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…
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…
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? 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 – 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 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 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…
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…
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? ‘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…
