Associate Director for Colliers International Bangkok, Surachet Kongcheep is responsible for research into all property sectors in Bangkok and throughout Thailand, Myanmar and Laos. Past accomplishments include producing the property research report of all sectors in Bangkok and all main cities in Thailand from 2008 and from 2011 for Myanmar and Laos market until now.
In addition, he developed Colliers International’s impressive database for all property sectors in Thailand, Myanmar and Laos. Education qualifications include B.Eng. (Civil Engineering) Mahanakorn University of Technology, Thailand. Surachet is an affiliate extraordinary member of the Council of Engineers.
Is co-working space a viable alternative for the Bangkok market, or will it remains a fringe option for today’s urban warriors?
The prospect of extending the current maximum leasehold in Thailand to 99 years has surfaced again.
A fewer number of new projects were launched, but newly transferred units showed a growing trend in 4Q 2015.
Only 8,500 units were launched in 2015, the lowest in the past few years.
In 4Q of 2015, the number of expats in Bangkok continuously increased, but occupancy rate did not reflect that growth.
Unsold units in the area are the main concern of developers, so only 1,928 condominiums and houses were launched in 2015, 47% lower than in 2014.