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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 the government starts to invest […]
2014 started off on a very somber note, with the Thai army seizing power over governance in a coup to right a constitution that had gone horribly wrong. The political turmoil gave rise to an economic slowdown, with the Thai Baht falling and foreign investment reaching an all time low. According to reports, Bangkok and […]
For several years now, commentators – particularly in the business community – have opined that Thailand is in need of a significant infrastructure upgrade such as its mass transportation, road and railways systems. Investment in state infrastructure projects may pay off better for some, depending on the understanding of what rights and forms of redress […]
The Thai Government’s push to drive up property sales by making mortgages more accessible to millions of people through transfer and mortgage registration relief has made headlines for months. Customers seek home loan details from officials of the Government Housing Bank. The bank has offered cheap rate loan under the government’s property stimulus package. Photo: […]
With the island’s real estate market staying strong, some owners could be thinking of selling their property. If so, here are some tips for making this move. Establishing a Price Consider what you paid for the property, how long you have lived there, what similar properties have sold for, any improvements added, present condition of […]
Property developers are urging the government and its new economic cabinet to use tax incentives to help restore housing demand in the remaining months of this year. They are concerned that already-soft demand will be weakened further by Monday night’s bomb attack. Cutting property tax and transaction fees would help to stimulate the economy in […]
Amending the law to allow median prices based on current appraisal prices to be used for the local development tax could be an alternative to generate massive tax income instead of pushing the controversial land and buildings tax, says a source familiar with the subject. The strategy could help revenue from the local development tax […]
The limited number of new luxury villas in Phuket has doubled the price of resale units, as demand is relatively strong in this niche market. Aliwassa Pathnadabutr, managing director of property consultant CB Richard Ellis (Thailand), said top-end villas on the island were part of an exclusive market characterised by a limited number of high-value transactions. […]
More and more people are choosing to buy properties in Phuket, Thailand. Phuket is one of Asia’s most sophisticated and most established property markets. Over the past twenty years, property developments have been sprouting around the island that heightened the influx of investors. Currently, the demand for properties is high, especially in newly developed areas […]