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 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! 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…
London: Thailand Nationals Invest in London flats Almacantar, a London-based property developer is optimistic about sales of luxury units in its high-rise state-of-the-art residential project called Centre Point; as the post-Brexit weaker pound continues to lure wealthy Thai Nationals to seek for property investment opportunities in London. Tracy Hughes, Almacantar’s residential sales director, speaking on the subject stated that…
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 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 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! 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 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! 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…
