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  • Records 2022. What surprised Thailand?

    Thailand is a country that was hit hard by the global coronavirus pandemic. Tourism, one of the leading industries in the country, was put on hold. However, in 2022, the authorities have stabilised the economic situation in the country, attracting millions of tourists to the kingdom and increasing revenues. Real estate in Thailand, purchased in...

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  • What to buy in Thailand in 2023?

    Thailand has always attracted Russian tourists and property buyers with its warm climate, moderate living expenses, and variety of entertainment. Buying villas in Thailand has been extremely popular with Russians wanting a second home in the tropics. The coronavirus epidemic and other shocks of recent years have seriously changed the Thai economy....

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  • Real estate buyers urged to be more cautious

    Home buyers need to have more financial discipline and willingness before buying a home as house prices rise, interest rates are rising, while real estate benefits have not been extended for the new year 2023. House prices are expected to rise 5-10% this year in line with higher interest rates and increased construction costs. Costs are rising due...

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  • Samut Prakan Cluster is the «hottest» zone in Greater Bangkok

    The Bang Phli-Bang Bo-Bang Sao Ton cluster in Samut Prakan was the hottest zone in Greater Bangkok in 2022, with land prices rising the most in the last two quarters of the year. There are also the newest low-rise buildings in the area. According to the Real Estate Information Center (REIC), the number of low-rise buildings commissioned in Bang...

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  • REIC expects house prices to rise by 5-10% in 2023

    Housing prices are projected to rise 5-10% this year as the price index for standard housing construction continued to rise, increasing at an annualized rate of 5.6% in the fourth quarter of 2022 amid labor shortages. The price index for the construction of standard houses in the fourth quarter of 2022 was 131.9, which is 5.6% more than in the...

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  • The Chinese consumer market will fully recover in Q3

    Developer Noble Development plans to launch 10 new residential projects totaling 23.3 billion baht, with more than a quarter of this amount expected to be received from foreign buyers. The company expects to receive up to 6.5 billion baht, which is 28% of the target for this year, from foreign buyers. The Chinese consumer market is expected to...

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  • The price index for new buildings rose sharply in the fourth quarter of 2022

    The price index for new detached houses in Samut Prakan, Nonthaburi and Pathumthani rose sharply in the fourth quarter of last year, reaching a record high after land prices in three provinces rose in the previous quarter. According to the Real Estate Information Center (REIC), the price index for new detached mansions for sale in these three...

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  • Premium housing in Thailand: Phuket or Pattaya?

    In 2022, Russians took 1st place among foreign nationals interested in purchasing real estate in Thailand. With this ranking, they shifted the leading position of Chinese residents. Russians choose the kingdom not only for tourism or permanent residence but also for investing in real estate. If you compare apartments in development projects in...

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  • A drop in sales of secondary real estate has been registered in Thailand

    A survey conducted by the Real Estate Information Center of Thailand (REAL) showed that in the third quarter of last year, sales of second homes throughout the kingdom declined. Vichai Viratkapan, Acting CEO of REIC, believes that the decline in sales is due to the cancellation of state benefits for fees and mortgage lending. The number of...

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  • The most popular areas of Bangkok for housing search

    The district of Pravit received the largest number of housing requests in Bangkok between January and October 2022. In many ways, this part of Bangkok has everything that people who want to enjoy a country lifestyle need. From here it is easy to get to Bangkok via two expressways, there are large shopping centers. Most of the residential complexes...

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