FazWaz assumes control of Lifull Connect for Thai global real estate leadership and innovation
Phuket-found PropTech company FazWaz has taken over Lifull Connect, the world’s largest real estate aggregation network, solidifying its position as a leader in the global real estate market. This milestone showcases the potential of Thai companies to succeed internationally. FazWaz and Thaiger share core shareholders...
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Introducing Thaiger Property – 8,000+ listings for Phuket
Phuket Gazette/The Thaiger are proud to launch our new ThaigerProperty.com website. In Phuket, alone, there are more than 8,000 properties for sale on the website and, around Thailand, nearly 40,000 listings – by far the largest selection available. Some of the properties are exclusive, some are ‘motivated sellers’ and there’s also rental listings as well, …
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So you’ve bought a property. Have you checked the management contracts?
by Panuwat Somrit – Phuket lawyer specialising in property Buying or investing in property may seem like a straight forward and easy transaction. You simply pay the money, transfer the ownership and that’s it. But it’s not that way in Thailand. If it were, there wouldn’t be so many issues related to buying property here. Many …
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Bangsaray. Idyllic beaches, tropical retreat. But where is it?
Ever heard of Bangsaray? It’s about 20 kilometres south of ‘Sin City’, Pattaya, and, so far has seemed to retain much of its charm. Remember Pattaya wasn’t much more than a haphazard fishing village 40 years ago (it might be argued that it’s not a fishing village any more but still haphazard). 20 kilometres appears …
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Part of the beach in front of Dusit Thani Laguna is privately owned – Land Office
Phuket Land Office, Thalang District Branch, revealed today (January 8), that the land between the sea and Dusit Thani Laguna is Crown Land (Nor Sor Lor). However, the area where the tourist was asked to move away on Sunday is still covered in the resort’s private property, according to the title. The Land Officer, Yongyuth …
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Phuket’s low season growth produces record tourism numbers in 2017
By Bill Barnett of c9Hotelworks.com For 2017 the island’s gateway airport posted 11.3% year-on-year growth to reach an estimated 8.4 million incoming passengers. This was mainly driven by a 20% surge in Mainland Chinese travelers to the island and a rising number visitors during low season of 11.2% compared to the same period in 2016. …
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Southern style with KA Villas – Rawai beach life in Phuket
Our property of the month. Welcome to the KA Villas in Rawai, Phuket. If you’re looking for location, location, location you get all that with a high standard build and a lifestyle you always dreamt about. Find out more HERE.
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Mega projects to shape Bangkok’s skyline – Thailand Tourism Forum 2018
The Thailand Tourism Forum (TTF) returns for its seventh annual edition on January 22, 2018, gathering more than 650 hotel industry professionals at the InterContinental Hotel Bangkok to discuss the mega-projects that are reshaping Bangkok’s cityscape. Running under the theme ‘Megacity Bangkok – A Tourism and Hotel Futurescape’, TTF 2018 will focus on the redevelopment …
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Residences on the rise
Bill Barnett from c9hotelworks.com reports on the rise and rise of the residential living properties with hotel branding and management…. Property developers across Thailand are experiencing a magnetic attraction for hotel branded residences in order to spur price premium points and buyer demand. Currently there are 29 new hotel residence projects countrywide with nearly 90% …
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Phuket’s Burasari Group Expands Into Hotel Management
Bursari Phuket. Photo courtesy agoda.com by Bill Barnett, c9hotelworks.com One fast emerging Phuket borne hotel chain that is stretching out into expansion is the Burasari Group. Starting out on the island in Patong the current Burasari Phuket now has 184 keys. In a bold move to Bangkok the Shanghai Mansion is in the now trendy Chinatown/Yaowarat …
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Investing in Phuket – Strong fundamentals in a beach location
ADVERTISEMENT Phuket Property Perspectives presented by Phuketbuyhouse.com With Phuket now being ranked as the fifth top holiday destination in the world, tourism is hotter than ever, attracting more and more buyers per year than ever before. Whether it be for investment or residential purposes, the demand is rapidly growing and we can now see a …
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Renovating a property in Thailand? Read this first.
Life and Law in Thailand with Robert Virasin As land prices in prime locations in Thailand go up, condominiums are getting smaller and more expensive. Many people have chosen the option to purchase larger, less expensive properties with the goal of renovating the property. There is a risk to making this choice. There is a lot …
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Hot hotel trends – Branded residences
by Bill Barnett of c9hotelworks.com Asia’s property developers are jumping into bed with hotel groups as branded residences flourish. Southeast Asia’s real estate love affair between property developers and hotel brands is morphing into a feeding frenzy. With nearly 100 mainstream hotel residence projects and over 21,000 units completed, the next three years is set …
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Punching above its weight – Rayong, Thailand
Singapore has been crowned as the Asia-Pacific city of the future by the Financial Times. The city/state was able to attract the largest share of investment in the region in the period 2012 – 2016, putting on top of the Economic Potential category. Asia-Pacific Cities of the Future, by Economic Potential: 1. Singapore 2. Tokyo 3. …
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Ao Sane and Nakkerd Mountain under DSI investigation for encroachment
The DSI deputy director-general, Pol Lt Col Prawut Wongsinil, along with his DSI team, Forestry officers and local authorities, visited two alleged encroached land plots including at Ao Sane Beach (Baan Laem Krating) near Nai Harn beach and Nakkerd Mountain in Karon. The first spot visited was Nakkerd Mountain following complaints about an illegal land …
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Should you pay more for a sea view?
While Phuket is an island, most property buyers are led to believe that sea views or proximity to the ocean are a key driver of real estate value. Fact or fiction? According to data from leading online marketplace FazWaz.com the answer lays inside the numbers. Looking at Phuket’s primary and secondary condominium sector and analysing …
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DSI checking alleged Phang Nga National Park encroachment
The DSI (Department of Special Investigations) are checking two luxury houses located on Pa Kuantohla and Pa Laemsam mountains alongside another 2,000 rai of land that is alleged to have an illegal land deed. After checking the land document at the local land office, DSI have found that the names of landlords are a famous …
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Hi So Hill in Chiang Mai ends up being an expensive scam
Story from Thai language ‘Manager Online‘ The enticing advertisement online promised a dream: quiet retirement in the beautiful hills of Chiang Mai. Many foreigners thought this was what they deserved after a life of saving so they eagerly signed up to buy houses in the luxurious, quality development. Now they are left with illegal properties that they can’t …
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Phuket Waterworld – New ‘off beach’ condo for Bang Tao
A new 555-unit hotel managed residence project named Phuket Waterworld is now offering apartments for sale. Located ‘off beach’, near to Casuarina Shores and the Outrigger Laguna Beach Resort, the project is being developed by the New Nordic Group. Phase one units range for studios from 26 square metres, one bedroom apartments and two bedrooms …
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Sell now or sell later?
Property insights from Bill Barnett of c9hotelworks.com One of the most common mistakes by property developers in hot markets or with premium properties is the misconception that a fast sell-out is good. It’s often hard for real estate sales people whose mantra follow’s the ABC’s (always be closing) to understand the big picture, or more …
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Urban push is on in Phuket’s Cherngtalay area
Phuket tourism is no longer just about the beach and the urban push is ‘game on’. One leading example is Cherngtalay which is near to the destination resort Laguna Phuket and Bangtao Beach. Upcoming in the fourth quarter of this year will be the X2 Vibe Bangtao that is set to usher in a rush of …
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Is Bangkok’s property market cooling off? No, says Bloomberg.
An update on the Bangkok property market from Bloomberg. “We’re still undervalued as a country, compared to Singapore and Hong Kong. And China, in a lot of major cities.” Click the chart to watch the Bloomberg report on Thailand’s biggest property portfolio. PHOTO: fazwaz.com
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Defamation case against BBC’s Jonathan Head has been dropped
The Phuket lawyer, Pratuan Thanarak, who brought defamation charges against BBC broadcaster Jonathan Head, has dropped his criminal defamation suit. Head investigated foreigners being scammed of their retirement homes in Phuket in a 2015 BBC report. Jonathan faced up to five years in jail over the charges. His report detailed how two foreign retirees had their …
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What makes a good rental villa?
Not everyone who has gone through the process of owning or building a villa will want to rent it out. Even if you don’t, rentability can have a significant impact on the asset and resale value so it’s well worth being aware of a given property’s potential appeal to the rental market. Here are a …
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From Russia with Love. Russian buyers on the rebound.
From Russia with Love might is a James Bond 007 thriller but it has also been a mantra for island developers as the past nine months has seen a strong uptick in demand in Phuket real estate by Russian buyers. According to the recently released Phuket Russian Tourism Market report, over 51% of Russian travelers …
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Do we need a new airport at Phang Nga?
As Thailand’s Phang Nga Province recorded a record high of nearly 4.5 million visitors in 2016, the lack of a gateway airport is looking to be a key stumbling block, according to a new report by consulting group C9 Hotelworks. Annual arrivals growth has slowed since 2014, but the compound annual growth rate for the …
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Phuket Report Card August 2017
Story from c9hotelworks.com Phuket’s Provincial government is undertaking a large-scale initiative to tackle the problem of unlicensed hotels. Since the campaign started, a total of 1,007 hotels have now applied for official operating licenses with just six approved to date. The main challenges for the process are the strict regulations associated with the Building Control …
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Property Lawyer Matthew McEvily Passes Away
Well-known longtime Phuket real estate lawyer Matthew McEvily passed away in the United States on June 20th. He was 59 years old. McEvily was actively involved in the real estate sector in Phuket, Bangkok and Samui. For a number of years he was a a partner in McEvily & Collins law firm, and later on …
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Malaysia considers restricting foreign property purchases
A hot topic over the past month has been the Malaysian government’s review and possible increase of the set minimum of investment in property by foreign buyers.Currently the level for the most part is RM1 million (approximately USD225,000), The trigger of the issue has been the weakening Malaysian currency, the ringgit, which has been on …
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Smart solar roofs. Is this the start of free electricity?
There’s always plenty of sun here in Phuket, even in the wet season and particularly in the dry season. For owners of villas and condominiums the changes in weather signal a sharp escalation of electric bills which continue to be one of the leading costs of living in paradise. One new innovation that has caught …
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Property Watch: Welcome to Phuket’s Darwinian season
PHUKET: I love nature, the environment, and all it has to offer. However, I know that my shark fin soup eating ways aren’t popular, and my Darwinistic sympathies applied to nature will be mocked on social media as simplistic and outdated. However, Darwin’s Theory and Phuket are linked. Phuket has it’s own environments – natural …
