This page will feature articles that may be of interest to those wishing to purchase , sell or lease property in Thailand.
29 Mar 08, 11:03:35
Tax breaks for property buyers will become effective today with the official publication in the Royal Gazette, according to Suparut Kawatkul, the Finance Ministry's permanent secretary. Three laws would become effective, with the first reducing specific business taxes for property operators to 0.1% from 3% for transactions occurring over the next year.
21 Mar 08, 11:03:35
The German-Thai Chamber of Commerce will help the Thai real estate industry have a presence for the first time at Expo Real 2008, to be held in Munich from Oct 6-8 this year. Bjoern Kempe, Expo Real's exhibition manager, said Thailand would have a country pavilion with the expectation of having one or two individual companies join the three-day fair.
17 Mar 08, 11:03:35
Investor confidence in Thailand's property market is once again on the rise as the sector is experiencing a new and invigorating start to the year.
28 Aug 07, 12:08:35
After selling his shares in the listed property firm Grande Asset Development, former major shareholder Pongphan Sampawakoop has revived his property venture with a backdoor listing through Sun Tech Group and is preparing to launch a development worth 6.7 billion baht in Pattaya.
21 Aug 07, 12:08:47
Amid the worrying signs that Thailand's property market may overheat, developers remain optimistic that the high-end market still has momentum, though speculation is becoming a factor.
17 Aug 07, 12:08:50
The surge in air traffic from the tourism and property upturn on the Andaman coast is straining Phuket International Airport to the extent that its existing capacity will not be able to meet demand in the next three years.
31 Jul 07, 08:07:52
The luxury sector of the condominium market is seeing a significant change with buildings that are nearing completion attracting Thai empty-nesters.
13 Jul 07, 08:07:44
Property buyers and investors have returned to Thai market since last month and more transactions are expected in the second half of the year
10 Jul 07, 08:07:13
Hua Hin Thai Nordic Property Co Ltd, a joint venture between a Thai lawyer and a Swedish investor, plans to launch sales of villas and condominiums in Black Mountain Golf Club in Hua Hin,
10 Jul 07, 08:07:46
Despite the strong baht, high fuel prices and political uncertainty, the government remains confident that tourism will generate up to 600 billion baht...
06 Jul 07, 04:07:05
As more people live in city condominiums, units will likely become smaller in line with consumer budgets, according to Associate Prof Manop Bhongsadadt of Chulalongkorn University.
06 Jul 07, 04:07:41
The Tourism Authority of Thailand on Monday will begin a four-day roadshow to Johannesburg and Cape Town, hoping to draw 50,000 South African tourists this year, up from 47,228 last year.
06 Jul 07, 04:07:03
Thailand's tourism industry needs to shift and focus on quality over quantity to help build long-term, sustainable growth, according to Suvit Yodmani, the Tourism and Sports Minister.
06 Jul 07, 04:07:47
The KHANOM area of Nakhon Si Thammarat is going to be the country’s next luxury travel destination, according to developers of the new Racha Kiri Resort and Spa at Khanom.
06 Jul 07, 04:07:34
For the world’s discerning travellers, nothing carries quite the same prestige as spending a holiday in a luxurious private villa somewhere exotic.
06 Jul 07, 04:07:29
The luxury residential developer Major Development Plc plans to spend one billion baht to acquire three new plots of land in Bangkok and Pattaya to develop high-end residential projects worth over five billion baht, said managing director Suriya Poolvoralaks.
06 Jul 07, 04:07:00
The Tourism Authority of Thailand (TAT) plans to promote the country in new markets from the Middle East to South America to dramatically increase tourist arrivals next year, said governor Phornsiri Manoharn.
06 Jul 07, 03:07:38
The property developer Chaopraya Mahanakorn Co Ltd (CMC) plans a luxury housing project in the Rama II area and a budget condominium in the Ramkhamhaeng area worth a combined 4.1 billion baht, according to managing director Wichian Padhayanun.
28 Apr 07, 12:04:48
Despite its own report showing a lot of condominiums available or planned in Bangkok, the listed developer Raimon Land Plc is preparing to introduce at least two luxury developments....
27 Apr 07, 11:04:36
Traffic through Thailand's six major airports grew robustly last year despite concerns that the September coup, teething problems at the new Suvarnabhumi airport and the transition from the old Don Muang airport would all adversely affect tourism.
27 Apr 07, 11:04:54
Thailand remains determined to become Asean's top player in the Mice (meetings, incentives, conferences and exhibitions) business even though it trails Singapore in terms of transport and personnel skills
27 Apr 07, 11:04:30
Three overseas investors from Korea, Finland and Germany will invest around four billion Baht this year to develop real estate projects in major tourist destinations to serve long-stay visitors
27 Jan 07, 09:01:56
South Korean residents´ overseas property purchases increased sharply last year on the back of eased regulations, the central bank said Monday.
16 Jan 07, 09:01:13
After 36 years of working in the tourism industry, Phornsiri Manoharn, the new governor of the Tourism Authority of Thailand, has developed a belief that attracting quality foreign tourists is better than merely focusing on numbers.
16 Jan 07, 09:01:21
The government should extend the leasehold right for foreign buyers of properties in Thailand to 90 years, in conjunction with the proposal to restrict nominee-structured companies from owning landed properties under the Foreign Business Act, according to the international real estate agency CB Richard Ellis (CBRE).
20 Dec 06, 09:12:27
Condominium developers foresee more positive factors than negative ones influencing the market next year. Atip Bijanonda, deputy managing director of the listed developer Supalai Plc, said interest rates were on a trend to decline, for a start. A decrease of one percentage point adds 6% to a homebuyer's purchasing power.
01 Jan 70, 01:01:00
Thailand has been declared best destination for travellers in terms of value for money, according to the Tourism Authority of Thailand (TAT). Global brand consultancy FutureBrand said Thailand emerged as winner in the value-for-money category in its second survey of more than 1,500 respondents worldwide.
10 Dec 06, 09:12:15
About 4.7 million tourists are projected to visit the southern resort of Phuket in 2006, a jump of 87 per cent from last year, according to a report issued by Kasikorn Research Center. Tourism in Phuket plummeted after the tsunami devastated southern coastal provinces, including Phuket, on Boxing Day of 2004 but began to recover since the beginning of this year due to several positive factors, the report said.
05 Dec 06, 07:12:03
An important public holiday is held on 5 December to celebrate the birthday of His Majesty King Bhumibol Adulyadej, the world's longest reigning monarch. Known in Thai as 'Wan Chalerm', the occasion is marked by an outpouring of love and reverence by Thai people throughout the kingdom and around the world
26 Nov 06, 09:11:21
The country’s appeal as a retirement, holiday and second home destination remains very strong. In the days following Tuesday’s coup, CBRE’s leasing terms were out on inspections and residential teams were letting out property as usual. It was business as usual at the Bangkok and Phuket offices in Pattaya.
26 Nov 06, 09:11:58
Investment yields on luxury condominiums have softened this year, according to a real estate services and investment management firm, Jones Lang LaSalle. A recent report by the firm depicts higher prices and strong competition in the residential leasing market as major factors that are curtailing investment returns
26 Nov 06, 09:11:58
The residential market in Thailand´s resort hotspot Pattaya has been resilient, due to pent-up demand from Pattaya locals, Thais and overseas buyers of condominiums and single houses.
22 Nov 06, 09:11:32
On the full moon night (usually in November), the tide in the rivers is highest and the moon at its brightest, creating a romantic setting ideal for lovers. The Thai people choose this day to hold the 'Loy Kratong' festival, or the 'festival of light.' Loy Kratong is one of the two most recognized festivals in the country
12 Nov 06, 09:11:41
Thailand leads the way on mixed-use residences, resorts cum rental villas . Imagine a vacation home that caters to desires for space and resort-style luxuries – private dining, personal spa treatments, butlers, boat charters and bottles of champagne.
11 Nov 06, 09:11:30
In 2006, the Thai nation comes together to celebrate the most auspicious occasions of His Majesty King Bhumibol Adulyadej’s 60th Anniversary or the Diamond Jubilee of His Majesty’s Accession to the Throne together with His Majesty’s 80th Birthday Anniversary
01 Jan 70, 01:01:00
The announcement of two major investments in Phuket the very week the military coup took place and the huge success of the Barama Bay project clearly show the recent political upheaval has not affected the popular resort island, says Bill Barnett, the managing director of C9 Hotelworks
01 Jan 70, 01:01:00
Lush landscaping, a massage pavilion, a private poolside cabana next to a 50-metre swimming pool, perhaps even your own private infinity pool. It sounds like the description for a five-star resort, but amenities such as these are increasingly showing up in Bangkok condominium developments. With swimming pools and gyms now considered standard in most mid-level and above properties, high-end developers have started adding more perks and more opulence in an effort to attract buyers
29 Oct 06, 09:10:36
Global Direct Real Estate Investment Reached a Record US$290 billion in First Half of 2006 Asia Pacific’s investment value of US$43 billion is a 40% increase over the same period last year Bangkok, September 28, 2006
29 Oct 06, 09:10:52
Thailand's international business community appears to be regaining confidence regarding the government's investment and business-related policies although they remain concerned over the issue of the foreign business law
23 Oct 06, 10:10:01
The Siam Motor Group, Nissan's local sales dealer and auto-parts manufacturer, will spend Bt580 million expanding its golf course in Pattaya, making it the largest along the Eastern Seaboard. Initially, Bt150 million will be spent renovating the existing 18-hole Siam Country Club course, with the remaining Bt430 million to be used to add another 27 holes. The first phase is scheduled to be completed by March and the second by the end of next year.
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