PD House to pursue its Franchise Plan

Home builder PD House believes purchasing power in Bangkok and nearby provinces will drop in 2012 while it will recover upcountry.

The film said the top 5 companies will have to adjust themselves to cope with declining market trend.

PD said that within two years it will promote the PD franchise and prepare to launch a new brand “AQ Home” for houses priced below 2.5 million Baht. It also added that the modern-style houses with flood protection would be hot in 2012. It has launched “high floor elevated houses” to lure customers and expects total sales of up to 300 million in the first quarter of 2012. The new strategy is to attract small home builders to join the PD franchise to build a strong business network before the Asean Economic Community (AEC) in 2015, company CEO Sitiporn Suwannasut said.

From 2012 onwards, PD House‘s strategy to recruit franchisees will not be confined only yo general investors but also small home builder companies who want to upgrade their own businesses to meet the standards that buyers expect because PD House is now well known among customers.

Small home builders can compete with their rivals but the entrepreneurs should adjust the work process and service to meet the standards specified by PD House and also decorate their offices in the same style. A special offer for those joining the PD House franchise is a 25-per-cent deduction in franchise fee from 500,000 to 375,000 Baht. Currently, 2-3 entrepreneurs are negotiating. Apart from upgrading the entrepreneur standards, joining the franchise will also build a strong business network for the AEC in 2015.

Currently, PD House has 26 offices all over the country. PD plans to open 10 more offices this year so there will be 36 offices altogether, with emphasis on offices upcountry like Chiang Rai, Nakhon Ratchasima, Nakhon Si Thammarat etc. The sales target for 2015 is 1.4 billion Baht.

PD House will launch a brand new franchise “AQ HOME” for houses priced under 2.5 million Baht in order to expand upcountry. The pilot project will be at its Nakhon Pathom office soon with expected sales of up to 90 million Baht in the first year.

Though the houses will be designed in keeping with modern trends, the design will prevent damage from floods. The company has designed two new models – F-211, F212 – with elevated first floors about 120-150 centimetres from the ground. This will meet the need of a large number of buyers. During the promotion period, the special price is 3.5 million Baht and 5.3 million Baht .

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Posted February 13, 2012 by ][-NooM-][ in More Property, More Real Estate

Junction of Ratchada-Rama 9 Prime Location for Condominiums

Bangkok’s Central Business District or CBD, such as Silom, Sathorn and Sukhumvit Road. The remaining land in the development of less Business operators must look for new location to expand the development of residential projects.

Around junction of Ratchada-Rama 9 is one area which includes both residential and commercial purposes such as offices and shopping malls. The interest is huge. Due to easy access via the MRT is also connected to the main business district as the center of Asoke all within less than 10 minutes near facilities such as hospitals, offices and shopping malls. The headquarters also has a large office building of the Stock Exchange of Thailand. Which will be completed in the next 2-3 years.

Research the property market. Real Estate Information Center. GHB project survey found that residents in these areas during the past 4-5 years there are projects that are within 700 meters from the Ratchada – Rama 9 up to 10 projects accounted for approximately 8,900 units or sold almost 80% of the buyers were mostly people who work in the city. The Asoke – Ratchada and investors to purchase the lease, both Thai and foreigners.

All 10 of the project is a project from the operator listed 9 projects totaling approximately 8400 units, representing 95% of all Sales of approximately 80% of the project from the operator out of the market, there is only one project. With sales of more than 50% can be seen that the major share of the market, partly because the land in this area is expensive. The major operators that have claimed more than it has the advantage.

The condominium units are average rates ranging from 10-30 units per project per month. For the project was launched 4-5 years ago, has sold about 45,000 baht per square meter, but the current selling price for a project that just opened in 2554 with prices up to the amount per square meter. 80,000-135,000 Baht.

Appraised value of the land, Rama 9 Road at the junction of Ratchada-Rama 9 about 150,000-220,000 Baht per square wah. Road near the junction of Rama 9 to junction of Huaikhwang around. 100,000-250,000 Baht per square wah, however, the actual purchase price may be as high as twice. Depending on location and location.

Ratchada – Rama 9 district also has a tendency to develop office buildings and new shopping center. The recently completed and under construction. Condominium unit and supply the market, it is quite a bit. The current supply in the market now. There are two major operators, who plans to launch in the first quarter of 2555 with an estimated average price per square meter 80,000-100,000 Baht, which makes the total of all units in the area increased to more than 10,000 units this year.

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Posted January 27, 2012 by ][-NooM-][ in Bangkok Real Estate, More Real Estate

LPN expects revenue to grow 10-15% point to 55 to 10 projects worth 15,000 Million

LPN expects 2012 revenue to grow 10-15% after the stock more than 14,000 million baht Backlog projects aim to increase next year, 10 projects worth 15,000 million baht and the transfer of land before the end of this year’s big spike. Contact point increase after January 1, 2012 assessed value of land they do not cost the company more confident this year’s income of 12,000 million units sold out before the flood.

Mr.Opas Sripayak, Managing Director of LPN Development Public Company Limited (LPN) revealed that the company expects revenue growth in 2012 is about 10-15% of initial recognition. Revenues from sales in the hand (Backlog) at more than 14,000 million baht will be gradually recognized as revenue over the next year, about 13,000 million baht, the rest will be about 1-2 billion revenue in 2013 and has been prepared. The purchase of land in the next year budget of 2.5 billion baht this year the company. The project will add 10 projects worth 15,000 million baht will be gradual. Recognition of revenue in 2013-2014.

The real estate market trends over the next year’s expected behavior. Consumers will begin to send signals. Improved since quarter 1 / 2012 onwards due to consumer confidence after the flood will start back because the government will have the opportunity to protect more than expected in consumer behavior that needs residential condominiums. more.

This is expected by the end of this year’s transfer of land will rise very high. The Ministry of Finance has changed the newly appraised value of land throughout the country on January 1, 2012, the increase in land prices across the country. Approximately 21.34% of taxable transfers and sales increase, however, such a policy does not affect the company’s cost of purchasing the land. The selling price of land in the market. The higher price anyway. The price of condo. And the house has not changed. The company currently has approximately 25% of the cost of land acquisition costs, all the remaining 75% of construction costs.

Together Mr.Opas said revenue this year will be to meet a target of 12,000 million baht due to the company. Sold out before the project. Flood crisis in October 2011, the Company will have a meeting of the Board of Directors. To pay dividends to shareholders during the year 2011 in March 2012 after an interim dividend paid during the year. Been completed.

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Posted January 3, 2012 by ][-NooM-][ in Bangkok Real Estate, More Real Estate

Phuket’s Hotel industry on the path of growth

Phuket hotels and retail sales to grow significantly and provide a lot of companies hit by Knight Frank Phuket.

The new programs developed by Baan Sukhothai at Patong Beach Co.,Ltd. is located on Bangla Road is a shopping mall and entertainment center with space for 150 retail stores over 40,000 square feet of space. underground parking, 2,000 square meters, can accommodate over 700 cars expected to be completed in the coming months.

Benzy Mall is another interesting project is the Virat Hongsyok Road, Phuket Town, which has great potential to emerge as a new business district. The project covers 15 hectares of this board retail buildings will be developed into one of two to five storeys with 250 units of 60m x 20m water park is located at the center of the project. The banana is a chic department store on the elements of construction, including stone, wood, glass and bamboo. It is noted that the concept of sustainable retail. The project will provide board has 30 shops, five restaurants and a nightclub on the roof. The project is located 4,500 meters of land in Soi Bangla, just 100 meters from the beach.

Nattha Kahapana director of Knight Frank Phuket says it is. But the development of a retail trade. But even if the entertainment industry has taken off recently in Phuket, Phuket from one project to Ratchada Niramit, the operator of Siam Niramit Tiamruammit in the street with two theaters, Siam Niramit is built on. 50 acres of the theater has a capacity of 1750 seats is Rassada project – Samkong, Jungle Splash Waterpark off bypass road has been developed in the northern part of the Centara Grand Hotel, may be better known. to develop the West Sands property features 12 water slides, chutes, and 335 meters Lazy Super Bowl.

Phuket has a lot of space. The new facility will encourage tourists to go and cool their vacation. According to the Department of Tourism, the average occupancy rate in 2010, an increase of 46.2 percent from 35.84 percent in 2009.

Risinee Sarikaputra associate director of research and evaluation of Knight Frank Thailand. The four-star hotel in Phuket has happened about 75 percent employment rate in the period between January and October, up 64.83 percent compared to 2010, Patong is passing. The rest of the island is about 82 percent employment rate in the period from January to October.

“We also expect that the hotel business / economy to perform better than a four star hotel is a travelers tend to be cost-conscious. All four star hotels in Phuket, an increase of 1,170 keys, the key 12,493 at the end of 2011 .. More supply comes from the release of eight hotels located in various locations around Phuket.

According to the Department of Tourism, the first 10 months of 2011 was more common in mass tourism in Phuket. Growing market is the Middle East, Asia and Russia, up 63.2 percent, 41 percent and 14.5 percent respectively.

Risinee said the research shows that the ADR average of four stars in Patong in 2011 increased from 2010 to 2510.35 to 2490.76 just in the first 10 months of 2011, which has 12 hotels in Phuket. should be strong competition in this sector, ADR is expected to decline in Patong, in the near future, the average length of stay has reduced the average length of stay of tourists. ASEAN are just a few days, while European tourists usually a holiday. More time from weeks to months.

He added that hotels in Phuket are facing increased competition from rental properties. In order to offer competitive rates, especially for visitors to stay longer. As well as competition from other tourist destinations in the region.

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Posted January 3, 2012 by ][-NooM-][ in Phuket Real Estate

Knight Frank decide Condo market in Lumpini Hot !!!

Ms.Risinee Sarikabut Assistant Director of Research and Valuation Assets of Knight Frank Chartered (Thailand) Co., Ltd. Great location for a condominium that will change. Due to flooding Bangkok. The project owner shall select a location to build condominiums in areas where access to water. The potential location is at the heart of Bangkok. In particular, the CBD is not located near the Sukhumvit canal remains. As well as risks. Located next to Khlong Saen Saeb.

While land prices in areas where water does not reach. It is anticipated that there will be more expensive because people believe that the problem with flooding. Likely to recur in the future, the building was designed to be safe from flooding. It is believed that the design of new buildings will have underground parking. The construction is expensive and not safe from floods.

Ms.Risinee also said “past Srinakarin and Bangna is a new condominium developments. While condo prices. The overall increase of 6%, although there are highly competitive in the condominium market but supply remains at about 32,549 units in the first half of the total supply of 251,327 units”.

The launch of the new unit is divided into 3 areas in the CBD, 19% to 23% outside the CBD and around Bangkok 58% off its “Srinakarin-Bangna” a new area in a condo development. The launch of the new units in the first half of this year, approximately 7933 units, representing 42% of total supply in outer Bangkok.

The prime “Bangna – Trad” is an area suitable for condo development. Since there are many shopping centers are closed during this time until 2556 the expansion of the metro station of nut bearing. It is another reason.

Making it interesting. “Chaengwattana” is 7395 units, representing 39.1% of total new supply in the area outside the city, which has launched quite a lot.

In the outer CBD location, “Rama 9 – Ratchadapisek” There are a number of new supply 5276 units, representing 72% of new supply in the area outside the CBD. To meet the new demand was made.

Ms.Risinee said “overall market demand for a condo in Bangkok, down from 48.3% in the second half of last year was 45.8% in the first half of this year from 24,895 units to 14,907 units due to the recession by the middle and lower markets”.

The unit price for Grade B at the outer CBD. Growing up. The Ratchadapisek add about 10% from a year ago. Areas outside Bangkok. Still does not change much. Some projects may be slightly increased only 1%, while condo located in the CBD. Prices increased 5%.

However, the Premium Market is likely to increase. Since Bangkok is still a 1 in 3 cities in the eyes of investors.

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Posted November 21, 2011 by ][-NooM-][ in Bangkok Real Estate, More Real Estate

London’s Centre of Architectural Splendour – Property in Belgravia

Located between South Kensington and Mayfair, Belgravia is at the heart of the richest areas of London. In street after street of architectural works command high property prices in Belgravia and respect even more – and not without good reason.

Much of the property here was originally developed by Thomas Cubbie, London contractor for the leadership in the nineteenth century. Other achievements include the construction Cubbie East front of Buckingham Palace and the former building Finbury Circus London Institution. Cubbie name is just one of many who have given distinguished Belgravia with its history, and today much of the property in Belgravia is always the incomparable genius of the brand architecture that gave the region its reputation.

Seaford House, on the corner of Belgrave Square, a perfect illustration of that reputation. The individual large mansion was designed by Philip Hardwick, the architect of the leader of the nineteenth century.

The building was completed in 1842 and was originally known as Sefton House. Remodeling followed in early 1900, when Lord Howard de Walden assumed ownership and installed some great new features inside.

Located in the heart of the neighborhood, Seaford House is among the most magnificent examples of the property in Belgravia, although it is no longer occupied by private residents.

Lowndes Square is home to some of the best examples of large white stucco houses that make up much of the residential property in Belgravia. With great Romanesque columns and details impeccably designed, these homes are monuments of the architectural splendor of London and flourishing perfect complement to the elegant, discreet green in the center of Lowndes Square.

Pimlico Road with its famous statue of Mozart, is today one of the most exclusive districts of London shopping. Many of those fine examples of the property in Belgravia has been transformed into shops and restaurants. It is still a great place to stroll and soak up some of the trappings of modern-day Belgravia – proof enough that his reputation as the center of London style continues unabated.

Away from residential architecture, St. Paul’s Church, Knightsbridge is one of the best examples of Victorian churches. Since its consecration in 1843 has quickly become an integral part of the local community, and remains a popular place of worship today.

Ready vigilant on local streets, the church is an architectural tour de force. Emphasis is placed on the size and decor and its style is heavily indebted to the principles of the Oxford Movement of Anglicans. Its beautiful interior features include a screen designed by the architect GF Bodley church.


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Posted November 21, 2011 by ][-NooM-][ in More Property

Most Popular Types of Mortgage Loans

The loans are everywhere and they also have different types. If you plan to get a mortgage are, it is best to research before you proceed. You must be sure that the results could provide mortgage loans. You can check described some of the most popular types of mortgages in the following.

Fixed Mortgage Loan
This loan is also known for its popularity. In here you can borrow money from a lender, but you have to pay monthly installments for a specified period. If you prefer smaller monthly bills, you may consider a period of 30 years to pay. It still hangs on your decision. If your budget is not sufficient to pay the higher monthly bills, you may take advantage of the fixed payment date.

A disadvantage is that instead of paying the amount of the normal, higher wages. If you calculate everything, you will see that the amount you pay is higher than the loan itself. The amount that you pay is higher than the amount paid to people who have taken only one loan of 10 or 15 years. They allow the type of payment that the work for you to choose. Your choice should always be paid off monthly interest on your ability.

An adjustable rate mortgage was a sub-category. In contrast to the burden of a tax rate of 30-year fixed loan, so you can pay lower interest rates. The only thing you need to pay attention to is the type of payment, because you have to pay lower rates, if lower interest rates and higher when interest rates are higher.

The Convertible
This loan is very popular nowadays due to the fact that this type of mortgage offers more options. If the interest floats, this loan is perfect, because you can change whenever you want. The lender is still the one who decides when it comes to it. Balloon Mortgage is one of the examples of these loans. There is little interest, if you’re just starting out. When the time is over, you pay the entire outstanding balance on a single charge. This is advantageous for investors who plan to sell the house in just a few years. Authorized, with low interest rates, so they can pay, while the sale of the property. The money will then be used to pay the balance of the mortgage.

If you are looking for a good mortgage broker, a Vancouver Mortgage Broker can help you. If you want a good mediator in getting a mortgage loan, consider a Vancouver Mortgage Broker.

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Posted November 10, 2011 by ][-NooM-][ in More Loans