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Bangkok 2018 property price growth = 4%. Average rental yield = 4.6%

Noteworthy insights from CBRE Property Report (Bangkok) 2019… “demand for condominiums has increased steadily in recent years, with strong influx of foreign (esp Chinese) demand. Market sentiment has been boosted by government spending on large infrastructure projects such as new MRT lines and a new high speed railway linking Suvarnabhumi, Don Mueang and U-Tapao airports.” Stable […] Read More

It’s always a good time to buy Thai property, says Hong Kong developer Allan Zeman

Allan Zeman, the driving force behind Hong Kong bar and nightlife district Lan Kwai Fong, has formed a joint venture with Pacific Century Premium Developments, a unit of telecommunications firm PCCW – which is chaired by Richard Li Tzar-kai, the youngest son of Li Ka-shing, Hong Kong’s richest man – to develop a luxury villas […] Read More

Tighter mortgage lending enter into force this month

Banks in Thailand are bracing for tighter standards for mortgage lending set to enter into force this month in a previously announced plan by the central bank. The new rule requires people who buy a second home to make a down payment of at least 20% of the value in order to qualify for a […] Read More

Licensing of Thai Real Estate Agents Expected … Maybe Soon (Finally)

A speech by an official from the Government Housing Bank (GH Bank) seemed to indicate that real estate regulations could soon become law in Thailand. Currently loosely regulated, the industry has seen more than its fair share of scams and crooks. Someone – local or foreigner – can wake up one day, decide to become […] Read More

Thai Court ruled Air BnB illegal

Since a recent court ruling air bnb to be illegal in thailand, there have been multiple crackdowns across the country, including Bangkok, Phuket, Pattaya, Hua Hin. In June, a letter was sent to the Wan Vayla condominium complex in Khao Tao from the local authority outlining the court’s decision in two of three cases where […] Read More

High speed rail from Bangkok to Rayong

Thailand has approved plan for a high-speed railway to connect Don Mueang airport to Suvarnabhumi airport in Samut Prakan and U-tapao Airport in Rayong. The project has been fast-tracked by the government to boost economic development in the Eastern Economic Corridor (EEC). The 200-billion-baht megaproject involves constructing railways along the present Airport Rail Link network, […] Read More

Media Release – MOU with Boonma International

We are excited to partner BOONMA International to help our local clients as well as foreign friends with their relocation needs as they move to Thailand. Services incl moving of high value furnitures & antiques, pets travel, immigration – visas & permits, cross cultural orientation. Also available – inter-province moving of personal effects and household […] Read More

Bangkok condo projects lure major offshore investments

PROPERTY firms from Japan, Singapore, Hong Kong and mainland China have expanded their investment in Thailand’s property market by focusing on condominium development projects located close to the mass transit system. The investment is happening in parallel with government plans to develop infrastructure projects worth over Bt2.2 trillion this year and in the next five […] Read More

Thailand tweaks property land tax

Thailand’s Revenue Department recently amended the Revenue Code to allow the Land Department to levy a land ownership transfer tax based on either an appraisal or a market price, whichever is higher. The move is aimed at charging property taxes that better reflect actual prices, as the appraisal price is typically lower than the market […] Read More

Thai-Chinese high speed rail project approved by Thai cabinet

BANGKOK, July 11 (Xinhua) — Thai cabinet on Tuesday approved the Bangkok-Nakhon Ratchasima high speed railway project under Thailand-China rail cooperation, which is set to start operation in 2021. The cabinet headed by Prime Minister Prayut Chan-o-cha approved the proposal of the Ministry of Transport, which is in charge of the railway agency, for the […] Read More