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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How living the dream became a nightmare for Phuket property buyers
Dreams die hard, even in a pandemic. But for thousands of Phuket property buyers who invested in the promise of a tropical dream with endless sunsets, the stone-cold reality of failure is just starting to hit home. Amidst a backdrop of rusting steel, decaying concrete, and empty construction sites lays the dark side of the …
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What makes Phuket one of the best destinations in the world to retire
Have you been dreaming of spending your retirement years in a tropical paradise? Would you like to escape the hustle and bustle of busy city life? If the answer is yes, then Phuket can be a fantastic destination for you. There are so many excellent reasons to retire in Phuket. With its gorgeous beaches, lively …
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Exclusive lifestyle: Most prestigious condominiums in Bangkok 2022
There is never a lack of luxury apartments in Bangkok, and each new complex surpasses the previous in terms of pricing and facilities. Here are the topmost prestigious apartment units for sale in Bangkok in 2022. The most expensive apartment on the list is worth 450,000,000 million baht ($13,088,817 million). Check out the list below: …
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Location location location: “So why Cherngtalay, Phuket’s northwest coast?”
Popular tourist spots in Phuket include Patong, the old town, and Phromthep Cape, which are all on everyone’s bucket list. Undoubtedly, visiting one of these popular destinations is fun and exciting, but the crowds can be overpowering at times. For a refreshing change of scenery, visit Cherngtalay, one of Phuket’s hottest neighbourhoods filled with charm …
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Rental demand soars, as Phuket real estate returns to fundamentals
Urban flight has driven Phuket’s once investment-focused property market in an entirely new direction. This seismic shift has resulted in a dramatic return to real estate basics. Focusing on the pandemic era of the past two years, a constant flow of new incoming residents from both abroad and Bangkok has seen the scales tip, as …
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What is the procedure for purchasing an off-plan property in Thailand?
Purchasing an off-plan property is an excellent option for investors who want to obtain a property in Thailand. With an off-plan property, you can enjoy numerous benefits and flexibilities. For example, you can choose the best units and have the freedom to modify the unit you want to buy. Buying off-plan in Thailand also gives …
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Top reasons to buy properties in Thailand 2022
While Thailand is one of the top tourist destinations worldwide, it boasts an excellent property market! Well, there are plenty of compelling reasons to buy property in Thailand. First off, Thailand is a fantastic area to live in; the Land of Smile boasts world-class beaches, profound nature and exciting cityscapes. The best part is that …
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Live a millionaire’s lifestyle at MontAzure
Sponsored Article MontAzure Elevate your standard of living by residing at one of Asia’s most breathtaking residential developments. MontAzure, nestled against the soft sands of Kamala Beach, is the ultimate luxury destination. It is located on Phuket’s pristine west coast. MontAzure is a perfect location for those looking to make the most of Phuket’s sophisticated …
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Duplex condominiums in Bangkok offering high quality living 2022
Duplex condominiums are becoming popular in Bangkok because it offers more space and privacy. Many Bangkok developers are now including duplex condominiums in their developments, providing an alternative to traditional layouts and increasing the number of units available to buyers. With so many duplex condo choices to choose from in Bangkok, picking the right one …
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Do I need a bank account in Thailand to buy property?
One of the most commonly asked questions is whether a foreigner needs a Thai bank account when buying real estate. This is essential to understand to ensure everything goes smoothly and your money doesn’t get ‘stuck.’ Purchasing property in Thailand as a foreigner requires due diligence and a thorough understanding of the buying and selling …
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Have a furry friend? Here is a list of pet-friendly condos in Bangkok
Living in Bangkok can be very exciting; the city is packed with entertainment and restaurants and is home to more than 10 million people. However, the metropolitan city is not the most pet-friendly city globally, so finding an ideal home for you and your furry friend might be challenging. In some instances, you might be …
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Top 5 villas in East Coast Phuket specially chosen by CBRE
Sponsored Article Possessing some of the world’s finest beaches, with water that is crystal clear, powdery white sand, and a landscape sprinkled with coconut palm trees, Phuket is a paradise the modern traveller cannot afford to miss. While the west coast has long been famed for its beaches, it would be a mistake to overlook …
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Bangkok real estate developer confidence dipped in Q1 due to supply chain woes
Thailand’s home developer sentiment index was 47 in the first quarter of 2022, compared to 52 in the fourth quarter of 2021. The reason for the dip in confidence? Russia’s war in Ukraine, of course. The ongoing conflict has significantly influenced the cost of petrol and numerous construction supplies, notably steel, which has seen a …
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Thailand real estate sales projected to stay strong in 2022 — CBRE
CBRE plans to sell 14 billion baht in real estate this year, representing a 15% increase year on year, with luxury low-rise residences and resort villas being the main sellers. The company reportedly made 12 billion baht from real estate sales in 2021, an increase of 30% from the previous year. Luxury low-rise homes and …
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Nawarat to launch 2 projects at 2 billion baht in 2022
After a two-year break, contractor Nawarat Patanakarn aims to launch two new home projects costing nearly 2 billion baht in 2022. The new developments will be close to existing ones that are nearly sold out or have a high demand. The company aims to earn 600 million baht by year’s end, a conservative estimate well …
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The Standard to debut second Thailand hotel in May
The Standard is a decorative American hotel company recognized for its creative approach to hospitality. The company will debut its newest Thailand hotel at Mahanakhon in Bangkok on May 11. It will be the brand’s flagship hotel in Asia, with 155 rooms and a variety of international cuisine. Booking began last month. The brand’s shiny …
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Neighbourhood Guide: Asoke, Bangkok
Bangkok can be a challenging city to explore due to its wide variety of neighbourhoods. One of the busiest and most dynamic areas is Asoke. There are many words to describe it Asoke. Some label it as a prime hangout spot, while others call it the central business district. Either way, it’s a central location …
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Unsold properties saturate Thailand real estate market, may breach 1 trillion baht
Developers of residential properties in Thailand should exercise caution when announcing new properties this year, as their collective plans represent the largest amount of new properties in more than a decade, warns Asia Plus Securities. Meanwhile, unsold properties present a high level of risk and might exceed a total value of 1 trillion baht. The …
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Frasers to invest 10 billion baht in industrial space, ‘new economy’ by 2025
Frasers Property Industrial aims to invest 10 billion baht to expand its industrial buildings from 3 to 4 million square metres by 2025, with 50% of new projects directed at the “new economy” category, according to the Bangkok Post. FPIT expects to continue its dominance by expanding its market share to 60% — up from …
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Thailand condo market improved slightly in 2021, despite cautious expat buyers — CBRE
Thailand’s condominium market saw a modest improvement in 2021, despite the overall “sentiment” remaining low with a lack of foreign buying power. That’s according to a report by CBRE, which measured the pandemic’s effect on the country’s economy, customer confidence, spending power and an oversupply of options. The report found that fewer international investors has …
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Marriott launches new hotel in Pattaya, plans to expand in Thailand this year
Marriott International aims to launch 7 to 8 new locations in Thailand in 2022 as part of a five year goal to add 33 new properties. But several bigger projects may take longer to complete. Among the new developments set to debut this year in Bangkok is an Autograph Collection hotel at Sukhumvit Soi 53, …
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5 smart devices to customise your property in Thailand
When it comes to different types of smart home devices, there’s a huge selection across a wide price range. Adding gadgets you can operate remotely will make your house a little more manageable a lot more automated. So pimp out your property with these 5 tech items for a smarter home. Google Nest Mini The …
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CBRE recommends top 5 luxury condominiums in Phuket with fantastic locations
Luxury condominiums in Phuket are an appealing alternative to villas or houses because you can purchase them on freehold, which means that the condos are 100% in your name. It is just like owning a property in your own country. Luxury condos also typically feature their own private pools, as well as a broader range …
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Singha Estate to invest B11 billion in projects in 2022, targets hotels and offices
Thailand property giant Singha Estate says it wants to invest 11 billion baht in new and current projects in 2022, aiming for a 73% increase in revenue — as soon as global tourism improves. Of that figure, some 4 billion baht will be reserved for fresh plots of land for low-rise housing developments aimed at …
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Central Patana to open largest mixed-use project in Chanthaburi
Central Pattana is set to unveil Central Chanthaburi — the largest and most comprehensive mixed-use development in eastern Thailand. The complex, which is scheduled to officially open on May 26, will exemplify the company’s mixed-use project model in urban cities to strengthen the local economy. Central Chanthaburi is anticipated to be a new city landmark, …
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Singapore home sales down 22%, as expat workforce hits 12-year low
Home sales in Singapore have fallen to their lowest rate in nearly 2 years, as cooling policies and rising property taxes slowed the residential market. The number of foreign white-collar professionals working in the city-state has also reached a 12-year low. The poor property sales reflect a lack of consumer confidence after the Singapore government …
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Siamese Asset plans 6 residential properties, targets healthcare and foreigners
Siamese Asset plans to build 6 new residential properties in the Bangkok area for a total cost of more than 11 billion baht, including properties that would provide nursing care for the elderly and rehabilitation clients. Siamese Taling Chan is one of the new projects the company has envisioned for the healthcare sector in 2022. …
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Thailand self-built home costs to rise at least 5%, as metal and fuel prices spike
The prices of self-built homes are projected to rise by 5-8 percent, spurred by rising metal and fuel costs in the wake the war in Ukraine. Since Russia began its invasion of Ukraine last month, metal prices have increased by 50%. Key construction materials, various metals account for some 20% of home building costs. As …
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Thai steel producers brace for higher production costs, slower market
Thailand steel producers are preparing for the fallout of higher steel prices and growing demand from Asia in the wake of Russia’s invasion of Ukraine. Within a week, the world market price of steel billet rose to roughly US$800 per tonne, up from $650 per tonne, EAF Long Product Steel Producers Association committee member Pravit …
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Sansiri to launch 28 low-rise properties in 2022, bolstering ‘affordable’ housing in Thailand
Thailand real estate developer Sansiri says it aims to launch 28 new projects worth 39 billion baht in 2022, more than double last year’s figure, citing its growing confidence in low-rise housing projects for the domestic market. Last year, Sansiri’s presales for low-rise properties totalled 22.4 billion baht, comfortably exceeding its goal of 20 billion …
