Thai Life
Discover the latest regional stories and happenings in Thailand with The Thaiger, your source of credible, informative, and reliable updates. Stay informed about important local events, political happenings, social issues, cultural highlights, and entertainment stories, all curated to ensure you never miss out on what’s happening in the Land of Smiles. Our journalists will keep you informed with all the essential Thai life updates and allows you to connect with the community and experience Thailand like a local.
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Sponsored Fourtwenty High Garden 4/20 celebration 'Up in The Clouds'
Fourtwenty is thrilled to announce its flagship event “Up in The Clouds,” a celebratory gathering on the internationally recognized day of cannabis culture, April 20th (4/20), hosted at the scenic Fourtwenty High Garden. The event is set to kick off...
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Singha Estate to invest B11 billion in projects in 2022, targets hotels and offices
Thailand property giant Singha Estate says it wants to invest 11 billion baht in new and current projects in 2022, aiming for a 73% increase in revenue — as soon as global tourism improves. Of that figure, some 4 billion baht will be reserved for fresh plots of land for low-rise housing developments aimed at the upper end of the…
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Central Patana to open largest mixed-use project in Chanthaburi
Central Pattana is set to unveil Central Chanthaburi — the largest and most comprehensive mixed-use development in eastern Thailand. The complex, which is scheduled to officially open on May 26, will exemplify the company’s mixed-use project model in urban cities to strengthen the local economy. Central Chanthaburi is anticipated to be a new city landmark, consisting of a hotel, shopping…
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Singapore home sales down 22%, as expat workforce hits 12-year low
Home sales in Singapore have fallen to their lowest rate in nearly 2 years, as cooling policies and rising property taxes slowed the residential market. The number of foreign white-collar professionals working in the city-state has also reached a 12-year low. The poor property sales reflect a lack of consumer confidence after the Singapore government raised taxes on high-end residences…
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Siamese Asset plans 6 residential properties, targets healthcare and foreigners
Siamese Asset plans to build 6 new residential properties in the Bangkok area for a total cost of more than 11 billion baht, including properties that would provide nursing care for the elderly and rehabilitation clients. Siamese Taling Chan is one of the new projects the company has envisioned for the healthcare sector in 2022. It would be a combination…
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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.…
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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…
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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…
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CBRE offers luxury coastal lifestyle in Phuket 2022
Sponsored Article CBRE Thailand Phuket, located in the south of Thailand, is famous for its wonderful tropical settings, idyllic beaches, breathtaking beachfront, hilltop properties, and vibrant community of ex-pats. The island offers a high standard of living at a reasonable cost compared to other top holiday destinations, and its well-deserved reputation for luxury and exclusivity make it one of the…
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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…
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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…
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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…
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Thailand developer Sansiri to focus on low-end, affordable apartments in 2022
Sansiri says it will put lower-end apartments on the market a month before they are finished, and will collaborate with banks to secure the transfer of units with reduced mortgage loan rejections. The approach can assist the company in achieving sales and transfers in lower-end sectors with greater mortgage rejection rates than others, according to the assistant executive vice-president for…
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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…
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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…
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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…
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City Guide: How to get around Bangkok 2022
There are many ways to get around Bangkok. You’re not limited to the typical big city transpiration options of train, bus or taxi. In fact, there are many other ways that are convenient to get around, though some take more time to do so. Those who have visited Bangkok before will know how to navigate the concrete jungle, but newcomers…
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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…
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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…
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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…
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Bangkok office owners face flood of new competition – CBRE
As the office sector experiences its lowest net take-up rate, Bangkok landlords should upgrade their existing properties and provide better and more flexible leases to lure renters, before a massive amount of new places start to open, stated consultancy firm CBRE Thailand. The pandemic has had the most significant impact on Bangkok office spaces since the 1997 financial crisis. “There…
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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…
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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…
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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…
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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…
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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…
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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…
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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.…
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Streaming services rake in more than 815 million baht, emerge as new cash cow for Thai entertainment industry
The Department of International Trade Promotion announced on Tuesday that international streaming services like VIU, iQiyi, WeTV, and Netflix, alongside the Thai film industry, have earned Thailand more than 815 million baht. The news comes after the DITP held a meeting with members from international streaming providers and 15 Thai content creators to improve their relationship on January 27. This…
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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…
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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,…
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