Thai Life

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    5 ways retirees in Thailand lose money (and how to stop it)

    Retiring in Thailand can be affordable and enjoyable, but many retirees lose money due to common mistakes. High living costs, scams, and unexpected expenses can quickly drain savings. There are five ways that retirees in Thailand can lose money and...

  • Thailand self-built home costs to rise at least 5%, as metal and fuel prices spike

    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…

  • Thai steel producers brace for higher production costs, slower market

    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.…

  • Sansiri to launch 28 low-rise properties in 2022, bolstering ‘affordable’ housing in Thailand

    Sansiri to launch 28 low-rise properties in 2022, bolstering ‘affordable’ housing in Thailand

    Thailand real estate developer Sansiri says it aims to launch 28 new projects worth 39 billion baht in 2022, more than double last year’s figure, citing its growing confidence in low-rise housing projects for the domestic market. Last year, Sansiri’s presales for low-rise properties totalled 22.4 billion baht, comfortably exceeding its goal of 20 billion baht by 12%, according to…

  • Bangkok office owners should update, renovate now — JLL Thailand

    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…

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

    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…

  • Sena to expand housing, warehouse portfolio in 2022

    Sena to expand housing, warehouse portfolio in 2022

    Sena Development intends to expand into warehouses, serviced apartments and asset management in 2022, while also developing 49 new residential properties valued at 27.5 billion baht. This year, the company intends to venture into new sectors in order to increase stable earnings from regular income, with the majority of new operations connected firms that can help with property development, the…

  • Rent in Singapore reaches 7 year high, despite decreasing population

    Rent in Singapore reaches 7 year high, despite decreasing population

    Home rentals in Singapore, already among the world’s most expensive locales, have increased to a seven-year high, despite the city-state’s population decreasing in the last two years. The rental price index for private residential buildings rose to 114.2 in the fourth quarter last year, an increase of 9.9% compared to the same period last year, as demand outstrips supply, affected…

  • Origin to launch 31 projects, targets 17.5 billion baht

    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…

  • BTS score their second win as ‘Global Recording Artist of the Year’ from International Federation of the Phonographic Industry

    BTS score their second win as ‘Global Recording Artist of the Year’ from International Federation of the Phonographic Industry

    Superstar K-pop band BTS have won the The International Federation of the Phonographic Industry’s 2021 Global Recording Artist of the Year award, again. It’s the second year in a row for the seven-member group. BTS again received the award based on their worldwide performance across digital and physical music formats over the past 12 months. Around the world, BTS were…

  • Thailand real estate market to see post-pandemic boom by 2024

    Thailand real estate market to see post-pandemic boom by 2024

    Real estate developers in Thailand should brace themselves for a post-pandemic boom, despite the current inflation and higher development prices, economists say. After a 2 year slowdown during the pandemic, Thailand will enter a new economic phase from 2022 to 2024, according to Bangkok Bank’s Senior Executive Vice-President Kobsak Pootrakool in the Bangkok Post. “We are getting close to the end…

  • AP to launch 5 condo projects for 13 billion baht in 2022, early pre-sale gains

    AP to launch 5 condo projects for 13 billion baht in 2022, early pre-sale gains

    AP Thailand is planning to develop 5 apartment complexes at a projected cost of 13 billion baht in 2022, citing a significant increase in presales in Bangkok’s condo market in Q1 this year. The chief of the condominium business group says the condominium market in Bangkok has shown positive signs in the last six weeks, with AP registered 1.08 billion…

  • Pruksa plans to invest 3.5 billion baht in property, healthcare and tech startups

    Pruksa plans to invest 3.5 billion baht in property, healthcare and tech startups

    Pruksa Holding plans to spend 3.5 billion baht in property and healthcare technology businesses to improve its primary operations and increase cash flow, following a 2 year restructure and stock clearance. The CEO stated that the company’s two major operations, property development and hospitals, will be synergised with technology and innovations. Their plan is to invest in startups via joint ventures…

  • Central Pattana reports B7.1 billion profit in 2021

    Central Pattana reports B7.1 billion profit in 2021

    Central Pattana, a retail and property developer in Thailand, made 7.1 billion baht in net profit and received 28.9 billion baht in revenue in 2021, despite Covid-19 challenges. CPN’s Chief Financial Officer described 2022 as another difficult year for the company since the pandemic has had a greater impact on customers’ lifestyles and numerous businesses than the previous year. “The…

  • Top 5 pool villas in Phuket recommended by CBRE

    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…

  • Thailand’s real estate sector to remain depressed until 2024, despite strong predictions

    Thailand’s real estate sector to remain depressed until 2024, despite strong predictions

    Despite big plans and strong earnings predictions from local real estate developers, Thailand’s real estate market might not even return to pre-pandemic levels until at least 2024. This from the Government Housing Bank. Factors cited include a slow economic recovery, inflation, and the latest variant of the coronavirus, Omicron, which has depressed local business activity since the middle of December…

  • Survival Guide: How much does it cost to live in Thailand?

    Survival Guide: How much does it cost to live in Thailand?

    Thailand gets a lot of attention as a fantastic travel destination in Southeast Asia; it’s also a great place to call home. The most common questions before moving to a new country include, “How much is it going to cost me?” and, “Is X amount enough each month?” While there are no fixed amounts, we are here to help paint…

  • Large apartments in high demand in Bangkok, despite higher prices

    Large apartments in high demand in Bangkok, despite higher prices

    The resale market is predicted to see steady strong demand for larger condominium units this year, despite higher prices for smaller units in new Bangkok developments. CBRE Thailand stated apartment buyers were seeking bigger apartments in popular locations at reasonable rates, the Bangkok Post reported. Consumers of resale condos like spacious properties with a separated workstation from the lounge. These…

  • Movie Guide: Top Thai films to watch on Netflix 2022

    Movie Guide: Top Thai films to watch on Netflix 2022

    There are countless movies to watch at home, whether it’s on one of the many streaming services, that dusty DVD collection you have laying around, or even your favourite pirating site (not recommended). But what about Thai films? When it comes to local Thai entertainment, choosing a movie to watch after work, on a date or on vacation can be…

  • SC Asset to develop 27 domestic projects in 4 years, targets 100 billion baht in revenue

    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…

  • Dusit continues asset light hotel development plan for 2022

    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…

  • UPDATE: Spotify removes over 100 old Joe Rogan Experience episodes

    UPDATE: Spotify removes over 100 old Joe Rogan Experience episodes

    Streaming service Spotify has now removed 113 episodes of the highly popular Joe Rogan Experience from its platform. It follows an apology from Joe Rogan, for using racial slurs on his podcasts and comes just 2 weeks after another controversy regarding criticism of apparently misleading Covid-19 guests and conversations. The Instagram apology isn’t directly related to the mounting criticism over some…

  • A night with the Junkies! Phuket’s Junkyard Theatre.

    A night with the Junkies! Phuket’s Junkyard Theatre.

    By Barry Daniel As a quiet, bookish type I’ve only taken LSD a few dozen times, but my recent Saturday night at the Underwood Art Factory Junkyard Theatre Show was far better than any other trip I’ve experienced! Half way along Phuket’s By-Pass Road in the middle of the island, lies the Underwood Art Factory’s psychedelic parallel universe which has…

  • Thailand real estate prices expected to rise in 2022

    Thailand real estate prices expected to rise in 2022

    Since the first quarter of 2020, the home price index has been declining while new home prices have increased. Several pandemic-related factors are to blame, including an increase in the costs of fuel and construction materials, along with higher inflation and a labour shortage. The compounding of these pressures mean real estate prices in Thailand are ready to rise in…

  • Property juggernaut AP Thailand to launch 65 projects costing B78 billion in 2022

    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.…

  • Proposals to up foreign ownership quota for condos, extend leasehold rights rejected

    Proposals to up foreign ownership quota for condos, extend leasehold rights rejected

    While plans for a 10-year visa scheme for the wealthy and high-skilled professionals is moving forward, proposals to increase the foreign ownership quota for condominiums and the maximum lease for foreigners were rejected by Thailand’s Centre for Economic Situation Administration. The proposal to allow foreigners to hold ownership of one rai of land for residential purposes was agreed in principle.…

  • Property Spotlight: Plum Condo Bangyai Station in Nonthaburi

    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…

  • Chinese buyers dominated Thailand real estate market in 2021

    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,…

  • Survival Guide: How much does it cost to live in Thailand?

    Survival Guide: How much does it cost to live in Thailand?

    Thailand gets a lot of attention as a fantastic travel destination in Southeast Asia; it’s also a great place to call home. The most common questions before moving to a new country include, “How much is it going to cost me?” and, “Is X amount enough each month?” While there are no fixed amounts, we are here to help paint…

  • Property Spotlight: Notting Hill Sukhumvit – Praksa

    Property Spotlight: Notting Hill Sukhumvit – Praksa

    Notting Hill Sukhumvit – Praksa is a 35-floor condominiums project managed by Origin located in Samutprakan, the province directly south of Bangkok. It’s a popular choice for commuters and young professionals in the area looking for modern conveniences at an affordable price point. Community Located within walking distance of Phraek Sa station, three stops from the southern end of the…

  • Thailand will raise 12% fewer pigs this year, livestock department says

    Thailand will raise 12% fewer pigs this year, livestock department says

    Thailand’s livestock department says farmers will probably raise 11.8% fewer pigs this year. Already, male pig breeders have dropped 41.1%, while female breeders have dropped 11%. The department general said this is because of economic conditions during the pandemic, and also farmers not having too many pigs in case of disease outbreaks. There are 107,000 pig raisers in the country,…