condo
- Crime News
Condo stabbing in Pathum Thani: Two injured, suspect falls to death
A stabbing incident in a condo in the Bangkok Metropolitan Region province of Pathum Thani on September 10 left two people injured. The 19 year old victims, Waranthorn and Panita, both university students, suffered knife wounds. The suspect, 21 year old Aphiwat, fled the scene but was later found on the building’s rooftop. Officers Theerasak Thantho and Kawinwet Wiriyasiriphakdee, along…
- Business News
CPN plans 3 billion baht expansion of Phuket condos
Central Pattana (CPN), a company listed on the Stock Exchange of Thailand (SET), announced its intentions to introduce two additional phases to its condominium project, Phyll Phuket, near Central Phuket Floresta. The Phuket condos expansion, which includes nearly 700 units worth a total of 3 billion baht, is set to launch in the forthcoming year. This decision is motivated by…
- Business News
Bangkok’s condo market: Buyers rush for ‘ready-to-move’ amid sales slump
The second quarter of this year witnessed a significant slump in sales for newly launched condominiums in Bangkok. Buyers, gripped by mortgage rejection fears, exhibited a strong preference for ready-to-transfer units. Tritecha Tangmatitham, Managing Director at Supalai, highlighted that a staggering 70% of condo sales in the current year have been for completed units, underscoring a marked shift in consumer…
- Pattaya News
Daria’s Pattaya condo fall: Arrest warrant denied for person of interest
A new wrinkle in the investigation concerning the tragic death of a Russian woman, Daria Iuzifiak, after her fall from a Pattaya condo window, raises questions. The Pattaya Provincial Court refused to issue an arrest warrant for a person of interest due to a lack of substantial evidence tying him to the fatal fall. The Russian woman, simply identified as…
- Chiang Mai News
Police say woman found dead in Chiang Mai condo wasn’t murdered
UPDATE Despite police saying that they assumed the woman found dead in a condo room in Chiang Mai, northern Thailand, this morning was murdered by her foreign husband, they are now saying she was not murdered at all. Pol. Lt. Col. Phirom Yosalai, an inspector at Mae Ping Police Station, said the woman is expected to have died from an…
- Thailand News
Tenant leaves condo in shocking state after not paying rent for 4 months
The owner of a luxury condominium reported a shocking discovery after opening a rented room to find it packed with garbage. The tenant, a beautiful young woman, had been renting the room for four months and claimed she was unable to clean it up because she had undergone breast augmentation surgery. Yesterday, the owner of the high-end condominium reported via…
- Bangkok News
Bangkok’s luxury condo market is booming
Bangkok’s luxury condo scene is booming with rent at some high-end condominiums now hitting 100,000 baht per month, reports BangkokBizNews. Sanchai Khu-Ekachai, Director and Head of Research and Consulting at Knight Frank Thailand Co., Ltd. said… “The condo market began to recover because of demand from foreigners affected by the Russia – Ukraine war, especially condos in Bangkok. Russian tourists stimulated…
- Thailand News
Thailand’s top 10 most expensive condos
Thailand is home to 15 condominium projects selling condo units for more than 50 million baht each, according to the Agency for Real Estate Affairs (AREA). Matichon reports that the President of AREA’s Thai Real Estate Research and Valuation Information Centre, Sophon Pornchokchai, revealed on Tuesday that the most expensive condominium unit in Thailand is worth a whopping 887.2 million…
- Phuket News
Russians own 40% of foreign-owned condos in Phuket
Thailand’s Real Estate Information Centre (REIC) reported that Russian citizens own nearly 40% of foreign-owned condominiums in Phuket, worth a collective 880 million baht (US$25). In Phuket, Russians have overtaken the Chinese as the No.1 condo buyer. Since Russia invaded Ukraine on February 24 last year, Thailand has become a refuge for Russian citizens, as reported by Al Jazeera. The…
- Pattaya News
Raging fire at Pattaya condo sends hundreds evacuating
A raging fire at a Pattaya condo sent hundreds evacuating in the early hours of this morning. Over 200 residents of the Amazon Residence Condominium were evacuated, and at least five people were injured. The condo is located on Soi Wat Boon Kanjanaram 5 in the Nong Prue sub-district of Bang Lamung. Four people suffered smoke inhalation, and one foreign…
- Ask an Agent
How to find the right real estate investment opportunity in Thailand
Are you looking for the perfect real estate investment opportunity in Thailand? If so, there are several important steps that you need to take in order to ensure you find the perfect opportunity. Researching the market, identifying your investment goals, networking with local professionals, utilizing online resources, and visiting potential properties are all essential steps that can help you identify…
- Property News
Top 5 foreign nationalities buying condos in Thailand in 2022
Chinese nationals bought the most condos out of any foreign nationality in Thailand this year despite the difficulties posed by Beijing’s strict Covid-19 restrictions, which are finally easing up after three years. In Thailand, foreigners are permitted to own 49% of the units in any condominium building. The remaining 51% must have Thai ownership. Although fewer Chinese bought condos in…
- World News
Gunman kills 5 in condo shooting near Toronto
A gunman killed five people in a shooting at a condominium near Toronto, Canada. The gunman, 73 year old Francesco Velli, fatally shot five people before police killed him. The incident happened in the city of Vaughan on Sunday night. The five people who Velli brutally killed include three men and two women. Velli also injured a 66 year old…
- Destination Guide
Best neighborhoods to reside in Bangkok in 2023
Bangkok is one of the most exciting cities in the world and a great place to live. With its vibrant culture, amazing food, and friendly people, there is something for everyone. From the bustling streets of Chinatown to the chic shopping malls of Sukhumvit, Bangkok has something to offer for all types of lifestyles. Whether you’re looking for vibrant nightlife,…
- Bangkok News
Floods leave cars underwater at Bangkok condo
In the relentless flash flooding ravaging Thailand, the water level at a car park at a condominium in the Bang Khen district of Bangkok reached new heights on Saturday night. In eerie photos posted by the Facebook page ‘Survive – Sai Mai must Survive,’ the roofs of cars in the basement car park on the Theparak – Phahon Yothin Road…
- Crime News
Condo technician tries to rape teenage student in central Thailand
A condominium technician tried to rape an 18 year old woman who asked him to let her into her room after she lost her key card in Nonthaburi province, central Thailand. The girl’s elder sister filed a police report on her behalf at Bang Bua Thong Police Station yesterday at 4.30pm, providing CCTV footage recorded on August 19 at 9pm…
- Crime News
Tenant fined 140,000 baht for keeping dog in Bangkok condominium
South Bangkok Criminal Court has ruled that a tenant who violated condominium rules by keeping a dog in the apartment must pay a 141,500 baht fine and interest of 5% per year until the sum is paid in full. The decision comes after the condo filed a lawsuit against the dog owner in December last year. On top of the…
- Ask an Agent
4 tips about buying a condo in Thailand
Buying property in Thailand requires some good advice and a bit of reading-up before plunging yourself into the hundreds of opportunities, around the country. Condos, which a foreigner can own the freehold, have the potential to yield a good profit for your investment. Most condos have relatively low maintenance costs and the ability to use the property for residential or…
- Property News
RGP adopts cost-saving tactics to sell condos for 1.2 million baht
Regent Green Power, a property developer known for inexpensive apartment units, is fighting back against the universal cost of living crisis to make prices more affordable for consumers. The Bangkok-based property business says it can build condominiums priced at or lower than 1.2 million baht, for about 25-30 square metres, in areas less than 500 metres from mass transportation. How…
- What you get for $X
What $300,000 buys you for a condo in Bangkok, Pattaya, Chiang Mai and Phuket
The typical home price in the United States is around $300,000. But have you ever wondered what kind of condo that amount of money can get you in Thailand? Let’s take a virtual tour of some condos around Thailand within the $300,000 price range! 1. Rhythm Sathorn – Narathiwas, Bangkok Price for sale: $284,000 (฿9,800,000) Take a Virtual Tour Situated…
- Ask an Agent
5 hottest locations for property investment in Bangkok 2022
If you’re planning to make a property investment in Bangkok, you might be wondering which part of the city is the best to invest in. As a property investor, you need to buy in a location where you can maximise your returns via rental yields and capital appreciation. After all, the location where you buy will determine the property’s desirability, demand,…
- Special Features
Top 5 condos in Bangkok with stunning river views
Bangkok offers a variety of condos boasting beautiful views of city scenes and natural landscapes, including the charming Chao Phraya River. Flowing through the heart of Bangkok, the Chao Phraya River offers one of the most beautiful sceneries in the city. That’s why condos around the river are popular among those who want to have stunning views right outside their…
- Bangkok News
Thai woman survives fall from 26th floor
A Thai woman is seriously injured after falling from the 26th floor of a condominium in Bangkok at around 2am on Sunday. Rescue teams arrived at the scene within 5 minutes, but the woman had to wait until 4am to receive treatment at the hospital, according to the rescue team. The woman suffered multiple broken bones. Erawan Emergency Centre took…
- Property News
Inflation forces real estate developers to readjust prices
To compensate for the sluggish real estate market after prices have risen due to higher costs caused by the Russia Ukraine war, real estate developers should downsize unit sizes and readjust some features. Furthermore, in order to avoid incurring greater costs as a result of the new tax, real estate developers will be more selective when purchasing property for their…
- Property
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 a result, the prices of…
- Property
Thailand developer Sansiri to focus on low-end, affordable apartments in 2022
Sansiri says it will put lower-end apartments on the market a month before they are finished, and will collaborate with banks to secure the transfer of units with reduced mortgage loan rejections. The approach can assist the company in achieving sales and transfers in lower-end sectors with greater mortgage rejection rates than others, according to the assistant executive vice-president for…
- Property
AP to launch 5 condo projects for 13 billion baht in 2022, early pre-sale gains
AP Thailand is planning to develop 5 apartment complexes at a projected cost of 13 billion baht in 2022, citing a significant increase in presales in Bangkok’s condo market in Q1 this year. The chief of the condominium business group says the condominium market in Bangkok has shown positive signs in the last six weeks, with AP registered 1.08 billion…
- Property
Large apartments in high demand in Bangkok, despite higher prices
The resale market is predicted to see steady strong demand for larger condominium units this year, despite higher prices for smaller units in new Bangkok developments. CBRE Thailand stated apartment buyers were seeking bigger apartments in popular locations at reasonable rates, the Bangkok Post reported. Consumers of resale condos like spacious properties with a separated workstation from the lounge. These…
- Property
Thailand real estate prices expected to rise in 2022
Since the first quarter of 2020, the home price index has been declining while new home prices have increased. Several pandemic-related factors are to blame, including an increase in the costs of fuel and construction materials, along with higher inflation and a labour shortage. The compounding of these pressures mean real estate prices in Thailand are ready to rise in…
- Property News
Property juggernaut AP Thailand to launch 65 projects costing B78 billion in 2022
Property developer AP Thailand is expected to unveil a whopping 65 new projects valued at 78 billion baht this year, the most in the Thai real estate market, with units ranging from approximately 1.9 to 50 million baht each. The company’s confidence in the first quarter signals good news to investors in the SET-listed company, which is currently ranked No.…
- Property
Property Spotlight: Plum Condo Bangyai Station in Nonthaburi
If you’re looking for an affordable condo to rent or buy north of Bangkok that’s within easy walking distance of public transportation, then Plum Condo Bangyai Station might just be the perfect property for you. Located at 133/38 Mu Ban Ban Bua Thong Road, Bang Rak Phatthana, Bang Bua Thong District in Nonthaburi, the condominiums project is just a 10-minute…
- Property
Chinese buyers dominated Thailand real estate market in 2021
The acting director of the Real Estate Information Centre (REIC), Wichai Wirattaphan, has stated that Chinese nationals accounted for nearly 60 percent of condominium purchases in Thailand in the first nine months of 2021. The statistics released by the REIC show that foreigners from the following five nations were the top investors of properties in Thailand: China, Vanuatu, United States,…
- Property
Property Spotlight: Notting Hill Sukhumvit – Praksa
Notting Hill Sukhumvit – Praksa is a 35-floor condominiums project managed by Origin located in Samutprakan, the province directly south of Bangkok. It’s a popular choice for commuters and young professionals in the area looking for modern conveniences at an affordable price point. Community Located within walking distance of Phraek Sa station, three stops from the southern end of the…
- Property
10 year high: Real estate price spike in Singapore
Last year, Singapore home prices rose to their highest level in more than a decade, boosting the island state’s government’s decision to impose “cooling” policies that will hopefully help the Singaporean property market’s stability. According to estimates released by the Urban Redevelopment Authority on Friday, prices increased by 10.6% in 2021. This is the highest level since 2010, when they…
- Property
Top 5 property developers in Thailand 2022
The Thai capitol of Bangkok is a sprawling metropolis that’s constantly under construction. At any given moment, you’ll find roads torn up for repairs, jamming traffic for kilometres on end; the elevated concrete backbones of new sky train lines being built in the middle of already too-narrow streets; and countless apartment complexes under construction, towering more than 30 stories high,…
- Pattaya News
Third foreigner this week dies from building fall in Pattaya
Less than one week after a 72 year old foreigner fell to his death from a popular unnamed Pattaya condo building, a second similar incident occurred. This time, a 64 year old Norwegian man believed to be an expat was found dead after his fall last night from his 5th-floor condominium in Jomtien. Once again, there was no immediate sign…
- Bangkok News
Security guard wanted in Bangkok condo rape case arrested in Sa Kaeo
The Bangkok security guard wanted by police for allegedly raping a Bang Khae condominum resident three days ago surrendered to police in the eastern Sa Kaeo, bordering Cambodia. The head of security at the Bangkok condominium, 40 year old Montri Yaikrathog, allegedly went into a tenant’s room, handcuffed her, and sexually assaulted her. The 36 year old woman told police…
- 1
- 2