Condominium

  • 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…

  • 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

    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

    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,…