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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 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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Last year, several developers joined together to launch housing projects in Bangkok. While agreements on joint projects are not something new for the development of condominiums or multifunctional centers, however, this is an innovation for low-rise buildings. Property Perfect was one of the first firms to use joint ventures for housing projects...
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After a relatively calm first four months of 2022 without new outbreaks of the epidemic, the demand for rental housing in Chiang Mai has increased significantly since May, when both domestic and foreign tourist flows intensified. The demand for apartment rentals has started to grow since the third quarter of this year. There has been a...
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The State Railway of Thailand has confirmed that rail transport will be developed throughout Thailand from north, northeast and east to south. The route will start from Bangkok and reach Chiang Mai. Then there is the Northeastern Line stretching from Bangkok to Nong Khai. The Eastern line, on the other hand, will connect Suvarnabhumi, Don Muang and...
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The Thai Chamber of Commerce and the Board of Trade have called on the government to reconsider the increase in electricity tariffs. This will affect businesses, hotels and other facilities with a higher level of electricity consumption. The request for consideration of the calculation of the electricity tariff for the commercial sector was...
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A number of negative factors contribute to the slowdown in the growth of the global economy, this has also had an impact on economic growth in the Asia-Pacific region in the real estate sector. It is estimated that total real estate investment in the region for the whole of 2022 decreased by about 25% compared to 2021, and a further decrease of 5...
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Real estate in Thailand is still amongst the most alluring markets in Southeast Asia. The income of Thai homeowners will increase as a result of new local government initiatives, economic growth, and a recovery in the tourism sector. We’ll explore what numbers Thailand can entice investors with below. Content: Foreigners will be entitled to own...
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Developer Lumpini Wisdom reveals the trend in the development of products and services in 2023 after the COVID era and rising energy prices in 2022, which led to changes in consumer behavior. There are three main questions for housing construction and after-sales service strategies: Energy. Developers tend to pay more attention to saving...
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The Real Estate Information Center reported that out of the total number of apartments for sale in the Eastern Economic Corridor project area, it was found that most residential condominiums for sale are located in Chonburi Province, while low-rise projects are mainly launched in Rayong and Chachengsao. The total number of housing on the market in...
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