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The Real Estate Information Center (REID) stated that the cabinet is inclined to approve the possibility of allowing foreigners to buy houses with land or buy land for housing construction. This measure to stimulate the economy and investment can attract promising foreigners to Thailand and create a new demand for housing with high purchasing power...
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The Thai Real Estate Association reported that the association agrees with economic incentive measures, according to which wealthy foreigners will be attracted to the country. The measures include granting a long-term resident visa, which will force foreigners to spend more money in Thailand while living in the country. On the other hand, the...
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Currently, an increasing number of Russians wish to sell their properties in Russia and buy residential real estate units in Thailand. In 2022, Thailand became one of the top 10 countries where Russians prefer to purchase real estate. The Kingdom is not one of the most expensive countries to purchase a home to live in, and therefore attracts...
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In the last quarter of 2022, trends and plans for the next year in the real estate market are revealed. Developers plan to constantly launch new projects, stimulating sales that will bring a steady income in 2023-2024. Despite the economic instability caused by inflation, which increased by more than 5%, which led to an increase in prices for...
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The real estate market in Chiang Mai is finally showing signs of recovery, although the demand for residential real estate is still somewhat reduced compared to other places in Thailand. One of the reasons for this is the absence of the main tourists – from Hong Kong and China, which have historically played a key role in the local market. For the...
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SukhothaiResidences was the first wave of hotel-managed projects. The luxury condominium, built in 2010, provided residents with an upscale lifestyle, including access to amenities at the Sukhothai Bangkok Hotel. It was a groundbreaking agreement that helped pave the way for future brand residence agreements in the Thai capital in the 2010s....
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Interest in renting villas in Phuket increased by 46.2% in the period from June to July, and then jumped by another 34.1% from July to August. This is welcome news for the island as it prepares for its first peak period without entry restrictions since 2019. The increase in demand for villa rentals in Phuket may be a sign that a strong high season...
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Developer AP Thailand, under the slogan «Choose a good life for yourself», has been increasing turnover for 9 months, the total income from joint venture projects is 37.5 billion baht, net profit increased by 4.7 billion baht. On November 8, 2022, Mr. Vitakarn Chandavimol, Deputy Managing Director, Corporate Strategy Department of AP Thailand,...
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The real estate market is recovering, but faces a bunch of new problems: rising loan interest rates, rising prices for materials, inflation. Houses and condominiums are expected to rise in price by 5-10%. The Government recommends extending the mortgage interest benefit and stimulating purchasing power in the entire market in other ways. In the...
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SC launches a ready-to-move luxury condominium The Crest Park Residences at a price of 5.29 million baht. SC Asset is consolidating its leadership in the high-end luxury condominium market by hosting an Open House event to launch The Crest Park Residences. Ladprao district is an area with high potential, where an elite society of neighbors...
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