Property News

Stay ahead in Thailand’s dynamic property market with the latest news. From property trends to legal updates, our in-depth coverage will keep you well-informed about the Thai real estate landscape. Uncover vital insights, expert analysis, and recent developments to help guide your property-related decisions.

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  • Phuket Hotels Association goes live with ‘absolutely fabulous travel sale’ to raise funds for Thai hospltality students

    Phuket Hotels Association, the non-profit organisation of hoteliers focused on creating a sustainable future for Phuket, has announced that its “Absolutely Fabulous Travel Sale” is back with an amazing array of prizes, including heavenly hotel stays and aspirational travel experiences all around the globe. The annual online auction is a charitable initiative, with all the proceeds being donated to the…

  • 10 Best neighbourhoods for condo investments in Bangkok 2024

    Deciding where to live in Bangkok can be both exciting and overwhelming. Each neighbourhood in this vibrant city has its own distinct charm, culture, and lifestyle tailored to different preferences. There’s no one perfect area for everyone; it all depends on your needs and your personal taste. Factors like proximity to work and school, commute times, and lifestyle choices all…

  • Updated trends in Phuket’s rental property market

    Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID-19 pandemic experienced a sustained uplift and has continued to perform well. Despite a return…

  • Inside the numbers: the potential of a Phuket property bubble

    One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States in 2007. In other sectors,…

  • Banyan Group and Urasaya Property launch Nakhon Si Thammarat’s first luxury residence

    Nestled directly on Thailand’s Gulf Coast, Banyan Tree Residences Sichon represents a pioneering project by Banyan Group, the independent global hospitality company, in partnership with Urasaya Property Co., Ltd, a pioneering real estate developer. This venture not only promises a unique living experience but also marks a significant step in the expansion and diversification of luxury living options in Thailand.…

  • Phuket’s branded residences supply tops USD2.3 Billion

    Phuket has seen an unprecedented onslaught of overseas buyers transform the island into the largest leisure-branded residential real estate market in the world. The current supply of branded properties has now eclipsed a staggering USD2.3 billion and is expected to grow further according to new data from hospitality consulting group C9 Hotelworks. One of the most compelling storylines of Phuket’s…

  • Accor partners with Tytans Properties Development to unveil world’s largest Pullman in Cebu

    Accor, one of the world’s leading hospitality groups, continues its rapid expansion in the Philippines with the signing of Pullman Mactan Cebu Hotel & Residences, which is set to become the world’s largest Pullman property. The signing of the beachfront destination represents a milestone for mixed-use lifestyle real estate in the Philippines, as a new generation of integrated resorts emerges…

  • Siamese Stone just launched The Island Collection, a luxury residence project in Phuket

    Siamese Stone, a joint venture of Siamese Asset PLC, Ritta Holding, Cornerstone, and Dynasty Development, has just launched their highly-anticipated “Island Collection” project on 21 December 2023. The exclusive project, consisting of 9 four-bedroom and five-bathroom private pool villas with a starting price of 69 million baht, marks a significant milestone in the luxury real estate landscape of Phuket. The…

  • Pheu Thai candidate Srettha sues over tax evasion allegations from Chuwit

    In a recent turn of events surrounding the Pheu Thai Party, Srettha Thavisin, the prime ministerial candidate, commanded his legal counsel to start a legal battle against the well-known whistleblower Chuwit Kamolvisit. This move comes in response to allegations raised by Chuwit that Srettha was complicit in tax evasion incidents related to land acquisitions by the property giant, Sansiri Plc.…

  • Luxury meets industrial chic in this one-of-a-kind chocolate factory loft

    The scent of rich, decadent chocolate may have faded, but the sweetness lingers in the air at the site of Bangkok’s most extraordinary loft apartment. This unique, third-floor loft was once a bustling chocolate factory. But now, thanks to the impeccable vision of Regroup Architecture, it has been transformed into a luxurious 3+ bedroom and 4 bathroom residence. Nestled in…

  • Foreign investors target luxury Bangkok condos, India eyes Pattaya properties

    Foreign buyers are showing renewed interest in luxury condominiums in Bangkok, with potential investors primarily coming from China, Myanmar and India. Yesterday, Capital One Real Estate and its representatives have reaffirmed that Thailand’s real estate market is showing positive signs as their portfolio value is on track to reach 50,000 million baht (US$1.42 billion). As a result, foreign market sales…

  • FazWaz’s successful Agent Recruitment Event in Phuket paves way for Koh Samui

    Thailand’s leading real estate company, FazWaz, held a successful Agent Recruitment Event on Friday, May 5, 2023, at Four Points by Sheraton at Patong Beach. The event aimed to give interested agents an in-depth understanding of FazWaz and the advantages of working with the esteemed firm. The recruitment event included informative presentations, speed interviews, and an engaging networking session. Aspiring…

  • Bangkok’s luxury condo market is booming

    Bangkok’s luxury condo scene is booming with rent at some high-end condominiums now hitting 100,000 baht per month, reports BangkokBizNews. Sanchai Khu-Ekachai, Director and Head of Research and Consulting at Knight Frank Thailand Co., Ltd. said… “The condo market began to recover because of demand from foreigners affected by the Russia – Ukraine war, especially condos in Bangkok. Russian tourists stimulated…

  • MQDC unveils Cloud 11 – Asia’s largest hub for content creators with innovative and sustainable building

    Cloud 11, MQDC’s second themed project, aims to become Asia’s largest hub for content creators and a pioneering sustainable project, valued at over 40 billion Thai baht in South Sukhumvit, Bangkok. With a gross floor area of 254,000 square metres, Cloud 11 will showcase a versatile range of facilities, including a creative office and studio space, hybrid retail, smart hotel,…

  • Russian, Chinese investors drive Phuket property market

    The Phuket property market is on fire now, with the help of Chinese and Russian investors. Chinese buyers are reportedly increasing their investments, buying up villas, shophouses, and even orchards, to cater to Chinese tourists. Russian property investors are also contributing to the surge in demand for villas and homes in Phuket. While Russians are interested in buying pool villas,…

  • Prime office location for rent in the heart of Bangkok’s thriving Bang Kapi area

    Looking for a strategic prime office location to establish your business in Bangkok? Look no further than the SINGHA COMPLEX project in the bustling Bang Kapi area. The recently completed office space on the 18th floor of the tower is now available for long-term rent. The indoor area of the office measures 783 square metres and it is currently unfurnished.…

  • Top 5 foreign nationalities buying condos in Thailand in 2022

    Chinese nationals bought the most condos out of any foreign nationality in Thailand this year despite the difficulties posed by Beijing’s strict Covid-19 restrictions, which are finally easing up after three years. In Thailand, foreigners are permitted to own 49% of the units in any condominium building. The remaining 51% must have Thai ownership. Although fewer Chinese bought condos in…

  • Nana Overview Guide in 2023

    Nana,Bangkok is an energetic and dynamic piece of the city, well known among locals and tourists alike because of its many lifestyle amenities. The region has gained notoriety for being one of Bangkok’s top nightlife areas of interest, with different bars and clubs grouped on Sukhumvit Soi 11, 4, and 8. From a private viewpoint, Nana offers a decent selection…

  • Best Pet-Friendly Condo To Buy In Pattaya

    Pattaya is an enjoyable and bustling province of Chon Buri, Thailand, and is well-known for its lively beach town. The city provides plenty of new accommodations with its growing popularity among locals and expats to visit during your Christmas vacation in 2022. Today our guide is on for you to find pet-friendly condos with your furry friend, as moving to a…

  • SET-Listed Thai Developers Sought For Interest Rates Cut

    Sena Development Plc and Sansiri Plc, two developers with SET listings, will speak with banking institutions in an effort to lower the interest rate on mortgage loans for purchasers of energy-efficient homes sale in Thailand, estimated between 0.5% and 1% in the first half of the year 2023. Sena Development’s managing director, Kessara Thanyalakpark, asserted that financial assistance in the…

  • Top 10 nationalities buying condos in Thailand

    Thailand’s Real Estate Information Centre (REIC) revealed the top 10 nationalities buying condos in Thailand in the first six months of 2022, with Chinese and Russian investors leading the way. In Thailand, foreigners are permitted to own 49% of the units in any condominium building. The remaining 51% must have Thai ownership. The Inspector-General of the Government Housing Bank and…

  • Cabinet agrees to let foreigners buy land and houses in Thailand

    A major decision was made today by Thailand’s Cabinet which will allow foreigners to buy houses and land in Thailand. The foreigner will be eligible to buy houses and land if they invest at least 40 million baht in Thailand and can maintain the investment over three years, according to Bangkok Biz News. The land purchased cannot be bigger than…

  • Thailand’s monsoon baht debacle lights fire to Phuket real estate sector

    As Thailand’s monsoon season continues with what seems to be an endless line-up of thunderstorms and massive rain showers, the real story in Thai real estate is the baht. The Thai currency is precariously sitting at a 16-year low against the US dollar and has depreciated by nearly twelve per cent this year. As the exchange rate hovers near the…

  • Phuket real estate shifts tide in wake of urban flight

    Urban flight and a continuous stream of incoming lifestyle residents to Phuket are dramatically shifting Southeast Asia’s leading resort real estate market landscape. The new island property mantra is dominated by surging demand for single-family homes and larger condominiums. Phuket has witnessed a sharp change from 2019 when over 9 million tourists sought a place in the sun, highlighted by…

  • Thais prefer to live close to hospitals, not public transportation

    Thai consumers now prioritise healthcare facilities and want to avoid busy and crowded locations. The outbreak of Covid 19 has altered real estate demand away from easy access to public transportation and toward hospitals and better healthcare. A survey was conducted by DDproperty during the first half of 2022, where they asked 1,000 locals aged between 22 and 69 about…

  • Land and building tax payment extended by 3 months

    The land and building tax payment schedule has been extended by 3 months to assist residents and business owners to navigate through difficult financial waters. The end of April deadline has been relaxed until the end of July. Interior Minister Anupong Paojinda says the extra time will allow taxpayers to pay without penalties, and those who have been fined will…

  • RGP adopts cost-saving tactics to sell condos for 1.2 million baht

    Regent Green Power, a property developer known for inexpensive apartment units, is fighting back against the universal cost of living crisis to make prices more affordable for consumers. The Bangkok-based property business says it can build condominiums priced at or lower than 1.2 million baht, for about 25-30 square metres, in areas less than 500 metres from mass transportation. How…

  • Real estate market to experience inflation price hikes

    Rising inflation and interest rate hikes are expected to impact demand for real estate and mortgages in Thailand this year due to the price of new homes rising in parallel with the cost of construction materials, according to the Housing Finance Association. The government’s reaction to the outbreak of Covid-19 has had a major impact on the real estate market…

  • Central Pattana’s 10 billion baht investment in 37 new hotels

    Central Pattana is launching 37 hotels in 27 provinces in Thailand with 4,000 rooms, valued at a total of 10 billion baht, under the Centara Hotels and Resorts brand. The kingdom’s largest retail property development and investment company aims to hire about 3,900 people across the country in the process. The company will focus primarily on second-tier locations, as it…

  • Bangkok target 50,000 new apartment units by 2022

    New apartments in Bangkok are expected to exceed 50,000 units in 2022, beating levels seen in 2020 and 2021 but still falling short of levels seen before the Covid-19 outbreak. If the war between Russia and Ukraine doesn’t escalate and further, and if monkeypox is kept under control (and other ‘problem’ areas of the international economy are kept under control),…