A court ruling on Airbnb in Hua Hin was meant to weaken sentiment among condo buyers who buy units to rent out on a daily basis. Yet the data shows the number of daily-leasing units continues to rise. Apichart Chutrakul, chief executive of SET-listed Sansiri Plc which has developed a
The requirements and legal procedures involved in buying land in Thailand as a company (particularly with foreign shareholders) is quite complex. Siam Legal has therefore compiled this reference guide to help its corporate clients prepare the necessary documents and evidence required in order to avoid needless mistakes and costly delays
The luxury senior housing industry is dawning on the kingdom as more and more Thais retire in independence Thailand is greying fast. The kingdom holds the highest share of elderly people of any developing nation in East Asia and Pacific, the World Bank reported. As it stands, 11 percent of
A long-discussed plan to offer five-year visas for foreigners was floated again Tuesday by the nation’s top tourism official. Visas to facilitate those staying for extended periods would make Thailand more competitive with neighbors such as Malaysia, where 10-year visas are available, according to Minister Kobkarn Wattanavrangkul, who said the
Located in the heart of Southeast Asia, Thailand has served as a trade and business hub for centuries. It was a buffer zone between colonial powers because of its strategic location. As a result, it was the region’s only nation that wasn’t colonized. Thailand (and its property market) is still able
We no longer live in a world where male entrepreneurs dominate. The scenario has changed. There are countless examples of women entrepreneurs making it BIG in their industry. From Arianna Huffington to Kiran Mazumdar-Shaw, we have seen the rise of female entrepreneurs who have reached the pinnacle success. “Want to become
Asian cities lorded over the Economist Intelligence Unit’s Worldwide Cost of Living report, out last week. Names from the continent dominated both lists of the costliest and most affordable places to live in the world, per the report’s Cost of Living Index. Five of the world’s top six expensive cities
The acquisition of land or a condominium unit in Thailand by a foreign government for official use, such as for use as an embassy or consulate, is not covered by any specific legislation. Therefore, assuming that a foreign government intended to acquire land or other immovable property in Thailand for
PHUKET: Central Pattana Plc (CPN), Thailand’s largest retail property developer, today (Sept 10) celebrated the grand opening of Central Phuket, its B20-billion luxury flagship mall. CPN Deputy CEO Wallaya Chirathivat said, “Visiting Central Phuket will fulfil all types of lifestyles: eat, shop and have fun throughout the day. “This project
Thailand has come a long way in recent years, perhaps a lot further than what many people might imagine. The economy has seen steady growth over the last 25 years with this expected to continue at between 2.9% and 3.3% between 2016 and 2018 according to The World Bank. This
Chinese demand for real estate in Thailand is at an apogee, but the Beijing government’s drive to control capital flight could hinder such demand, according to a new report by Financial Times Confidential Research (FTCR). Surveying 108 investors, FTCR found that Chinese buyers, mostly only “moderately wealthy” and put off by skyrocketing
Our 2017 annual letter is addressed to our dear friend Warren Buffett, who in 2006 donated the bulk of his fortune to our foundation to fight disease and reduce inequity. A few months ago, Warren asked us to reflect on what impact his gift has had on the world. What
A raft of unprecedented benefits in store for lessees Thailand is bracing for the passage of the leasehold draft bill that is expected to entice more foreign lessees to the property market, according to the Bangkok Post. The Council of State is due to vet the leasehold bill after public hearings
Cold Calling is, by some distance, the most controversial topic in the sales community right now. There’s been a lot of articles written about it and everyone has strong opinions. Most people are talking from personal experience and some with the benefit of having run a team. I work for
PHUKET: Blue Tree Phuket has announced the appointment of Michael Ayling, a veteran of Phuket’s hospitality scene, as its General Manager. Having worked in a consulting capacity for the past 24 months, Mr Ayling now takes the reins to lead the development, beginning with its opening to the public in
Bangkok is the ever pulsing heart of investments and development in Thailand. Demand for homes close to the mass transit system is expected to grow strong. More consumers will express interest in developments near the city’s edges, prioritising locations close to the BTS and MRT stations for commuting convenience. When
There’s more to life than money, and the same goes for buying real estate. In an increasingly unstable and uncertain world of shifting political regimes, climate patterns and economic powers, many investors are finding themselves asking what constitutes real value. Most societies have historically measured worth in concrete financial statistics:
It’s clear that first time buyers have very much re-established themselves as a core part of the property market since the recovery started post the credit crunch. The Halifax data clearly shows that FTBs (rightly) decided to rent/stay at home rather than buy during the recession, saving them from potential
Developers from across the island hope to achieve both local and national recognition as the finest in their categories Key members of the Phuket press gathered last night at the Angsara Laguna Phuket for an exclusive media briefing in advance of the 13th annual PropertyGuru Thailand Property Awards 2018. Addressing
It’s no surprise that millennials now make up the largest share of traveler demographics and are the biggest factor in why independent hoteliers will work to perform better than in previous years. Having a full grasp where and who your business comes from is the first step in building proper
Asia Center Foundation (ACF) is a christian charity registered as a Non Government Organization (NGO) on Phuket, Thailand in operation since 2002. Our mission is to help disadvantaged children and children-at-risk by providing care, training and education so that they will fulfill their God-given potential. The ACF’s vision is to restore children to God,
The Icon Siam Shopping Mall has been called the “Mother of All Malls” and it is set to open in 2017. With two towers, 80,000 square meters of land, a conventional hall, a condominium and much more – it will be an enormous retail and dining experience that will dominate
Changes to deposit protection limits on bank accounts in Thailand may give a boost to property investments even as there are warnings of speculation at the high end of the market for condominiums. In early April the Governor of the Bank of Thailand issued a warning about the potential of
I’m going to give you some advice I wish someone had given me when starting out, about making your first few sales online. The first and very most important thing for any startup business is to focus ALL your energy on getting your first few sales, because those first sales