Condominium
- 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,…
- Bangkok News
Bangkok’s Ashton Asoke in legal crisis over construction permit
The 50-storey Ashton Asoke Condominium in Bangkok, an impressive high-rise establishment, is in hot water. After a recent judgement by the Supreme Administrative Court revoked its crucial construction permit, the Governor of Bangkok, Chadchart Sittipunt, faces increasing pressure to intervene. This decision escalates the ongoing legal conflict involving the 233 billion baht project, located in the Watthana district. This judgement…
- 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…
- Destination Guide
Experience luxury living in Laguna Phuket
Laguna Phuket is a stunning area located on the west coast of Phuket, Thailand. It is an ideal destination for property buyers looking for a luxurious, tropical lifestyle. The area is renowned for its stunning beaches and lush, tropical rainforest. With a range of amenities and activities, Laguna Phuket provides an idyllic setting for those looking to purchase a property,…
- 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…
- Supalai Icon Sathorn
What makes Supalai Icon Sathorn the ideal property choice
Sponsored Article Looking for your ideal high-class luxury property in Bangkok? If yes then we’d like to introduce you to Supalai Icon Sathorn, a high-rise luxury condominium located in the heart of Bangkok. This property was awarded the winner of the Asia Pacific Property Awards 2020-2021 prize for mixed-use development in Thailand. The development consists of both commercial buildings as…
- 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…
- MontAzure
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 resort lifestyle. It is a…
- 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…
- Property News
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 word of caution comes as…
- Property
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 compounded the situation. Foreign buyers,…
- Property
Sena to expand housing, warehouse portfolio in 2022
Sena Development intends to expand into warehouses, serviced apartments and asset management in 2022, while also developing 49 new residential properties valued at 27.5 billion baht. This year, the company intends to venture into new sectors in order to increase stable earnings from regular income, with the majority of new operations connected firms that can help with property development, the…
- Property
Rent in Singapore reaches 7 year high, despite decreasing population
Home rentals in Singapore, already among the world’s most expensive locales, have increased to a seven-year high, despite the city-state’s population decreasing in the last two years. The rental price index for private residential buildings rose to 114.2 in the fourth quarter last year, an increase of 9.9% compared to the same period last year, as demand outstrips supply, affected…
- Property
Origin to launch 31 projects, targets 17.5 billion baht
Developer Origin Property intends to introduce 31 new residential properties in Thailand totalling 42 billion baht, targeting 35 billion baht in presales and 17.5 billion baht in revenue, according to the Bangkok Post. Of the projects, 19 are apartments, costing a total of 28.6 billion baht, followed by 12 low-rise residences, costing 13.4 billion baht, says Origin’s chief executive. “The…
- 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
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
SC Asset to develop 27 domestic projects in 4 years, targets 100 billion baht in revenue
SC Asset Corporation aims to invest 40 billion baht to build new residential developments in Thailand totaling 130 billion baht between 2022 and 2025, with a revenue target of 100 billion baht over the next four years. Of the 130 billion baht the SET-listed developer intends to invest in new releases from 2022 to 2025, 20 billion baht would go…
- 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
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 in Southeast Asia. Spanning 72…
- Sponsored
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 between 1 – 3 bedrooms…
- Pattaya News
Australian dies after falling from Pattaya condo balcony
A 58 year old Australian man has died after falling from the 8th floor of a condominium in Pattaya last night. It happened around 10pm on Thappraya Road in Nongprue. The name of the condo has not been announced. Police and rescue workers arrived to find the condo residents gathered around the area where the man fell. The body of the…
- Property
Thailand’s property market waits for an end to Covid-19
The Coronavirus outbreak poses challenges for Thailand’s property market as potential Chinese condominium buyers remain stranded in China. Meanwhile, some believe that the outbreak may bring opportunities for non-Chinese buyers and in the long-run, the Chinese may be looking for an overseas refuge in the event of these types of emergencies popping up again Through all this, there will be…
- Expats
Expat shift drives changes in Bangkok’s condo market
Thailand’s dominant working expat nationality in past decades has been Japanese, currently making up 18% of expatriates in the country. But, while Japanese expatriate numbers are decreasing, a CBRE report notes that Chinese and Filipinos are on the rise. There were 28,560 Japanese expats in Thailand as of Q3 2020, just ahead of the Chinese expat contingent at 25,811. As China’s manufacturing has…
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