property
- Property News
Central Pattana’s 10 billion baht investment in 37 new hotels
Central Pattana is launching 37 hotels in 27 provinces in Thailand with 4,000 rooms, valued at a total of 10 billion baht, under the Centara Hotels and Resorts brand. The kingdom’s largest retail property development and investment company aims to hire about 3,900 people across the country in the process. The company will focus primarily on second-tier locations, as it…
- Property News
Bangkok target 50,000 new apartment units by 2022
New apartments in Bangkok are expected to exceed 50,000 units in 2022, beating levels seen in 2020 and 2021 but still falling short of levels seen before the Covid-19 outbreak. If the war between Russia and Ukraine doesn’t escalate and further, and if monkeypox is kept under control (and other ‘problem’ areas of the international economy are kept under control),…
- Destination Guide
Guide to living in Thonglor, Bangkok’s trendiest district 2022
Thonglor has developed more than any other Bangkok neighbourhood in recent years. Previously, it was a posh residential area reserved for the wealthy. While this is still true, it has gained popularity among the younger generation and expatriates. The area is often known as one of Bangkok’s trendiest neighbourhoods, and a walk through its alleyways will reveal a vibrant area…
- Special Features
Top 6 condos in Bangkok with mind-blowing facilities
Nothing beats having your own private pool on the balcony, golf simulator just an elevator ride away, or even a bowling alley right at your condo doorstep! These incredible facilities will help you unwind after a long busy day, or better yet, keep you entertained and active on weekends. So with that, we’ve compiled the top 6 condos in Bangkok…
- 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
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…
- Property News
Inflation forces real estate developers to readjust prices
To compensate for the sluggish real estate market after prices have risen due to higher costs caused by the Russia Ukraine war, real estate developers should downsize unit sizes and readjust some features. Furthermore, in order to avoid incurring greater costs as a result of the new tax, real estate developers will be more selective when purchasing property for their…
- Special Features
Exclusive lifestyle: Most prestigious condominiums in Bangkok 2022
There is never a lack of luxury apartments in Bangkok, and each new complex surpasses the previous in terms of pricing and facilities. Here are the topmost prestigious apartment units for sale in Bangkok in 2022. The most expensive apartment on the list is worth 450,000,000 million baht ($13,088,817 million). Check out the list below: 1. Glamorous apartment in Bangkok’s…
- Ask an Agent
Top reasons to buy properties in Thailand 2022
While Thailand is one of the top tourist destinations worldwide, it boasts an excellent property market! Well, there are plenty of compelling reasons to buy property in Thailand. First off, Thailand is a fantastic area to live in; the Land of Smile boasts world-class beaches, profound nature and exciting cityscapes. The best part is that you will be able to…
- Travel
City Guide: Top 10 unique buildings in Bangkok 2022
Thailand’s architecture is often overlooked, with temples taking most of the limelight. The capital of Bangkok is a true concrete jungle where antiquity and modernity collide, creating a uniquely beautiful cityscape. Unsurprisingly, Bangkok has produced some awesome and somewhat bizarre architectural designs. Searching them out is an interesting way to explore the city, and some towers will give you a…
- Ask an Agent
Do I need a bank account in Thailand to buy property?
One of the most commonly asked questions is whether a foreigner needs a Thai bank account when buying real estate. This is essential to understand to ensure everything goes smoothly and your money doesn’t get ‘stuck.’ Purchasing property in Thailand as a foreigner requires due diligence and a thorough understanding of the buying and selling procedures ahead of time. So,…
- Property News
Bangkok real estate developer confidence dipped in Q1 due to supply chain woes
Thailand’s home developer sentiment index was 47 in the first quarter of 2022, compared to 52 in the fourth quarter of 2021. The reason for the dip in confidence? Russia’s war in Ukraine, of course. The ongoing conflict has significantly influenced the cost of petrol and numerous construction supplies, notably steel, which has seen a 35% increase in price since…
- 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…
- Property News
The Standard to debut second Thailand hotel in May
The Standard is a decorative American hotel company recognized for its creative approach to hospitality. The company will debut its newest Thailand hotel at Mahanakhon in Bangkok on May 11. It will be the brand’s flagship hotel in Asia, with 155 rooms and a variety of international cuisine. Booking began last month. The brand’s shiny new centrepeice will be located…
- 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
Frasers to invest 10 billion baht in industrial space, ‘new economy’ by 2025
Frasers Property Industrial aims to invest 10 billion baht to expand its industrial buildings from 3 to 4 million square metres by 2025, with 50% of new projects directed at the “new economy” category, according to the Bangkok Post. FPIT expects to continue its dominance by expanding its market share to 60% — up from the pre-pandemic 40%. This year,…
- Property
Marriott launches new hotel in Pattaya, plans to expand in Thailand this year
Marriott International aims to launch 7 to 8 new locations in Thailand in 2022 as part of a five year goal to add 33 new properties. But several bigger projects may take longer to complete. Among the new developments set to debut this year in Bangkok is an Autograph Collection hotel at Sukhumvit Soi 53, along with two Courtyard hotels,…
- Property
5 smart devices to customise your property in Thailand
When it comes to different types of smart home devices, there’s a huge selection across a wide price range. Adding gadgets you can operate remotely will make your house a little more manageable a lot more automated. So pimp out your property with these 5 tech items for a smarter home. Google Nest Mini The Nest Mini is an excellent…
- 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
Central Patana to open largest mixed-use project in Chanthaburi
Central Pattana is set to unveil Central Chanthaburi — the largest and most comprehensive mixed-use development in eastern Thailand. The complex, which is scheduled to officially open on May 26, will exemplify the company’s mixed-use project model in urban cities to strengthen the local economy. Central Chanthaburi is anticipated to be a new city landmark, consisting of a hotel, shopping…
- 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
Thailand self-built home costs to rise at least 5%, as metal and fuel prices spike
The prices of self-built homes are projected to rise by 5-8 percent, spurred by rising metal and fuel costs in the wake the war in Ukraine. Since Russia began its invasion of Ukraine last month, metal prices have increased by 50%. Key construction materials, various metals account for some 20% of home building costs. As a result, the prices of…
- Property
Thai steel producers brace for higher production costs, slower market
Thailand steel producers are preparing for the fallout of higher steel prices and growing demand from Asia in the wake of Russia’s invasion of Ukraine. Within a week, the world market price of steel billet rose to roughly US$800 per tonne, up from $650 per tonne, EAF Long Product Steel Producers Association committee member Pravit Horungruang told the Bangkok Post.…
- 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…
- Sponsored
CBRE offers luxury coastal lifestyle in Phuket 2022
Sponsored Article CBRE Thailand Phuket, located in the south of Thailand, is famous for its wonderful tropical settings, idyllic beaches, breathtaking beachfront, hilltop properties, and vibrant community of ex-pats. The island offers a high standard of living at a reasonable cost compared to other top holiday destinations, and its well-deserved reputation for luxury and exclusivity make it one of the…
- Thailand Travel
Majority of Thailand hotels not profitable under Test & Go
A majority of hotels in Thailand are in the red, following the relaunch of the Test & Go program earlier this year. The bleak outlook for Thailand’s hotel industry follows nearly 2 years of little, or no, patronage with only a select few able to take advantage of the limited travellers coming through the turnstiles. According to a survey of…
- Property
Sena to expand housing, warehouse portfolio in 2022
Sena Development intends to expand into warehouses, serviced apartments and asset management in 2022, while also developing 49 new residential properties valued at 27.5 billion baht. This year, the company intends to venture into new sectors in order to increase stable earnings from regular income, with the majority of new operations connected firms that can help with property development, the…
- Property
Rent in Singapore reaches 7 year high, despite decreasing population
Home rentals in Singapore, already among the world’s most expensive locales, have increased to a seven-year high, despite the city-state’s population decreasing in the last two years. The rental price index for private residential buildings rose to 114.2 in the fourth quarter last year, an increase of 9.9% compared to the same period last year, as demand outstrips supply, affected…
- 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
Thailand real estate market to see post-pandemic boom by 2024
Real estate developers in Thailand should brace themselves for a post-pandemic boom, despite the current inflation and higher development prices, economists say. After a 2 year slowdown during the pandemic, Thailand will enter a new economic phase from 2022 to 2024, according to Bangkok Bank’s Senior Executive Vice-President Kobsak Pootrakool in the Bangkok Post. “We are getting close to the end…
