Real Estate Education

Improving Transport Networks Reshaping Bangkok’s Condo Market

Dwindling land banks and rising prices, coupled with improved transport networks, are changing the face of the Bangkok condo market as new projects move further away from the city’s centre; while, oversupply in some areas has the potential to continue to weigh on sales. With the expansion of rail and bus transport network improving connectivity in Bangkok, upper- and mid-range…

TOP 5 MANDATORY PROPERTY CHECKS IN THAILAND

In several countries, once a buyer decides to purchase a property, a deposit is paid, and the parties involved sit back and handover the legal matters to their lawyers. This allows them to concentrate on rather stressful practical issues like furniture removal, checking heater/boilers/air conditioners and often working their way through a set-pattern of interdependent transactions, which in some cases…

Thai Real Estate Market Remains Afloat In Q3 2017

Thai  Real Estate Market Remains Afloat In Q3 2017 The Thai real estate market remains afloat as its economy continues its gradual recovery. According to a new property index, the increase in supply of real estate in the Thai market over this time has provided greater opportunities for new home-buyers. A famous online property portal, recently released a property index…

Thailand Board of Investment (BOI) and HOTELS

Thailand Board of Investment (BOI) and HOTELS Hotel activities (excluding hotel management services), the sale of beverages and food, tourism, etc. are all referred in the Foreign Business Act’s Annex 3 as ‘businesses that Thai nationals are not yet equipped to deal with Foreign competition.’ As a direct result of this, foreigners hoping to pursue a hotel business in…

In Popular Demand: Professional Property Management

In Popular Demand: Professional Property Management According to JLL, with Thailand’s real estate market evolving, professional property management services’ demand is on the up-and-up. In addition to the increase in property development numbers, the rise in awareness of property investors and owners with respect to the need to procure professional property management services for their realty acquisitions is the main…

The Rise In Demand For Public Space In Asian Cities

The Rise In Demand For Public Space In Asian Cities There are some ambitious projects being development in the city of Bangkok, none of which are commercial, residential nor retail in nature. These are, on the contrary, open green-public spaces. According to JLL, a similar situation has been witnesses throughout Asia as city dwellers and governments take more interest…

Visa Incentives To Last Longer?

Visa Incentives To Last Longer?  Thailand’s Tourism and Sports Ministry plans to forward a proposition to the cabinet this coming Tuesday to extend visa incentives by another three months at the least, in an attempt to persuade more foreign travellers and fuel the tourism industry even during the low season. This plan expects to offset the big drop of…

Hotel Big Wigs Say 100 Million Tourists ‘achievable’

Hotel Big Wigs Say 100 Million Tourists ‘achievable’  The private and government tourism operators must work together to help develop better tourism facilities and infrastructure to accommodate the ever-increasing number of foreign travellers to Thailand, says Dusit Thani Plc Executive Committee’s Chairman – Mr. Chanin Donavanik. Thailand has immense tourism potential leading to a projected tourist arrival increase of…

State Land Auction: Minimum 1.5 Billion Targeted!

State Land Auction: Minimum 1.5 Billion Targeted! Thailand’s Treasury Department plans to gather around 1.5 Billion THB at the least from the 15 state land plots being auctioned, according to its chief. Chakkrit Parapantakul, Thailand’s Treasury Department’s Director General stated in a recent interview that the afore mentioned 15 plots of land that are located in 13 provinces will…

Phuket To Have The Highest-priced Villas Built

Phuket To Have The Highest-priced Villas Built The property company Kamala Beach Resort & Hotel Management Co, with its base in Phuket and which is a joint venture with capital from Hong Kong, Singapore and Thailand, has decided to invest in the highest priced villa complex in Thailand. The villas project in Phuket, valued at about 700 Million THB, will…

Bangkok’s Commercial Real Estate Is Going Green

Bangkok’s Commercial Real Estate Is Going Green   A few years ago, the Ministry of Energy and the PTT changed their located to a more modern, highly developed 300,000 m2 office complex called The Energy Complex. This building was the first to have LEED certification labelling it a “green building”, with the highest possible level – Platinum Level. After…

Thailand To Focus on Well-off Chinese Medical Tourists

Thailand To Focus on Well-off Chinese Medical Tourists Statistics indicate that the amount of Chinese tourists that go to Thailand as part of a medical tourism trip together with the number of affluent business people who are willing to spend a fortune on medical visits is impressive. Last year, more than 480,000 visitors arrived from China for medical tourism reasons….

Panasonic Intends to Put Forward An Innovative 2018

Panasonic Intends to Put Forward An Innovative 2018 The world famous Japanese electronics company, Panasonic, has recently announced its plan to enter the Thai property market with the help of a joint venture with a Thai company to commence the construction of not only houses but also shopping malls and hospitals. This is expected to happen within the next two…

CP Land Plc: 2.2 Billion THB Earmarked For Hotels

CP Land Plc: 2.2 Billion THB Earmarked For Hotels CP Land Plc, which is a property division of Charoen Pokphand Group, is planning to set in motion a project to build nine hotels in different Thai provinces in 2017 and 2018, by investing 2.2 Billion THB in total. It also has plans to develop five condominium projects amounting to around…

Bright Future For Bangkok’s Commercial Property Sector

Bright Future For Bangkok’s Commercial Property Sector Although the commercial real estate sector of Bangkok has been through an impressive development phase, arm’s length deals that produce moneymaking assets have been in short supply, as not one Class A office building has been sold for the last ten years. When we talk about an arm’s-length deal we mean a…

What’s the best height for a building?

What’s the best height for a building? There are a number of factors that have worked in combination to lead to the development of high rise buildings or as they are commonly called skyscrapers. Some factors include the need to live, work and shop together with the inadequate land available for housing projects in certain areas. The majority of developers…

Plans For A Railway Connection Between Cambodia And Thailand

Plans For A Railway Connection Between Cambodia And Thailand As stated by a senior official, the end of 2016 will bring the railway project connecting between Cambodia and Thailand to fruition. However, there are still some parts of the line that stretch from Phnom Penh to Banteay Meanchey province that have not been repaired yet. Sun Chanthol, Minister of Public…

Bangkok Leads TripAdvisor’s Bargain Ranking

Bangkok Leads TripAdvisor’s Bargain Ranking  In the last couple of years Bangkok has become world famous for being one of the top ten Asian destinations perfect for a weekend getaway owing to its reasonably rates. TripAdvisor, the well-known travel website, has just published a report with information about the amount of money you need If you want to spend seven…

Auto DraftIs The Ripple Effect Striking The Rupee?

Is The Ripple Effect Striking The Rupee? There’s no denying that it’s always a respectable idea to try to fight against corruption and counterfeiting by eliminating high value bills. However, after looking at what happened in India it’s essential to remember that good intentions are not always enough, especially if there is no planning to support those intentions. Prime Minister…

Japan’s Casinos To Follow Singapore’s model

Japan’s Casinos To Follow Singapore’s model Although Singapore is amongst the top destinations for gamblers worldwide, it still has a lot to learn from Las Vegas and Macau. This is because it only has two casinos located in inconspicuous areas of resorts that catch the eyes of tourists with some other pleasures apart from gambling. Having said that, Japanese authorities…

AirAsia To Lure Chinese Tourists Back To Thailand

AirAsia To Lure Chinese Tourists Back To Thailand Tony Fernandez, the head of AirAsia is fully determined to speed up an airline campaign to persuade Chinese travellers to go back to Thailand. The Chief Executive of the biggest low-cost carrier in Asia thinks it’s the perfect time to cooperate with the Thai tourist industry to lure the Chinese back to…

TAT Calls For Readiness To Tackle Tourist Footfall In Thailand

TAT Calls For Readiness To Tackle Tourist Footfall In Thailand The Tourism Authority of Thailand or TAT for short has suggested that all businesses connected to tourism should be organized for the coming months as there is going to be an increase in tourist-related activities, both locally and internationally speaking. The Tourism Authority of Thailand deputy governor for policy and…

Buffalo’s Attract Tourists To ‘Pig’ Island

Buffalo’s Attract Tourists To ‘Pig’ Island The local tourism authority in Thailand’s southern province of Trang has come up with an unusual project that involves using their local buffalo’s to lure tourists to Pig Island or Koh Sukorn. Koh Sukorn, which means ‘pigs’ in Thai, is not a place where you will actually find pigs due to the high number…

Bangkok’s Market Is Getting A Move On

Bangkok’s Market Is Getting A Move On 2016 seems to have been a great year for the office market considering the restricted provision of office spaces, stimulated rental expansion, and lower vacancy rates, according to a research conducted by CBRE Thailand. Despite the period of sorrow, the office market has been able to maintain its activity. Final take-up is expected…

TripAdvisor: Thailand A Top Destination

TripAdvisor: Thailand A Top Destination According to a recent survey regarding tourists’ appeals in the months of September and October, Thailand offered the widest variety of attractions and options in the Southeast of Asia. The world-famous travel website, TripAdvisor, created a ranking with the best 15 attractions South East Asia has to offer and Thailand could appear in the ranking…

World’s most expensive addresses for the rich!

World’s most expensive addresses for the rich! Many individuals start collecting things either for sentimental reasons, or as an investment owing to the items projected favourable valuation in the future. An individual’s collection can give a great insight into his or her personal taste. What about the rich, what might they collect? Billionaires worldwide invest large chunks of money…

‘Blacklist Too Long’ Say Developers

‘Blacklist Too Long’ Say Developers   Real estate developers plan to request the Bank of Thailand to minimise the current blacklist period levied on credit card holders to one year from the current period of three years, which seems to be rather unusual. They do this with an aim to empower homebuyers to access mortgages better. The Housing Business Association’s…

Thailand: Asean Logistics Foray eyed by Japan’s Mitsui Fudosan

Thailand: Asean Logistics Foray eyed by Japan’s Mitsui Fudosan A Japanese property developer by the name of Mitsui Fudosan, is looking to extend its area of expertise to warehouse and logistics development, having already taken the first step in Thailand’s real estate market with a multi-story condominium project. Akihiko Funaoka, the executive managing officer of the group said that…

Bangkok: Orange Line Project To Drive Condo Sales

Bangkok: Orange Line Project To Drive Condo Sales With it linking Min Buri and the Thailand Cultural Centre, the Orange Line project is all set to go up for bidding in 2017. To make the most of this development, a fresh supply of condos have come up on the Rama IX Road. At least 2 brand new projects and…

Phuket: Clearing a path for Airbnb

Phuket: Clearing a path for Airbnb This July saw the Phuket Provincial Land Office send out a notice to all the registered 234 condominium projects in the area, comprising a total of more than 26,000 units. It stated that the daily renting of condominiums by its owners was in fact a violation of Thailand’s Hotel Act of 2004, and…

Marriott International Inc To Open 19 Thai hotels!

Marriott International Inc To Open 19 Thai hotels! International hotel chain “Marriott International Inc” has plans to inaugurate 19 brand new hotels within the next 5 years in Thailand in order to cater to the ever increasing tourist numbers, for the incentives and meetings sector in particular. This move is a by-product of Marriott International Inc’s very recent collaboration…

Thailand: Government officials Start Reclaiming Footpaths in Pattaya

Thailand: Government officials Start Reclaiming Footpaths in Pattaya Pattaya authorities recently began reclaiming footpaths on the famous Jomtien Beach from encroaching (illegal) vendors and took strong action against a rental deckchair operator in particular for intimidating travellers. Pattaya Authorities visited sois between soi 2 and 5 on Jomtien Beach Road as a consequence of complaints from tourists and residents that…

16 Tell-Tale Signs Of A Bangkok Foodie

16 Tell-Tale Signs Of A Bangkok Foodie One who has tried each one of the following polarising foods: plara, sator, durian and chaom. Remember to try and not talk to or kiss anyone after consuming these foods J One who has encountered restaurants with strange names like an all lower case restaurant name or say a name with no spaces…

Bangkok: High Occupancy Of Office Spaces During Q2

Bangkok: High Occupancy Of Office Spaces During Q2 Bangkok’s office spaces maintained their high level of occupancy in Q2 (second quarter) with prices being forced up due to limited supply, according to Knight Frank Thailand (property consultant). Knight Frank Thailand Research claims that in Q2 of 2016, Bangkok office spaces had a 92.1% level of occupancy, with prices rising due…

Kasikornbank Anticipates An Influx of Big-Spending Middle Eastern Tourists

Kasikornbank Anticipates An Influx of Big-Spending Middle Eastern Tourists Kasikornbank has predicted an increase in the number of big-spending Middle Eastern tourists picking Thailand for a holiday this year; the rise amounting to about 5.5% or 695,000. Iranian tourists make-up the biggest numbers. Middle Eastern tourists are believed to be attracted to Thailand’s diversity of services and attractions, which satisfy…

On The Up & Up!

On The Up & Up! In spite of the ever present building and land tax, land rates in Bangkok’s major locations are projected to show a continuous rise over the coming year. Knight Frank Chartered’s (Thailand) managing director of property consultant, Phanom Kanjanathiemthao, states that the building and land tax, which is supposed to be levied on the 1st…

Thailand Inaugurates Tallest Building – ‘Maha Nakhon’ by Pace Development Corp

Thailand Inaugurates Tallest Building – ‘Maha Nakhon’ by Pace Development Corp Thailand’s tallest building Maha Nakhon was launched with sound and light shows in Bangkok recently. The lights were focused on the 314-metre-tall building as well as skywards from the top of the building as Pace Development Corp, its developerwas celebrated the 18 Billion THB project on the Naradhiwas…

For Sale – UK Embassy Land At 18 Billion THB

For Sale – UK Embassy Land At 18 Billion THB Land plots in prime locations retain their appeal, with the UK embassy expected to sell its property (23-rai) on Wireless Road at an amount in excess of 18 Billion THB. Property sector sources have claimed that the embassy is appealing to developers through CBRE (Thailand), who has been assigned…

Foreigners to use tracking SIM cards in Thailand

Foreigners to use tracking SIM cards in Thailand Telecom regulators have recently approved (in principle) a mandatory need for foreign visitors (in Thailand) to use specialised SIM cards in their mobile devices that authorities can track if need be. The NBTC’s (National Broadcasting and Telecommunications Commission) secretary-general, Takorn Tantasith, speaking on this topic stated that this decision was taken in…

Bangkok: Best street food in the world!

Bangkok: Best street food in the world! According to CNN, an international news network operating out of the United States Of America, Bangkok ranks as one of the 23 best cities for street food in the world. CNN recently published a list of 23 best cities it considered to boast of the most gob smacking street food (on its website)…

Pokemon Go To Push Up Real Estate Prices in Thailand

Pokemon Go To Push Up Real Estate Prices in Thailand Launched on the 6th of August, 2016 in Thailand, Pokemon Go has experts foretelling its positive impact on local real estate prices throughout the multifaceted nation. A few real estate agents have already taken advantage of the worldwide craze by using Pokemon Go as a marketing medium for their…

Sino-Thai Culture Tourism Friendship Caravan To Boost Tourism!

Sino-Thai Culture Tourism Friendship Caravan To Boost Tourism! The third edition of the Sino-Thai Culture Tourism Friendship Caravan is set to be begin in the month of August and last for a month. The festival aims to boost tourism and cultural exchange. The Sino-Thai Culture Tourism Friendship Caravan that consists of a 5,868-km long road trip is set to commence…

Big Business: Medical tourism in Thailand

Big Business: Medical tourism in Thailand A majority of the 80,000 plus Omani tourists that arrived in Thailand last year, visited Thailand seeking medical treatment, stated Thailand’s Ambassador to Oman, Jesda Katavetin, while speaking about Medical Tourism in the Kingdom. Elaborating on the topic of Thailand being a major destination for medical tourism, Jesda Katavetin said that top-of-the-line equipment, affordable…

SIAM Discovery – A Retail Wonderland From The Future

SIAM Discovery – A Retail Wonderland From The Future Thailand’s malls when compared to its museums, libraries and parks, are considerably above standard. Having said that, what if some of them were completely re-imagined to resemble something carved out by futuristic beings to serve your craving to shop better? Well, Siam Piwat is doing just that with the unveiling of its…

Bangkok: Land and Buildings Tax Approved

Bangkok: Land and Buildings Tax Approved At long last, Bangkok’s land and buildings tax that had won the cabinet’s approval is believed to be the driving force that will help generate above 64 billion THB for government coffers next year, when it is put into motion. According to Apisak Tantivorawong, Thailand’s Finance Minister, 50 million THB is expected to arrive…

Are Property Prices Affected By Oil Prices?

Are Property Prices Affected By Oil Prices? Faltering oil prices have been the talk of the town for the past six months at the least, with property prices also declining. Is there a link between faltering oil prices and property prices? On a international level At first notice, there appears to be some correlation between the 2 asset classes….

Renovating Your Home – Consider These 3 Things Before You Do

Renovating Your Home – Consider These 3 Things Before You Do Obtaining the keys of your brand new condo sure feels good. You have been patiently waiting for this day and you know exactly what you want to do with it. You have carefully selected the particular shade of paint to go on the walls as well. You could…

Symbols To Help You Live The Good Life Of A High Roller

Symbols To Help You Live The Good Life Of A High Roller Flaunt your successful investments with the below symbols of a high roller. Cuban Cigars There are not many things that say success like Cuban cigars. The Gran Reserva Cosecha 2009 Romeo y Julieta in its Wide Churchills vitola, is a must have for a high roller. Cheers to Australia…

Thailand’s Winning Combo: Cheap Oil, Tourism and Leicester City

Thailand’s Winning Combo: Cheap Oil, Tourism and Leicester City   When you talk about hefty trade surpluses, names likes China, Germany, Japan, and South Korea take top spot on the list of usual suspects. Thailand is known best for its food, beaches and more recently, Leicester City – the English Premier League Winners who have, owing majorly to their sudden…

What is “Glamping” in Southeast Asia?

What is “Glamping” in Southeast Asia? Indonesia and Thailand are Southeast Asia’s best spots for glamping, according to a report by the consultancy firm called C9 Hotelworks. Let us now focus on the term glamping – Its meaning and importance. The term is short of ‘glamourous camping’ that basically stands for tented accommodation for the luxury traveller. Evidence of…

Thailand’s property stimulus proposal

Thailand’s property stimulus proposal – 3 Key Points First-time purchasers benefit the most from Thailand’s property stimulus proposal. In an attempt to rejuvenate Thailand’s lack-luster real estate industry, Finance Minister Sommai Phasee had not too long ago granted a stimulus package that aimed to increase the duration of property transfer procedures in the country, as reported by the Bangkok Post recently. These measures should…

Top Landscaped Properties in Thailand

Top Landscaped Properties in Thailand   According to design experts, landscaped properties have better aesthetics as compared to those that aren’t and have a more profitable life-cycle in Thailand’s competitive real estate market as well. An exquisitely designed exterior lends to a property’s distinguished identity. Evidence of A-grade landscaped properties is strewn over all of Thailand – from resorts in…

What Will Be The Future Of Real Estate As The AEC Era Begins

What Will Be The Future Of Real Estate As The AEC Era Begins On the 31st of December 2015, the ASEAN Economic Community (AEC) was established that saw its 10 member nations form a single economic group. Traditional and electronic ads about the AEC are visible all over the length and breadth of Southeast Asia. The integration of the Association…

Myanmar – Parliament approves foreign ownership law at last!

Myanmar – Parliament approves foreign ownership law at last! The passing of Myanmar’s Condominium Law should lead to growth of overseas buyers in its local market place. Myanmar’s Union Parliament at long last passed the Condominium Law draft that will permit foreigners to legally own up to 40% of a condo building. Under this law, a “condominium” is defined…

Why Do Old Condominium Cost Less Than New Ones?

Why Do Old Condominium Cost Less Than New Ones? Many international buyers of condos in Bangkok are taken aback by the prices of new projects that are, at times, 4 to 5 times higher than 10 or 20 year old buildings in the same location. In numerous nations, like Hong King for example, the cost of old well-built constructions keep pace with newer…

Sathon – Popular Again!

Sathon – Popular Again! The latest entry of luxury hotels, new office developments, retail outlets, restaurants and bars in the Sathorn area are quickly helping in restoring its popularity and reinstating it as a modern and hip neighbourhood, which is in direct contrast to Sathorn’s former image of being just a residential and business district. Residential Constructions & Expatriate…

Condominium Alternatives In The Current Market

Condominium Alternatives In The Current Market Everyone wants to know that when the market is slow and competitive, what other projects can people develop? There are other development programs to take note of during a market slowdown and the products that will match real demand will continue to be sold. There is clearly a want from people who…

Thailand Returns To Top 25 Of The FDI Index

Thailand Returns To Top 25 Of The FDI Index Thailand has made a return to the top 25 of the A.T. Kearney’s FDI (Foreign Direct Investment) confidence index following a two-year absence. Thailand ranks 21 in the FDI index of 2016, according to head and partner of Southeast Asia at A.T. Kearney (a global management consultancy), Chua Soon Ghee. The…

Thailand To Share Taxpayer Data

Thailand To Share Taxpayer Data Thailand’s Finance Ministry has plans to fix the Revenue Code in order to allow the Thailand Revenue Department personnel to expose taxpayers’ information in front of agencies from other states to facilitate the enforcement of e-tax. The disclosure that follows Section 10 amendment of the Revenue Code plans to help in tax collection, said…

Local Banks Challenged By Fintech Wake-up Call

Local Banks Challenged By Fintech Wake-up Call Fintech (financial technology) has in recent years risen to challenge Thailand’s banking industry, which must improve its technology wing in order to stay competitive, as recently told to a business forum’s participants. Competition from players in the non-banking sector is needed in order to get tougher with regards to peer-to-peer and payment in…

RUSSIAN TOURISTS BOUND TO RETURN TO THAILAND IN NUMBERS

RUSSIAN TOURISTS BOUND TO RETURN TO THAILAND IN NUMBERS The number of Russians visiting Thailand this year is projected to rise because of the increased strength of the rouble, which is a by-product of the rising oil prices. The Tourism Authority of Thailand (TAT) has forecasted that the number of Russians visiting Thailand this year would reach 1 million….

Thailand Excise Department To Double Revenue By 2027

Thailand Excise Department To Double Revenue By 2027 The Thailand Excise Department is analyzing a strategy to implement higher taxes on alcohol, fuel, tobacco, beer and telecommunication services, aiming to double its revenue to the sound of 1 trillion THB by the year 2027. Taking these changes into account, the revenue of the tax-collecting agency is projected to reach 829…

There Is Something In It For Everyone

There Is Something In It For Everyone Be it Indian weddings or family and group vacations, Thailand has something to offer every Indian. Wedding Destination Indian weddings in Thailand have in recent years become big business. Thai hospitality in general, pristine landscapes and world-class resorts are some of the reasons for the large number of Indian weddings in Thailand…

THE POSITIVES AND NEGATIVES OF AN OFF-PLAN BUY

THE POSITIVES AND NEGATIVES OF AN OFF-PLAN BUY To start with, the best attribute of an off-plan buy is the reduced value at which it is purchased as compared to a project that is completed. Buying a property at the pre-construction stage is known as an off-plan buy. Once completed, such properties are worth much more than their off-plan…

IS SMALL REALLY THAT SMALL?

IS SMALL REALLY THAT SMALL? Micro apartments are called ‘mosquito units’ in Hong Kong, ‘micro dwellings’ in Bangkok and ‘shoeboxes’ in Singapore. Known by various names, these units have become an important feature of Asia’s residential property market. India is following a similar trend as was observed in a research conducted by JLL a global real estate firm. The…

THAILAND – A HAVEN FOR RETIREES

THAILAND – A HAVEN FOR RETIREES International Living is a one of the leading websites on a global level, according to International Living – Thailand ranks seventh in the world as one of the best places to retire in. In addition to this, International Living releases an annual list for the ‘Best Places to Retire’ in the Southeast Asian…

THAILAND – CHEAP RENT

THAILAND – CHEAP RENT According to Numbeo.com, a website that calculates cost of living; in the section of cost of renting a property in Southeast Asia, Thailand ranks fourth out of a total of nine countries surveyed. Singapore has been picked as the most expensive destination in terms of renting a property in Southeast Asia by the survey, while…

THE POSITIVES AND NEGATIVES OF AN OFF-PLAN BUY

THE POSITIVES AND NEGATIVES OF AN OFF-PLAN BUY To start with, the best attribute of an off-plan buy is the reduced value at which it is purchased as compared to a project that is completed. Buying a property at the pre-construction stage is known as an off-plan buy. Once completed, such properties are worth much more than their off-plan…

A SPOOKY HOME FOR PATTAYA INVESTORS

A SPOOKY HOME FOR PATTAYA INVESTORS Look no further potential investors, property buyers and hospitality guests seeking something spooky as your search ends in Pattaya that has just what you need to fulfill your morbid realty cravings on the occasion of Halloween. Over the span of seven years working with the property firm New Nordic, Kurt Svendheim has played a…

LONGER LEASES: A BOON FOR THAILAND

LONGER LEASES: A BOON FOR THAILAND As quoted by the Prime Minister’s spokesman Major General Sansern Kaewkamnerd “In order to attract foreign investments and for the benefit of the nation it will be necessary to extend land leases.”He asserted that an amendment be been made to the Lease of Immovable Property for Commercial and Industrial Purposes Act. According to this…

A GUIDE TO BUYING OFF-PLAN PROPERTIES

A GUIDE TO BUYING OFF-PLAN PROPERTIES   Buying off-plan properties is a common practice in many parts of the world, while it is still considered risky in others. It gives you, the buyer the advantage of purchasing before many others. Having said that, there are certain points one must keep in mind before signing the sales agreement. Buying off-plan properties…

WHERE HAVE THE RUSSIANS DISAPPEARED TO?

WHERE HAVE THE RUSSIANS DISAPPEARED TO? The biggest trending realty news story in recent times, known to most of the real estate agents and developers in majority of the Thailand’s realty hot beds is that the Russian buyers and investors are nowhere to be seen. Post the Ruble crash the investors from CIS countries have all withdrawn from the…

THAILAND PROPERTY – NUMERO UNO

THAILAND PROPERTY – NUMERO UNO According to the influential HSBC Expat Explorer 2015, a report came forward which stated that the property market in Thailand had achieved its highest ranking ever, globally. This ranking however was placed in the ‘Experience” section that ranked Thai realty at number 1. While taking other various factors into consideration from the same survey the…

THAILAND: RANKED BEST IN THE WORLD

THAILAND: RANKED BEST IN THE WORLD An influential Survey listed Thailand’s property market the best in the world. This ranking will prove beneficial for Thailand in encouraging real estate investment for years to come. The Global Bank publishes the HSBC Expat Explorer survey annually and in its 2015 issue had positioned Thailand as the first destination in the world…

PATTAYA GET AIR ASIA BOOST IN 2016

PATTAYA GET AIR ASIA BOOST IN 2016   Just 40 kilometers away, Pattaya’s property industry get a boost as Air Asia launches three new routes from U-Tapao International Airport. With the success of U-tapao to Nanning and U-Tapao to Nanchang routes in October 2015, Air Asia announced that it will be introducing flights to Macau, Singapore and Udon Thani. In…

THAILAND IS THE ‘BEST COUNTRY IN THE WORLD’

THAILAND IS THE ‘BEST COUNTRY IN THE WORLD’   As stated by the ‘U.S. News & World Report’, Thailand has been ranked as the 21st best country in the world this year. It has been a long journey without a doubt for Thailand to attain this ranking, which will help in promoting the economic growth and realty market of the…

HOW CAN YOU BUY THAI REAL ESTATE AS A FOREIGNER?

HOW CAN YOU BUY THAI REAL ESTATE AS A FOREIGNER? With the passage of time, investing in Thai realty, namely Bangkok, by foreigners has become more of a common occurrence than ever before. Much of this trend may be accrued to the growth of ASEAN economies in 2015 as well as the BTS and MRT train systems. With property…

ALL THE RIGHT REASONS TO INVEST IN THAILAND

ALL THE RIGHT REASONS TO INVEST IN THAILAND Entry into Asia Being strategically located, Thailand serves as a gateway into the largest growing economic markets of Asia. The newly emerging markets offer great potential for business accruing to the greater Mekong sub-region – India, China and other countries that are members of the ASEAN (Association of Southeast Asian…

CAN ANYONE BECOME A REAL ESTATE EXPERT?

CAN ANYONE BECOME A REAL ESTATE EXPERT? ‘Shortcut to Real Estate Millionaire’, a book by a renowned author, who goes by the name of Itchy, is a step wise guide in Thai for you to discover how to make big bucks in real estate. He writes about buying condos initially with long bank loans and small deposits, thereafter renting them…

POINTERS TO HELP RESELL YOUR PROPERTY

POINTERS TO HELP RESELL YOUR PROPERTY. Thailand being a developing country has a variety of property investment opportunities to choose from. It is often that first time investors in this tropical paradise find themselves overwhelmed with the sheer volume of property investment options and the various processes of acquiring them. Some informed and well-seasoned investors select and purchase prime properties…

TOP 5 TIPS TO MAXIMISE YOUR ‘HOLIDAY RENTAL PROPERTY’ INVESTMENT

TOP 5 TIPS TO MAXIMISE YOUR ‘HOLIDAY RENTAL PROPERTY’ INVESTMENT Buying a holiday/second home and buying a holiday home to rent are two very different things. Their difference resides in the manner in which the property value is gauged. For example, while a second home purchase is subject to your own personal taste, a holiday rental property must be selected…

Five BUY-TO-LET Must-Knows

Five BUY-TO-LET Must-Knows. If you find yourself considering investing in a buy-to-let property or finding ways to double up the returns of an existing one, it may be wise to carefully analyze the following tips before making your decision. 1. Market Research – As investing in a buy-to-let would result in you strapping capital to a property that may rise…

Thai Law For Rental, Lease and Hire

Thailand is a great place to get away from the usual hustle and bustle of life. It provides you the opportunity of visiting various amazing spots so that you can enjoy some quality time with your family and friends. Life today has become very busy and hectic, therefore a vacation not only rejuvenates you but also provides you with a…

Thailand’s Booming Hotel Market Continues To Whet Investors

2014 started off on a very somber note, with the Thai army seizing power over governance in a coup to right a constitution that had gone horribly wrong. The political turmoil gave rise to an economic slowdown, with the Thai Baht falling and foreign investment reaching an all time low. According to reports, Bangkok and Phuket saw a 32% and…

A Guide To The Top Rated Tourist Attractions In Pattaya, Thailand

Thailand is one of the most beautiful and culture-rich countries in Asia. Pattaya City in itself is immensely beautiful and truly depicts Thai culture in all its grandeur, offering a plethora of breathtaking tourist sites. Pattaya is located on Thailand’s eastern seaboard, which is an emerging economic region for the country, and is therefore perpetually undergoing makeovers to cater to…

Destinations in Thailand for families with kids

Thailand is the perfect place for a family holiday, since children love what the country has to offer. There are a wide range of recreational opportunities here for families, like visits to world famous markets, spending quality time in resorts, observing exotic wildlife, educational trips to museums & historical monuments, and adventurous activities like scuba-diving and parasailing for adrenalin junkies….

Retirement in Thailand

Retirement has never been this fulfilling! Thailand often tops the list of retirees’ favoured retirement destinations, a position it commands due to its culture rich heritage, low living expenses, tropical cuisine, fairytale beaches, majestic temples and most importantly friendly people. Selecting Thailand as your retirement home should be a no brainier. In case there remain some lingering doubts, the below…

Twenty Facts Interesting about Thailand

Thailand, located in Southeast Asia, is famed for its world class tourist attractions, which include fabulous beaches, Buddhist temples, spectacular palaces, ancient monuments, historical ruins and an unmatched nightlife. With millions of tourists flocking to this country every year, it’s fair to say that there’s something interesting in it for everybody. Below are 20 unique facts about Thailand that make…

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