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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Mind the gap: Gender equality event returns to tackle key issues faced by women in the workplace
Phuket Hotels Association, the non-profit organisation of hoteliers focused on creating a positive future for Phuket, and C9 Hotelworks, the award-winning hospitality consultancy, will continue to drive the agenda for equality, diversity and inclusivity in the hospitality industry as it hosts the second annual edition of Mind the Gap: Women & Diversity in Hospitality, an important and empowering conference that…
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Phuket’s real estate world’s collide as off-plan sales flatten in wake of growing resales
Phuket’s massive influx of new real estate development is witnessing rising competition from the secondary marketplace. The collision between off-plan property sales and resales is inevitable given the sheer number of units being completed and a growing critical mass of older properties. Comparing primary and re-sale transactions on the island from the first four months of the year compared to…
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Best types of properties to buy in Phuket 2024
Investing in Phuket provides a unique opportunity to capitalize on one of Southeast Asia’s most sought-after destinations. Phuket offers a diverse range of investment options, from luxury condos, and beachfront villas to vacation rentals. With its well-developed infrastructure, favourable investment climate, and growing demand for real estate, Phuket is becoming a top choice as a prime location for investors looking…
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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…
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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…
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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,…
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Discover the pinnacle of beachfront luxury: Why InterContinental Residences Hua Hin is the ultimate investment
Known for its breathtaking blue ocean and serene atmosphere, Hua Hin’s allure dates back to the 1920s when the Royal Family chose it as their summer retreat. Today, it still retains its reputation as an elite playground. Thanks to its seamless blend of modern amenities with tranquil surroundings, it’s a top destination for investors and individuals seeking luxury living experiences.…
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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.…
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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…
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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…
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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…
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Scope Langsuan penthouse frenzy: Bangkok’s priciest pad finds a buyer in a flash
A penthouse at Scope Langsuan in Bangkok swiftly changed hands for 436 million baht (US$11.832 million) just one week after hitting the market, setting a new record as Thailand’s most expensive condominium. Scope Langsuan is a collaboration between Scope Company Limited and SC Asset Corporation Public Limited. The condominium is positioned as an ultra-luxury residence targeting an international premium group,…
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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…
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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…
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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…
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FazWaz, leading real estate company in Thailand, announces Agent Recruitment Event
FazWaz, one of Thailand’s leading real estate companies, is looking to expand its team of experienced property agents to continue providing exceptional services and meet the growing demand for real estate in the country. The company will be hosting a recruitment event on Friday, May 5, 2023, at the Four Points by Sheraton at Patong Beach, in two separate sessions,…
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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,…
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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,…
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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.…
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Ready-to-move-in condos in Thailand attracting Chinese buyers
The Covid-19 pandemic has driven many Chinese nationals to speed up their relocation to Thailand, with the majority looking to buy ready-to-move-in condos. Kashif Ansari, the CEO of Juwai IQI Group, a real estate marketing firm in China, reckons that Chinese buyers are in a rush to make their move to Thailand right away, instead of waiting for two years.…
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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…
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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…
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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…
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Low-Rise House Key Driver In Property Revenue Hits New Heights
The third-quarter presales and revenue of major SET-listed property developers reached a record high thanks to an economic resurgence fueled by tourists’ in the second half of this year. Key SET-listed developers in Thailand, such as Supalai Plc, Sansiri, Noble, and AP development revenues, hit new heights in the third quarter of 2022. The third quarter of 2022 saw Supalai…
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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…
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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…
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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…
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Survey names Lat Phrao as most desired district in Bangkok
A recent survey by Kaidee Property makes interesting reading for those interested in Bangkok’s real estate market. The online buying and selling platform revealed that during the first six months of this year Lat Phrao district was the most searched residential area in the capital, followed by Chatuchak, Bang Khae, Suan Luang, and Lat Krabang. Turns out these five areas…
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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…
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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…
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