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Changes to the leasehold bill ‘unlikely to impact property market’

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Changes to the leasehold bill ‘unlikely to impact property market’ | The Thaiger

Changes to the Leasehold Bill looks likely to update the way foreigners can maintain rights to use land in Thailand. A new bill has been approved by the Thai cabinet and could become law following the public hearing process that finished yesterday.

The intention of the changes to the bill, mooted last year, is to make leasehold arrangements more secure and attractive. It would also allow lessees to sublet, renovate a property and even inherit without the consent of the lessor. Lease rights will also be able to used as collateral.

Investors and lawyers have so far given the proposals a thumbs up saying that the new Bill is a ‘positive step forward.

Under current laws a lease agreement is automatically terminated up the death of the lessee.

Experts see one of the main improvements in the Bill is that leases will now be able to be mortgaged and make leases legally ‘saleable’, turning them into actual assets.

If the Bill goes into law under its current form leases for residential property will remain at 30 years and 50 years for commercial properties.

Experts don’t believe that the Bill ‘make-over’ will have any effect, either way, on Thailand’s residential property market.

Read more about the proposed changes HERE.


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Bangkok

Kitten rescued from wall space after being stuck for three days

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Kitten rescued from wall space after being stuck for three days | The Thaiger

A kitten was rescued last night after it got stuck in a narrow five-inch wall space behind a 7-11 convenience store in Samut Prakan’s city district.

Staff of a 7-Eleven shop in Bang Pu Industrial Estate called the Bang Pu 811 Rescue Unit for help.

The staff say they had heard a kitten’s faint meows behind the wall for three days. A rescuer climbed up on top of the wall and lowered a rope with a noose to carefully pull up the kitten.

The space between walls was only five-inch wide and about three metres high.

So, that’s eight live left.

Kitten rescued from wall space after being stuck for three days | News by The Thaiger Kitten rescued from wall space after being stuck for three days | News by The Thaiger

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Phuket

Tourist Police service centres being set up on Phuket beaches

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Tourist Police service centres being set up on Phuket beaches | The Thaiger

PHOTO: TravelScams.org

The Phuket Tourist Police are poised to improve marine and coastal safety by setting up service centres on Phuket beaches, starting initially with Kamala and Karon Beach.

The Tourist Police Division 3 Chief Major General Unggoon Klaiklueang says, “We have been planning on the project to set up the tourist service centres at Phuket’s busiest beaches.”

“The centres will be based in mobile modified shipping containers. Each centre will has two tourist police with an ATV vehicle (All-Terrain Vehicle)”

“We are planning to set up these centres on 12 Phuket beaches. We will start with Kamala and Karon Beach first. It is expected to be done before New Year as there will be a lot of tourists during that time, especially those locations.”

“By providing tourist police on beaches we be able to improve beach safety, for example if swimmers don’t listen to the warnings from lifeguards.”

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Phuket

Phuket Police officer transferred after gambling den raid

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Phuket Police officer transferred after gambling den raid | The Thaiger

Five Kathu Police have been transferred to the Phuket Provincial Police Station after a gambling den raid. Soldiers raided a gambling den in Kathu on Tuesday night. More than 56 gamblers were arrested.

Read more about the raid HERE.

The order issued yesterday was signed by the Phuket Provincial Police commander Maj Gen Wisan Panmunee stating that five Kathu Police have been moved to the Phuket Provincial Police Station.

The five Kathu Police have been named…  Kathu Police Chief Col Jakkrawat Boontaveekunsawat, Kathu Police Deputy Chief Lt Col Chalermchai Hernsawat, Lt Col Chao Pomna and Maj Nopparut  Sukkree, and Inspector of investigation Police Maj Jaronthorn Donnayanrit.

Maj Gen Wisan says, “All five police are now working at the Phuket Provincial Police Station while an investigation is being undertaken on allowing gambling den in the area. We have been strictly enforced on preventing any gambling den in Phuket.”

Phuket Police officer transferred after gambling den raid | News by The Thaiger Phuket Police officer transferred after gambling den raid | News by The Thaiger

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