News

Public transport improves the livability of an area, indirectly increasing the value of the surrounding property market, making such an optimal investment opportunity. Golden Emperor Properties hosted a seminar over the weekend and launched THE BASE Phetkasem, a condominium project by developer Sansiri and transport corporation, BTS. The property is a 2-minute walk to the closest BTS station and in close proximity to the Light Rail Terminal. The convenient property attracted much interests from our clients and investors and the weekend finished with a strong selling performance.

Above Photo: Mr. Terence Chan, Managing Director of Golden Emperor Properties presents the launch of THE BASE Phetkasem and analyzes the market trend of Bangkok with attendees.

Above Photo: The launch had a strong selling performance over the weekend.

Fill out my online form.

A special tourist train from  and Sattahip made its debut on March 17, with services planned every weekend to spur tourism in the eastern region.

Trips in two air-conditioned diesel trains to Pattaya station and Ban Plu Ta Luang station in Sattahip will be offered every Saturday and Sunday until Sept 30. They will leave Bangkok early in the morning and return in late afternoon.

The inaugural service arrived yesterday at Pattaya station at 9.10am. On hand to welcome it were executives from the State Railway of Thailand (SRT), Pattaya municipality and the Chon Buri Tourism Association.

The train later left for Talad Nam 4 Pak Pattaya station (Pattaya Floating Market), where the formal inauguration ceremony was held.

Anon Luangboriboon, a Transport Ministry inspector-general and the acting SRT governor, said the new train service aims to boost tourism in provinces along the eastern coast, particularly in Chon Buri which is home to many well-known tourist spots.

They include Pattaya Floating Market, Nongnooch Botanical Garden, the navy’s aircraft carrier HTMS Chakri Naruebet, Nang Ram Beach, Nang Rong Beach, Percula Clownfish Farm, and the navy’s Sea Turtle Conservation Centre, among many others.

Mr Anon said that transport operators in Chon Buri would provide transport services from Pattaya station to other tourist attractions in Chon Buri.

He also said that operators of tourist spots in Chon Buri such as the Institute of Marine Science of Burapha University and Sriracha Tiger Zoo, have supported the project by offering promotions or admission fee discounts to passengers who produce train tickets upon their visits.

The trains will leave Hua Lamphong station in Bangkok every Saturday and Sunday at 6.45am, arriving in Pattaya at 9.13am and reaching Ban Plu Ta Luang in Sattahip at 9.50pm. The return trip leaves Ban Plu Ta Luang at 3.50pm, reaching Pattaya at 4.26pm and arriving in Bangkok at 6.25pm.

Fares from Bangkok to Pattaya and the final destination are 170 baht and reservations are recommended, according to the SRT. Seats can be booked via the SRT hotline at 1690 around the clock. SRT deputy governor Thanongsak Pongprasert said the agency would evaluate the services and if they prove popular, it could increase frequencies or add more carriages.

source: Bangkok Post

Thai furniture brands have progressed their way into the global furniture and homeware market. The export growth was a high 33% year on year this January and is estimated to rise by another 4.5% this year. The market was valued at THB $44.5 billion in 2017, up from THB $42.2 billion in 2016 and the total export in 2016 was worth THB $34 billion compared to last year at THB $36 billion.

Thailand manufactures and exports 30% of its products to Japan, 20% to the United States, 10% to Europe and 8% to China.

Local property developers further estimate a growth of 11% in furniture demand due to the rising amount of residential and commercial projects totaling to THB $470 billion in 2018 and estimates selling prices to accelerate with a strong-performing Baht. Moreover, wages in Thailand still levels at a low THB $150 per working hour.

Much of the country’s leading furniture brands are inspired by Japanese minimalist design with a clean aesthetic and originality. The designs do not lose the exotic aspect of the country as the products are handcrafted to incorporate traditional techniques such as weaving and embroidery.

Compact and functional for small spaces, products have successfully made its way into the Asian market including Singapore and Hong Kong.

Thailand’s furniture exposition, TIF 2018, launched last week with over 120 furniture manufacturers and designers participating– spending THB $24 million to host the event.

Emerging brands included:

Atelier 2+ Cane Collection: Minimalist furniture made from cane plants cultivated from Thailand. Simple curves embrace the natural material which dominate their designs.

Mye: Simple and geometric products that use the array of materials ranging from wood to metal to fabric, all sourced from Thailand. Their design is a mix of modern and exotic.

Mahasamut: As one of the newest emerging brands in Thailand, Mahasamut creates clean and bold designs of chairs and sofas fitted for the comfortable home.

HawaiiThai: Specializes in sleek outdoor furniture using environmental friendly material. Their lounging chairs have been featured in branded resorts and hotels around the world.

The Thai government is apparently very happy with Thailand’s ranking as the 8^th best country in the world to invest in after the top 20 countries ranking was released by the US News  company over the weekend showing that it highlights the kingdoms recovering economy amongst other economic and political factors.

Thailand’s Prime Minister Prayut Chan-o-cha was briefed on the report titled the 2018 Best County’s to Invest in rankings which uses factors such as economic stability, labor skills, pollution, technological advancements and corruption levels to generate their list.

The Prime Minister was said to be satisfied with Thailand’s position on the list saying it shows the improved standing of the nation amongst the international community and that the work of both the government, private sector and the Thai people as a whole is paying off.

Recently US News carried out a similar ranking into the best country’s in the world to start a business which saw Thailand take the number one spot for the second year in a row.

With the government continuing to push ahead with their Thailand 4.0 plans which is seeing increased investment in the kingdom infrastructure and high profile projects such as the Eastern Economic Corridor and the high speed train that will link Bangkok to the North of Thailand some people are speculating that Thailand will be a lot higher up the list by this time next year.

source: Love Pattaya Thailand

Although housing prices remain relatively low in Bangkok, the market has shown a significant growth in the last few years. Factors including a strong economic growth,  construction of an improved MRT system, the ‘One Belt, One Road’ initiative, Bangkok in becoming the ASEAN trade hub, all contribute to the city’s prospect. There is a high demand for quality residences which guarantees a rise in the property market. Golden Emperor Properties partnered with BTS and Sansiri, leading developers in Bangkok, and hosted the ‘Bangkok Property Investment Seminar.’ The seminar launched THE LINE Wongsawang, a project only 3 MRT stations away from the destined ASEAN trade hub. The event achieved an overwhelming amount of support from clients and investors, where many bought desired units from the property.

Photo Above: Golden Emperor Properties Managing Director, Terence Chan, analyzes the present market trend of Bangkok.

Photo Above: Many investors chose their desired units in the development of THE LINE Wongsawan.