sales
- Property
Condominium sales slow down in Hua Hin and nearby coastal areas during pandemic
There’s a low demand for condominiums in the coastal areas of Hua Hin, Cha-am and Khao Tao. Only two new projects for sale were launched in the resort communities last year. Hua Hin, a seaside resort district in Prachuap Khiri Khan, about 3 hoursdrike south of Bangkok, is still a popular vacation spot, however, condominium sales there remained low throughout…
- Thailand
Lazada, Shopee go head to head in attracting more online shoppers
The Internet shopping websites of Lazada and Shopee are going head to head as they are competing for more online shoppers. The economic downturn has prompted more efforts to attract new shoppers just as the festive sales season is right around the bend. Thanida Suiwatana, chief business officer of Lazada Thailand, says the Covid-19 pandemic has spurred a new trend…
- 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…
- Thailand
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…
- Expats
Alcohol bans tomorrow and Monday in Thailand
2 Buddhist holidays, Asahna Bucha Day, and the start of Buddhist Lent, fall on this weekend. As a result the government has added Monday, July 6, as a national holiday. There will be an alcohol ban tomorrow, Sunday (July 5) and Monday (July 6). No alcohol will be sold or served on these days. The dates of these important Buddhist…
- Economy
Draft law would ban online alcohol sales in Thailand
In April, the government imposed a nationwide ban on the sale of alcoholic beverages as part of the Emergency Decree to stem the spread of Covid-19. Now the country’s top alcohol regulator has approved a draft regulation to ban online alcohol sales. The move comes after alcohol watchdog groups urged the government to crack down on the online sales, which…
- 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,…
- Chiang Mai
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…
- Business
Developers need to clear stock, heavy discounting in property market
ADVERTORIAL Property prices are expected to decline by double digits in the next few months as Thailand’s property developers begin to offer more sales incentives in response to post Covid-19 markets. A recent survey by leading property portal FazWaz indicated that 50% of Thailand’s property developers are considering discounting at least 20% off minimum benchmark prices. Brennan Campbell, CEO at…
- Coronavirus Thailand
Thailand re-opens its doors tomorrow
Thailand springs back to life tomorrow (Sunday) with the alcohol sales ban being lifted and a raft of shops and services allowed to re-open, but under strict guidelines. Expect a lot of taking of temperatures, hand sanitisers at the entry of all shops, and the need to adhere to social distancing guidelines and the wearing of face masks. The list…
- Coronavirus Thailand
National alcohol ban to be lifted from Sunday, May 3
In a surprise turn-around, after extending the national alcohol ban from yesterday for another month, the CSSA have announced that they are revoking the national ban on alcohol sales from this Sunday. But the provisions say that the alcohol can only be bought and must be taken away for consumption at home. You may not consume alcohol at restaurants. There…
- Coronavirus Thailand
Booze ban extended as some businesses allowed to reopen
Although some businesses will be allowed to reopen in some locations as of Sunday, a government spokesman has today confirmed that the ban on alcohol sales will remain in place until further notice. While there is no national order banning alcohol sales, all 77 provinces have done so and have now been ordered by PM Prayut Chan-ocha to keep all…
- Coronavirus Thailand
Possible two day ‘window’ to purchase alcohol before bans re-imposed
You may be able to purchase alcohol again. But you’ll have to be quick. A short 2 day window for alcohol sales is being considered by the CSSA. The current alcohol ban on sales has a sunset clause of tomorrow night (Thursday). But the Centre for Covid-19 Situation Administration yesterday discussed that the ban could be renewed again starting from…
- Coronavirus Thailand
Alcohol industry asks PM to lift booze ban nationwide
Thailand’s alcohol industry is banding together to ask PM Prayut Chan-o-cha to lift the ban on alcohol sales, imposed as part of the national state of emergency to halt the spread of Covid-19. Alcohol-industry organisations, led by the Thai Fruit Wine and the Local Spirit Producer Association, the Thailand Bartender Association and Thai Wine Association, have made their case to…
- Business
PM asks public to cool down on selling their gold
Massive unemployment due to the national state of emergency and the Covid-19 outbreak has pushed gold prices to near a 7 year high, and gold shops throughout the country are running out of cash because so many people are cashing in. In a briefing this week in Bangkok, PM Prayut Chan-Ocha asked the public to show restraint and not to…
- Coronavirus Thailand
When will Thailand’s booze bans end?
Though there has been no national ban on alcohol sales, all 77 of Thailand’s provincial governors have banned booze in their efforts to slow the spread of Covid-19. Many people have now long run down their pre-ban panic-buying stash. There have also been reports of alcohol dependent residents coming to the surface seeking medical help. Bangkok and Chiang Mai both began…
- Coronavirus (Covid-19)
Alcohol Ban in Phuket, from today (Saturday)
The Phuket Governor has issued an order number 1943/2563 which was signed yesterday on April 10. The new order bans alcohol sales in another preventative measure to combat the island’s Covid-19 infection rate. The order is in effect from today, Saturday, April 11, 2020, until further notice. Anyone who breaks the order will be liable to a fine of 100,000…
- Coronavirus Thailand
Bangkok bans booze April 10-20
All sales of alcohol will be banned in Bangkok starting tomorrow until April 20. Police made the announcement this afternoon at the Covid 19 Disease Management Centre in Bangkok. The stated reason for the ban is to encourage social distancing and stop the spread of the Covid-19 coronavirus. However, many netizens have already commented that it follows similar moves in…
- Crime
Trio arrested with 47 kilograms of marijuana they were selling on Facebook
Pattaya police have arrested 3 people on Saturday who were caught with 47 kilograms of marijuana that they’d been selling around Chonburi and Bangkok 20 year old Nakarachai or Pon-noon, 21 year old Muay Subboonto and 20 year old Nawee Cherndecha were arrested after police received a tip-off. The enterprising trio had also been brazenly selling their ‘consumables’ through a Facebook…
- Coronavirus (Covid-19)
Chon Buri bans alcohol sales 6pm to 6am
Chonburi’s governor has banned the sale of alcohol in the province, including Pattaya, from 6am to 6pm, effective immediately, and restaurants are now only allowed to offer takeaways – all to fight the spread of the Covid-19 coronavirus. The order is over and above all other closures in the province over the past two weeks. The provisions of the order…
- Property
Condo developers allow transfer delays for Chinese buyers, due to slowing sales
Thai property developers are sharpening their pencils on sales and allowing variations to contracts on some deals to accommodate some of the challenges posed by the coronavirus outbreak. Now some developers in Thailand have started to extend the transfer period from 3 months to 9-12 months for Chinese clients, according to Angel Real Estate Consultancy. Chinese buyers have paid 30%…
- Business
Chevrolet Thailand says ‘no’ to compensation demands for cars sold before discounts were announced
Yesterday, a group of Chevrolet car buyers submitted a letter to Chevrolet Sales (Thailand) at the company national HQ at Rasa Tower, in Bangkok’s northern suburbs. They were demanding the company should compensate them for having bought their cars at full price, just before Chevrolet announced it was pulling out of manufacturing cars in Thailand. Specifically they were complaining about…
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