tries to promote units at more expensive prices even if the cheaper ones are still being advertised.

How to avoid this
:

If you know the project you’re interested in, you can always check it out on
Dot Property Malaysia
. Each condominium has its own page where you can see the  units currently for sale and what the asking price is. You can then enquire for that unit directly. When the seller contacts you, they will respond with information about that specific unit.

Interested in investing in a buying off-plan condominium in Southeast Asia?
Click here to start your search today!


This award-winning condominium offers a new type of lifestyle in Davao

Grand Land may be a relative newcomer to the Philippine real estate sector, but its efforts in Cebu and Davao have not gone unnoticed. The firm has collected many awards for its work over the years and 2022 was no different with The Piazza at The Grand Citygate Davao earning numerous plaudits.

At the Dot Property Philippines Awards 2022,
the project was named as Best Mid Range Condo Development and Best Investment Property Davao
. That would not be the only honors for The Piazza at The Grand Citygate Davao as it won Best Lifestyle Condominium Development at the Dot Property Southeast Asia Awards 2022.

For Grand Land, creating a lifestyle is a very important consideration at all of its projects.

“People’s lifestyles and how they live their day-to-day lives has been evolving. The public now looks for developments with better amenities and bigger green spaces. Apart from their own unit, they want to go outside and have their own common spaces where there are opportunities to meet others,” Grand Land Inc. President Ryan Bernard Go, told Dot Property Group. “People use to seek out simple condominiums. But at the end of the day, a condo unit is a personal own refuge. As cities get bigger and as life gets most stressful, individuals want a place where they can relax and enjoy life.”

Design plays a huge role in creating this lifestyle at The Piazza at The Grand Citygate Davao. Its beautiful exterior and interiors have a global influence that makes it unique for the location and offers those living here an extraordinary experience not found anywhere else.

“We look for inspiration from global cities we love. For example, our vision for The Piazza at The Grand Citygate Davao is the Italian city of Milan since the property is located in Milan Buhangin. We wanted to create something a bit different not really found in the Philippines,” Go noted

Ultimately, success at both the Dot Property Philippines Awards and Dot Property Southeast Asia Awards is further proof of Grand Land’s quality, market knowledge and ability to deliver residences that offer an unmatched lifestyle. However, this is just another step in a larger journey for the homebuilder which is still making a name for itself in the industry.

“Grand Land is only ten years old. However, we have been improving every year and getting better. We started with one condominium and eventually built up to launch a mixed-use development. Next, we hope to build a township,” Go concluded.

More than 45 developers, projects and real estate agencies were honored at the Dot Property Southeast Asia Awards 2022.
Read more about the winners here
.


This award-winning real estate agency makes the impossible possible

NPP Realty & Consultants aims to make the impossible possible for its clients. In order to accomplish this lofty goal, they don’t’ operate like a traditional real estate agent. That is what drove them to create the Property Personal Shopper, a professionalized and tailor-made approach that provides home seekers with the best experience around.

“The Property Personal Shopper is a catered real estate service we tailor for high net-worth individuals. We integrate everything they need beyond buying real estate as part of this experience. We are not only getting them a house, we are helping them create a home,” NPP Realty & Consultants Managing Partner and Co-Founder Khun Pondphat Saimuey, details.

The outstanding work of NPP Realty & Consultants was recognized at the Dot Property Thailand Awards 2022 when it was honored as one of Thailand’s Best Real Estate Agencies. From its bespoke service to in-depth market knowledge and vast connections within the industry, it truly can make the impossible possible, at least when it comes to buying property in Thailand.

“Winning this award means a lot to us because we have really been working hard. And the Dot Property Thailand Awards are a good time for us to come together and celebrate our achievement,” Khun Pondphat proclaims.


The award-winning women of Philippine real estate

Elizabeth Ventura
Anchor Land Holdings, Inc. President, has guided the developer to numerous awards

In the CS Gender 3000 report from Credit Suisse, the Philippines was found to have the highest percentage of women in management globally. The real estate sector in particular has been a leader in equality.

SMDC has been among the best at promoting equal opportunity employment over the years. Nearly 60 percent of the developer’s workforce is comprised of women while female executives outnumber male counterparts. They hold key positions in different areas of expertise throughout the company.

Since 2016, the Dot Property Awards has been privileged enough to recognize some of the award-winning women of Philippine real estate. They each play a vital role in the success of their company while helping bring much needed perspective to the market as a whole.

Meet the award-winning women of Philippine real estate

Elizabeth Ventura

Anchor Land Holdings, Inc. President

Under the leadership of President Elizabeth Ventura (center), Anchor Land has won several awards during the past five years

You can’t write an article about the award-winning women of Philippine real estate and not mention Anchor Land President Elizabeth Ventura.
Anchor Land has won countless awards during the past decade thanks to her efforts
. The developer has a robust portfolio of unique projects in both the residential and commercial sectors.

From renovating the landmark Admiral Hotel in Metro Manila to setting the standard of green architecture and design in a commercial development, the firm is not afraid to break the mold.

This all starts with the vision of Ventura. She is always willing to do something different, and oftentimes unheard of, in order to provide the best possible experience.

One example of her vision is Anchor Grandsuites. Located in the heart of Manila’s Chinatown, it has become the tallest building in all Chinatowns around the world. Another example of this can be found in Old Manila and Manila Bay. Projects such as Admiral Baysuites have embraced the area’s charm and history in a way never before seen in the Philippines.

Ventura also wanted to rethink the office experience. That’s why Anchor Land Corporate Center is equipped with a number of facilities designed with the modern employee in mind. These include a spa, gym, garden lounge and open deck in addition to the smartly designed offices. The unique lifestyle features have been combined with several sustainability benchmarks, such as LEED Pre-Certified GOLD.

“People will spend as much as 80 percent of their time at the workplace so we really wanted to develop a space that considered their lifestyle and well-being. It was also important to incorporate sustainability into Anchor Land Corporate Center,” Ventura stated.

Crystal Chloe Ong-Chua

Innoland Vice President for Sales and Marketing

Crystal Chloe Ong-Chua (left), Citrineland’s Internal VP for Sales and Marketing, Wilson K. Granadis (center), Vice President for Sales and Marketing and Dot Property Magazine Editor in Chief Cheyenne Hollis (right)

As one of Cebu’s largest local developers, Innoland and its subsidiaries want to help elevate the property market. The firm boasts an expansive office portfolio that includes TGU Tower, Calyx Centre and Link in Cebu I.T. Park. Meanwhile, its newest project, One Montage, just may be its most ambitious to date.

The three-tower commercial, office, and retail complex is an integrated, master-planned, and sustainable development that is unlike any other project in Cebu due to an iconic design and green building features.

Since being founded in 2005, Innoland has been motivated to improve the quality of the local real estate market. Crystal Chloe Ong-Chua, Innoland Vice President for Sales and Marketing, has been at the forefront of the developer’s efforts.

Prior to joining Innoland, Ong-Chua served as Internal VP for Sales and Marketing at Citrineland, the developer’s residential-focuses subsidiary. During her time there, Citrineland won Best Developer Cebu at The Dot Property Philippines Awards 2017.

“Winning means we are doing the right thing and it inspires us to build more and build better so more Cebuanos would be able to enjoy the perks of having homes of good quality at affordable price points,” Ong-Chua explains.

Orillosa Family

Keller Williams Ortigas-27C Realty

Dianne Orillosa (left) and Gianne Orillosa (center) at The Dot Property Philippines Awards 2019

Led by Gianne Orillosa, Operating Principal; Dianne Orillosa, Team Leader; and Pam Racelis Orillosa, Market Center Administrator, Keller Williams Ortigas-27C Realty is an up-and-coming real estate brokerage that has quickly made it a name for itself.

This has been accomplished through an innovative approach to property that sees the brokerage invested in the success of its diverse client base.

“We are a young team of millennials, but we believe that the diversity in age, knowledge, and experience amplified and strengthened through Keller Williams, makes ours a truly unique market center. We are driven to succeed, but at the core, our purpose is to help, to provide opportunities, and to make a difference in the lives of others and bettering the communities that we serve. This is what we are all about. Your business is our business. Your success is our success,” Gianne Orillosa explained.

Keller Williams Ortigas-27C Realty was honored as one of the Philippines Best Real Estate Agencies at The Dot Property Philippines Awards 2019. That was followed up by winning several Keller Williams awards to start 2021.


Baby-Proofing Your Home

Baby-proofing your home is something that first-time parents quickly discover how little they know. When a tiny tot’s safety is at stake, the entire house can seem like one giant danger zone.

Before you pull out the hard hats and safety “bubbles,” take some time to sit down and assess where changes can be made. Tackle the project room by room and you’ll be surprised how quickly the baby-proofing chore grows more manageable.

Be sure to give special attention to common safety pitfalls like open stairways, electrical outlets and cords.

Window Coverings

When you’re decorating the nursery, it’s easy to get wrapped up in all the little touches that make the room feel complete. However, adding too much flair can create some safety concerns, especially when it comes to windows.

The crib may look just right centered under the window, but once your little one can reach the curtains, you may be in for some problems. In fact, as your infant becomes more mobile, the same concerns apply to windows throughout the home.

Curtains are a temptation most young children can’t resist. They’re perfect for peek-a-boo and pretend forts, but can also pose a suffocation hazard, and if tugged on too hard, bring the whole rod ensemble crashing down.

That’s why it’s a good idea to skip floor-length curtains and opt instead for valances or bolsters that still add a decorative touch but are well out of reach of curious hands.

Door Blinds

For new parents desperate for sleep, blocking the light to create a darkened room may be a top priority.

However, some light-blocking options also pose a risk to children. Window and door blinds are a common solution to baby-proofing your home because they allow the versatility of being raised or lowered and opened or closed to create different looks and lighting filters as needed.

However, many blinds have exposed cords, which not only present a strangulation and choking hazard but also can cut off circulation and cause permanent damage if wrapped tightly around extremities and limbs.

Look for cord-free styles or opt for a semi-permanent film or tint instead.

Another baby-proofing concern is window-paned doors, which pose a similar challenge to windows when it comes to managing privacy and light. An option such as ODL Add-On Blinds for Doors is a low-maintenance and easy solution.

The blinds are easy to install and use, efficiently block light and don’t have any exposed cords.

As kids grow older, you’ll also appreciate the enclosed design, which eliminates the banging and swinging experienced with traditional door blinds.

Furniture

For most families, it’s not practical to re-furnish your home before a baby arrives. Fortunately, there are ways you can baby-proof the items you already have and as your little one grows, work on teaching boundaries to ensure safety.

Options like adhesive foam can soften the sharp edges of coffee tables, while anchors help prevent large, heavy items from being tipped or pulled over.


Out of the bag: the foundation for ready-mix concrete is being laid in Southeast Asia

Siam City Cement is focused on bringing ready-mix concrete to rural areas in Southeast Asia

Consumer habits are always changing. In some industries, this change is obvious. For example, retail shoppers have stop flocking to malls and now make their purchases online. But in an industry such as concrete, the shift can be much slower for a number of reasons.

However, consumer habits when it comes to concrete are changing and a new foundation is being laid. Bagged concrete, which has been a staple of building for as long as most people can remember, is on the way out. Ready-mix concrete is now becoming the product of choice for consumers of all sizes in Southeast Asia with Thailand taking the lead.

“We have seen a change in consumer behaviour in Thailand. Everyone is starting to move away from bag concrete to ready-mix concrete,” Supachai Tirawattanakul, Siam City Cement Mini RMX Project Manager, explains. “The issue when it comes to ready-use concrete is in rural locations. In these areas, local distributors lack the knowledge and quality control needed to make it a viable option.”

It’s estimated that nearly 800,000 cubed meters of ready-mix concrete was used in Thailand last year. To put this into perspective, a small project, such as a one-storey house, requires between 30 and 50 cubed meters of ready-mix concrete on average. Larger projects obviously need much more.

However, ready-mix concrete was mostly used in Thailand’s urban areas. That is now changing. Local distributors in Thailand’s rural areas are being trained and provided with the support required to offer ready-mix concrete to consumers as an alternative to bagged concrete. Supachai notes this could be huge for provinces such as Samut Nakhon, Chang Mai and Udon Thani, where lots of building is currently happening but ready-mix concrete infrastructure hadn’t been in place.

“The use of bag concrete will decrease as more users, both individuals and construction companies, move to ready-mix concrete,” Supachai says. “We’re actively training distributors on the products to ensure it is available more widely throughout the country. That’s because ready-mix concrete is easier to use and provides much more consistent quality.”

By training local distributors, Siam City Cement is able to pass along the required skills and knowledge for them to offer ready-mix concrete to clients

But there is another reason ready-mix concrete is needed in rural areas. According to Tanit Sorat, Vice-Chairman of the National Labour Development Advisory Council, new local workers are insufficient to support the country’s business and industrial sectors. This means it is difficult to find the labour needed for projects that use bag concrete, especially as more people migrate to urban areas

The amount of labour needed for ready-mix concrete is far less when compared to bag concrete. But this is far from the only benefit.

“Firstly, ready-mix concrete is cleaner than bags. People don’t realize just how much dust bagged concrete creates. The bags themselves are waste that needs to be disposed of too. The mess between the dust and bags can be significant. Additionally, ready-mix concrete is exactly what its name implies – ready to use. This is different from bag concrete which requires mixing with sand and water along with the labour required to do it,” Supachai details.

And while education and training on ready-mix concrete continues in the rural areas of Thailand, some people and companies in urban areas haven’t completely let go of the bag. The story is similar throughout Southeast Asia with pricing remaining a key issue. Ready-mix concrete costs more than bag concrete initially, but when you factor in other considerations, the price ends up being the same, if not cheaper in some cases.

Supachai concludes, “In addition to reducing time and manpower needed, ready-mix concrete can eliminate inconsistencies that using bag concrete can have. The result is a better overall product at a competitive price.”


Bangkok: 17%+ price hikes

The average selling prices for new units in both the central business district (CBD) and the non-CBD of Bangkok continued to increase by more than 17 percent in both locations during 2015.

In the first research report to be published this year, real estate firm DTZ in its
Residential Report
 for the H2 2015 reported that in strategic CBD locations, average selling prices for new units stood at THB 209,854 per sqm. This represented an increase of 4.1 percent over the prices recorded during H1 2015, but a substantial 17.6 percent jump year-on-year.

DTZ said that likewise, average selling prices in non-CBD locations in Bangkok during H2 2015 increased to THB 105,258 per sqm, up by 2.7 percent from H1 prices and an impressive 17.7 percent year-on-year.

The real estate firm attributed the continuing price growth to the growing scarcity of prime land suitable for condominium development, and the rising land acquisition prices that have helped to unit selling prices for condominiums, especially in CBD locations.

Correspondingly, for non-CBD locations, the cost of land acquisition for new projects on main roads and along mass-transit lines, it said, is the fundamental factor that is driving unit selling prices skywards. This is particularly evident with land in Thonburi from BTS Saphan Taksin to Bang Wa, and on Sukhumvit Road from Soi 44 to 76 and 65 to 115 – alongside BTS Phakhanong and Bearing.

DTZ said It anticipated the Bangkok condominium market will continue to grow further, especially in the areas along the existing and new mass-transit lines.

Adam Sutcliffe, Managing Director for
Dot Property Group (Thailand)
, was not surprised by this latest data.

He said: “Throughout the last 10 years and more, almost all parts of Bangkok have witnessed extensive price growth.

“Even though times of instability and economic difficulties, this latest data shows that investment in Bangkok condominiums will, in almost every situation, result in capital appreciation.

“Anyone who is having second thoughts about investing in Bangkok property should study the facts, the research and the data. This is testament to the fact that the city still remains a very safe and secure investment.”


Bangkok condo demand begins to shift away from the CBD

This article on the Bangkok condo demand appears in the Dot Property Thailand Real Estate Outlook 2021. You can read the report
right here
!

Condo demand in Bangkok moved away from the city’s Central Business Districts and towards Sukhumvit’s trendy neighborhoods last year, research from Dot Property shows. Those searching for real estate were most interested in condo units around the Thong Lor, Ekkamai, Phra Khanong and On Nut BTS stations with demand coming from both international and domestic buyers.

This stretch along Sukhumvit received the most enquiries on both
Thailand Property
, the company’s English-language website, and
Dot Property Thailand
, the Thai-language portal, in 2020. And while international and domestic property seekers were interested in the same Bangkok location, there was a notable difference in what they were after.

Overseas buyers eye high-end residences

On Thailand Property, luxury units priced between THB10 million and THB29.9 million received the most enquiries in 2020. This was followed by condo units in the THB5 to THB9.9 million price bracket. This highlights an interesting trend as it relates to foreign buyers active in Bangkok.

Their numbers may be less than in previous years; however, those that are buying are looking for upscale residences. In the past, there had been significant demand for condo units priced at THB3-5 million, but experts believed these were speculators. Those currently in the market for high-end condo units are more likely to be either end users or long-term investors given the capital required for their purchase.

New luxury projects in Bangkok’s most in demand locations include
The Esse Sukhumvit 36
 from Singha Estate and
Ideo Q Sukhumvit 36
 from Ananda Development. Prices start at more than THB10 million at each development. AP is another developer very active in this part of Bangkok having launched four condominium projects under its Rhythm brand here in recent years. Most units in these developments are priced at THB5 million or above.

Domestic demand driven by affordable condo segment

While domestic property seekers were also most interested in condo units around the Thong Lor, Ekkamai, Phra Khanong and On Nut BTS stations, they were searching for affordable units under THB3 million.

Projects in this price range tend to be low-rise developments, such as
Niche Mono Sukhumvit 50
 from Sena Development and
The Base Sukhumvit 50
 from Sansiri, or high-rise condominiums a little further away from BTS stations, like Aspire Rama 4 from AP.

Studio and 1-bedroom units the preferred option

The most sought after unit type in Bangkok among international and domestic buyers remains studio and 1-bedroom residences.

For more insights,
be sure to read the Dot Property Thailand Real Estate Outlook 2021
!


Bangkok condominium buying driven by shifting needs and discounts

Lazudi's Khun Gor (left) and Alex (right) explain what is driving Bangkok condominium buying

Bangkok condominium buying has declined from dizzying heights of the mid-2010s. That being said, the local real estate market hasn’t ground to a halt either. Activity remains in certain segments with most transactions being a product of shifting needs, discounts or both.

“Since the work from home culture has become a normal part of everyone’s life, space is becoming an increasingly important factor, even potentially out-weighing previous priorities, such as distance to public transportation,” Lazudi Executive Sales Director Chomratkamol Soontorntarawong (Khun Gor) states. “The high-end condominium market is continuing to show a lot of activity. This buying attitude seems to be reflected in larger global buying trends. The demand for Grade A quality buildings is the most consistent,
particularly in the form of branded residences
.”

Lazudi has been monitoring both the shifting needs of buyers in Bangkok as well as what homebuilders are doing in light of the current situation. Discounts have been an important tool for developers, but Khun Gor adds an overall shift in strategy to selling finished but unsold inventory has kept the market moving.

“This year saw the lowest number of new condominium launches in Bangkok over the last 10 years. It has been beneficial as the market was given an opportunity to absorb stock and ease any concerns of over-supply. Promotion units, additional discounts, transfer fee waivers and furniture packages are all tactics we’ve noticed,” Lazudi Consultant and Commentator Alex Blencowe reports. “Overall, prices have remained largely unaffected after an initial burst of discounts during the first COVID-19 wave.”

Alex also points out with this strategy being applied to projects across Bangkok, it is best to focus on locations and segments with the most market activity and price consistency. Projects in central city locations, such as Sukhumvit, Sathorn/Silom and
along the Chao Phraya River
, from well-known developers continue to draw the most interest.

“Our foreign market has seen a mixture of buyers who are comfortable purchasing sight unseen looking to build their overseas investment portfolio and expats currently living in the city shopping around for deals. Both groups are confident long term with the Thailand market,” Alex explains.

And there are reasons for this confidence. Bangkok is still a developing city with a huge emphasis on growing infrastructure. Alex cites under construction transit lines, hospitals and mixed-use developments as projects which will likely support a real estate market recovery moving forward. However, investors, especially those focused on buy-to-let properties, also need to understand the short-term realities.

“In the short-term, buy-to-let investors should be wary of a cooling rental market as everyone is looking for a ‘special’ discount during this unprecedented period,” Khun Gor says. “Longer term, when a level of normality returns, there will inevitably be a bounce back on rental prices. Whilst yields might be dropping in today’s market, capital prices have seen relatively little movement, which is perhaps unexpected to some.”

What’s next for the Bangkok property market?

Projects like One Bangkok are making real estate investors take notice of Rama IV

While Bangkok condominium buying is currently driven by shifting needs and discounts, those looking for what’s next may want to turn their attention to Rama IV. Once seen as the area between Sukhumvit and Silom/Sathorn, it is being transformed into the city’s next hub.

“
Rama IV has four mixed-use, super-projects coming along with a wealth of new opportunities
. These mixed-use spaces will offer Grade A offices along with new luxury condominiums, retail spaces, hotels, serviced apartments and convention halls,” Alex notes. “The crown jewel of these upcoming projects is One Bangkok. This enormous THB120 billion fully-integrated district is the largest private sector property development in Thailand’s history.”

An interesting aspect about One Bangkok and a handful of other developments is the fact residences are only available on a leasehold basis. The impact of this is something Alex believes bears watching.

“Units in both One Bangkok and Dusit Central Park are only available on leasehold terms. It is the same for the recently completed Sindhorn Village,” Alex says. “Attitudes towards leasehold in this segment will be worth watching as it is a huge disadvantage in the eyes of some foreign buyers despite the difference in ownership usually reflected in the price.”

For more information on Bangkok real estate:

Chomratkamol Soontorntarawong (Khun Gor)

EXECUTIVE SALES DIRECTOR

+66 (0) 91-028-8445

[email protected]

Bangkok Properties for Sale and Lease

Alex Blencowe

CONSULTANT & COMMENTATOR

[email protected]

+66800199103

Bangkok New Developments & Investments


Bangkok housing demand soars as more buyers look to the suburbs

Developers such as Frasers Property (pictured)  were able to tap into growing demand for houses in Bangkok

The article on Bangkok housing demand appears in the
Dot Property Group Report: How Has COVID-19 Impacted the Thailand Property Market?

Click here to download your FREE copy
.

Key Stats

Suburban Bangkok housing demand jumped by 12.7% during the COVID-19 pandemic

Demand for suburban Bangkok homes costing THB30 million or more skyrocketed by 55.1% since April 2020

Foreign demand in Bangkok housing soared by 24.4% between April 2020 and March 2021 when compared to the previous 12 months

Demand for housing in Bangkok and the surrounding provinces rose by 9.7 percent since the COVID-19 pandemic began in 2020. This would support past statements from many leading Thai developers who claim there is real demand from buyers in this segment.

In particular, demand for homes in the suburban Bangkok provinces of Samut Prakan, Nonthaburi and Pathum Thani surged by 12.7 percent year-on-year during the COVID-19 pandemic. In Bangkok, housing demand increased by a more modest 3.1 percent.

As far as total market share, housing in Bangkok and the surrounding areas accounted for 37.6 percent of total residential demand in the capital region between April 2020 and March 2021. This was an increase of 1.8 percent from the previous 12-month period.

There does seem to be some correlation between the COVID-19 situation and demand for suburban Bangkok housing with enquiries peaking in May/June 2020 and again in the first quarter of 2021. These correlate with the first, second and third waves of COVID-19.

Property seekers want high-end homes in suburban Bangkok

Demand for home prices at THB5 million and above soared during the COVID-19 pandemic signaling a change in priorities for many potential homebuyers. Enquiries for suburban Bangkok homes costing THB30 million or more skyrocketed by 55.1 percent. Meanwhile, demand for THB10-30 million homes jumped by 48.9 percent and rose by 33.9 percent for the THB5-10 million price range.

Interestingly, enquiries received for homes priced at less than THB5 million shrunk by less than one percent. In the year prior to the COVID-19 pandemic, this segment contained 84.3 percent of all suburban Bangkok housing demand but that dropped to 76.5 percent between April 2020 and March 2021.

International Bangkok housing demand grows, but volume remains limited

Bangkok housing demand among overseas property seekers grew by 24.4 percent year-on-year between April 2020 and March 2021. This accounted for nearly 30 percent of all foreign demand for residential property in the Thai capital. Ultimately, interest in housing remains far behind condos.

Download your free copy of the report


Bangkok land prices grow but at a slower pace than previous years

Land prices in Bangkok are still rising but not as quickly as in the past

Bangkok land prices continue to grow but at a slower pace than previous years, according to the Real Estate Information Center (REIC). There were a number of reasons for this, including Thailand’s struggling economy and the full collection of the land and building tax which went into effect this year.

The REIC’s price index of vacant land in Greater Bangkok was 354.5 in the second quarter of 2022. This was a four percent increase from the first quarter and 6.5 percent higher when compared to the same period last year.

“Vacant land prices keep rising consecutively but at a slower pace when compared with an average annual growth of 14.8 percent between 2015 and 2019,”
Khun Vichai Viratkapan, Acting Director-General of the REIC, told the Bangkok Post
. “Many developers slowed down land purchases as land costs are higher after the land and building tax started the 100 percent collection rate this year, from 10 percent in 2020-21. They need to control the tax burden, which is one of the development costs.”

Related:

Future rail lines cause suburban land prices in Bangkok to rise

Bangkok land prices grow fastest in the suburbs

The REIC noted Bangkok land prices are growing fastest in the suburbs due in large part to rail lines that are currently planned or being built. In fact, the noticeable increases happened in the capital’s neighboring provinces of Nonthaburi and Samut Prakan which have existing public transportation infrastructure that will be expanded.

In particular, Bang Phli in Samut Prakan has become a hot spot when it comes to
Bangkok land for sale
 due to its proximity to Suvarnabhumi Airport and the city area.

“Land in Bang Phli is in high demand from both industrial estate developers that are looking for warehouse development and expansion, and residential developers that are looking to develop housing projects,” Khun Sopon Racharaksa, Chief Executive of Frasers Property Industrial explained to the newspaper.


Bangkok: Most affordable in 2016

A prominent United States-based travel website has named Bangkok as its most-affordable destination for 2016 – news that will be welcomed by all property industry professionals in the Kingdom given the proven link between tourists and eventual property buyers and investors.

With the New Year quickly approaching,
www.priceline.com
 has analysed hotel bookings for 2016 to forecast where travelers will be heading after the New Year.

Once again, the number one spot on
priceline.com
’s list of top destinations for 2016 goes to Las Vegas, and overall Florida was found to be the most popular state with multiple warm-weather cities on the list, including Orlando, Miami and Fort Lauderdale.

While many travelers will be heading stateside, others will be heading internationally to Asia next year, including to Bangkok which it named as being the most affordable destination, and also the third most-popular international destination for Americans next year.

Related News:
Top website names Phuket in Top Ten travel destinations for 2016.

Priceline.com
 Travel Editor Brian Ek said: “Within the U.S., Las Vegas and other big cities like New York City, Miami and San Francisco remain top favorites; however, we’re also seeing the resurgence of interest in traditional Florida destinations, such as Sarasota and Cocoa Beach – both of which have favorable average daily rates under US$125 per night on
priceline.com
.

“International draws include favorites such as Cancun and Costa Rica in Latin America and newcomers such as Bangkok and Sydney in the southeastern part of the world.”


Bangkok prime prices keep rising

Prices of super-prime and prime residential condominiums in Bangkok are continuing to rise, according to the latest research from real estate firm Knight Frank Thailand.

Although accounting for less than 5 percent of the total Bangkok condominium supply, these segments enjoyed relatively good sales due to their locations in the heart of Bangkok.

The selling prices of newly-launched projects in these categories increased sharply, due to the scarcity of land. Prices of super-prime units jumped from THB 310,450 per sqm at the end of 2014 to THB 338,930 per sqm during 2015, whereas the selling prices of prime condos increased from THB 237,988 per sqm in 2014 to THB 253,917 per sqm last year.

Frank Khan, Executive Director and Head of Residential for Knight Frank Thailand, said Bangkok’s super prime and prime condominium segment will continue to attract purchasers with prime locations becoming rare, reflected in the high prices.

He explained that super-prime and prime condominiums for buyers who purchase a unit as their second homes reflect their lifestyles and convenience of living. Super-prime and prime condominiums offer great locations with fine dining, schools and hospitals located nearby.

Some of the super-prime condominiums provide world-class branded residence services, which make life easier for High-Net-Worth Individuals, and also offer high-end facilities such as the right size of swimming pool and green areas.

Khan also added that demand of super-prime and prime condominium is mainly in the Sukhumvit area, near Thonglor BTS and Sukhumvit Sois 37-39, Rajdamri, Langsuan, and Wireless. He expects the new emerging area for super-prime and prime condominium will be the Bangkok riverside, such as Charoen Nakorn.

According to Knight Frank Thailand Research, in 2015 alone approximately 1,096 units were sold under these two categories. The accumulated sold rate of super-prime and prime condominiums was 69.3 percent and 86 percent, respectively. The super-prime accumulated sold rate at the end of 2015 – at 69.3 percent – was a slight increase from the first half of the year due to a small increase in supply (only 146 units were launched) with a total of 602 units available for sale at the end of 2015.

The Prime condominium market, on the other hand, slowed with the unit take-up within the period down to only 96 from the previous half year of 323 units. Despite that, the prime market still outperformed the overall Bangkok condominium market in this period, which exhibited greater effects of a market slowdown.

In terms of supply, as of the end of 2015 there were 1,960 super prime units from a total of 10 projects. The Residences at Mandarin Oriental Bangkok, located on the Riverside, was the only super-prime project launched within the period with 146 units, increasing the market supply share for the Riverside area, currently at 25 percent of the total super prime stock, from 18 percent during the first half of the year. Largely, the accumulated super-prime supply is now almost evenly distributed within the choice Bangkok neighbourhoods of Sukhumvit, Sathorn, Central Lumpini and the Riverside.

As for the prime market, Beatniq on Sukhumvit Road was the only prime project launched within the same period, adding 197 units to the Bangkok prime condominium market which currently stands at 2,548 units.

The average selling price per sqm of both super-prime and prime markets continued to climb.

At the end of 2015, the per square metre prices were THB 338,930 and THB 253,917 for super-prime and prime condominiums, respectively. A more significant rise in price was observed in the super-prime market with prices up by 9.17 percent year-on-year, whereas the prime market saw prices rise by 6.69 percent year-on-year.

What’s more, newly launched super-prime and prime projects are now starting to offer furniture packages which helped differentiate different unit types. Some designated units within the same building, which were sold at a premium of THB 25,000 to THB 85,000 of the per sqm selling price, received better flooring materials, built-in home automation, and better kitchen and sanitary equipment on top of what is being offered with the average units in the project.

Some developers utilised this strategy to justify selling prices of up to THB 430,000 per sqm.

Anchalee Kasemsukthawat, Director of the Residential Department at Knight Frank Thailand, said that prospective clients looking to buy super-prime condominium units yearn for privilege and exceptional 24-hour world-class services on a par with 5-star hotels in addition to prime location, convenience and privacy.

Thais account for approximately 65 percent of super-prime condominium buyers, purchasing a super-prime unit as their lifestyle product and as their second home that serves their exclusive lifestyle.

Meanwhile those who look for prime condos are meant to gain capital yields therefore they would rather go for prime condominiums that match expatriates’ lifestyle. Location and convenience are key factors among foreign tenants looking to rent a prime condominium.

Knight Frank Thailand added that the super-prime and prime market is far from being over-supplied.

These two markets will see a lower number of supply it said, but prices will still climb slowly.

Many high-end developers are starting to put much more effort into product differentiation through material selection, all the way to more cutting edge designs and integration of extra facilities.


Bangkok serviced apartment market stays steady despite greater competition

The Civic Horizon Ekkamai is one of several branded Bangkok serviced apartments targeting expat tenants

The Bangkok serviced apartment market remains stable even with these units facing greater competition for condo units. Several prominent Thai developers, including Sansiri and Ananda, have entered the Bangkok serviced apartment market in recent years as they look for ways to increase revenue and create sustainable passive income.

According to Colliers International Thailand, demand for
Bangkok serviced apartments
 is strongest in the Central CBD and Sukhumvit areas of the city, although there has been little movement in terms of both occupancy and rent. Increases may be possible in the future, but competition from the condo market will limit the potential of this.

The report from Colliers International Thailand
 noted that there were 23,733 serviced apartment units in Bangkok at the end of the fourth quarter with another 5,834 units expected to be finished between now and 2022. Most of the developments are low-rise serviced apartments located along Sukhumvit Road.

The Bangkok serviced apartment market continues to record a strong occupancy rate with this figure hitting 85.97 percent in the fourth quarter of 2019. However, this figure has seen little growth in the past few years.

“Although the number of expatriates in Bangkok grew continuously every quarter, the average occupancy rate of serviced apartments in Bangkok did not dramatically increase over the past few years. We expect the average occupancy rate of serviced apartments in Bangkok in the first quarter of 2020 to be stable and remaining similar to the previous quarter,” the Colliers International Thailand reported.

Meanwhile, the proliferation of condo projects throughout the Thai capital has limited the rental potential of the Bangkok serviced apartment market. Rents have been fairly stagnant since 2017 with some potential renters opting for low-priced condo units.

“Serviced apartments have been intensely competitive with condominiums and luxury apartments during the past few years. Many foreigners moved from serviced apartments to condominiums in the same location, due to lower rents and similar facilities. Thus, not many new serviced apartments were added to the market in the past few years or will be in the future.


Bangkok to hit new highs

Bangkok’s property and real estate sector during 2016 will be focused on luxury projects, and be dominated by what CBRE Thailand has called “selective buying”.

Downtown Bangkok will continue to be the most sought-after address it concluded in its Bangkok Real Estate Outlook for 2016 report, which was published earlier today (Wednesday).

It said that unlike the midtown and suburban areas of the city where there are more than 400,000 completed units, the downtown condominium market in Bangkok is a low volume, high value market.

The real estate firm said that it expects to see the prices for new launches in prime downtown areas continue to increase during 2016. It said that because there are so few vendors willing to sell prime plots of land, intense competition among developers has resulted in increasing land prices. CBRE added that it believes this will further push prices higher in the best downtown locations in Bangkok during 2016.

In contrast, CBRE expects that the overall Bangkok condominium market will be slow during 2016 as a result of the sluggish economy, Despite this, it said the number of new projects will be roughly the same or slightly higher than those seen during last year.

It reported: “The risk during this economic slowdown is that not every project will be able to capture the buyers’ imagination in terms of location, specification and quality to justify high asking prices, and there is only a small pool of potential buyers who can afford these luxury projects.

“Therefore, the key for developers during 2016 is to focus on developing the right product in the right location at the right price. Only projects that manage to do so will be able to succeed.”

Less prime locations will be harder to sell and will likely face strong completion in a market where buyers remain less confident, it added.

Resale condominiums, especially good quality ones, will be an exciting area to watch in 2016.

“With the prices of newly launched condominiums reaching almost five times higher than some 20-year-old condominium projects in similar locations, CBRE Research believes that (resale) prices in older buildings in the best locations that have been well-maintained will still rise, especially for the larger two- and three-bedroom units that have limited new supply.

“The demand will come from buyers who are looking for large condominium units, but cannot afford the record-breaking prices of newly launched projects.”

CBRE added that during 2015, 80 percent of units with prices of more than THB 200,000 per sqm in downtown Bangkok were purchased by Thais, and it does not expect this to change dramatically in 2016.


Bangkok’s BEATNIQ selected by the public as Project of the Year 2019

Khun Prayongyut Itthiratchai, Deputy Chief Operating Officer-Property Development-High Rise (3rd from right) and the SC Asset team celebrate with Mr James Claassen, Dot Property Commercial Director (far right); Mr Matthew Campbell, Dot Property CEO (2nd from right); Mr Adam Sutcliffe, Dot Property Director Events and International Markets (far left)

The Dot Property Southeast Asia Awards 2019 saw the awarding of the very first People’s Choice Award for “Project of the Year”. With anticipation building throughout the presentation ceremony at Park Hyatt Bangkok on December 12, the People’s Choice Award for “Project of the Year” 2019 was the final award handed out on the evening signifying its prestige.

The Southeast Asia People’s Choice Award for “Project of the Year” 2019 featured the country winners of the award from Thailand, the Philippines and Vietnam with the winner voted on exclusively by the public. The finalists were Park Cascades from Alveo Land, BEATNIQ Sukhumvit 32 from SC Asset and Sunshine Diamond River from Sunshine Homes.

More than 10,000 votes were cast and the public chose BEATNIQ Sukhumvit 32 as their favourite development in 2019. It was a huge accomplishment for Thailand developer SC Asset as their project shined on the regional stage. Khun Prayongyut Itthiratchai, Deputy Chief Operating Officer-Property Development-High Rise, and the team from SC Asset were on hand to accept the award from Dot Property management.

BEATNIQ Sukhumvit 32 is located in Bangkok’s trendy Thong Lor neighbourhood and features incomparable exterior and interior design; an innovative smart home concept; and generous living spaces at a competitive price. Property buyers have responded well to all of these points as the rare blend of luxury and practicality have proven to be a hit.

The upscale condo features modern unit designs fitted with the latest smart home technologies. Additionally, the spacious residences along with a wide range of amenities provide a luxurious retreat from the city.

This was the third award for BEATNIQ in 2019. The condo was named Best Luxury Condominium Bangkok at the Dot Property Thailand Awards 2019 in addition to winning
People’s Choice Award for “Project of the Year” at the same event
.

SC Asset was a double winner at the Dot Property Southeast Asia Awards 2019 as their 28 Chidlom development garnered the award for Best Luxury High Rise Condominium.


Bangkok’s Grey Line gets green light, but will Thong Lor property market benefit?

A look at renderings of the proposed Grey Line monorail over Thong Lor

Bangkok’s mass transit expansion plans are well under way, but it seemed as if the Grey Line was the one proposed project that wouldn’t get off the ground. The monorail project was slated to travel down Thong Lor, connecting the middle Sukhumvit area to Rama IX and Lat Phrao in the north and the riverside in the south. However, those plans had remained dormant for years until now.

The Bangkok Metropolitan Administration adjusted the plans in an attempt to kickstart the slow moving infrastructure project. The Grey Line will now be broken up into two sections, the first of which being a 16.2 kilometre stretch that will run from the
Thong Lor BTS station
 to Vacharapol, stopping at Kaset-Nawamin Road,
Lat Phrao
 Soi 87, Rama IX Road and Phetchaburi Road. The area is currently underserved by public transit and experts believe the monorail will improve traffic throughout central Bangkok.

It is a project that has been talked about for years, but the government has recently decided to prioritise the Grey Line with several other mass transit projects now under construction. A number of issues, such as land ownership, have now been worked out and the Bangkok Metropolitan Administration is already preparing an environmental impact assessment for the project.

“The Grey Line has always been a high priority for Bangkok governor Aswin Kwanmuang. We have been working hard to make it come true. Recently, hurdles have been cleared. The Grey Line can serve city folks as soon as 2023,”
Bangkok Deputy Governor Sakoltee Phattiyakul, explained to the Bangkok Post
. “City Hall supports the Grey Line project because it does not require a huge investment like the skytrain and subway. It will also not affect local residents as officials will not expropriate their land.”

Thong Lor property set to benefit from the Grey Line?

While the Grey Line will boost land and project values all around it, the Thong Lor property market could gain the most. Between 2013 and 2018, condominium prices in Thong Lor rose by more than 40 percent. Now with a firm commitment to building the Grey Line, further upward movement is expected in terms of rents.

Projects like The Monument Thong Lo could see faster appreciation due to the Grey Line

The reason property prices have risen recently was attributed to a limited supply of land available for development and high demand from Thai and foreign investors in the area. Thong Lor has long been a popular spot since it is a leading place to live for expats working in Thailand. That’s due in large part to the lifestyle options the neighbourhood has as well as a BTS station.

These factors had a positive impact on rental rates which are among the highest in the city. Rents average close to THB1,000 per square metre per month. This places Thong Lor behind only the luxury areas in Bangkok such as Wireless Road.

Ultimately, it is still too early to tell just how the Grey Line will impact the Thong Lor property market but there a few observations that can be made. Land here is already scarce and only a limited number of new developments will be built moving forward. This should help prevent oversupply from forming.

It seems highly likely those investors who have recently purchased condominium units along Thong Lor or who do so before the end of the year will be getting them at a significant discount. The Thong Lor property market will see prices continue to increase and the Grey Line could supercharge this.

The completion of the Grey Line may also create more demand for rental properties along Thong Lor. With easier access to other parts of the city via mass transit, people who may have wanted to live here in the past but couldn’t manage it from a logistical standpoint will no longer have that obstacle.

Work remains to get the Grey Line off the ground, but if it does come to fruition, the Thong Lor property market has the most to gain from it.


The basics of making a Phuket leasehold villa purchase and does it make financial sense?

When making a Phuket leasehold villa purchase, it's important to know all the ins and outs

Overseas buyers can’t buy land in Phuket, but they can acquire the right to use the land via a 30-year lease. Once you have a lease, you can then apply for a construction permit to build a house, villa or any structure on it. The lease is guaranteed for its duration meaning the land cannot be taken away from you by the lessors assuming you have followed the terms of the agreement. In some cases, leases can be extended for two additional 30-year periods if both parties agree.

There are also several developers in Phuket that are building villa projects. Residences in these villa complexes are leasehold, but unlike the above-mentioned method, everything is paid for in one lump sum. You get the lease to the land as well as the built villa. In some cases, the developer will offer a guaranteed buyback at the end of the lease term.

Related:

Understanding foreign ownership of houses and villas in Thailand from a legal perspective

Either way, you are obligated to pay a registration fee for the lease which is 1.1 percent of the property’s rental value.

Steps to making a

Phuket leasehold villa purchase:

Draft the lease with agreed upon terms between you and the lessor. This should include issues such as lease extensions, transfer of lease, etc.

Sign the purchase agreement and complete payment

Go to the Land Office and register the lease with the government

Something to consider

You will also find leasehold condo units for sale in Phuket. The purchase process is the same as buying a leasehold villa, although some developers offer unique terms to make these properties more attractive to buyers. It is one of many things you must consider when
buying Phuket real estate
.

Is making a Phuket leasehold villa purchase a good financial decision?

It can be easy to dismiss making a Phuket leasehold villa purchase altogether, but it’s not as crazy as you may think. Let’s say you have your heart set on a Phuket villa, it can still be a solid investment even if you don’t technically own it.

In fact, it is possible to make it a profitable investment over the initial 30-year lease period even if you don’t have a guaranteed buyback clause in your agreement. Let’s start by assuming you want to use the villa for one month every year and the villa you bought costs THB8 million. This will get you a nice mid-range, multi-villa bedroom that you can rent out for THB40,000 a month.

In some cases, the development will have its own rental program and handle this for you. But in our example, we will say you have hired a property management company that takes care of rentals. We will also be conservative with our estimates and say the company could only find a person to rent the villa eight months out of the year. Two months it is empty and one month you are using It for your holiday.

9 months X THB40,000 = THB360,000 annual income

Now the property management company will take a 15 percent cut that brings your estimated annual income to THB300,000. Over the course of the 30-year lease, you will make THB9 million before paying the tax on the rental income and other costs such as the development’s facilities fee.

After all that, you are probably coming in slightly below the breakeven point in the highly unlikely event villa rental rates in Phuket stagnate during the next 30 years. But if rental prices grow, even marginally, or you are able to rent the villa out for ten months instead of nine, there is a path to the leasehold villa also being a profitable investment.


Battersea Power Station scoops award

Malaysian developers behind Battersea Power Station are praised for their regeneration.

The Malaysian consortium behind the development of
Battersea Power Station
 in London have been recognised for their work. The team behind this large scale project, S P Setia Berhad, Sime Darby, and Employees Provident Fund, has been awarded Property Company of the Year the Evening Standard Business Awards 2017.

This large scale development sits on the banks of south side of the River Thames in the borough of Wandsworth. The iconic power station is recognised worldwide and its restoration will create a ‘new riverfront destination for London’. A collaboration between architects Foster + Partners and Gehry Partners. The mixed used scheme will consist of retail, restaurants, office space, leisure facilities and events spanning a site of 16.8 hectares. The development of Battersea Power Station started in 2013 and is expected to create 17,000 jobs once complete.

Alongside the development, the northern line of the London underground network will be extended to reach Battersea Power Station. Due to be opened in 2020 this will help to open up this pocket of London. An area that has sat idle since the station stopped generating electricity in 1983. Formerly a coal-fired power station that was built in 1930s with the Battersea B Power Stating being built in the 1950s.

The development of the structure is challenging due to the Grade II listing status it holds that restricts how it can be altered. However, this project has proved to be a success with residents already moving into the first phase of the buildings recommission. The developers have also revealed that the Apple will be one of the future office tenants.


Beat the heat and stay hydrated

Milk is a great hydration option. It’s always hot in this part of the world it seems but be warned, with the sun comes that intense heat. Whether you’re enjoying the park with your family or exercising outdoors, it’s important to stay hydrated, especially during the hottest months.

Staying properly hydrated can keep the heat from ruining your outdoor fun. Dehydration can be a serious problem. Luckily it’s easily preventable and you don’t have to stick to just water. You may be surprised to learn that both white milk and chocolate milk are great hydration options, too.

Low-fat chocolate milk has the right carb-to-protein ratio to help recover after a tough outdoor (or indoor) workout. Plus, fat free milk and full fat milk rank higher for hydration than other beverages like water and sports drinks, according to a study. Both types of milk improved hydration status and kept study participants hydrated longer compared to other beverages, which researchers attributed to the electrolytes sodium and potassium – both naturally found in milk.

Here are three simple tips to stay hydrated all summer long:

Watch your thirst: this is usually the first sign of dehydration. Sip on a variety of hydrating beverages throughout the day, instead of waiting until you’re thirsty.

If you’re a parent, keep an eye on the intensity of your kids’ activities and always have hydrating drinks on hand. Grabbing a cup of cold milk on the way to the park is a great on-the-go option.

Begin your day by pairing a glass of milk with your breakfast. Not only does milk help you stay hydrated, you’ll enjoy other benefits like nine essential nutrients including 8 grams of high-quality, natural protein in every 8-ounce glass.

Staying properly hydrated doesn’t have to be difficult. Try this Super Food Smoothie for a refreshing and delicious way to hydrate. For more information and recipe ideas, visit milklife.com.

Super Food Smoothie

Servings: 2

1 1/2 cups frozen blueberries

1 cup low-fat or fat free milk

1 banana, sliced

2 tablespoons honey

1 tablespoon vanilla extract

1 teaspoon lemon juice

1/2 cup ice

In a blender, blend all ingredients until smooth. Pour into two glasses and serve. How simple is that?


Bedong’s first township looks to elevate the local community

PPB Properties recently launched Phase 1 at Bedong's first township

PPB Properties unveiled Lumina Bedong with a clear vision in mind. The property division of PPB Group Berhad wanted to elevate the local community and build the area north of Bandar Sungai Petani. This is Bedong’s first-ever township and will contain an expansive residential zone, a commercial hub and robust green spaces.

“With the development of Lumina Bedong, we are set to reinvigorate and transform the landscape of Bedong. We hope to drive the area and socio-economic landscape through our residential, commercial and recreational components,” Low Eng Hooi, CEO of PPB Properties, stated. “We are confident that Lumina Bedong will develop into a vibrant township in the coming future, making it a key locality in Kedah.”

That plan starts with the creation of people-centric spaces, new living experiences and thriving commercial pockets to create a lifestyle not available in Bedong. The township covers 228 acres of freehold land and will boast approximately 1,500 affordable landed homes once fully complete.

As part of Phase 1, PPB Properties announced it has launched 221 terrace houses with the centerpiece of this being a thematic park with a wide range of facilities, including a futsal court, jogging trail, outdoor gym and children’s play land.

According to the developer, Lumina Bedong appeals to newlyweds or young families searching for their first home. Additionally, the township can be an attractive destination for families in the surrounding area looking to upgrade to newer, more spacious homes within a lively community.

Plans also call for the creation of a vast central park equipped with community-building amenities along with diverse retail experiences suitable for working adults, families and children. Lumina Bedong is scheduled to be completed in its entirety by 2035.

For PPB Properties, launching Bedong’s first township is further proof of its commitment to elevating local communities in
Malaysia
.

“Our mission as a seasoned, community-centric developer has always been about ensuring that we add value and improve the landscape of the local community. We hope to continue delivering well-crafted, quality developments,” Low concluded.


Five bedroom style ideas

A perk of working with top
developers
and
agents
is staying up to date with the latest design trends. We’re sharing inspiration from the five bedroom style ideas below so you can transform your bedroom into a personal sanctuary.

Remember, a bedroom should feel like a special retreat after a long day – so style it in a way that expresses who you are and what makes you feel best!

A wall mounted headboard
is all the rage these days. This large bedroom in Prima Villa defines the massive area with distinctive slightly different color schemes based around two major pieces. The dark beige headboard blends the sleeping area together while the blue and white decor pull together a sitting area.

Prima Villa, Kuala Lumpur

Scandinavian simplicity
 is theme that stole 2016’s heart and seems to be making it’s way into 2017 as well.  Hues such as gray and off-white, warm wooden accents and a love for interiors drenched in a flood of natural light create a clean style. It’s typically a design that’s easy on the wallet too.

Elevia Residences, Selangor

Pops of color
is making it’s way back in style. The last few years, it seemed so many were afraid of color – but this is no more! Color evokes emotions and can really express a lot of personality. The vibrant blue and green take a person away to a retreat-like setting in Bali!

Diamond City, Selangor

Intimate minimalism
is a classic trend that is staying put for a long time. Not only is it easy for nearly anyone to design, but the result is always aesthetically pleasing. In a small space all that is needed is lots of natural light, a large mirror, a centralized piece of decor to focus on and a rug to pull it all together. There’s also no fuss on pulling together colors – just stick to different shades of one.

Green Haven, Johor

The all-embracing room
is a great choice for those who spend a lot of time in their bedroom ‘retreat.’ When working with a large space that features a full-wall window, there are ways to complement the area in subtle details. Notice the long piece of artwork stretching across the wall and also the extended headboard. The rectangle office desk is also sitting beneath a rectangle-styled light fixture. All of these elements add length to the room.

Permai Gardens, Pulau Pinang