real estate
- Property News
Russian, Chinese investors drive Phuket property market
The Phuket property market is on fire now, with the help of Chinese and Russian investors. Chinese buyers are reportedly increasing their investments, buying up villas, shophouses, and even orchards, to cater to Chinese tourists. Russian property investors are also contributing to the surge in demand for villas and homes in Phuket. While Russians are interested in buying pool villas,…
- Business News
Prime office location for rent in the heart of Bangkok’s thriving Bang Kapi area
Looking for a strategic prime office location to establish your business in Bangkok? Look no further than the SINGHA COMPLEX project in the bustling Bang Kapi area. The recently completed office space on the 18th floor of the tower is now available for long-term rent. The indoor area of the office measures 783 square metres and it is currently unfurnished.…
- Thailand News
Thailand’s top 10 most expensive condos
Thailand is home to 15 condominium projects selling condo units for more than 50 million baht each, according to the Agency for Real Estate Affairs (AREA). Matichon reports that the President of AREA’s Thai Real Estate Research and Valuation Information Centre, Sophon Pornchokchai, revealed on Tuesday that the most expensive condominium unit in Thailand is worth a whopping 887.2 million…
- What you get for $X
What 10 million dollars buys you for a property in Phuket, Bangkok, Koh Samui, Pattaya and Hua Hin
Are you curious to know what kind of luxury you can expect from a 10 million dollar property in Thailand’s most desirable locations? Our team has conducted extensive research on the property markets in Phuket, Bangkok, Koh Samui, Pattaya, and Hua Hin to bring you a comprehensive guide to the most exclusive and breathtaking homes available. We’re talking beachfront villas…
- Thailand video news
Reasons Why You Should Live in Kamala Phuket feat. Twin Palms Residences Montazure
https://youtu.be/qmPuOmWzfsc Kamala Phuket is an amazing place to live! Located in Thailand, this vibrant city is known for its culture, beautiful beaches, and delicious food. With a range of activities, from relaxing on the beach to exploring the city’s vibrant nightlife, there’s something for everyone in Kamala Phuket. The city is also known for its affordable living costs and strong…
- Bangkok News
Thailand records a drop in the sale of used homes
A survey by Thailand’s Real Estate Information Center (REIC) revealed there was a drop in the sales of used homes throughout the kingdom in the third quarter of last year. REIC acting director-general Vichai Viratkapan reckons the decrease is down to the cut in transfer and mortgage fees, the easing of loan-to-value (LTV) limits, and an increase in second-hand home…
- Destination Guide
Experience luxury living in Laguna Phuket
Laguna Phuket is a stunning area located on the west coast of Phuket, Thailand. It is an ideal destination for property buyers looking for a luxurious, tropical lifestyle. The area is renowned for its stunning beaches and lush, tropical rainforest. With a range of amenities and activities, Laguna Phuket provides an idyllic setting for those looking to purchase a property,…
- Property News
Top 5 foreign nationalities buying condos in Thailand in 2022
Chinese nationals bought the most condos out of any foreign nationality in Thailand this year despite the difficulties posed by Beijing’s strict Covid-19 restrictions, which are finally easing up after three years. In Thailand, foreigners are permitted to own 49% of the units in any condominium building. The remaining 51% must have Thai ownership. Although fewer Chinese bought condos in…
- What you get for $X
What $150,000 buys you for a 2 bedroom condo in Bangkok
If you are looking for what $150,000 buys you for a 2-bedroom condo in Bangkok, you have come to the perfect place! For those looking for an affordable place to live, finding a two-bedroom condo at $150,000 in Bangkok is certainly possible. With a growing number of condominiums available in the city, and with many of them offering competitive prices,…
- Thailand News
Thailand is not ‘selling off’ the country by letting foreigners buy land, says govt
The Thai government is defending its plan to allow foreign investors to buy up to one rai of land after an opposition party claimed that they are “selling off” the country. Foreign land ownership in Thailand comes with strict conditions and the plan will benefit the country’s economy, a government spokesperson said yesterday. The Cabinet recently voted to allow four…
- Property News
Thailand’s monsoon baht debacle lights fire to Phuket real estate sector
As Thailand’s monsoon season continues with what seems to be an endless line-up of thunderstorms and massive rain showers, the real story in Thai real estate is the baht. The Thai currency is precariously sitting at a 16-year low against the US dollar and has depreciated by nearly twelve per cent this year. As the exchange rate hovers near the…
- Hot Property
Wallaya Villas is back with its new pool villas in Phuket
The first established real estate developer in Phuket’s Kamala neighbourhood is Wallaya Villas. They have more than 17 years of experience in the local real estate industry. They have worked on a variety of projects, including The Nest and The Harmony Phase II, as well as in hotels, commercials, and residential properties. As a result, Wallaya Villas is one of…
- 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
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…
- 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
“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
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…
