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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Sponsored Thailand health insurance that covers chronic conditions: What expats need to know
The Thaiger key takeaways Managing chronic conditions in Thailand requires health insurance that covers specialist visits, medications, tests, and hospital stays. Cigna offers high-coverage plans with access to top hospitals, direct billing, and telemedicine support for convenient long-term care. Expats...
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Is Phuket the island of scams?
With powdery white-sand beaches and sparkling blue ocean stretching as far as the eye can see, it’s easy to fall in love with Phuket. For many years, the island has been attracting holiday-goers seeking tropical gateways, as well as digital nomads, remote workers, and retirees looking for cost-efficient places of living. Hundreds of thousands of foreigners have settled and made…
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Hotels are expected to see a large jump in earnings
Thai property giant Singha Estate predict a large jump in hotel revenue in 2022, and a considerable increase in real estate sales, following the return of international travellers after Thailand’s reopening. Once hotels revive, earnings from the hotel sector will increase from 4.5 billion baht in 2021 to 9 billion baht in 2022, according to the Chief Financial Officer of…
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Pandemic causes surge in demand for larger living space
Property buyers in Thailand are becoming more interested in spacious homes. The surge in interest particularly started in the early days of the pandemic. During those days, buyers were on the hunt for properties that would allow them to live comfortably while providing more space for their families to work and study from home. According to CBRE’s report that came…
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Experienced developer goes bigger and better
Urban dwellers are now looking to escape to spacious villas offering unparalleled luxury as global tourism slowly comes to life and Thailand’s border gradually opens up. Phuket, an island home to Thailand’s most luxurious and beautiful villas, captures many eyeballs. Let’s talk about one of Phuket’s most experienced developers, Trichada’s new project- Trichada Breeze. Just three weeks into the soft…
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Inflation forces real estate developers to readjust prices
To compensate for the sluggish real estate market after prices have risen due to higher costs caused by the Russia Ukraine war, real estate developers should downsize unit sizes and readjust some features. Furthermore, in order to avoid incurring greater costs as a result of the new tax, real estate developers will be more selective when purchasing property for their…
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3D walkthrough to these breathtaking villas in Koh Samui
The best way to get a feel of your dream villas in Koh Samui is to pay a visit and explore them in person, but that’s not always possible. Thanks to technology, now you can take 3D walkthrough to take a look around your dream vacation home without leaving the comforts of your living room! Below, we’ve listed 3D walkthrough…
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How living the dream became a nightmare for Phuket property buyers
Dreams die hard, even in a pandemic. But for thousands of Phuket property buyers who invested in the promise of a tropical dream with endless sunsets, the stone-cold reality of failure is just starting to hit home. Amidst a backdrop of rusting steel, decaying concrete, and empty construction sites lays the dark side of the island’s real estate trade. To…
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Rental demand soars, as Phuket real estate returns to fundamentals
Urban flight has driven Phuket’s once investment-focused property market in an entirely new direction. This seismic shift has resulted in a dramatic return to real estate basics. Focusing on the pandemic era of the past two years, a constant flow of new incoming residents from both abroad and Bangkok has seen the scales tip, as rental demand has vastly exceeded…
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Thailand real estate sales projected to stay strong in 2022 — CBRE
CBRE plans to sell 14 billion baht in real estate this year, representing a 15% increase year on year, with luxury low-rise residences and resort villas being the main sellers. The company reportedly made 12 billion baht from real estate sales in 2021, an increase of 30% from the previous year. Luxury low-rise homes and villas have increased in popularity…
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Nawarat to launch 2 projects at 2 billion baht in 2022
After a two-year break, contractor Nawarat Patanakarn aims to launch two new home projects costing nearly 2 billion baht in 2022. The new developments will be close to existing ones that are nearly sold out or have a high demand. The company aims to earn 600 million baht by year’s end, a conservative estimate well below its 690 million baht…
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The Standard to debut second Thailand hotel in May
The Standard is a decorative American hotel company recognized for its creative approach to hospitality. The company will debut its newest Thailand hotel at Mahanakhon in Bangkok on May 11. It will be the brand’s flagship hotel in Asia, with 155 rooms and a variety of international cuisine. Booking began last month. The brand’s shiny new centrepeice will be located…
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Unsold properties saturate Thailand real estate market, may breach 1 trillion baht
Developers of residential properties in Thailand should exercise caution when announcing new properties this year, as their collective plans represent the largest amount of new properties in more than a decade, warns Asia Plus Securities. Meanwhile, unsold properties present a high level of risk and might exceed a total value of 1 trillion baht. The word of caution comes as…
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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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Did the Sandbox impact on Phuket’s property market?
property newOver 42,000 travellers, in the months from July 1 to September 30, used the Phuket Sandbox as an international gateway to enter Thailand. For the island’s broad real estate sector, which has been challenged by the drawn-out, 18 months of the pandemic there have been a series of notable pivots within the residential property sector. With investment-oriented, yield-focused hotel…
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Thailand makes top 5 list of places to buy real estate overseas
Thailand has made number 4 on the list of best places to buy real estate overseas, according to LiveandInvestOverseas.com. As the overseas property market is booming, thanks to the Covid-19 pandemic, the website says such property stands out among others, as it is a hard asset that provides diversification of asset class and likely currency. What this means, essentially, is…
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