real estate
- Thailand News
Maha Sarakham investment fraud victims lose 500 million baht
A significant fraud case has emerged in Maha Sarakham, where numerous victims have been deceived into investing in a bogus real estate development, losing over 500 million baht. The alleged fraud was orchestrated by two prominent financiers who promised high returns. Peace and Justice Club President Taen Khun has taken the victims to meet with investigators at the Economic Crime…
- Destination Guide
Thailand destination guide: Cherng Talay, Phuket through the eyes of its residents
Cherng Talay, now a palm-fringed melting pot for locals, expats, and tourists, was once a well-kept secret, an escape from Patong’s neverending crowds. However, as more and more people settle here, it has quickly become one of the most sought-after areas in Phuket. The beaches remain relatively quiet compared to the busy shores of Patong or Kata, and it still…
- Pattaya News
Bamboo Luxury Villas: Transforming Pattaya’s real estate with visionary design
Pattaya’s property market is set for a major shake-up with the development of Bamboo Luxury Villas, a standout project masterminded by renowned architect Mario Kleff. The exclusive enclave will feature 10 two-storey villas, spread across nearly five rai of land, blending sustainable architecture with a distinct Japanese-inspired aesthetic. Each villa offers an expansive 400 square metres of living space, meticulously…
- Phuket News
Phuket sands turn to gold as Sansiri digs deep for economic jewel
The sandy shores of Phuket are set for a glamorous makeover as real estate mogul Sansiri Plc zeroes in on the island’s potential to become Thailand’s crown jewel for economic growth. With its eyes firmly fixed on this tropical paradise, Sansiri is revving up its plans, leveraging Phuket’s strategic importance to drive a real estate renaissance. Thanks to Thailand’s revised…
- Hot Property
Phuket real estate expands to inland areas
Phuket’s real estate market has experienced unprecedented growth over the past few years, driven primarily by the strong recovery of tourism following the Covid-19 pandemic. Another hugely important factor contributing to this market buoyancy has been the increase in Russian investors, who led the way in terms of foreign investment for 2023 as they sought safe havens for their capital…
- Pattaya News
Architectural visionary Mario Kleff unveils new luxury villas in Pattaya
Mario Kleff, a celebrated figure in Pattaya’s architectural scene, has made a striking comeback with his latest project, Bamboo Luxury Villa. This exclusive development, set on over 4.5 rai of land in the tranquil suburb of Huai Yai, showcases Kleff’s distinctive approach to modern architecture, blending bold design with functionality and sustainability. Best known for his groundbreaking contributions to Pattaya’s…
- Property
How to find a property for sale in Pattaya
Pattaya, Thailand’s coastal city has become an increasingly popular destination for property buyers seeking a tropical paradise. With its stunning beaches, vibrant nightlife, and growing infrastructure, Pattaya offers a unique blend of relaxation and excitement. However, finding the right property in this bustling real estate market requires careful consideration and thorough research. That’s why Pattaya Prestige Properties has created this…
- Business News
Brick by brick: ONEAM builds investor excitement with TIREIT launch
ONE Asset Management (ONEAM) is digging foundations in the investment world, launching the Thai Industrial Real Estate Investment Trust (TIREIT) for investors seeking fresh opportunities amidst a shifting financial landscape. With high interest rates finally shifting into the rear-view mirror, savvy investors are turning to alternative assets like TIREIT to spread their risk. Chief executive Pote Harinasuta has revealed that…
- 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…
- Property
The 5 reasons why Phuket remains a hotspot for real estate investment in 2024
Phuket’s charm is undeniable, and it’s easy to see why so many people are drawn to the idea of owning a piece of this paradise island. But is now the right time to invest in property here? The short answer is yes. According to the 2024 market insights by property portal FazWaz.com, the island’s property scene is thriving, with a…
- 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…
- Business News
What is the best property to invest in Thailand in 2024?
Q1 2024 has brought a mixed scenario for Thailand’s property market. Transaction volumes have dropped, yet there’s a modest rise in both property prices and annual yields. Amid the ongoing economic recession and market slowdown, Thai authorities are exploring legislative reforms to attract foreign investment. It’s crucial to differentiate between the resort property sector and condominiums bought with mortgages by…
- 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
Latest trends in the Thailand real estate market
Thailand’s economy is affected by the real estate market in a big way. Tourist destinations like Bangkok and Phuket have seen times of expansion. Both local desire and attention from other countries drive growth. There are a lot of different types of buyers in the housing market. There are expensive homes in great places and cheaper homes in new areas. …
- Thailand News
Government may raise foreign condo ownership limit to 75%
The government considers increasing the foreign ownership limit in condominiums from 49% to 75% of a building’s usable space, as disclosed by Deputy Prime Minister Phumtham Wechayachai. The Interior Ministry is evaluating the feasibility of extending the maximum leasehold period for foreigners from 50 years to 99 years. Phumtham stated that this proposal was first discussed at a Cabinet meeting…
- Thailand News
Residents protest over false advertising and dilapidated clubhouse
Residents of a housing estate are up in arms over false advertising that promised top-notch amenities, only to be shocked by the dilapidated state of the clubhouse. The celebrity Tuck Boriboon allegedly could not tolerate the situation and joined the protest. Dr Monchai Jongkairattanakul, also known as Lawyer Kaew, shared the plight of the residents yesterday through the Facebook page…
- Business News
Local governments digging deep into land tax challenges
Local governments face a significant challenge in evaluating underutilised land plots to determine the appropriate tax burden under the land and building tax, according to finance permanent secretary Lavaron Sangsnit. Lavaron noted that the tax law, effective for five years, is currently under review for potential amendments. A key issue under scrutiny is the enforcement and interpretation of land utilisation.…
- Thailand News
Dilapidated building in Bangkok listed for 18 million baht
A four-storey dilapidated building in Bangkok has been listed for sale at 18 million baht, causing quite a stir online. Netizens are engaged in lively debates about whether this “fixer-upper” is worth the “price tag shock.” Aood Narongrit, a Facebook user, shared images and details in the group Second-Hand Houses at Good Prices in Bangkok and Surrounding Areas. The post…
- Thailand News
Mario Kleff bags top honour at the 2024 International Property Awards Asia Pacific
Architect extraordinaire Mario Kleff has done it again! He’s just been celebrated at the 2024 International Property Awards Asia Pacific, walking away with the prestigious accolade for Best Single Residence Thailand. This nod comes thanks to his stellar work on the Majestic Residence Signature Villa, a true gem in Pattaya’s architectural crown. Set against the vibrant backdrop of Bangkok on…
- Thailand News
Barking mad: Real estate giant faces online backlash over free pet
A renowned real estate company suffered an online backlash after launching a campaign offering a free pet with the purchase of a luxury home. The campaign, which allows buyers to choose from five different breeds of dogs or cats, sparked widespread criticism. A Facebook user publicly addressed the company in an open letter, expressing concerns over the potential negative impacts…
- 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
Myanmar real estate sales surge by 240%
The chief executive of a leading property firm today revealed an intriguing glimpse into the flourishing 2024 foreign real estate sector. The disclosure highlighted a remarkable 240% surge in sales within the Myanmar market compared to the same period in the previous year. Despite the surge in the Myanmar market, the Chinese market continues to dominate, accounting for 50% of…
- Thailand News
Bangkok riverside estate lists at 200 million baht
A Facebook post advertising a house for sale along the Chao Phraya River on Charansanitwong Road in Bangkok sparked widespread interest and surprise with its staggering 200 million baht price tag. Social media users have been buzzing about the post, shared in an exclusive group for luxury properties, presenting a prime piece of land with a view of the Sapaya…
- Best of
Top 5 Real Estate Agencies in Thailand
When seeking to purchase, sell, or rent a home, finding the most qualified agents to help you with the process is crucial. In Thailand, we’re spoilt for choice with hundreds of agents in the country. However, finding the right agent for you can be quite tricky; especially when searching for one who can be trusted. We’ve listed some of the…
- Business News
Raimon Land plans 3,588 million baht capital increase for sustainable growth
Raimon Land Public Company Limited (RML), a premier real estate developer in Thailand, plans to increase its capital by 3,588 million baht (US$99 million) from 4,172 million baht (US$116 million) to a total of 7,760 million baht (US$216 million). This move is part of RML’s strategy to support sustainable growth, targeting continuous profit enhancement and a turnaround. The proposal will…
- Thailand Hotels
Banyan Tree Founder developing USD2 billion international commmunity in Bangtao Phuket’s emerging Thonglor Lifestyle District
The resort island of Phuket which once was highly tourism dependent, has quickly evolved into a global hotspot as an international community for a rising tide of global citizens. Taking flight is a migration megatrend that is being driven not only by geopolitical events worldwide but a series of other emerging segments. Those highlighted in C9 Hotelworks latest research include…
- 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
Bangkok developers warned over glut of affordable condos and townhouses
Real estate developers in Greater Bangkok should tread carefully when introducing new condos and townhouses priced under 2 million baht (US$58,241) due to a significant backlog of unsold units, warns Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC). Vichai highlighted that the condo and townhouse market for units priced under 2 million baht (US$58,241) experienced a slowdown…
- Thailand News
Thai real estate faces perfect storm next year
Thailand‘s pivotal real estate sector, a key economic force, anticipates a demanding 2024 due to substantial dependence on supply chains and various internal and external risks. Business entities foresee the need to adapt strategies, as the government prolongs the property transfer and mortgage registration fee reduction for an additional year to invigorate the market. Wongsakorn Prasitwipat, the managing director of…
- Thailand News
Bangkok condo conundrum: Thai man’s discount deal to evict stubborn mother
A Thai man put his Bangkok condo room up for sale at a low price to force his interfering mother to move out. He says he can’t personally use the condo because his mother refuses to leave. The Thai man announced the sale on a Facebook group on October 26. The condominium is situated within the HR Residence project, which is…
