property
- 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…
- Property
Real estate market trends in Thailand 2024 to 2025
Thailand’s real estate market is set to experience a transformative period from 2024 to 2025, driven by increasing foreign investment and a robust tourism sector. The Kingdom is becoming a hotspot for property investors seeking high returns and growth potential. With urbanisation accelerating, cities like Bangkok, Chiang Mai, and Phuket are witnessing a surge in demand for residential and commercial…
- 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
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…
- Thailand News
Khao Takiab: Thailand’s hottest condo spot
Khao Takiab in Hua Hin is soaring in popularity among condo buyers, emerging as one of Thailand’s most coveted locations, according to a recent report by Knight Frank. This vibrant seaside area has quickly become a top choice for local and international buyers. Knight Knox’s latest insights reveal four prime spots for riverside and seaside condos in Thailand: Charoen Krung…
- 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…
- 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…
- Property
How proptech shapes Thailand’s real estate future
Thailand is experiencing a pivotal technological transformation in the real estate sector, reshaping our understanding of residential and commercial spaces. With an increasing demand for innovative office solutions in Bangkok, traditional setups are transitioning to modern concepts such as hotdesking, collaborative team spaces, and telecommuting options. This progression towards smarter and more flexible space utilisation indicates a shift in workspace…
- 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…
- 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…
- 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…
- 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,…
- 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
Hong Kong court orders liquidation of China’s indebted developer Evergrande
China’s most indebted property developer, China Evergrande, was ordered to liquidate by a Hong Kong court today, a move that could potentially destabilise the already trembling Chinese capital and property markets. The liquidation process could be intricate due to the multiple authorities involved and the potential political implications. Following the order for liquidation, a provisional liquidator will be appointed, followed…
- 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…
- 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…
- Thailand News
Gang stole 12 million baht worth of property from vacant houses
A gang of thieves, responsible for stealing property from vacant houses listed for sale, has been apprehended by the police. The gang, led by 50 year old Suchat (surname withheld) who recently completed a 10-year sentence for similar crimes, also comprised 64 year old Manop, 46 year old Kachornsak, and 31 year old Adithep. Their haul, including valuables and antiques,…
- 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…
- Business News
Samyan Mitrtown thrives amid Covid-19 retail challenges, celebrates 4th anniversary
Fraser Property Commercial Thailand (FPCT) defied the odds with its mixed-use property, Samyan Mitrtown, thriving amidst the retail challenges brought about by the Covid-19 pandemic. Despite its initial launch shadowed by the established shopping culture of the Siam Square complex, Samyan Mitrtown emerged victorious, celebrating its fourth Anniversary in September with significant growth in foot traffic and a high occupancy…
- Ask an Agent
What are transfer fees in Thailand property purchase and who pays them?
Like any property market, purchasing property in Thailand will incur additional expenses and fees. Before buying a property, you might come across transfer fees, business tax, and stamp duty during your research, but what are they? And who’s responsible for paying them? Here’s what you need to know. Transfer Fee The Thailand Land Department charges 2% over the appraised value…
- Business News
Economic data in China sees Asian stocks surge, Thai shares dip
Asian stocks experienced a significant surge yesterday, a continuation of the global equity rally, following encouraging Chinese economic data that sparked optimism about the imminent culmination of major central banks’ tightening initiatives. Despite the overall momentum, Thai stocks saw a slight dip of 0.3% from the prior week, closing at 1,542.03 on Friday, with an average daily turnover of 46.97…
- China News
Chinese developer Country Garden secures bond repayment delay amid liquidity crisis
Chinese developer, Country Garden, has successfully secured creditor approval to postpone a critical bond repayment deadline, narrowly dodging a potential default. This agreement provides temporary relief amidst a liquidity crisis that has significantly impacted the nation’s financial markets. Country Garden gained enough support in a vote concluded yesterday to extend payments on the 3.9 billion yuan (18 billion baht) outstanding…
- Business News
Construction permit withdrawal sparks caution in Thai property lending
The property developer community has been unsettled by the recent Ashton Asoke saga, wherein the construction permit was withdrawn, prompting lenders to proceed with caution when issuing debt instruments and loans to developers. AP Thailand’s chief executive, Anuphong Assavabhokhin, explained that it’s becoming increasingly challenging to secure loans as financial institutions grow wary of extending credit to real estate companies…
- Property
Condos for sale under US$100,000 in Bangkok
Bangkok, the charming capital of Thailand, is a magnet for adventurers, cultural enthusiasts, foodies, and increasingly, property investors. Ever wondered if you could join this crowd, without forking out a fortune? Here’s some good news for you – finding a condo for sale under US$100,000 in the bustling city of Bangkok is not only possible but surprisingly easier than you…
