Condominium
- Hot Property
Meet Utopia Corporation, the real estate developer building dreams in Phuket
Phuket has always been a place of dreams. With its golden beaches, turquoise waters, and rich culture, it’s no wonder people from all over the world are drawn to its shores. But what if this island could offer more than a luxurious escape? What if it could provide a home for everyone, where living is not just about comfort but…
- Hot Property
Why more professionals and families are choosing Phuket for their holiday escapes (and why smart investors are buying in)
Phuket is a paradise for all. The sandy beaches allow kids to run free, enabling the parents to take in the sun and relax on pristine beaches whilst the temples and markets somehow make everyone who visits fall in love with the simplistic lifestyle. There’s more than enough luxury to make it all feel like a once-in-a-lifetime experience. But in…
- Thailand News
Pattaya couple left unconscious by ‘space cookies’ at condo
Pattaya’s peaceful night was shattered when an early-morning rescue mission unfolded in a local condo. A frantic mother called the Rescue Centre in the early hours of yesterday, November 25, fearing her daughter had been drugged and was lying unconscious in a condominium on Soi Wat Boon Kanjanaram, South Pattaya. Police and rescue teams rushed to the scene. Upon reaching…
- Bangkok News
Thai man falls to death from condo near Bangkok, motive unknown
A Thai man fell to his death from the 11th floor of a luxury condominium in the Mueang Thong Thani neighbourhood in the Pak Kret district in Nonthaburi province near Bangkok. Officers from Pak Kret Police Station, along with the Institute of Forensic Medicine and the Por Teck Tung Foundation, responded to the incident, which occurred at around 2pm, yesterday,…
- Lifestyle
What can a foreigner own in Thailand?
Ranked as the 6th most expat-friendly country globally, Thailand offers a welcoming environment for international citizens, though some legal restrictions do apply. While Thai law places certain limitations on foreign ownership and investment, these regulations vary depending on the type of asset or business venture you’re interested in. Whether you’re an expat looking to invest in Thailand or planning to…
- Bangkok News
Bangkok condo construction accident injures six, halts project
A construction accident at a condominium site in Bangkok resulted in six workers being injured when a dust barrier collapsed from the sixth floor. Four of the workers sustained serious injuries. The project has been temporarily halted pending a thorough investigation. At around 6.30pm yesterday, November 6, police officer Sombat Saengmanee, along with other police, was notified of an accident…
- Property
5 best areas to live in Pattaya
Pattaya, a lively coastal city on Thailand’s eastern Gulf, is a place where the sun shines brightly on stunning beaches and the nightlife buzzes with energy. It’s a city that truly caters to a variety of lifestyles—whether you’re a retiree seeking peaceful days by the sea, a family in search of a friendly community, or a young professional looking for…
- Thailand News
Fire at Bangkok condo leaves three with smoke inhalation
A fire broke out in a condominium in Bangkok, prompting a swift response from firefighters. Three individuals, including a pregnant woman, suffered from smoke inhalation. Yesterday, September 25, the Fire & Rescue Thailand Facebook page reported a fire at a condominium in the Bangkok Noi area of the city. The incident was notified to police at 8.29pm via the 199…
- Pattaya News
Lao man dies after 12th floor fall in Pattaya amid partner argument
A Lao man tragically died after falling from the 12th floor of a condominium in Pattaya following an argument with his partner. The incident occurred at 3.36am yesterday, June 25, at a condominium on Thappraya Road in the Nongprue sub-district, Banglamung district, Chon Buri province. Pattaya police, along with rescue workers, promptly arrived at the scene after being notified. Police…
- Thailand News
Ashton Asoke condo in Bangkok faces legal issues
The Ashton Asoke condominium project, worth 6 billion baht (US$168 million), in Bangkok’s Watthana district is facing a serious threat of legal action if a solution isn’t reached within the next three months, a court official has stated. The dispute stems from a Supreme Administrative Court ruling last July that cancelled the building permit for the property due to the…
- Thailand News
Thai condo market surge fuelled by visa-free policy and Chinese
The Thai condominium market is experiencing a surge in activity, largely due to a permanent visa-free policy for Chinese nationals, which has led to a significant increase in property purchases by foreigners. In the first three quarters of the year 2023, foreign buyers transferred ownership of 10,703 units valued at 52,259 million baht (US$1.46 million). This momentum is expected to…
- Thailand News
4 year old boy falls to his death from 23rd floor of Bangkok condo
Tragedy struck the Jomthong district of Bangkok yesterday when a four year old boy fell to his death from the balcony of a 23rd-floor condominium on Rama II Road. The family had only just moved into the condo on the day of the heartbreaking incident. Bangmod Police Station officers visited the 26-storey condo at about 4pm yesterday after receiving reports…
- Thailand News
Scope Langsuan penthouse frenzy: Bangkok’s priciest pad finds a buyer in a flash
A penthouse at Scope Langsuan in Bangkok swiftly changed hands for 436 million baht (US$11.832 million) just one week after hitting the market, setting a new record as Thailand’s most expensive condominium. Scope Langsuan is a collaboration between Scope Company Limited and SC Asset Corporation Public Limited. The condominium is positioned as an ultra-luxury residence targeting an international premium group,…
- Crime News
Thonglor murder: Teen son arrested for suspected hammer killing of French father
A violent incident unfolded in a condominium in Thonglor, as police arrested a 19 year old half-Thai man suspected of killing his French father with a hammer. The Thonglor murder took place in Phra Khanong district yesterday. Deputy Investigation Officer, Sirichai Kaewprasit of Khlong Tan Police Station, acted on the report of the murder in a townhome on Soi Pridi…
- Bangkok News
Ashton Asoke condo’s fate lies in legal interpretation
The fate of the troubled Ashton Asoke condominium hinges on the interpretation of three pertinent sections of the prevailing law, as explained by the Bangkok Metropolitan Administration (BMA). In a clarification of the circumstances surrounding the Ashton Asoke condominium dilemma, the Deputy Governor of Bangkok, Wisanu Subsompon highlighted the relevance of Sections 40, 41, and 42 of the Buildings Control…
- Bangkok News
Ashton Asoke condo sees possible building permit resolution
The Bangkok Metropolitan Administration (BMA) revealed a potential solution for the Ashton Asoke condominium, following a unanimous ruling by the Supreme Administrative Court to revoke the building permit. The BMA is ready to allow the condominium to apply for a new construction permit, after making necessary changes to entrance and exit points. The BMA reported that Chadchart Sittipant, Governor of Bangkok,…
- Destination Guide
What you need to know before residing in Hua Hin 2023
If you’ve heard whispers of Hua Hin, you’d be picturing pristine beach getaways enveloped in an aura of tranquillity. Unlike the bustling hubs of Pattaya and Phuket, Hua Hin retains a serene, unspoiled charm that’s truly captivating. This enchanting coastal city resides approximately 200 kilometres south of Bangkok, and not surprisingly, it’s a favoured retreat for locals and foreign visitors…
- Bangkok News
Bangkok condos face decline as Gen Z opts for renting, shifting focus to Gen Y
Bangkok and its surrounding provinces are experiencing a decline in condominium transfers as the younger generation, Gen Z, is opting to rent rather than purchase properties. The ttb analytics centre predicts a 12.5% drop in transfers this year. Experts advise developers to attract Gen Y buyers with high financial readiness. In their recent analysis, ttb analytics pointed out that condo…
- 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…
- 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…
- Special Features
Top 7 condos in Bangkok with glamorous city views
Besides access to top-notch amenities, proximity to entertainment and business districts, and good security, living high up in a condo in Bangkok also allows you to enjoy the fabulous urban skyline as your view. Plus, since there’s no other building blocking your views, this means that you get to have lots of light pouring into the windows. But of course,…
- 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…
- Special Features
Top 5 condominiums in Central Bangkok near BTS skytrain 2022
One of the key things people in Bangkok love in a property is proximity to the BTS Skytrain. Ride-hailing apps like Grabcar indeed make getting around the city easier. But with Bangkok’s notorious traffic, nothing beats the convenience of living near the BTS Skytrain, especially within walking distance to one of the stations. Below, we’ve compiled 5 outstanding condominiums in…
- Phuket News
UPDATE: Woman falls from Phuket condo, 3 foreign suspects refuse to speak
UPDATE #2: Three foreign suspects refuse to speak about Russian woman who fell from Phuket condo The 3 foreigners who were drinking with Evegeniia on the night she fell from the 8th floor of a condominium in Phuket have so far refused to give any information to police about what happened. On the night of Evegeniia’s death, 3 foreigners were…
- Phuket News
UPDATE: Woman falls from Phuket condo, 3 foreign suspects arrested
UPDATE: Police arrest 3 foreigners in relation to death of woman who fell from Phuket condo The woman who fell from the 8th floor of a condominium in Phuket and died yesterday morning has been identified as 37 year old Evgeniia Smirnova of Russian nationality. Police have arrested 3 foreigners who were staying in the same apartment with Evgeniia, inlcuding…
- Phuket News
Foreign woman falls from Phuket condominium in potential murder case
A foreign woman fell from the 8th floor of a condominium building in Patong, Phuket, and died in the early hours of this morning. Police are not ruling out murder because the woman was found clutching a clump of hair in her right hand. Her identity and nationality have not yet been confirmed. At 4:20am today, Patong Police Station received…
- Ask an Agent
Can Non-Thai nationals get financing to buy property in Thailand?
There are a few ways foreigners can use finance to purchase property in Thailand. If you’re an expatriate who owns a business in Thailand or you are currently working on a job that pays well, there is a possibility that you can borrow money against your company in the form of a mortgage to buy a home. However, since each…
- Special Features
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 can be a long and…
- Property News
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 below its 690 million baht…
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