The events in Bangkok in May 2010 have raised concerns about the recovery we were seeing in many sectors of the Thai property market in the first quarter of 2010. However, it will take months to see what the effect will be on sales and letting volumes, prices and rents. We do not believe there will be a sudden a dramatic downward movement in prices or rents. The total supply of expatriate standard apartments in downtown Bangkok increased 2.3% year on year. Occupancy was 88.2%. Rents rose in some locations such as Central Lumpini but fell in other locations.

Despite the increase in the Bangkok hotel supply, Bangkok occupancy rates and REVPAR increased but the Average daily rate decreased in quarter 1. International Tourist Arrivals increased by 27.1% on Q1 2010. Obviously Q2 numbers will be very poor and it remains to be seen how long it will take for business and tourist arrivals to recover. The majority of new condominium launches in the first quarter were mainly small one bedroom units. The office market remained weak. There was no increase in supply. Take up grew by 17,481 square metres. Grade A CBD rents fell by 3.8% year on year. Retail Occupancy increased to 93.4%. Rents remained at similar levels. A number of shopping centres were closed in Central Bangkok for much of April and May. 882 Rai (349 acres) of SILPs were sold on industrial parks and estates in Q1 2010. This was an increase 891% y-o-y. There was 175% increase in townhouse completions on quarter on quarter but developer built single detatched house completions fell by 74% quarter on quarter.

The existing supply in downtown Bangkok reached 67,176 units, up from 65,067 units in Q1 2010. This was an increase of 3.2% Q-o-Q and 15.8% Y-o-Y. There were 2,109 units completed in this quarter. Another 5,220 units are scheduled to be completed by the end of 2010 which will raise the total downtown condominium stock significantly to 72,396 units, or by 11.3 % Y-o-Y. In Q1 2010, the average asking price for an off-plan freehold condominium unit (high-end and above) in downtown Bangkok was 156,460 THB/m2 an increase of 19.2% Q-o-Q or 3.0 Y-o-Y. The total number of units occupied by owners or tenants decreased from 74.2 in Q4 2009 to 74.0% in this quarter.

The demand is only getting bigger for investors or retirement home buyers in Thailand to buy property in Hua Hin. Hua Hin is a very quiet holiday area, mostly Thai or Tourists go to for the weekend to get away from Bangkok and away from the hustle and bustle. Just 2 and half hours from Bangkok who would of thought that you could easily escape into this amazing city that is thriving off tranquil surroundings. Most go to Hua Hin to relax by the beautiful clear sea while others visit temples or amazing rainforests and waterfalls.

With all of this beauty and lush landscape scenic environment it is only a matter of time or common sense that if you are wanting to get away fromBangkok every now and again who could resist to not invest or retire in such a great town. Hua Hin is known for it’s vibrant culture and is already known as an upmarket destination along with it’s international community that is easily adjustable to all types of open minded people. Buying property in Hua Hin particularly houses is a great opportunity for anyone who can afford to buy as the land itself holds great value and is fairly sustainable. Renting out your property for investment or pleasure is never an issue, as there is always someone that wants to get away.

Condominiums along the seaside is also a very nice idea and there is always plenty of blocks being developed continuously. If you can buy off the plan this is also a good way to get a place a bit cheaper. Overall Hua Hin Real Estate you could easily say is a winner and will continue to rise up in popularity the more congested the bigger cities get as people are looking at being somewhere further out and with more peace and serenity.

Basically, foreigners are apprehensive to make investments in Bangkok as foreigners are not permitted to make investments in real estate in Bangkok. However Bangkok condos have grown increasingly popular in foreigners to Bangkok. The main reason for this popularity in Bangkok condos is that it is legal as a foreigner to buy Bangkok condos. There are some benefits to buying Bangkok condos where the main benefit is that it can draw a monthly paycheck for you. This benefit is not only provided with your investment in Bangkok condos, but also for investments made in Bangkok apartments. Not only can you buy Bangkok condos and Bangkok apartments as an investment, you can also buy it for you to live in.

Whatever the reason may be for your buying Bangkok condos and Bangkok apartments, it is very important that you do sufficient research on it. It would be better if you enlisted the help of a lawyer for guidance on making your investment. With the help of the lawyer, you will be able to follow all legality issues related to making an investment in Bangkok. Even if you are interested in building your own Bangkok condos complex, with the help of a lawyer, you will be able to find the best developer for the project. You can also find out more about a developer with the help of the lawyer to ensure that you get maximum satisfaction and profit with your Bangkok condos.

In addition to Bangkok condos and Bangkok apartments, the commercial expansion in Bangkok over the past few years has led to an increased popularity in Bangkok serviced apartments. These Bangkok services apartments are more popular amongst frequent travelers, business executives in Bangkok for a short stay, families making a trip to Bangkok and for those looking for a base before shifting to Bangkok for good. Some of the Bangkok serviced apartments offer services similar to those available in top class hotels while others offer the comforts you expect from your home. You may find a fully equipped kitchen, individual lounge and dining room areas and other conveniences to create a home away from home experience when in Bangkok.

You can book Bangkok serviced apartments for a single night or for 12 months and this booking may be made on the same day, or perhaps months in advance. The greatest advantage of Bangkok serviced apartments over Bangkok condos and Bangkok apartments is that it offers the best of accommodation in its rooms and facilities. Of course, this comes at a price, which proves to be worth it over the course of time.