From ICONSIAM to One Bangkok: Mentabuild, the consultancy firm behind Thailand’s most ambitious developments
If you’ve ever set foot in Bangkok and looked up at its towering skyline, there’s a good chance you’ve seen Mentabuild’s work, whether you realised it or not. Founded over 40 years ago, this construction consultancy firm has played a big role in shaping Thailand’s...
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China’s Evergrande Group agrees to demolish 39 apartment blocks on Hainan Island
China’s Evergrande property mess just became a whole lot worse. Now shares in the indebted property group have been suspended after the developer was told to demolish 39 buildings in Hainan, the island off the southern coast of China in the South China Sea. To be clear, that is a demolition order for 39 under-construction …
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Discover MontAzure, Asia’s Ultimate Beachfront Community
Sponsored Article Nestled against the soft sands of Kamala Beach, on Phuket’s pristine west coast, MontAzure is the ultimate destination for those seeking a privileged lifestyle or an attractive investment opportunity. Exuding elegance and exclusivity, with international amenities and a timeless sense of style, this breathtaking residential development has elevated the standard of tropical living …
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A foreigner’s guide to buying a house in Thailand
The Thaiger recommends getting good advice on all matters regarding property in Thailand. Although buying a villa or house in your home country may also include the purchasing on the land where the house sits, there are restrictions to foreign ownership of land in Thailand. Currently, foreigners are not permitted to own land, but there are …
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Bangkok condo market making a comeback amidst the future of Asian megacities
A major property developer says Bangkok condos are making a comeback after 2 years of limited launches due to the Covid-19 pandemic. Supalai says December is the magic month for a comeback and has announced it is launching up to 4 new condo projects in Bangkok, worth an estimated 5.74 billion baht. Supalai Managing Director …
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Thailand’s 16th Annual PropertyGuru Award Winners
Thailand’s 16th annual PropertyGuru Awards has given Sansiri Public Company Limited the Best Developer award while other highly-reputable companies and developers took home other coveted awards. Established in 2005, the PropertyGuru Thailand Property Awards originated the PropertyGuru Asia Property Awards series, which has expanded over the years to cover 16 dynamic real estate markets, including …
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Demand for residential property returns to Phuket
After the Phuket Sandbox programme has seen 4 months since its commencement, it seems to have brought some life back to the island after almost 2 years of a stagnated economy. The Tourism Authority of Thailand says a total of 59,689 international tourists have visited the Andaman Sea vacation island under the Sandbox programme from …
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Characteristics of successful real estate agents in Thailand
Thailand has many properties that cater to all kinds of buyers. From luxurious condos in the heart of Bangkok to expansive villas on the islands, it is clear that the real estate agent market is in high demand. But, while some real estate agents merely act as a middle man for a quick sale, more …
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How to start hosting on Airbnb
If you are a traveller, chances are you have checked out Airbnb. And, if you haven’t, it is a great site to find a house or apartment to stay in longer term than a hotel in Thailand or elsewhere. The experience is often favoured as you can feel more at home during your chosen place …
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Crypto and digital nomads could boost Thailand’s real estate market
As cryptocurrency is the new payment option of the modern era, many real estate developers are now supporting their payments through it. And, as it is still new to the Thai real estate market, experts say its growth potential is huge. As it can serve as a new alternative to real estate trading, it can …
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How the Covid-19 pandemic has changed the face of properties in demand
The Covid-19 pandemic has definitely changed the face of many things, including that of Thailand’s properties in demand. According to CBRE, a leading international property consultant, the resumption of real estate activities is in the near future. As Thailand is currently easing entry restrictions, the consultant says it is only a matter of time when …
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Senior citizen properties could be Thailand’s untapped market
Senior citizen properties could be Thailand’s untapped market, and it seems, one real estate company is catching on to the trend. According to Bangkok Post, Nye Estate Co, a subsidiary of property developer Narai Property Co, is renovating a suspended riverside condo building in Nonthaburi in order to develop independent living unit rentals for senior …
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Thailand’s property market slated to return to pre-pandemic levels by 2023
Experts are pointing to 2023 as the year in which Thailand’s property market is expected to return to pre-pandemic levels. The estimation is sooner than previously thought, with the easing of housing loan regulations and the country’s reopening speeding up the recovery. Last month, the central bank relaxed mortage regulations to help revive the property …
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Supalai Oriental Sukhumvit 39 offers modern and luxurious living
Sponsored Article Looking for a relaxing experience and lifestyle in the heart of the city? If yes then Supalai Oriental Sukhumvit 39 might just be what you are looking for! Supalai Oriental is a high-rise condominium located at Sukhumvit 39. There are altogether 4 towers with 1,046 units and you have the options to choose …
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Government urged to simplify measures for foreign property ownership
Thailand’s government is being urged to simplify measures for foreigners who want to buy property. Such things as money transfers and more medical staff are among the measures that are being scrutinised as too stringent. The vice-chairman of the Board of Trade of Thailand, Atip Bijanonda, says these obstacles are making it hard for foreigners …
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Did the Sandbox impact on Phuket’s property market?
property newOver 42,000 travellers, in the months from July 1 to September 30, used the Phuket Sandbox as an international gateway to enter Thailand. For the island’s broad real estate sector, which has been challenged by the drawn-out, 18 months of the pandemic there have been a series of notable pivots within the residential property …
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Covid-19 has accelerated Thailand’s property market disruption by 5 to 10 years
Real estate experts say the Covid-19 pandemic has accelerated a great disruption in Thailand’s property market that was supposed to take place over the next 5 to 10 years. Now, however, experts say it will arrive sooner. According to managing director of Chon Buri-based property developer, Ratanakorn Asset Co., Jugkarut Ruangratanakorn, there are 10 disruptive …
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Thai residences must stay affordable to attract foreigners
The chairman of the committee for real estate development at the Thai Chamber of Commerce is warning that real estate property must remain affordable for Thais in order to attract foreigners. While the government has set out to attract talented foreigners to relocate to Thailand through new property ownership measures, the chairman, Issara Boonyoung, says …
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Thailand makes top 5 list of places to buy real estate overseas
Thailand has made number 4 on the list of best places to buy real estate overseas, according to LiveandInvestOverseas.com. As the overseas property market is booming, thanks to the Covid-19 pandemic, the website says such property stands out among others, as it is a hard asset that provides diversification of asset class and likely currency. …
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Chinese entrepreneurs betting on real estate ahead of reopening
Thailand’s scheduled reopening is just around the corner, and Chinese entrepreneurs have already begun placing bets on prized real estate. Some are plowing money into acquiring hotels, land, and other properties with record-low prices, thanks to the Covid-19 pandemic. Nancy Chen, a Fujian native, joins the growing number of Chinese who have decided to take …
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Property loans and LGBTQ+ couples in Thailand
In today’s modern world, many companies are accepting the status of LGBTQ+ couples. And, for purchasing property through obtaining a loan, many places worldwide recognise such couples’ unions as legal. According to the LGBT GDP, Wealth & Travel Data 2018 report by LGBT Capital, it is estimated that 6.5% of the world’s LGBTQ+ population reside …
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Bangkok sees strong, luxury condo demand in first half of 2021
Despite 2021 being considered worse than last year in terms of Covid-19’s economic toll, a leading international property consultant says Bangkok is still drawing investors. And, at a year on year increase of 26.8% for bookings, the interest in Bangkok’s new housing projects is showing no signs of waning. The first half of this year, …
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Why investing in Thailand property is a great idea
Besides being a tropical paradise, there are many other reasons to invest in Thailand property. As the country has shown strong and consistent growth in recent years, housing and land prices continue to rise. And, as many expats continue to choose Thailand, finding a dream home here at a fraction of the price is often …
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Buying a condo in Thailand: 4 things to know
As condos are increasingly becoming buyers’ favourite investments, their potential to yield a profit can be potentially quite high. From low maintenance costs to the ability to use the property for residential or investment purposes, condos can offer great value and accessibility. Here, we have 4 things that potential buyers should know before investing in …
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A guide to finding the best real estate agent for your property
Finding a real estate agent to help you sell your property is an important decision. And, it is apparent after a quick search on the internet, that there are many who offer world-class services. But, how do you know which agent follows through on their services offered? Or which agent makes the process the least …
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How to make the most out of a smaller living space
As condominium and apartment living are on the rise, their cozy atmospheres can also bring a bit of difficulty organising. But, before you decide to renovate or find another place that could be more expensive, take a look at our quick, DIY guide to maximise your living space. 1. Separate Your Living Space Instead of …
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Real estate trends across Thailand’s resort markets
Where are property investors looking in Thailand at the moment? How has Covid impacted the resort property markets of Phuket, Hua Hin, Pattaya and Koh Samui? Tim Newton speaks to Brennan Campbell, CEO of Thai proptech group FazWaz, in this rundown of current and future trends in Thailand’s most popular resort destinations. And there’s a …
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Inside story behind the Thailand property seachange
by Bill Barnett of c9hotelworks.com For Thailand’s real estate market, Covid-19 has brought massive changes in lifestyle and ongoing pandemic fatigue is pushing many domestic buyers to shift property investment preferences in favour of resort or countryside destinations. Whether you call it Plan B, a sea change or an escape plan, one thing for certain is …
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The ‘office’ is SO last century. Say hello to the world of remote working.
Do you work from home? Or can you work anywhere have a laptop and wi-fi? Are you a trader or selling stuff online? You’re part of a growing trend in modern work practices as the fancy city office becomes an expensive relic of the ‘old normal’. 2020 became the year of people working from home. …
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Future of Thai department stores is being redefined
While department stores have been a familiar destination for Thai people for many decades, CBRE, an international property consultant, is witnessing a decline in popularity and stunted growth, particularly in 2020 when Covid-19 adversely impacted the sector. CBRE believes that to adapt to e-commerce disruption and the changing consumer behaviour, department stores in 2021 (and …
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Bangkok’s commercial property market struggles through 2020
This year Thailand’s developers had to work around the effects of government lockdowns and restrictions because of the Covid-19 pandemic. Indeed significant changes have occurred to the commercial property market in Thailand. CBRE Research reports that the Bangkok office market suffered a significant change in the net up-take, whilst the retail market consumer confidence index …
