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Old September 5th, 2012, 01:15 AM   #721
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Bhiraj Tower Taps Demand for Grade A Offices in a Tightening Market
CBRE Thailand — 4 กันยายน 2555 12:07




With the continued improvement in demand for office space in Bangkok, Bhiraj Buri Group has announced its new property development in the heart of Bangkok. The new project will be a grade A mixed-use development consisting of office and retail spaces for rent and will be named Bhiraj Tower.

Situated on the main Sukhumvit Road opposite the Emporium department store, Bhiraj Tower is a 45-storey building with a total lettable area of approximately 50,000 square metres. The building has been designed to meet international grade A standards, including a column-free layout offering an efficient 1,500-1,700 sq.m. floor plate, 2.85-metre ceilings, a modern lobby with double-volume ceiling allowing more natural light, and a state-of-the-art security and access-control system. In addition, Bhiraj Tower will feature a direct covered walkway from Phrom Phong BTS station connecting with its second floor, making access convenient for both tenants and visitors.

Mr. Nithipat Tongpun, Executive Director & Head of Office Services at CBRE Thailand, commented that Bhiraj Tower is the only new grade A office development that will be completed in the central business district (CBD) between now and the end 2014. As of Q2 2012, the supply of grade A CBD office space in Bangkok totalled 1.22 million sq.m., while the take-up in the area soared by 10.3% y-o-y. On the rental side, grade A rents in Bangkok rose for the fourth consecutive quarter, posting a gain of 2.9% q-o-q and 7.9% y-o-y and now are more than the previous peak in 1992. The lack of new supply and rent increasing has meant that office rentals are now rising to a level where it makes for some developers to building new grade A developments.

According to Dr. Prasarn Bhiraj Buri, President and CEO of the Bhiraj Buri Group – the developer of Bhiraj Tower, “We hope that this new landmark will add tremendous value to our community and the Bangkok skyline. With regard to the office market, we see a trend for greater demand for high-quality office spaces and facilities that genuinely support employees’ working environments and lifestyles.”

Currently, the construction work has already started and is expected for completion in Q1 of 2014.
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Old September 5th, 2012, 10:54 AM   #722
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Quote:
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Cabinet endorses development project in Siam Square
The Nation September 4, 2012 7:10 pm



Chulalongkorn University has won the Cabinet's approval for the development of its parking area, near Novotel Siam Square Hotel, into a commercial building which could require an investment of over Bt3 billion.

Deputy Government Spokesman Pakdeeharn Himathongkham said that the 34-floor building will have 7,315 square metres in usable space.

"The university’s study shows that if the building is operated as a hotel, the investment would reach Bt2.5 billion, with the 7.5-year break-even point. For an office building, it will require an investment of Bt1.9 billion, with the 11.14-year break-even point. In both cases, the annual rents payable to the university, as the land owner, are estimated to be Bt217.62 million for a 20-year leasing contract, Bt304.5 million for 25-year contract and Bt410.19 million for 30-year contract," he said.

The university has been waiting for the Cabinet’s approval for a few years, as joint private investment is sought. It will have to come under the Public-Private Joint Venture Act, as the project value exceeds Bt1 billion.

The Finance Ministry also instructed Chulalongkorn University to revise the revenue-sharing structure, suggesting that aside from land rents the university should enjoy parts of the above-forecast commercial returns. Currently, MBK Centre and Novotel Siam Square are also subjected to the same condition. It is also instructed to work with related agencies on how to ease traffic congestion and pollution in the area, once the project is completed.

The project is divided into two phases.

The first 10 floors with 50,000 sqm in space would be invested and managed by Chulalongkorn University. This will consist of commercial shops and parking lots.

The concession of the next 24 floors with 30,000 sqm will be awarded to a private developer, for the development as an office building or a hotel.
...
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Old September 7th, 2012, 04:27 PM   #723
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M Silom, 53 Storey : Silom



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Old September 7th, 2012, 04:29 PM   #724
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RHYTHM Pahol-Ari, 54 Storey : Paholyothin


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[IMG]http://******************/i/95e/irbTB.jpg[/IMG]

เครดิต Condo maniac http://www.prakard.com/default.aspx?g=posts&t=517047
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This thread has been very quiet lately..

update:






http://www.ap-thai.com/ap-projects/p...Phahon-Ari/64/
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Old September 7th, 2012, 10:43 PM   #725
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Bangkok | A Square Community Mall - Sukhumvit 26

Map :


Plan :



Renders :



An An Lao


Cyber Square


Yunomori Onsen & Spa + Gastronom Cafe & Baker


Flow House Bangkok


more pics from FB : Link

Pics :




Pictures belong to A Square's facebook page and to Flow House Bangkok's facebook page
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Old September 8th, 2012, 02:21 PM   #726
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Keyne, 28 Storey : Sukhumvit


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Lovely..
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Old September 8th, 2012, 02:24 PM   #727
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Rhythm Sathorn, 38+42 Storey : Sathorn

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Old September 8th, 2012, 10:14 PM   #728
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Hotel Indigo, 26 Storey : Wireless Road

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Taken on September 7, 2012
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Old September 10th, 2012, 10:09 AM   #729
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MRT Purple Line - part 3


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ศรีพรสวรรค์













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Old September 10th, 2012, 03:25 PM   #730
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BTS Skytrain Light Green Lines Extension - Part 2



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East Phase 2, Berring to Samut Prakan Province 13 Kms


http://www.greenline-extension.com/s...akan/index.php




E15 - E23


E17





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Old September 11th, 2012, 11:27 AM   #731
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MRT Blue Line extension Part 2






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10/09/2012

Blue Line extension between Bang Sue Station and Tao Poon Station












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Old September 13th, 2012, 01:38 PM   #732
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BTS Skytrain Dark Green Lines Extension



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South Phase 2, Taksin to Bangwha 5.3 Kms

http://www.taksinskytrain.com/index.html

Pics by BlueDragonExp


http://www.skyscrapercity.com/showpo...&postcount=342

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S9







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Old September 13th, 2012, 09:46 PM   #733
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image hosted on flickr

http://www.flickr.com/photos/oaddd/7...n/photostream/
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Old September 14th, 2012, 09:38 AM   #734
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BANGKOK | Up | 30 fl | U/C

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Name : UP
Location : Sukhumvit 65, Ekkamai
Developer : Angpao Asset PCL.
Project Description : 30 Storey Condominium Tower
Launch : November 2010






posted by Chad

http://www.facebook.com/photo.php?fb...type=1&theater
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Old September 14th, 2012, 06:44 PM   #735
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BANGKOK | Magnolias Ratchadamri Boulevard | 239m | 784ft | 57 fl | Prep



http://www.skyscrapercity.com/showth...e=3&highlight=


MRB, view from Royal Sport club



https://www.facebook.com/media/set/?...type=3&theater
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Old September 14th, 2012, 06:51 PM   #736
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Be the First to Preview Show Suites of Magnolias Ratchadamri Boulevard
• Luxury homes along Bangkok’s most prestigious boulevard, in the same compound as the "Waldorf Astoria Bangkok"
• Sat 15 - Sun 16 September 2012 at 10am - 7pm

For more project details, visit http://bit.ly/OIDjte or call +66 2652 2111






http://www.facebook.com/surawat.hant....Condo.Society
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Old September 15th, 2012, 08:34 AM   #737
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Living in Bangkok by Photos by HPD, on Flickr
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Old September 15th, 2012, 08:35 AM   #738
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The Heart of the City by Photos by HPD, on Flickr
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Old September 18th, 2012, 01:12 AM   #739
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Old September 18th, 2012, 01:14 AM   #740
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MAHA NAKHON-The Ritz Carlton Residences+Edition Hotel, 77+8 Storey-314 M : Sathorn

Sep 16th, 2012

image hosted on flickr


image hosted on flickr


posted by pop in the international tread
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