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- Thailand News
Fire destroys 13 rental rooms in Bangkok, residents relocated
A devastating fire engulfed a two-storey wooden house divided into rental rooms in Bangkok, destroying 13 rooms. Investigators suspect an electrical short circuit as the cause and have temporarily relocated the affected residents to Wat Don temple for shelter. The incident occurred at 12.20am today, July 12, when the Deputy Inspector at Yannawa Police Station, Phuriwat Jirakratathat, received a report…
- Thailand News
House collapses into Mae Klong River, owner narrowly escapes
A house collapsed into the Mae Klong River, causing a severe scare for neighbouring residents. The homeowner narrowly escaped being crushed by the debris, and a quick response prevented potential electrical hazards. Rescue workers from the Sawang Benjatham Samut Songkhram Foundation were alerted to the incident at 7pm yesterday. A single-storey wooden house located on Phet Samut Road in Mae…
- Guides
Benefits of sustainable housing for Thailand’s future
Thailand is in a position where sustainable housing can significantly enhance societal conditions. With the country’s uncertain infrastructure and considerable economic disparity, a large portion of the population struggles to maintain a decent standard of living. For the middle class, homeownership is becoming increasingly unattainable due to rising financial pressures. By addressing these challenges, sustainable housing has the potential to…
- Thailand News
Century-old heritage house on sale for 45 million baht in Bangkok
An almost century-old two-storey heritage house on the banks of the Chao Phraya River has sparked interest online after being listed for sale at 45 million baht. The property, boasting a land area of 200 square wahs (800 square metres), has been praised for its robust structure, despite showing signs of age. It was revealed today by a Facebook user,…
- Business News
LH Bank reveals strategy for mid-sized status by 2030
Land and Houses Bank (LH Bank), the financial subsidiary of property giant Land and Houses Plc (LH), unveils its ambitious plan to become a mid-sized bank by 2030. The bank’s strategy is founded on robust loan growth and an increasing income stream. LH Bank’s five-year business strategy involves a comprehensive restructuring of its loan portfolio, aimed at driving loan expansion…
- Thailand News
House in Bangkok deemed to have supernatural powers up for sale
A house in Bangkok, deemed to have supernatural powers, has garnered viral attention as it goes up for sale. The supposedly supernatural house costs 33.3 million baht (US$934,500) and claims to see the past and future. Furthermore, allegedly, it can warn of potential dangers and make lottery predictions. A black hole is also claimed to be seen. A Facebook post…
- Thailand News
Thai man returns temple toy after son sees ghosts
News emerged that a 31 year old man returned a toy to a temple in Nakhon Nayok province after his son began to see ghosts. The boy’s father, Phonchai, and his family had visited the temple to pay respects and inadvertently took home a Hulk action figure which they believe triggered unusual happenings. The temple, Lam Bua Loi Temple in…
- Thailand News
Townhouse collapse in central Thailand raises safety concerns
A devastating incident occurred as a two-storey townhouse collapsed, causing damage to multiple properties in central Thailand. The calamity took place within the Teacher’s Village in Ban Khlong Suan, Phra Samut Chedi District, Samut Prakan last night. The authorities were alerted and emergency response teams were dispatched to assess the situation and provide assistance. The area, roughly 5 kilometres from…
- Thailand News
Chiang Mai property stirs online debate, selling dream or reality for 80,000 baht?
A plot of land, measuring just one square wah (equivalent to 4 square metres) and priced at 80,000 baht, has caused a stir on social media. The land, located in a village in Chiang Mai, comes complete with a groundwater system, a water tank, and a steel cage. The online Chiang Mai property post advertising the sale also included a…
- Thailand News
Public canal encroachment: Luxury Thai house to face demolition
The Kao Chi Chan Subdistrict Municipality issued an order for the demolition of a luxurious Thai-styled house, built over a public canal, within 30 days. The owner clarified that if they had known about the public canal encroachment situation, they would not have purchased the property in the first place. Following a complaint by locals from the Na Jomtien subdistrict,…
- World News
TikTok user uncovers valuable antiques in hidden fireplace safe in new home
A TikTok user discovered a hidden safe in her newly purchased house, a revelation that has received almost 100 million views. On her first day of moving in, the TikToker, @fireplacesafe, noticed something concealed behind the fireplace. According to the New York Post, before receiving the house keys, the woman had an intuition that there was something behind the wooden plank…
- Eastern Thailand News
Nightmare in Nikom Pattana: Man flees home as walls collapse in deluge
A young man was forced to flee his home in the middle of the night after the walls collapsed due to heavy rain, likening the experience to a tsunami scene in a film. While he managed to escape with two dogs, he called on the media to report the incident as he was unsure of his legal rights and who…
- World News
Couple uncovers century-old secret well beneath kitchen floor during renovation
A couple discovered a secret well over 100 years old hidden under their kitchen floor while renovating their recently purchased home. The well, with a depth of six metres, dates back to the reign of Queen Victoria. The couple, 28 year old Emma Harrison and 27 year old Rhys Stainer from the United Kingdom, found the unexpected secret beneath the…
- Cannabis News
Rejected cannabis bill causes strain amongst government coalitions
A recently-rejected cannabis bill has caused strains between government coalition partners, with its creating party blaming political motivations for its denial. The bill was introduced to the Thai House of Representatives but was shot down by a 198 to 136 vote. Critics of the bill point toward its loose wording, saying it could allow young people to use the drug…
- Thailand News
Cannabis bill quashed by vote in House
A newly-proposed cannabis bill has been quashed as the Thai House of Representatives voted on its withdrawal. The bill was shot down after a 198 to 136 vote in the House. Lawmakers say the bill needs to be revised as its wording was regarded as “loose and could potentially expose youth to health risks.” The bad news is that if…
- 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…
- Property News
Thailand real estate sales projected to stay strong in 2022 — CBRE
CBRE plans to sell 14 billion baht in real estate this year, representing a 15% increase year on year, with luxury low-rise residences and resort villas being the main sellers. The company reportedly made 12 billion baht from real estate sales in 2021, an increase of 30% from the previous year. Luxury low-rise homes and villas have increased in popularity…
- 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…
- Destination Guide
Neighbourhood Guide: Asoke, Bangkok
Bangkok can be a challenging city to explore due to its wide variety of neighbourhoods. One of the busiest and most dynamic areas is Asoke. There are many words to describe it Asoke. Some label it as a prime hangout spot, while others call it the central business district. Either way, it’s a central location in the heart of Bangkok…
- 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
Singha Estate to invest B11 billion in projects in 2022, targets hotels and offices
Thailand property giant Singha Estate says it wants to invest 11 billion baht in new and current projects in 2022, aiming for a 73% increase in revenue — as soon as global tourism improves. Of that figure, some 4 billion baht will be reserved for fresh plots of land for low-rise housing developments aimed at the upper end of the…
- Property
Singapore home sales down 22%, as expat workforce hits 12-year low
Home sales in Singapore have fallen to their lowest rate in nearly 2 years, as cooling policies and rising property taxes slowed the residential market. The number of foreign white-collar professionals working in the city-state has also reached a 12-year low. The poor property sales reflect a lack of consumer confidence after the Singapore government raised taxes on high-end residences…
- Property
Siamese Asset plans 6 residential properties, targets healthcare and foreigners
Siamese Asset plans to build 6 new residential properties in the Bangkok area for a total cost of more than 11 billion baht, including properties that would provide nursing care for the elderly and rehabilitation clients. Siamese Taling Chan is one of the new projects the company has envisioned for the healthcare sector in 2022. It would be a combination…
- Property
Sansiri to launch 28 low-rise properties in 2022, bolstering ‘affordable’ housing in Thailand
Thailand real estate developer Sansiri says it aims to launch 28 new projects worth 39 billion baht in 2022, more than double last year’s figure, citing its growing confidence in low-rise housing projects for the domestic market. Last year, Sansiri’s presales for low-rise properties totalled 22.4 billion baht, comfortably exceeding its goal of 20 billion baht by 12%, according to…
- Property
Thailand homebuilder Seacon aims for 28% sales growth in 2022
Thailand homebuilder Seacon Company Limited announced it expects a 28% increase in profits for 2022, hoping to make a staggering 2.4 billion baht in sales, as it prioritises luxury and high end properties. The ambitious sales target comes as Thailand’s first homebuilder company celebrates its 60th anniversary this year. Last year Thailand’s homebuilding business significantly improved with a market value…
- Property News
Property juggernaut AP Thailand to launch 65 projects costing B78 billion in 2022
Property developer AP Thailand is expected to unveil a whopping 65 new projects valued at 78 billion baht this year, the most in the Thai real estate market, with units ranging from approximately 1.9 to 50 million baht each. The company’s confidence in the first quarter signals good news to investors in the SET-listed company, which is currently ranked No.…
- World News
10 year high: Real estate price spike in Singapore
Last year, Singapore home prices rose to their highest level in more than a decade, boosting the island state’s government’s decision to impose “cooling” policies that will hopefully help the Singaporean property market’s stability. According to estimates released by the Urban Redevelopment Authority on Friday, prices increased by 10.6% in 2021. This is the highest level since 2010, when they…
- Property
Top 5 property developers in Thailand 2022
The Thai capitol of Bangkok is a sprawling metropolis that’s constantly under construction. At any given moment, you’ll find roads torn up for repairs, jamming traffic for kilometres on end; the elevated concrete backbones of new sky train lines being built in the middle of already too-narrow streets; and countless apartment complexes under construction, towering more than 30 stories high,…
- Ask an Agent
Property loans and LGBTQ+ couples in Thailand
In today’s modern world, many companies are accepting the status of LGBTQ+ couples. And, for purchasing property through obtaining a loan, many places worldwide recognise such couples’ unions as legal. According to the LGBT GDP, Wealth & Travel Data 2018 report by LGBT Capital, it is estimated that 6.5% of the world’s LGBTQ+ population reside in Asia. And, in Thailand,…
- News
Violent pro-Trump mob invades US Capitol building during debate
A violent insurgent mob, loyal to US President Trump, stormed the US Capitol building late Wednesday, Washington DC time, forcing House and Senate members to scramble into safe spaces within secret locations in the building. It was an astonishing bit to overturn America’s presidential election and circumventing the US democratic process. Elected representatives crouched under desks, even putting on supplied…
