{"id":2270,"date":"2019-02-27T10:50:21","date_gmt":"2019-02-27T10:50:21","guid":{"rendered":"http:\/\/pgawards.wpengine.com\/?p=2270"},"modified":"2021-06-04T14:17:28","modified_gmt":"2021-06-04T07:17:28","slug":"why-branded-homes-will-remain-hits-for-thailand-in-2019","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/why-branded-homes-will-remain-hits-for-thailand-in-2019\/","title":{"rendered":"Why branded homes will remain hits for Thailand in 2019"},"content":{"rendered":"<figure id=\"attachment_2271\" aria-describedby=\"caption-attachment-2271\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-2271\" src=\"http:\/\/pgawards.wpengine.com\/wp-content\/uploads\/2019\/03\/shutterstock_1315136849-compressor.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/03\/shutterstock_1315136849-compressor.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/03\/shutterstock_1315136849-compressor-300x200.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/03\/shutterstock_1315136849-compressor-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-2271\" class=\"wp-caption-text\">Skyline of Bangkok dominated by the MahaNakhon skyscraper, home to The Ritz-Carlton Residences. Kumpol Chuansakul\/Shutterstock<\/figcaption><\/figure>\n<p>Thai residential developers are poised to rope in more hotel\u00a0brands with future projects as the scales of the property market tip toward overseas buyers and domestic demand goes through a period of adjustment.<\/p>\n<p>New players in the residential market are expected\u00a0to place emphasis on hotel residences due to vigorous foreign buyer sentiment and cooling local demand attendant on new mortgage regulations, according to Marciano Birjmohun, managing director at real estate agency DMRD.<\/p>\n<p>\u201cIf you look at the overseas buyers, they\u2019re looking for something with a brand, especially hotel-managed brands,\u201d said Birjmohun, one of the judges at this year\u2019s\u00a0PropertyGuru Thailand Property Awards.<\/p>\n<p>\u201cIf these brands come more and more, we can expect better property management, better services \u2014 all around they will offer more quality to the market,\u201d he added.<\/p>\n<p>The awards, set for August at The Ath\u00e9n\u00e9e Hotel, have introduced\u00a0a new category, Best Hotel Residence, to reflect changing tastes in the sector.<\/p>\n<p>\u201cThe categories change on an annual basis to reflect what is happening in the real markets,\u201d said\u00a0Jules Kay\u00a0at a media event for the awards\u00a0yesterday in Bangkok.<\/p>\n<p>Thailand now\u00a0accounts for seven percent of branded residential schemes globally,\u00a0making it the world&#8217;s second biggest country market. Along with New York, Miami, and Dubai, Bangkok is one of the world\u2019s biggest urban markets for such schemes; it plays\u00a0host to at least 15 projects.<\/p>\n<figure id=\"attachment_2272\" aria-describedby=\"caption-attachment-2272\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-2272\" src=\"http:\/\/pgawards.wpengine.com\/wp-content\/uploads\/2019\/03\/Jules-Kay-Image-1-compressor.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/03\/Jules-Kay-Image-1-compressor.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/03\/Jules-Kay-Image-1-compressor-300x200.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/03\/Jules-Kay-Image-1-compressor-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-2272\" class=\"wp-caption-text\">Jules Kay, director of the PropertyGuru Asia Property Awards, speaks at a press briefing Tuesday on nominations to the 2019 Thailand Property Awards at the Gaysorn Urban Resort in Bangkok<\/figcaption><\/figure>\n<p>Despite a perceived\u00a0decline in expatriate workers, Thailand remains one of the most-visited destinations in Asia, having ushered in a record 38 million tourist arrivals in 2018, with prospects of hitting 41 million this year. The kingdom is also rated the most popular country for home buying enquiries from China, according to the property portal Juwai.com.<\/p>\n<p>\u201cIf you look at Chinese new year, the tourism numbers were amazingly good,\u201d Birjmohun said. \u201cForeigners love Thailand; they love the essence of it.\u201d<\/p>\n<p>The\u00a0industry is steeling itself for the implementation of new loan-to-value limits in April, with developers unloading stock at promotional incentives as more property seekers face higher downpayments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Changing sector conditions drive market players&#8217; focus toward residential projects in tandem with reputable hoteliers<\/p>\n","protected":false},"author":2,"featured_media":19954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92],"tags":[],"class_list":["post-2270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","news_country-thailand","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why branded homes will remain hits for Thailand in 2019 | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/why-branded-homes-will-remain-hits-for-thailand-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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