Phuket luxury villa transactions outperform other sectors in 1H ’09August 2009 Despite continued restrained demand in the broader property market, Phuket luxury villa transactions hit Bt3.5bn in the first half of 2009. According to the Phuket Luxury Villa Market Update Mid-Year Report released by leading Thailand consulting firm C9 Hotelworks, sales volumes for units priced upwards of Bt65m outperformed other sectors by significant numbers. C9’s Managing Director Bill Barnett said supply and demand fundamentals for the high end are continuing to strengthen given that excess supply is being absorbed, while macro issues are restricting demand for new product launches. “While market recovery prospects are being set back to 2011, there has continued to be a gradual upswing in activity, driven primarily by earlier than anticipated momentum in many of the financial source markets where potential overseas buyers originate from” Barnett said. |
- Thailand
- UK
- The Philippines
- Australia
- Malaysian property market is expected to see increased transactions during 2010
- Savills reports Singapore property prices to increase in 2010
- Fractional Ownership guide offered by World Class Group
- Experts predict modest growth in Australian residential prices during 2010
- Chinese super-rich eye London homes
- Positive Sentiment Translates Into Increased Investment Volumes Across Asia Pacific according to DTZ
- Lifestyle Properties co-host Mike Balfour OBE investment lunch for The Hideaways Club
- Lifestyle Properties announce next Phuket Property Show at Indochine Empress Place on 25th & 26th Nov
- Is The Us Property Market Really Back On Track?
- Wealthy Malaysians now target International Property investments
 |
|
 |
| © 2010 Lifestyle Property |
Level 31, Six Battery Road, Singapore 049909 – tel: +65 6725 6566 – mobile: +65 9029 0756 – fax: +65 6725 6567 – info@lfsproperty.com
|