Condos
- Property
Why invest in luxury properties in Koh Samui
What comes to your mind when you think of Koh Samui? You’re probably envisioning a lush paradise filled with stunning beaches and majestic mountains. But it’s not just the breathtaking scenery that makes this island special and the best island in the Asia Pacific; it’s also the vibrant lifestyle and the luxury living that wait for you. Koh Samui, a…
- Thailand News
PM dismisses concerns over foreign condo ownership plan
Prime Minister Srettha Thavisin dismissed allegations that a government proposal to increase the foreign ownership quota in condominiums and extend land leases is akin to “selling off the nation.” “It is about long-term leases, not selling land. It has nothing to do with selling the nation.” Last week, the Cabinet ordered a study into raising the proportion of foreign ownership…
- Thailand News
Thai condo market hit by economic woes and Myanmar restrictions
The Thai condo market is experiencing a downturn due to the current economic situation, with banks tightening lending and household debt remaining high. The recent stringent regulations by the Myanmar government have further impacted sales, as Myanmar buyers are significant customers second only to Chinese buyers. Thailand’s real estate market has been negatively affected by the Myanmar government’s restrictions on…
- Thailand News
Thai woman plunges to death from 23rd floor of condo in Malaysia
A 32 year old Thai woman met her untimely demise after being allegedly pushed by her boyfriend from the 23rd floor to the seventh floor of a condominium in Setia Alam, Malaysia. Shah Alam OCPD Assistant Commander Mohd Iqbal Ibrahim disclosed that the authorities received a distressing report regarding the incident precisely at 10.02pm local time (9.02pm Thailand time) last…
- 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…
- 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…
- Thailand video news
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
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…
- 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…
- 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…
- 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…
- 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…
