real estate

  • Press Room

    Real estate investment opportunity in Phuket- Solar-powered pool villas for sale in Thailand

    Press Release Demand for rental properties has been on the rise in Thailand since things began to ease up and businesses started to reopen in 2022. One of the main reasons is that many of the first-time buyers who were going to invest in properties have had to take a detour for their securities in these uncertain times. However, this…

  • Property News

    Thais prefer to live close to hospitals, not public transportation

    Thai consumers now prioritise healthcare facilities and want to avoid busy and crowded locations. The outbreak of Covid 19 has altered real estate demand away from easy access to public transportation and toward hospitals and better healthcare. A survey was conducted by DDproperty during the first half of 2022, where they asked 1,000 locals aged between 22 and 69 about…

  • Property News

    Land and building tax payment extended by 3 months

    The land and building tax payment schedule has been extended by 3 months to assist residents and business owners to navigate through difficult financial waters. The end of April deadline has been relaxed until the end of July. Interior Minister Anupong Paojinda says the extra time will allow taxpayers to pay without penalties, and those who have been fined will…

  • Property News

    RGP adopts cost-saving tactics to sell condos for 1.2 million baht

    Regent Green Power, a property developer known for inexpensive apartment units, is fighting back against the universal cost of living crisis to make prices more affordable for consumers. The Bangkok-based property business says it can build condominiums priced at or lower than 1.2 million baht, for about 25-30 square metres, in areas less than 500 metres from mass transportation. How…

  • Property News

    Real estate market to experience inflation price hikes

    Rising inflation and interest rate hikes are expected to impact demand for real estate and mortgages in Thailand this year due to the price of new homes rising in parallel with the cost of construction materials, according to the Housing Finance Association. The government’s reaction to the outbreak of Covid-19 has had a major impact on the real estate market…

  • Property News

    Russians overtook Chinese as Phuket condo kings in Q1

    A leading Thai real estate consultancy firm revealed Russia was the No.1 country for buying apartments in Phuket in the first quarter of 2022, with 74 properties worth 245 million baht. China was previously the Phuket condo kings but thanks to the mainland’s zero-Covid-19 policy, the former Soviet state has surpassed Chinese buyers in the holiday resort, with Q1’s total…

  • 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),…

  • Supalai Icon Sathorn

    What makes Supalai Icon Sathorn the ideal property choice

    Sponsored Article Looking for your ideal high-class luxury property in Bangkok? If yes then we’d like to introduce you to Supalai Icon Sathorn, a high-rise luxury condominium located in the heart of Bangkok. This property was awarded the winner of the Asia Pacific Property Awards 2020-2021 prize for mixed-use development in Thailand. The development consists of both commercial buildings as…

  • Thailand News

    “Beware, shakedowns in Thailand’s property market” I Lawyers, Guns and Money

      There are great opportunities in Thailand’s real estate and property markets. Plenty of people buy, live in and sell, sometimes for a profit. Some live in their properties and some purchase them for investment. But there are well-publicised problems and even scams that have blunted the image of Thailand’s property industry, particularly the tourist magnets where beaches and a…

  • 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…

  • Property News

    Hotels are expected to see a large jump in earnings

    Thai property giant Singha Estate predict a large jump in hotel revenue in 2022, and a considerable increase in real estate sales, following the return of international travellers after Thailand’s reopening. Once hotels revive, earnings from the hotel sector will increase from 4.5 billion baht in 2021 to 9 billion baht in 2022, according to the Chief Financial Officer of…

  • 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

    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…

  • Thailand video news

    Bad Students, Watching Porn & Lazada Gate | GMT

    A school in Thailand has introduced strict, conservative guidelines that will deduct points off students for not following the school rules. Where does Thailand rank amongst the countries that watch the most amount of Porn? The Royal Thai Army is boycotting Lazada in the latest reaction following an advertisement deemed offensive to Thailand’s monarchy. Marcos Jr returns family to Philippines…

  • Thailand video news

    “Curb your enthusiasm: Thailand gets real over tourism” | GMT

    Tourism operators are quite calm about the current situation in Thailand and are playing down the over optimistic coming tourism statistics being thrown around. The signs of the times, billboard advertisements are doing poorly. We look at the current real estate trends in Phuket and talk to developed Doug Ferguson about his development Trichada. Maya Bay close again and more…

  • What you get for $X

    What you can get for 1 million USD in Phuket

    Wondering what you could buy in Phuket with a budget of 1 million USD? A million dollars goes a lot further in Phuket than in most western countries like the United States. With house prices rising significantly in many areas around the world, properties in beautiful but less expensive places like Phuket are certainly looking very enticing. Phuket has been…

  • Property News

    How living the dream became a nightmare for Phuket property buyers

    Dreams die hard, even in a pandemic. But for thousands of Phuket property buyers who invested in the promise of a tropical dream with endless sunsets, the stone-cold reality of failure is just starting to hit home. Amidst a backdrop of rusting steel, decaying concrete, and empty construction sites lays the dark side of the island’s real estate trade. To…

  • 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

    Thailand real estate sales projected to stay strong in 2022 — CBRE

    CBRE plans to sell 14 billion baht in real estate this year, representing a 15% increase year on year, with luxury low-rise residences and resort villas being the main sellers. The company reportedly made 12 billion baht from real estate sales in 2021, an increase of 30% from the previous year. Luxury low-rise homes and villas have increased in popularity…

  • 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…

  • 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

    Unsold properties saturate Thailand real estate market, may breach 1 trillion baht

    Developers of residential properties in Thailand should exercise caution when announcing new properties this year, as their collective plans represent the largest amount of new properties in more than a decade, warns Asia Plus Securities. Meanwhile, unsold properties present a high level of risk and might exceed a total value of 1 trillion baht. The word of caution comes as…

  • 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

    Thailand condo market improved slightly in 2021, despite cautious expat buyers — CBRE

    Thailand’s condominium market saw a modest improvement in 2021, despite the overall “sentiment” remaining low with a lack of foreign buying power. That’s according to a report by CBRE, which measured the pandemic’s effect on the country’s economy, customer confidence, spending power and an oversupply of options. The report found that fewer international investors has compounded the situation. Foreign buyers,…

  • 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…

  • Sponsored

    CBRE recommends top 5 luxury condominiums in Phuket with fantastic locations

    Luxury condominiums in Phuket are an appealing alternative to villas or houses because you can purchase them on freehold, which means that the condos are 100% in your name. It is just like owning a property in your own country. Luxury condos also typically feature their own private pools, as well as a broader range of onsite amenities and 24-hours…

  • 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

    Singapore home sales down 22%, as expat workforce hits 12-year low

    Home sales in Singapore have fallen to their lowest rate in nearly 2 years, as cooling policies and rising property taxes slowed the residential market. The number of foreign white-collar professionals working in the city-state has also reached a 12-year low. The poor property sales reflect a lack of consumer confidence after the Singapore government raised taxes on high-end residences…

  • 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

    Bangkok office owners should update, renovate now — JLL Thailand

    Bangkok property owners should update their older office spaces now to maintain renters and adjust to changing consumer habits. Renovations and upgrades of older facilities are necessary in the face of lower demand and increased competition, as local developers plan to introduce more than 2 million square metres of new office spaces between 2022-2026. Owners of ageing office buildings in…

  • 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…

  • Property

    Centara plans to build 100 new hotels by 2026, launch 20 per year

    Centara Hotels and Resorts plans to open 100 new hotels in Thailand, the Middle East, China and neighbouring countries over the next 5 years, with the intention of managing them through agreements with partner companies, according to the Bangkok Post. Centara’s 5 year goal from 2022 aims to add 20 hotels each year, bringing the total number to more than…

  • Property

    Origin to launch 31 projects, targets 17.5 billion baht

    Developer Origin Property intends to introduce 31 new residential properties in Thailand totalling 42 billion baht, targeting 35 billion baht in presales and 17.5 billion baht in revenue, according to the Bangkok Post. Of the projects, 19 are apartments, costing a total of 28.6 billion baht, followed by 12 low-rise residences, costing 13.4 billion baht, says Origin’s chief executive. “The…