sales
- Business News
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…
- Covid-19 News
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…
- Covid-19 News
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…
- Covid-19 News
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…
- Covid-19 News
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 News
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…
- Covid-19 News
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…
- Covid-19 News
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…
- Crime News
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…
- Covid-19 News
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 News
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…
- Property
Major condo developers in Bangkok are looking for rental clients
As sales have taken a nosedive since last year, major condominium developers in Bangkok are looking for rental clients. As an example, L.P.N. Development, which developed condominiums and houses under the Lumpini brand, is offering newly-launched condos for rent. The company plans to attract tenants by offering lower or slightly lower rents than the market price for a 3 year…
- Thailand News
No alcohol sales today – Makha Bucha Day
A 24 hour ban on alcohol sales for Makha Bucha Day will remain in effect until midnight tonight (Saturday). Makha Bucha is a sacred Buddhist holiday which refers to a day to honour the third lunar month and, in particular, the Buddha and the teachings that he delivered on the full moon day of the fourth lunar month. The 24 hour…
- Things To Do
10 proven tips to sell your property quickly in Thailand
Selling property can be a headache, especially when you sell in an unfamiliar market like Thailand. However, it doesn’t have to be like that. There are several fool-proof ways we have gathered from experienced agents at Thaiger Property in Thailand to help you increase your viewings and sell your property faster. 1. Have the right attitude Thailand is a buyer’s…
- Property
14% of condos around Bangkok are empty – good time to buy
Looking for a condo around Bangkok? Now might the right time to take the plunge with the head of the Appraisal and Estate Agents Foundation saying some areas have between 8-14% vacancy rates, some areas of Bangkok up to 17.5%. Dr Sophon Pornchokchai made the remarks at a news conference yesterday. “Adding developer price wars, plus inducements to purchase, this…
- Phuket News
Laguna Phuket launch entry-level condos
Laguna Phuket has launched a new entry-level condominium project named SkyPark. Pre-launch pricing ranges from 2.9 to 4.3 million baht for fully furnished units. The SkyPark development has three condominium blocks of approximately 140 units each, so 420 units in all. Unit types start at studios (28 square metres), one-bedroom (30-39 square metres) and two-bedroom (40-60 square metres). Features include rooftop…
- Technology News
Huawei grows 41%, Apple tanks in China
PHOTO: Huawei remains a popular brand in Thailand with models at both ends of the price spectrum Huawei has dominated the Chinese smartphone market in Q1 2019, taking a record 34% share as rivals Oppo, Vivo, Xiaomi and Apple all struggled. Huawei may feeling the heat from a US-led campaign against the Chinese tech company, but in China its smartphones are outselling…
- Bangkok News
Bangkok Motor Show opens as Thai car sales move online
PHOTO: New Nissan all-electric LEAF, on display at the Bangkok Motor Show by Kingsley Wijayasinha “Despite the increase in sales online, including new automobiles, we’re not worried that fewer people will show up at the event to purchase vehicles.” More than 1.6 million visitors are expected at this year’s Bangkok International Motor Show, which kicks off today at IMPACT Muangthong…
- World News
Thai rice exports facing strong regional competition
Rice exports are down in February’s sales figures, in both total volume and value. High prices and competition from Vietnam are being blamed, along with the ongoing strong baht. Rice farmers also say they are concerned how long the hot season will last which will also affect their planting schedules for this year. The Thai Rice Exporters Association says that…
