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The Energy Regulatory Commission of Thailand (ERC) indicates that after the figure of automatic variable electricity for January-April 2023 was adjusted in accordance with the decision of the National Council for Energy Policy of November 25, on December 14, the results of the calculation of electricity tariffs according to the methodological...
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Real estate in Thailand is an attractive asset that can generate high returns for investors who responsibly search suitable property options. One of the most important factors a would-be buyer needs to consider is the location. Below we’ll tell you about the five most profitable locations for buying property in Thailand...
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The Department of Lands has established a policy according to which the project of issuing documents on the ownership of land must meet the same standard for the whole country. To ensure that all people have the opportunity to access public services. From 1985 to the present, the municipal authorities have conducted a survey and issued documents...
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Real Estate Information Center (REACH) states that the housing market and purchasing power in Greater Bangkok are being negatively affected, sales volumes are decreasing. Sales decreased by 2,188 units from the second quarter of 2022, but the value increased by 8.6 billion baht, a total of 126,325 units were sold with a total value of 680.6...
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In November 2022, it was found that the number of new real estate projects had already returned to the pre-epidemic level. The supply of new projects was stable compared to the same period last year, but increased by 7% compared to the previous month and reached 11,880 units. In the second half of 2022, approximately 10,000 units were launched...
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The PropertyGuru Group, a leading real estate technology company in Southeast Asia, held the 17th award ceremony for the winners of the PropertyGuru Asia Property Awards. The project in Bangkok Lake Legend Bangna-Suvarnabhumi, created in collaboration with Hong Kong Land and Property Perfect Public Company Limited, became the winner in the...
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Several leading Thai developers have called on mortgage lenders to lower interest rates on energy-efficient homes. Sansiri and Sena Development believe that this step will encourage buyers to purchase more environmentally friendly housing, which for the most part still remains more expensive than conventional housing. Climate change is one of the...
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One Bangkok is a Charoen Charoen Group real estate project worth $1.2 billion. On December 10, 2022, at an investor meeting, Chief Executive Officer of One Bangkok Project announced that the project is in the process of leasing office space (1 office building). The factor that led to serious changes in the office building market is the transition...
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When buying property abroad, you don't always know all the details of the process in a new country and it's easy to become confused and miss something important. What should you pay attention to in Thailand, so as not to regret the purchase later? It is important to remember the Kingdom’s restrictions on real estate purchasing by a foreigner. A...
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The Ministry of the Interior has issued a statement extending the implementation period of the tax collection in accordance with the Law on Taxes on Land and Buildings from 2019 to 2023 for another 2 months after floods occurred in many provinces earlier. As a result, there will be changes in the estimated prices of land and buildings in 2023....
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