property
- Property News
Thailand makes top 5 list of places to buy real estate overseas
Thailand has made number 4 on the list of best places to buy real estate overseas, according to LiveandInvestOverseas.com. As the overseas property market is booming, thanks to the Covid-19 pandemic, the website says such property stands out among others, as it is a hard asset that provides diversification of asset class and likely currency. What this means, essentially, is…
- Property
Chinese entrepreneurs betting on real estate ahead of reopening
Thailand’s scheduled reopening is just around the corner, and Chinese entrepreneurs have already begun placing bets on prized real estate. Some are plowing money into acquiring hotels, land, and other properties with record-low prices, thanks to the Covid-19 pandemic. Nancy Chen, a Fujian native, joins the growing number of Chinese who have decided to take a chance and invest in…
- Thailand News
Bangkok land prices rising, but still below pre-pandemic average
While Bangkok land prices are hardly on a tear, they continue to rise even amid the economic uncertainty brought about by the Covid-19 pandemic. Figures from the Real Estate Information Centre, known as REIC, show a quarterly rise of 0.5%, and a yearly rise of 7.6%, in the land price index in Greater Bangkok in the third quarter. As reported by…
- 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,…
- Ask an Agent
Why investing in Thailand property is a great idea
Besides being a tropical paradise, there are many other reasons to invest in Thailand property. As the country has shown strong and consistent growth in recent years, housing and land prices continue to rise. And, as many expats continue to choose Thailand, finding a dream home here at a fraction of the price is often very possible. Additionally, average property…
- Thailand News
Buying a condo in Thailand: 4 things to know
As condos are increasingly becoming buyers’ favourite investments, their potential to yield a profit can be potentially quite high. From low maintenance costs to the ability to use the property for residential or investment purposes, condos can offer great value and accessibility. Here, we have 4 things that potential buyers should know before investing in a condominium. As always, The…
- Ask an Agent
A guide to finding the best real estate agent for your property
Finding a real estate agent to help you sell your property is an important decision. And, it is apparent after a quick search on the internet, that there are many who offer world-class services. But, how do you know which agent follows through on their services offered? Or which agent makes the process the least stressful? Such things as a…
- Phuket News
Real estate trends across Thailand’s resort markets
Where are property investors looking in Thailand at the moment? How has Covid impacted the resort property markets of Phuket, Hua Hin, Pattaya and Koh Samui? Tim Newton speaks to Brennan Campbell, CEO of Thai proptech group FazWaz, in this rundown of current and future trends in Thailand’s most popular resort destinations. And there’s a few surprises too.
- Economy News
Property market in tourism areas relying on vaccines for recovery
Tourism destinations in Thailand are pinning their hopes on Covid-19 vaccines to revive their decimated economies, including in the real estate sector. Vichai Viratkapan from the Real Estate Information Centre says the property sector’s recovery will be driven by the rollout of vaccines, particularly in tourist destinations that have borne the brunt of the economic devastation. “Tourism destinations like Phuket,…
- Visa Information
Many Thailand Elite Card members cancel travel plans as Covid-19 cases rise
The new wave of Covid-19, infecting more than 30,000 people over the past month, set back travel plans for Thailand Elite Card members. The company that operates the card services, Thailand Privilege Card, is now banking on the Phuket sandbox model to draw in cardholders. The travel scheme, which is planned to start in July as long as Phuket vaccinates…
- Business News
The ‘office’ is SO last century. Say hello to the world of remote working.
Do you work from home? Or can you work anywhere have a laptop and wi-fi? Are you a trader or selling stuff online? You’re part of a growing trend in modern work practices as the fancy city office becomes an expensive relic of the ‘old normal’. 2020 became the year of people working from home. In same case, it was…
- Thailand News
Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14
The Samut Sakhon governor is continuing to recover from a dangerous bout of Covid-19 and is expected to be taken off a ventilator today. The 58 year old was in “critical condition” after contracting the virus on December 27. His infection was reported just a week after the outbreak at one of the largest seafood markets in the coastal province…
- Covid-19 News
Thailand News Today | 427 new C19 infections, Pattaya countdown cancelled, Elite Visa update | Dec 22
Plenty of talk around today about future lockdowns, but NOTHING IS CONFIRMED at this stage. The Thaiger will keep you up to date with the latest. Possibility of an “end of year travel boost” has been shattered As if things weren’t already bad enough for Thailand’s tourism sector, the events in Samut Sakhon in the past week have just made…
- Bangkok News
Bangkok’s commercial property market struggles through 2020
This year Thailand’s developers had to work around the effects of government lockdowns and restrictions because of the Covid-19 pandemic. Indeed significant changes have occurred to the commercial property market in Thailand. CBRE Research reports that the Bangkok office market suffered a significant change in the net up-take, whilst the retail market consumer confidence index fell and the hotel market…
- Thailand News
Thailand News Today | ‘Digital Nomad’ visa, ‘Property’ visa, Huge drug bust | Dec 16
BOI proposes new smart visa rules to lure foreign talent, digital nomads The Board of Investment in Thailand is asking the Cabinet to approve new smart visa rules designed to attract more overseas talent to work in Thailand. The aim is to allow digital freelancers currently working in Thailand to exchange their tourist visas for smart visas. To be eligible,…
- Economy News
Thai government urged to support foreign property buyers with additional incentives
The Thailand Development Research Institute is calling on the government to support foreign property investors, by allowing them to bid for residential units. Nonarit Bisonyabut from the TDRI says the measure would be aimed at off-setting a shortfall in local demand. With foreigners usually having higher purchasing power than Thais, he adds that the number of units offered for bidding…
- 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…
- Economy News
Finance Ministry mulls stimulus packages to boost property sector, consumption
The new permanent secretary at the Finance Ministry, Krisada Chinavicharana, says officials are considering additional stimulus measures to support Thailand’s property sector and to further boost consumer spending. Krisada says he plans to meet with senior officials to debate more ways to get the economy going again, as the impact of the Covid-19 pandemic continues to make itself felt. He says…
- Things To Do
Top 10 things that changed in Thailand during the Covid outbreak
Things have changed. In some cases they’ve changed a lot and may never be the same again. Many people are suffering as a result of the impacts of lockdowns and the border closures. Entire industries, like aviation and entertainment, have been profoundly affected. Some people are being forced to re-invent their lives as a result. Fears over Covid-19 are causing…
- Visa Information
Work permits for top tier Thailand Elite Card members
In an effort to give the economy an extra boost, the government will discuss adding work permit privileges for top tier Thailand Elite Card members who invest a minimum of $1 million USD in Thailand. The scheme will draw more investment to Thailand, according to the Tourism Authority of Thailand, or TAT, governor Yuthasak Supasorn. While the types of investments…
- Things To Do
Top 10 ways life is different in the Covid Era
Get used to it. Things have changed. There is no ‘new normal’, there is just NEW. We’re living in the Covid era and all having to adjust to economic calamity, changed schedules and some things, previously easy, are now difficult, or banned altogether. What are some of the things that have changed? Wearing masks Like it or not, the wearing…
- 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…
- Property
4 new luxury hotels set for Bangkok and Pattaya
The future of Thailand tourism looks expensive. 4 luxury hotels are planned for Bangkok riverside and Pattaya beach, despite the drop in tourists due to the coronavirus pandemic. 3 of those hotels will be an expansion of Asiatique: The Riverfront, a waterfront shopping mall in Bangkok. Asset World Corporation, or AWC, inked the deal with Marriott International. The CEO and…
- Business News
Thailand’s retail and property markets adapt and move online
Tourism, property, retail – 3 sectors of the Thai economy that have taken a huge hit from the impact of lockdowns and border closures. Whilst most of the lockdown provisions are now lifted, the borders remain mostly closed and the economy ‘sluggish’ at best. The first half of 2020 has been one of the most challenging periods that Thailand retail…
- 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,…
- Phuket News
Long road to recovery for Phuket property sector
The Vice-President of the Phuket Real Estate Association says there will be no quick bounce-back for the island’s property market, saying it will take at least 2 years for things to recover from the devastating effects of Covid-19. Speaking to Bangkok Post, Boon Yongsakul, owner of Boat Lagoon, says the fall-out has been particularly severe in Phuket because the province…
- Northern Thailand News
Property slump in Thailand’s North
Real estate developers in Thailand’s North are a bracing for a slump in the residential property market, as the number of home buyers is dwindling and banks are imposing stricter rules on home buyers and reportedly denying mortgages. The president of the Chiang Mai Real Estate Association says the economic slowdown and lower confidence among buyers will lead to a…
- 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…
- Economy News
Phuket’s economy is more than just tourism
by Bill Barnett While Phuket’s brand and economic reality is that nearly half of its contribution to GPP (gross provincial product) comes from tourism is true, it’s important to understand that there are other generators that will aid in the island’s post-crisis recovery. The island’s real estate sector, that currently has a market value of over 100 billion baht (according…
