Bangkok Condominium Market Report Q1 2011 | Colliers International Thailand

8/7/2019 Bangkok Condominium Market Report Q1 2011 | Colliers International Thailand

1/12

Q4 2010 - Q1 2011

new Supply

lAunCHeS

pRICeS

TAKe-up

Bangkok Condominiummarket rePort

THAIlAnd

.c i rs.c .th

Bangkok Condominium Market

exeCuTIve SummARy

n w l ch s Q1 2011 ll s s bl l v l ll w h c p v s sC c s v h p p y h v b ll y s s l . th c

h s b h p c ss c s l .

W h b B , h n h S h s l h w y w l 15% ch h l h wh l B . th S b b cc

56% h l.

a 3,500 s w s ppl Q1 2011, sl h c s q/q. F h p s w yq ly s w s pply h v b bly s bl .

th hq Ch m m ch 2011 c s y p l b y s p y s l c b l s s ch v s. m y b q

c c s l h h B s s p s s s s c c v y.

n w l ch s Q1 2011 w w c p w h h p v s q by 46% 10,800 s w l ch Q1 c p 20,000 Q4 2010. a h

l s y , h w w s h h w s b v h w h hb w s b l ch . th B th l s h c l h

l l h x l v l (LtV) 90% c s p cll b h . th s, c pl w h s ll c s s s s, h s h h c c

.

Q1 2011 | Condominium

mARKeT IndICAToRS

newly lAunCHed CondomInIum unITS duRIng THe yeAR 2010 Q1 2011 by QuARTeR

S c : C ll s i l th l r s ch


2/12

i Q1 2011, h S b b B p b B w h hh h b s l ch . m y p j c s h S b b B

c v 600 s.

W h b B , h n h F S h F sh v sh w h h h s b s w h pp x ly 1,600 s 15%

ch l c h l. th C y w s h , w h 600 th S h F b w s h b c l -scp j c , th t s r ch r 3.

app x ly 3,500 w c s w c pl s h d p L Q1 2011 h l b

h wh l B w s pp x ly 300,000 s, h

39,500 s sch l b c pl 2011. th b c s c s c sch l b c pl2011 s h h h s s c h l b l c l c s s 1997.


S c : d p L , C ll s i l th l r s chr : th b s s cl p j c s h n l H s a h y

newly lAunCHed CondomInIum unITS In Q1 2011 by loCATIon

AddITIonAl Supply by QuARTeR

COLLIERS INTERNATIONAL | P. 2

Bangkok Condominium market rePort | Q1 2011


3/12

ToTAl HISToRICAl Supply by loCATIon To 1Q 2011

CumulATIve fuTuRe Supply SCHeduled To be CompleTed duRIng 2011 2013 by loCATIon In uRbAn bAngKoK (AS of Q1

2011)


S c : d p L , C ll s i l th l r s ch

S c : C ll s i l th l r s chr : S pply s cl s S b b B

m h 195,000 c s, 65% h l, l c h S b b B . W h h b B ,

h n h F c s h s s s p x y hc y c , ss s c c s l v ly l w l p c s

c p h C y . th o C y s pp sc h x s h BtS c ss h Ch Ph

v l S h v h s s s c .


app x ly 21,150 s sch l b c pl hs 2011. th n h F c s b h pl y b B , w h ly 8,500 s sch l b c pl

2011, ll w by h C y w h 6,200 s. i s xph h n h F w ll c s pply

p h c b B .

fuTuRe Supply uRbAn bAngKoK


4/12

th cc p cy h S b b B w s h h h s ,ll w by h e s F o C y - e s s. th p s v

s h e s F h s l p p l wly l ch

p j c S s . th o n -B x s l s cl s h c l p a s 2011 h s sp - p

o C y - e s .

LPn h b sp h c hs q 2011 w h h p j c s w l c s, l h h b h

l c s S b b B . LPn l ch w p j c s hs . L p V ll L s l B S h v 105 r h s

1,028 s sh w h h h s - p l s 100%. a h

p j c by LPn s L p C w n S h , l c Sr , w h l 593 s h h h s -as s l LPn l ch w p j c , L p C w nS h 2 pp s h s p j c w h 750 s. th w p j

h s h h - p .


AveRAge SAleS pRopoRTIon of newly lAunCHed unITS In Q1 2011 by loCATIon

TAKe-up

lAunCHeS wITH HIgH TAKe up RATeS In Q1 2011




5/12COLLIERS INTERNATIONAL | P. 5

u d l h 2 @ B s S by g u L v C ., L . s l c P ch ch r h s l c u d l h @ B s

S w h l 645 s h S b b B h h - p h 80% sh ly h l l



AveRAge SellIng pRICeS of newly lAunCHed pRojeCTS by loCATIon, Q1 2011

th v s ll p c h C y s h h h s h tHB95,000 p sq , h w v h s s ly 13% l w h h vs ll p c 2010. th s w s l ss p s s p j c s b

l ch Q1 2011. th v s ll p c h n h F e s F s s l h l p c h

ss s sys p v h .




th - p p j c s h 1,000 s h BtS /mrt sys s w s h h h s , 50%. P j c s l ss h 200

s h ss s sys h h l w s - p ,

b c s l h h h p j c s cl s h BtS / mrt l s, hs ll p c w s h h h h s.

th v s ll p c p j c s h 200 s BtS / mrt l s w s h h by 55% - 134%, wh ch c ly c

- p .



TAKe-up RATe of newly lAunCHed pRojeCTS by pRoxImITy To exISTIng mASS TRAnSIT

lIneS, Q1 2011

AveRAge SellIng pRICeS of newly lAunCHed pRojeCTS by pRoxImITy To exISTIng mASS

TRAnSIT lIneS, Q1 2011

mASS TRAnSIT effeCT


7/12

HouSIng loAnS foR peRSonAl ConSumpTIon exTended by fInAnCIAl InSTITuTIonS

S c : B th l C ll s i l th l r s chn : excl s l bl s c h s c s. P c ch s c p bl q - -q .

th w h h s l s c s h 3% Q3 2009 Q1 2010 b c s h v s c v s c b y s p ch s s by h s c q 2010. th s b s

h s l s h p c p h p s. th l s 4Q 2010 c s h 2%, h w l - -vl s h B th l h c J y 1, 20


fInAnCIng





STRengTHS

th s by l , l s v l p s w h sp c s h b l . th s s c s sc l , p v c p s p j c s h l v

c s. H w v s ll pl y s c s ll s cc ss lly h c v c v y h x.

H hly p p l c h s xh b s s w ll s qc v h h s h p ss h lp p h p c

h p l b y s s h lp s l h .

d v l p s c s s ph csw h c s ly s ph s c b wh ch l v s h b y

xp c . g s h v b p c q l ysh w s h p v b y s w h b s h h p c s

h y s b y .

weAKneSSeS

S c p j c s B w s b s l p eia (e v l i p c ass ss ) pp v l, h yp j c s c ch h s f pl , c h

b f s s c ply v b c c lll h , l h h h y y h v s l l y. eia pp v l s

h c c s b y s y v l p s w v seia pp v l h s v s l .

oppoRTunITIeS

th c B h s w, sp c lly lh w BtS x s l s h h c y. ev llyh h h l s h c y h l ly l p p y w ll

b h s y w s l v l p s ch p lp c s.

B s h c p l c y th l c w s y p pl h p s th l v l v BF s b y s s ll p c h sp

h l w h .

d ph cs ls p w b pl s 50-y -b y s wh y b s p b q l y s l c s c s sp p w x c p

h c .

i h l , h aSean v h c c l w l hy v ls h s c s p ch s h

s B wh h y l ly p . th s h l h l h 2010s. F h

b s p s l v s s i Ch .

THReATS

th hq my m ch 2011 w s h b th l c s h h- s b l s Bth y h s s , y p pl w w b h s

h h- s b l s B h s c ly c h c p pl s b y c . al h h v l p s c h h w p j c s w s , s b

s ll p s p h c s . al h h s hp c h s b cl c s c p s h py s, x c c h s b s bl sh s w

x b l c w hs 5.0 hq s s y. H w v , B s l c hq

c ly b l w hs w c .

C y p c s c s f c p p lc c w h, h p ss s s s s c l

v h h .

SwoT AnAlySIS




AppendIx


10/12

ZonIng

HISToRICAl Supply by yeAR

CumulATIve Supply In bAngKoK




11/12

CITY AREA

th c v s j c b c p s b- s: h S h vs c c p s S h v r b w S 1 S 55 h

h S 2 S 38 h s h; h C l L p s ccl Phl Ch r , r i r , S L s , S S s ,

Ch l r , r ch r , W h y r r ch p sr ; h S l / S h s c ; h r v s s c hCh Ph y r v l Ch r Ch r ,wh s v l v -s h ls l c . th C y s c v

b s ss , xp s s s, b c s s p x y y c b l s, l l c l c s.

CITY FRINGE AREA

th s c v s h p s B :

n rth r fri :

th s s c c v s h BtS s r ch h w S

m Ch S h h h mrt s P ch bs B s s h h.

S th r fri :

th s s c c v s n h w r ch r , Ch r ,S h p r , Ch r r iii r l h ChPh y r v .

east r fri :

th s s c c v s h BtS s th L S on S h s , r iV r P ch b r ,

th s c v s l c s w h h w l c l s cc v sp . H w v , c s q

cc ss h c l b s ss s.

OUTER CITY AREA

th c v s w p s B :

o t r Cit (east):

th s s c s s h x s h BtS o n S h B b y h s .

o t r Cit (w st):

th s s c s s h x s h BtS t s B W s , wh ch cl s h k th b r ch ph r P ch s s c .

SUBURBAN BANGKOK

th s h v s s h s l y . exp h ss s sys s h c s

s pply p c l . th xp s o n S Ps sch l b c pl 2011. th xp s h BtS w

b c ly h s c s, s w ll c sc sp c s s . th s w ll c h v

w c s h s . S b b B p sb s h p p s s h s p cl s Bc ys l w (k h r s b y ). th s l ch s c p h s v w pl c ls s c b l h

h c p j c s h .




12/12

CollIeRS InTeRnATIonAl THAIlAndmAnAgemenT TeAm

ProJeCt SaLeS & marketingm ch o w p s | S m

reSidentiaL SaLeS & LeaSingn p sw Ch ph | n

oFFiCe & induStriaL SerViCeSn r s v ph | S m

retaiL SerViCeSash w W ch | S m adViSorY SerViCeSn p t ch | ass c d c

reaL eState management SerViCeSB Ch y | ass c d c

adViSorY SerViCeS | HoSPitaLitYJ m c g | d c

inVeStment SerViCeSn S w l | ass c d cW s r jj l | S m

reSearCH

a y P c | ass c d cS ch k ch p | S m

VaLuation & adViSorY SerViCeSn ch l s B w | ass c d cPh chs Ph h | ass c d cS p k h | S mW S s w | m

PattaYa oFFiCem B wl | S S l s mS p S j s | S B s ss d v l pm / o c m

CoLLierS internationaL thaiLand:

B ofc 17/F Pl ch C ,2 S h v r , kl y,B 10110 th lTel +662 656 7000fAx +662 656 7111emAIl . h@c ll s.c

P y ofc 519/4-5, P y S c r (opp s C l F s v lP y B ch), n p , B l , Ch b 20150

Tel +6638 427 771fAx +6638 427 772emAIl .p y @c ll s.c

ReSeARCHeR:

th la y P cass c d c | r s chemAIl y.p c @c ll s.c

ReSeARCHeR:

th lS ch k ch pS m | r s chemAIl s ch . ch p@c ll s.c

480 c s 61 c s 6 c s

th h l s c c ll s s v c s c p y

h w l th s c s c sc c l l s b

l b lly uS$2 b ll l v ov 2 b ll sq

ov 15,000 p ss ls

th s p h s ch ls y b w bs www.c ll s.c . h. Q s s l h sh l b c h r s ch d p h b c b v . th s c

b p p by C ll s i l v s l ly. C ll s is, p s s w s y , xp ss pl , h c

l , w s c , cc cy l b l y. a y s p y sh l hq s s h cc cy h . C ll s i l xcl s q v c lly ll

s, c s w s s h s c xcl s ll l b l y l ss s h . C ll s i l s w l w l p ly w p c p s.

acc l s cc ss.

u S s: 135

C : 39L a c : 17as P c c: 194emea: 95


Documents

Bangkok Condominium Market Report Q1 2011 | Colliers International Thailand