Condos
- Property News
Russian, Chinese investors drive Phuket property market
The Phuket property market is on fire now, with the help of Chinese and Russian investors. Chinese buyers are reportedly increasing their investments, buying up villas, shophouses, and even orchards, to cater to Chinese tourists. Russian property investors are also contributing to the surge in demand for villas and homes in Phuket. While Russians are interested in buying pool villas,…
- Covid-19 News
Ready-to-move-in condos in Thailand attracting Chinese buyers
The Covid-19 pandemic has driven many Chinese nationals to speed up their relocation to Thailand, with the majority looking to buy ready-to-move-in condos. Kashif Ansari, the CEO of Juwai IQI Group, a real estate marketing firm in China, reckons that Chinese buyers are in a rush to make their move to Thailand right away, instead of waiting for two years.…
- Economy News
Thailand’s real estate sector did not fully recover in 2022
Thailand’s real estate sector did not fully recover in 2022 due mainly to the economic downturn along with higher inflation and interest rates. The war in Ukraine has not helped. But while the recovery was not all it could have been, the outlook for 2023 is more hopeful. Thailand’s Consumer Confidence Index stands at 47.9, the highest in 20 years,…
- 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…
- Thailand News
Top 10 nationalities buying condos in Thailand
Thailand’s Real Estate Information Centre (REIC) revealed the top 10 nationalities buying condos in Thailand in the first six months of 2022, with Chinese and Russian investors leading the way. In Thailand, foreigners are permitted to own 49% of the units in any condominium building. The remaining 51% must have Thai ownership. The Inspector-General of the Government Housing Bank and…
- 3D Virtual Tours & Walkthroughs
Virtual tours of 1 bedroom condos in Pattaya under $100,000
Pattaya offers an appealing lifestyle with its beaches, world-class restaurants, and a great selection of entertainment venues, from luxury shopping malls to lively nightclubs. In addition, the cost of living is lower than in Bangkok or more popular beach destinations like Phuket. You can definitely find a suitable 1-bedroom condo for under 100K USD offering upscale facilities and breathtaking views…
- 3D Virtual Tours & Walkthroughs
Virtual Tour: 2 bedroom condos in Bangkok for best value of money
As Thailand’s capital, Bangkok condos are generally more expensive than in other areas across the country. However, there are plenty of good deals if you’re looking at the right places! The property market in the city is currently very competitive. Thus, creating a very favourable market for those looking for a good deal. Whether you’re looking for a condo featuring…
- Property News
Pandemic causes surge in demand for larger living space
Property buyers in Thailand are becoming more interested in spacious homes. The surge in interest particularly started in the early days of the pandemic. During those days, buyers were on the hunt for properties that would allow them to live comfortably while providing more space for their families to work and study from home. According to CBRE’s report that came…
- Video
Thailand News Update | Thailand cuts quarantine time
Starting April 1, that’s next Friday, the mandatory quarantine period for unvaccinated travellers entering Thailand will be reduced to five days.International travellers will also no longer need to take a pre-travel PCR Covid-19 test. The new requirements are pending publication in the Royal Gazette and the official announcement is expected to be published before the end of the month. But…
- 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
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
Condominium sales slow down in Hua Hin and nearby coastal areas during pandemic
There’s a low demand for condominiums in the coastal areas of Hua Hin, Cha-am and Khao Tao. Only two new projects for sale were launched in the resort communities last year. Hua Hin, a seaside resort district in Prachuap Khiri Khan, about 3 hoursdrike south of Bangkok, is still a popular vacation spot, however, condominium sales there remained low throughout…
- Property
Demand for residential property returns to Phuket
After the Phuket Sandbox programme has seen 4 months since its commencement, it seems to have brought some life back to the island after almost 2 years of a stagnated economy. The Tourism Authority of Thailand says a total of 59,689 international tourists have visited the Andaman Sea vacation island under the Sandbox programme from July 1 to October 30.…
- Property
Characteristics of successful real estate agents in Thailand
Thailand has many properties that cater to all kinds of buyers. From luxurious condos in the heart of Bangkok to expansive villas on the islands, it is clear that the real estate agent market is in high demand. But, while some real estate agents merely act as a middle man for a quick sale, more reputable agents usually have a…
- Property
Senior citizen properties could be Thailand’s untapped market
Senior citizen properties could be Thailand’s untapped market, and it seems, one real estate company is catching on to the trend. According to Bangkok Post, Nye Estate Co, a subsidiary of property developer Narai Property Co, is renovating a suspended riverside condo building in Nonthaburi in order to develop independent living unit rentals for senior citizens. Chief executive Ornruedi Na-Ranong…
- Economy News
80% of condos in Thailand sold to foreigners, 50% China
A real estate firm is predicting that the market for condos in Thailand hot spots like Bangkok, Phuket, and Pattaya will be rebounding soon with the continued trend of foreign investment, a majority of which are Chinese. China has long been a driving force in purchasing condos in Thailand. The business development manager of Saensiri is predicting the uptick once…
- Thailand News
Thailand News Today | No vaccine, no flight, protest latest, smoking ban | November 25
The latest on today’s protests and the background as to why the protesters moved from the Crown Property Bureau. All on Wednesday’s Thailand News Today. Protesters flip the location of today’s protest. Counter protests planned. Protesters moved the location of today’s protests to the the headquarters of Siam Commercial Bank in Bangkok. When protesters heard about a counter rally to…
- Thailand News
Thailand News Today | German Embassy rally, permanent residency prospect, crowds in Pattaya | Oct 26
Today’s latest news from The Thaiger, looking at the latest in the protests, a surge of crowds in Pattaya and the latest proposals from the Thai government to increase a new stream of revenue. Permanent residency, changes to quarantine period – Government mulls strategies to revive economy Thailand’s energy minister has outlined a number of new strategies the government is…
- 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…
- Video
Thailand News Today | Waiting for vaccine, new face of Thailand expats, teacher complaints | Oct 1
Daily Thai news on The Thaiger. All the latest information about Thailand, Monday to Friday on Thaiger News Today. Thailand beaches may limit visitors until Covid-19 vaccine is available Beaches and national parks might not fully open to international tourists until a Covid-19 vaccine is available. The claim comes from the Tourism Council of Thailand president. Around 120 to 150…
- Thailand News
Thai condo developers clearing inventory rather than starting new projects
“With waves of uncertainty and financial stress crashing into the market from the COVID-19 pandemic, most residential property developers have decided to postpone their plans.” CBRE, the international property consultants, reports that most Thai developers are postponing the launch of new condo projects to focus on clearing existing stock. Discounting completed projects to generate quick revenue as a financial lifeboat…
- Expats
Property investors offered access to Thai developer discounts – Thaiger Flash Sale
PROPERTY EVENT Today is the start of The Thaiger Property Flash Sale. It’s only for 24 hours (starting at midday today). The Thaiger has teamed up with fazwaz.com for this first-of-a-kind event. When in a buyer’s market, that demand should be catered for, with discount offerings a key driver of success. The level of discount will depend on the developers’…
- Events
4 reasons why you should register for this Thursday’s Thaiger Flash Sale
THAI PROPERTY EVENT THIS THURSDAY Real estate experts are sounding the alarm… property prices are starting to drop! And The Thaiger Flash Sale, in conjunction with fazwaz.com is giving you the chance to own your dream home with the biggest discounts ever seen, all in one place for just 24 hours. The Thaiger Flash Sale, happening this Thursday, June 18,…
- Thai Life
Chulalongkorn University defends shrine demolition for new condos
Bangkok’s Chulalongkorn University is defending its plan to demolish a historic Thai-Chinese shrine on its grounds to clear the land for high-rise buildings with condominiums and dormitories. A statement from the university’s estate office says the Chao Mae Tabtim Saphan Luang Shrine will be rebuilt at a new location close to the original site within 6 months, with a re-opening…
- Business News
Developers need to clear stock, heavy discounting in property market
ADVERTORIAL Property prices are expected to decline by double digits in the next few months as Thailand’s property developers begin to offer more sales incentives in response to post Covid-19 markets. A recent survey by leading property portal FazWaz indicated that 50% of Thailand’s property developers are considering discounting at least 20% off minimum benchmark prices. Brennan Campbell, CEO at…
- Economy News
Thailand’s property market set to experience brokerage megashift
by Bill Barnett It’s clear that Thailand’s real estate sector is expected to undergo a megashift as a result of the Covid-19 pandemic and search for a ‘new normal’, if that’s even possible. That said, one of the country’s leading PropTech groups FazWaz says the crisis has only accelerated dynamic charges to the sector that have been bubbling to the…
- Things To Do
The top 10 most expensive condominiums in Bangkok
Bangkok is never short on luxury condominiums, and one new project keeps overtaking the others, in terms of price and amenities. Here are the 10 most expensive condominium units in Bangkok for sale, in 2020. The most expensive condominium on the list is priced at 650 million baht (20 million US$). Which one is for you? No.1 98 Wireless –…
- Property
Condo developers allow transfer delays for Chinese buyers, due to slowing sales
Thai property developers are sharpening their pencils on sales and allowing variations to contracts on some deals to accommodate some of the challenges posed by the coronavirus outbreak. Now some developers in Thailand have started to extend the transfer period from 3 months to 9-12 months for Chinese clients, according to Angel Real Estate Consultancy. Chinese buyers have paid 30%…
- Property
Major condo developers in Bangkok are looking for rental clients
As sales have taken a nosedive since last year, major condominium developers in Bangkok are looking for rental clients. As an example, L.P.N. Development, which developed condominiums and houses under the Lumpini brand, is offering newly-launched condos for rent. The company plans to attract tenants by offering lower or slightly lower rents than the market price for a 3 year…
- Business News
10 proven tips to sell your property quickly in Thailand
Selling property can be a headache, especially when you sell in an unfamiliar market like Thailand. However, it doesn’t have to be like that. There are several fool-proof ways we have gathered from experienced agents at Thaiger Property in Thailand to help you increase your viewings and sell your property faster. 1. Have the right attitude Thailand is a buyer’s…
- Property
Property Perfect launch promotion to boost flagging condo sales
Thailand’s property market will grow only 3 – 5% this year and the condo market is likely to end up 25% down – the executive director of Property Perfect claims it’s the the most severe situation in 10 years. The Nation reports that Wongsakorn Prasitwipat is primarily blaming the loan-to-value measures imposed by the government on Thai banks last April, along…
- Bangkok News
Bangkok land prices plateau, new tax on the way
Land prices in the Thai capital are forecast to plateau, or even drop this year. This would be the first time in more than ten years that Bangkok’s land prices have levelled off. So what is causing the sudden surge in land becoming available? Property and real estate consultants say the changes can be blamed on the general economic slowdown…
- Property
14% of condos around Bangkok are empty – good time to buy
Looking for a condo around Bangkok? Now might the right time to take the plunge with the head of the Appraisal and Estate Agents Foundation saying some areas have between 8-14% vacancy rates, some areas of Bangkok up to 17.5%. Dr Sophon Pornchokchai made the remarks at a news conference yesterday. “Adding developer price wars, plus inducements to purchase, this…
- Phuket News
Kamala development is positive – a personal view
This week The Thaiger posted a few photos and prediction that the vacant corner, as you drive into Kamala from Patong, was going to another backwards step to the sleepy seaside town. The post provoked a lot of comment, including this one. The author’s identity has been hidden. What do you think about his response? https://www.facebook.com/thethaigerphuket/posts/1636282186509280?comment_id=1636333889837443&reply_comment_id=1638894932914672¬if_id=1565318229144276¬if_t=feed_comment “The funny thing about…
- Phuket News
Laguna Phuket launch entry-level condos
Laguna Phuket has launched a new entry-level condominium project named SkyPark. Pre-launch pricing ranges from 2.9 to 4.3 million baht for fully furnished units. The SkyPark development has three condominium blocks of approximately 140 units each, so 420 units in all. Unit types start at studios (28 square metres), one-bedroom (30-39 square metres) and two-bedroom (40-60 square metres). Features include rooftop…
- Business News
Ananda development pulls the plug on Bangkok condo project
Property developers Ananda Development have pulled the plug on the development of a condo project, Ideo Q Phahon-Saphankhwai, valued at 10 billion baht, and will refund down-payments made by customers who booked units since the April launch. Ananda Development’s chief strategy officer Sumeth Ratanasrikul says that the demand to buy the project at that location didn’t match with the concept design. “Since…
- Pattaya News
Mounds of trash found dumped near condo in Pattaya
PHOTOS: Law Enforcement Pattaya City Huge piles of trash have been found dumped behind a condo in Pattaya. Law Enforcement officials from Pattaya City report that they were notified by locals and tourists about the mounds of rubbish left behind a condominium in Soi Arunothia in Pattaya. There was old furniture, beds, plastic bags, food and other items. Pattaya Law…
- 1
- 2