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Real estate’s reputation as a valuable investment asset strengthens further in the Thai capital Bangkok’s property market is going from strength-to-strength, according to DDproperty’s latest Property Index. The Thai capital has displayed price growth with an eight-point increase from 205 to 213 in the first quarter of 2018. This growth is on the back of […]
The Phuket condominium market is expected to rise in line with a recovering economy and the growing population of the island. Increasing supply and higher selling prices will be the key drivers, while demand is forecast to improve slightly. Local developers and joint ventures will be key players in the market, said property consultant Knight […]
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 the room was Terry Blackburn, […]
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 ended on 16 June. The […]
THAILAND has been ranked 34th in the Global Real Estate Transparency Index (GRETI) 2018 put out by property consultancy firm JLL. The result in the newly released biannual represents a marked improvement from the 2016 edition of the index, when the country was ranked 38th. Compared with the other six countries from Southeast Asia covered […]
IN THE PAST DECADE, Thai properties marketed overseas were either projects in prime downtown Bangkok or properties in top resort destinations such as Phuket. Nowadays, visitors and investors are becoming more familiar with other non-prime locations in Bangkok through information from social media and digital communications. New condominium property prices in downtown Bangkok have increased […]
Foreigners cannot buy land in Thailand, only condominium units and apartments. Foreigners cannot make up more than 40% of the condominium’s unit-owners. However, a foreigner can buy a whole building, minus the land on which it is built. In recent years, minor changes in Thai law have allowed nonresidents to explore the Thai real estate […]
There are 3 new Phuket housing projects designed for low income earners and those on financial assistance and reservations for units in these developments have been brisk, according to local media. Prices at the projects start at THB3.79 million and some of the homes will be completed and ready to move into by the end […]
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 bubbles developing in some parts […]
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: in GDPs, stock indices, and […]