C9 Hotelworks Bill Barnett will be speaking at the upcoming 2nd Annual Indonesia Real Estate 2013 conference.
The event will be held in Jakarta on 26th and 27th at the Shangri-La Hotel.
Set for two days the event will cover a wide variety of property sectors along with hotels, branded residences and investment opportunities.
Barnett will speak about the emerging Beyond Bali area which is currently a hot topic and includes Lombok, Sumba and Flores.
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Real estate developer Kingdom Property has sold a bulk package of 87 condo units to a Hong Kong investor.
The units are at the Southpoint Pattaya project and the buyer is Hong Kong's Purple Link Investment.
Total project sales have now exceeded the 60% threshold and Kingdom has said majority purchasers top date are Thai.
One entire block of 224 units has been sold to a Thai company who will operate the entity as a serviced residence.
Phuket City's thriving low-cost property market is continuing to thrive with the recent launch of the development Connext.
With 183-units, the pricing point of THB1.29 has attracted many young professionals.
Back of strong presales the project will commence construction in January.
Connected is being developed by local firm Phuket Thanee.
Jones Lang LaSalle (Thailand) have signed two deals for residential estates in Phuket.
The first is the Sands Condominium in Rawai which is a 36-unit established property in the south.
Second up is the Eva Beach which is also located in Rawai.
JLL has recently made moves to further its property management presence in Asia's other key resort destination – Bali.
Dates have been set for this year's AOCAP Conference 2013 in Hong Kong on October 15th and 16th.
The Ritz-Carlton will be the venue for the event which focuses on vacation ownership, hotel branded residences, condohotels, destination clubs and fraction real estate.
Scheduling is convenient for attendees as this is the lead-in week to Asia's biggest hotel investment conference HICAP which is held directly after AOCAP.
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After a strong response for the first phase of the Laguna Shores hospitality led residential offering, the developer has announced plans for the release of another 105 units in a second phase.
Pricing has been moved up to an entry point of THB4.5 million for a 40 square meter unit and sizing tops out at 80 square meter apartments.
Ownership is structured on a leasehold basis and two optional hotel managed rental programs.
Phase One will see 229 units developed as part of a six storey structure.
Management will be under the Banyan Tree group who will be announcing a new third brand, which will follow the core Banyan and secondary Angsana flags.
Turkey has prioritized its real estate market with an incentive program offering overseas investors residence permits.
The inventive is aimed to prime foreign investment into the sector.
One-year permits are available under the new program.
A number of financial strapped government's around the world have been triggering visa's for investment since the global financial crisis.
Thailand's neighbor Malaysia has seen a high profile election come and go.
Economic experts are forecasting the country to see a continued surge in growth and property is a lead indicator.
Reading analysis on the market the top picks for investment look to be Greater Kuala Lumpur and Iskandar (which is starting to become Greater Singapore).
Another market often referred to in broad terms continues to be Penang, though Langkawi looks to be tailing the pack.
Thailand's listed property developers continue to see strong sales growth but in many cases the flow through to the bottom line is not being achieved.
Two key deterrents to the 'flow through' are spiraling construction costs and sales and marketing.
Thailand is still seeing strong inflation pressure, which is pushing commodities and labor higher.
In addition a key trend is that the low cost small condo's have skinny margins and there is very little room for doubt if project costs overrun.
For now the broad market is seeing increased competition and the battle of the bottom line is being hit hard.
