Article search
-
The Ministry of Finance reported that new land appraisals for 2023 – 2026 would come into effect as of January 1, 2023. Amendments may still be introduced till the end of the year to account for the current circumstances and comply with the law. The new land appraisal was postponed several times to make things easier for people and companies...
Read more -
Household debt was growing by 3.5 – 3.7% in the second quarter of 2022, which is close to the 3.6% rate in the first quarter of the current year, since the economy in general hasn’t fully recovered yet. Households are still unstable because of the higher cost of living, and many families’ incomes haven’t yet returned to normal. The Households Debt...
Read more -
A review of the housing market in Chonburi Province in the first quarter of 2022 showed that a total of 131,338 units were listed there, including 68,615 apartments in condominiums. Pattaya, frequented by both Thai and foreign tourists, was the most popular location among buyers of buy-to-live and buy-to-rent condominiums (it accounted for 52%...
Read more -
In the first half of 2022 (January through June 2022), Lumpini Wisdom, a Bangkok developer, completed the construction of 163 new real estate projects with a total of 51,946 units and a combined value of 188 billion baht. This is 45% more than in the first half of 2021. The most sought-after low-rise residential projects were townhouses valued at...
Read more -
Have you ever considered purchasing real estate in Thailand as an investment? This is a good source of passive income, as experts forecast a rental yield of 5 – 10% per annum for Thai properties and even higher in exceptional cases. A buy-to-rent apartment or house is a viable option. Thailand is extremely popular among tourists, which translates...
Read more -
Department of Public Works and Town & Country Planning of the Ministry of Interior joined forces with the Digital Government Development Agency to increase the number of public services available online, which makes them more accessible to citizens. Receiving public services remotely saves a great deal of time. You can now apply for the...
Read more -
Prices of vacant lands in Greater Bangkok (comprised of Bangkok and the neighboring provinces) are growing at slower rates due to a sluggish economy and the fact that the land and construction tax has been levied in full as of this year. The Real Estate Information Center (REIC) announced that the index of prices of vacant lands in Greater Bangkok...
Read more -
In comparison to other parts of Thailand, Hua Hin's housing demand is still not experiencing sharp increases. Additionally, local purchasers' interest is a little bit stronger compared to foreign buyers. And now individuals are looking for more expensive properties after the COVID-19 outbreak caused a spike in demand for homes, villas, and...
Read more -
In Thailand, a number of real estate market-boosting measures may be extended until the end of 2022. The loosening of loan-to-value (LTV) limits was the most significant. It allowed homebuyers to take out up to a 100% mortgage of the total property price for first or second mortgages without down payments. The Minister of Finance said the...
Read more -
Sansiri, one of the largest real estate developers in Thailand, expects significant growth in elite housing and plans to launch more projects in this segment. The developer said that sales of low-rise housing can increase by 15% in 2022, while current economic problems won't have an influence on the sector. According to Mr. Khun Anat...
Read more