property
- Thailand News
Property market measures to be discussed in Cabinet meeting
Ministers are set to review several measures to boost the property market at tomorrow’s Cabinet meeting, Finance Minister Pichai Chunhavajira announced. In a statement released today, November 4, Pichai revealed that the Finance Ministry will ask the Cabinet to approve 55 billion baht for low-interest home loans. These loans would be available for up to 3 million baht per buyer.…
- 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…
- Hot Property
Where you can get property in Koh Chang for a peaceful life
Dreaming of a tropical escape? Koh Chang, Thailand’s second-largest island, offers an idyllic setting for your dream house. Known for its lush jungles, pristine beaches, and lively marine life, Koh Chang attracts both tourists and expats alike. With its growing popularity, the island’s real estate market has seen a significant rise, making it an excellent time to invest. In recent…
- Special Features
Should you buy a condo near Bangkok’s BTS or MRT Stations?
The BTS (Bangkok Mass Transit System) and MRT (Metropolitan Rapid Transit) form the backbone of Bangkok’s public transportation system. They offer a fast and efficient way to get around the city. If you’re considering buying a condo in Bangkok, the idea of choosing one near these stations has likely crossed your mind. For many, the convenience of living near a…
- Property
Why you should invest in Bangkok’s real estate market now
Thinking about investing in Bangkok’s real estate market? You’re not alone. With its booming economy and lively tradition, Bangkok has become a hotspot for real estate investors worldwide. The city saw a remarkable 6% growth in property prices last year, attracting both local and international buyers. Bangkok offers a unique blend of modernity and tradition, making it an appealing destination…
- Business News
Understanding the costs of renting in Dubai: A guide for Thai expats
Particularly for Thai expats who might not be familiar with the local rental market, renting a property in Dubai can provide both an exciting prospect and a challenging process. Dubai presents a wide spectrum of properties, from opulent villas to trendy apartments, but it’s important to grasp the whole range of expenses required outside just the monthly rent. The article…
- Hot Property
The 5 best luxury villa rentals in Koh Samui by The Luxury Signature
Koh Samui has long been known as one of the world’s finest luxury travel destinations. Its pristine beaches, lush landscapes, and crystal-clear waters create an idyllic setting that attracts travellers seeking an escape from the everyday grind. And opting to stay in one of Koh Samui luxury villas means you can jump right into this paradise. Luxury villas on the…
- Hot Property
Luxury living in Bangkok: The best high-end condos available for sale
If you’re in the market for a luxury condo for sale in Bangkok, you’ll find no shortage of impressive options. The city is home to some of the most luxurious condos in Southeast Asia. Offering a lifestyle of exclusivity and convenience, these condos feature top-of-the-line facilities, impeccable designs, and lush green surroundings. However, while many condos are available across the…
- Property
Inside Etherhome, the 40-unit luxury seaview condo in Rawai, Phuket
Two qualities matter most in real estate: exceptional design and an enviable location. Etherhome Seaview Condo in Rawai, Phuket embodies both, and then some. Standing between lush greenery and the shimmering expanse of the Andaman Sea, this 40-unit luxury condo effortlessly combines modern sophistication with the natural beauty of its surroundings. Thanks to its location, Etherhome Seaview Condo provides easy…
- Events
Mind the Gap: Diversity leaders confirmed to speak at hospitality’s biggest gender equality event
Phuket Hotels Association, the non-profit organisation of hoteliers focused on creating a positive future for Phuket, and C9 Hotelworks, the award-winning hospitality consultancy, has confirmed the final line-up of speakers and moderators for this year’s edition of Mind the Gap: Women & Diversity in Hospitality, including some of the industry’s most inspiring female executives, entrepreneurs and diversity leaders. It can…
- Property
The investment potential of luxury properties in Phuket
Over the past decade, investors in Phuket have achieved significant financial gains, and there are still plenty of lucrative opportunities on the horizon. The island’s appeal continues to grow among international investors thanks to its competitive property prices, ongoing infrastructure development, and its status as a premier tourist destination. This trend is reflected in the rising interest in high-end developments…
- Property
Welcome to Wealthy Flow Asset
A leading real estate agency in Bangkok, proudly announces its exceptional range of premium property offerings designed to meet the unique needs of discerning clients. With over 11 years of dedicated service in the Bangkok real estate market, Wealthy Flow Asset has established itself as a reliable and professional agency known for its extensive portfolio and customer-centric approach. Are you looking…
- Property News
Phuket’s real estate world’s collide as off-plan sales flatten in wake of growing resales
Phuket’s massive influx of new real estate development is witnessing rising competition from the secondary marketplace. The collision between off-plan property sales and resales is inevitable given the sheer number of units being completed and a growing critical mass of older properties. Comparing primary and re-sale transactions on the island from the first four months of the year compared to…
- Thailand News
Land and building tax revenue to hit 43 billion baht this year
The Finance Ministry anticipates the land and building tax collection to reach 43 billion baht this year, marking an increase of 8 billion from the previous year due to the discontinuation of the tax discount. Finance Permanent Secretary Lavaron Sangsnit, speaking at a property seminar on the fifth anniversary of the tax’s implementation, revealed that the ministry is currently reviewing…
- Business News
Taxing times: Local governments urged to ‘build’ a better law
Local governments must take a more active role in revising the land and building tax law, which has been in effect for five years, according to the Director-General of the Fiscal Policy Office, Pornchai Thiraveja. Pornchai stated that the Land and Building Tax Act of 2019 grants local administrative organisations the authority to collect taxes to fund local development initiatives.…
- Thailand News
Taiwan haunted house listed for 10 million baht sparks debate
A 29 year old haunted house in Taiwan, listed for sale at 10 million baht after revealing a death occurred on the premises, sparked interest and a heated debate online. A real estate agent recently posted about the sale of a haunted house in a Taiwanese Facebook group, openly disclosing that a previous tenant died from a drug overdose in the…
- Thailand News
SC Asset introduces morning coin for real estate rewards
SC Asset Corporation Public Company Limited, under the stewardship of Natthaphong Kunakornwong, is embarking on a transformative journey as it enters its third decade, a period poised to redefine the company’s legacy. In a significant move, SC Asset unveiled an innovative utility token, Morning Coin, which promises to deliver extensive benefits to its clients. Homebuyers of SC Asset properties will…
- Property News
Updated trends in Phuket’s rental property market
Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID-19 pandemic experienced a sustained uplift and has continued to perform well. Despite a return…
- Property News
Inside the numbers: the potential of a Phuket property bubble
One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States in 2007. In other sectors,…
- Thailand News
Wallaya Chirathivat shapes Thailand’s retail industry
Thailand’s retail industry has been dramatically shaped by the innovative leadership of Wallaya Chirathivat, the President and Chief Executive Officer of Central Pattana Plc (CPN). As the head of one of the country’s most influential retail and property development firms, Wallaya’s strategies have led to significant advancements in the retail sector and her achievements have been recognised both locally and…
- Business News
Sena unveils rent-to-own strategy to tackle mortgage rejections
Sena Development, a publicly traded property developer, revealed new plans this month to rent and transfer ownership of its unsold condo units. This move is in response to a high rate of mortgage rejections. The company aims to enhance sales and revenue in the current year. Kessara Thanyalakpark, the managing director, stated that the innovative strategies would target two distinct…
- Thailand News
Myanmar millionaires’ property buying spree in Thailand skyrockets
Myanmar’s affluent elite have emerged as the unexpected champions of Thailand’s luxury property market, outspending even their Chinese and Russian counterparts. According to real-estate moguls Colliers, high-spending buyers from Myanmar have been swooping up lavish properties across Thailand’s bustling urban landscapes, becoming the new darlings of the country’s real estate realm. Karlo Pobre, the astute deputy managing director at Colliers,…
- Property News
Accor partners with Tytans Properties Development to unveil world’s largest Pullman in Cebu
Accor, one of the world’s leading hospitality groups, continues its rapid expansion in the Philippines with the signing of Pullman Mactan Cebu Hotel & Residences, which is set to become the world’s largest Pullman property. The signing of the beachfront destination represents a milestone for mixed-use lifestyle real estate in the Philippines, as a new generation of integrated resorts emerges…
- 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…
- Business News
NocNoc leverages AI for personalised consumer experiences with IPO planned for 2028
NocNoc, the e-marketplace specialising in home products and services, leverages artificial intelligence (AI) to deliver personalised online and offline consumer experiences. The platform is expanding into new lifestyle categories to tap into the home and living market, estimated to be valued at around 450 billion baht. Better Bee Marketplace Co, the firm behind the platform, anticipates an initial public offering…
- Thailand News
Thailand real estate danger zones: Under 3 million baht homes struggle to sell
The Real Estate Information Centre (REIC) identified ten dangerous zones for property development in Thailand, where houses and condominiums priced below 3 million baht are not selling. These areas require a selling period of between 30-78 months. The list, released today, includes Pak Kret and Khlong Luang, among others. Wichai Wiratkaphan, Inspector of the Government Housing Bank and Acting Director…
- Thailand News
Former Thai beauty queen faces fraud charges over bogus property rental
A beautiful businesswoman and former beauty queen stands accused of fraud and misleading the public after she allegedly rented out a house that she didn’t own. The arrest of Tetshinee (surname withheld) was made today, January 16, following orders from senior police officers. The 43 year old was charged with deceiving the public and importing false data into a computer system,…
- Ask an Agent
Your go-to guide to property taxes in Thailand
Buying property in Thailand is an exciting venture, whether for investment or because the beauty of this tropical country has captivated your heart. But how familiar are you with the property taxes in Thailand? The country’s tax system can seem quite complex for foreigners thinking of buying or selling property. However, it’s important that you understand it to ensure a…
- Property
A record is set with a groundbreaking 11 billion baht investment for Gardens of Eden
In a strategic move that underscores the burgeoning maturity of Phuket as a sought-after multicultural lifestyle destination, Amal Group of Companies has introduced Gardens of Eden on Bangtao Beach. This sprawling 73-rai luxury wellness residential and hospitality community is set to redefine large-scale developments on super prime locations on the island, with an investment capital of THB11 billion (US$315 million).…
- Thailand News
Ex-Labour Ministry secretary faces horror as 40 million baht property title deeds vanish
A former Labour Ministry secretary revealed a shocking case where his mortgage title deeds for a home and land worth 40 million baht have disappeared. The property, a 418 square metre lot in an upscale village in Nonthaburi province, was mortgaged to a reputable bank in 2003. Paisan (surname withheld) explained that he had been regularly servicing the debt, reducing…
