real estate
- Sponsored
Top 5 pool villas in Phuket recommended by CBRE
Sponsored Article Whether you’re looking at Phuket for a permanent home, a vacation villa, or an investment opportunity, we have a range of properties that tick all the boxes necessary for enjoying a luxury lifestyle on the island. In addition to being visually stunning, these pool villas are situated within compounds with solid security, as well as being close to…
- Property
SC Asset to develop 27 domestic projects in 4 years, targets 100 billion baht in revenue
SC Asset Corporation aims to invest 40 billion baht to build new residential developments in Thailand totaling 130 billion baht between 2022 and 2025, with a revenue target of 100 billion baht over the next four years. Of the 130 billion baht the SET-listed developer intends to invest in new releases from 2022 to 2025, 20 billion baht would go…
- Property
Dusit continues asset light hotel development plan for 2022
SET listed Dusit International is sticking to its hotel opening schedule for 2022, developing a long term strategy while implementing an asset light model. Dusit International CEO Suphajee Suthumpun said the company is on schedule to open new hotels in Thailand and abroad, including in Greece, India, the Middle East, the Philippines and China. Dusit Thani’s international hotel, resort and luxury…
- Property
Thailand homebuilder Seacon aims for 28% sales growth in 2022
Thailand homebuilder Seacon Company Limited announced it expects a 28% increase in profits for 2022, hoping to make a staggering 2.4 billion baht in sales, as it prioritises luxury and high end properties. The ambitious sales target comes as Thailand’s first homebuilder company celebrates its 60th anniversary this year. Last year Thailand’s homebuilding business significantly improved with a market value…
- Property News
Property juggernaut AP Thailand to launch 65 projects costing B78 billion in 2022
Property developer AP Thailand is expected to unveil a whopping 65 new projects valued at 78 billion baht this year, the most in the Thai real estate market, with units ranging from approximately 1.9 to 50 million baht each. The company’s confidence in the first quarter signals good news to investors in the SET-listed company, which is currently ranked No.…
- Property
Property Spotlight: Plum Condo Bangyai Station in Nonthaburi
If you’re looking for an affordable condo to rent or buy north of Bangkok that’s within easy walking distance of public transportation, then Plum Condo Bangyai Station might just be the perfect property for you. Located at 133/38 Mu Ban Ban Bua Thong Road, Bang Rak Phatthana, Bang Bua Thong District in Nonthaburi, the condominiums project is just a 10-minute…
- Property
Chinese buyers dominated Thailand real estate market in 2021
The acting director of the Real Estate Information Centre (REIC), Wichai Wirattaphan, has stated that Chinese nationals accounted for nearly 60 percent of condominium purchases in Thailand in the first nine months of 2021. The statistics released by the REIC show that foreigners from the following five nations were the top investors of properties in Thailand: China, Vanuatu, United States,…
- World News
10 year high: Real estate price spike in Singapore
Last year, Singapore home prices rose to their highest level in more than a decade, boosting the island state’s government’s decision to impose “cooling” policies that will hopefully help the Singaporean property market’s stability. According to estimates released by the Urban Redevelopment Authority on Friday, prices increased by 10.6% in 2021. This is the highest level since 2010, when they…
- Events
Thailand’s 16th Annual PropertyGuru Award Winners
Thailand’s 16th annual PropertyGuru Awards has given Sansiri Public Company Limited the Best Developer award while other highly-reputable companies and developers took home other coveted awards. Established in 2005, the PropertyGuru Thailand Property Awards originated the PropertyGuru Asia Property Awards series, which has expanded over the years to cover 16 dynamic real estate markets, including Australia, the Chinese territories, Japan,…
- Property
Demand for residential property returns to Phuket
After the Phuket Sandbox programme has seen 4 months since its commencement, it seems to have brought some life back to the island after almost 2 years of a stagnated economy. The Tourism Authority of Thailand says a total of 59,689 international tourists have visited the Andaman Sea vacation island under the Sandbox programme from July 1 to October 30.…
- Property
Characteristics of successful real estate agents in Thailand
Thailand has many properties that cater to all kinds of buyers. From luxurious condos in the heart of Bangkok to expansive villas on the islands, it is clear that the real estate agent market is in high demand. But, while some real estate agents merely act as a middle man for a quick sale, more reputable agents usually have a…
- Property
How the Covid-19 pandemic has changed the face of properties in demand
The Covid-19 pandemic has definitely changed the face of many things, including that of Thailand’s properties in demand. According to CBRE, a leading international property consultant, the resumption of real estate activities is in the near future. As Thailand is currently easing entry restrictions, the consultant says it is only a matter of time when the property market will pick…
- Property
Government urged to simplify measures for foreign property ownership
Thailand’s government is being urged to simplify measures for foreigners who want to buy property. Such things as money transfers and more medical staff are among the measures that are being scrutinised as too stringent. The vice-chairman of the Board of Trade of Thailand, Atip Bijanonda, says these obstacles are making it hard for foreigners to buy condos. Thus, the…
- Property
Covid-19 has accelerated Thailand’s property market disruption by 5 to 10 years
Real estate experts say the Covid-19 pandemic has accelerated a great disruption in Thailand’s property market that was supposed to take place over the next 5 to 10 years. Now, however, experts say it will arrive sooner. According to managing director of Chon Buri-based property developer, Ratanakorn Asset Co., Jugkarut Ruangratanakorn, there are 10 disruptive trends that will challenge the…
- 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…
- 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.
- Business News
Inside story behind the Thailand property seachange
by Bill Barnett of c9hotelworks.com For Thailand’s real estate market, Covid-19 has brought massive changes in lifestyle and ongoing pandemic fatigue is pushing many domestic buyers to shift property investment preferences in favour of resort or countryside destinations. Whether you call it Plan B, a sea change or an escape plan, one thing for certain is that change is in the…
- 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
Thailand Retirement and Digital Nomads – Missed visa opportunities | VIDEO
Two visas Thailand should be promoting right now! If there were two more groups, more perfect suited for the Thai lifestyle, I don’t know what they are. Thailand’s immigration laws for long-stays have always been a challenge, retirement is just one of those categories. It would seem like a perfect win win situation to invite people to come and live…
- Thailand News
Tower Of Babble – Have your say on The Thaiger | VIDEO
Tower of Babble is where we read some of your comments to The Thaiger YouTube videos. Some are insightful, some are interesting, some need to be shared! And some are just plain funny. If you leave a comment under any of our videos it may be shared on our Tower of Babble each day. Go to our YouTube channel and…
- 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…
- World News
FazWaz accelerates growth in SE Asia property market with latest funding round
FazWaz, a leading real estate transaction marketplace headquartered in Bangkok, has raised a new round of funding to accelerate growth into 2021. Serial investor and Online Marketplaces Chairman Simon Baker via CAV Investment Group says he’s been closely following FazWaz for the last 3 years since they first attended our Property Portal Watch Conferences in 2017. “I believe that their mission…
- Thailand News
Thailand News Today | Golf STVs, Russian head-butted, protest latest | Nov 9
Thailand News Today, stripped-back-version today. All the news you need to know about Thailand from The Thaiger. (Original story and link for Pattaya Russian assault story HERE) Protesters face water cannons as they deliver thousands of letters to HM the King Police turned the water cannons on thousands of protesters again as they tried to march to the Grand Palace…
- Economy News
Bangkok office rents drop for the first time in 10 years
As the coronavirus pandemic continues to take a toll on Thailand, and the region’s, economy, Bangkok office rents and occupancy rates are expected to drop after consistent growth over the past 10 years, according to Colliers International Thailand. It will be the first contraction in that sector since 2010, according to the property consultancy’s associate director of research and communication,…
- Expats
Expat shift drives changes in Bangkok’s condo market
Thailand’s dominant working expat nationality in past decades has been Japanese, currently making up 18% of expatriates in the country. But, while Japanese expatriate numbers are decreasing, a CBRE report notes that Chinese and Filipinos are on the rise. There were 28,560 Japanese expats in Thailand as of Q3 2020, just ahead of the Chinese expat contingent at 25,811. As China’s manufacturing has…
- 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…