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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...
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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...
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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...
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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...
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Earlier, the government had proposed conditions under which foreigners were able to buy land into ownership in Thailand. The news was met with considerable enthusiasm in the expat community, but not everyone was excited about this idea. Many people saw the Ministry of Interior's proposal to permit foreigners to hold property plots in exchange for...
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Low-rise private housing, such as houses and townhouses, has been in high demand in the Bangkok real estate market over the previous two years. Condominiums are currently, however, beginning to acquire popularity. The country's capital has seen the launch of several new condominium developments. As more individuals return to their offices and...
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In the first half of 2022, the AP real estate development company showed good results. Sales have grown by 43% compared to the same period last year. It fueled the company, and they announced the launch of 40 new projects before the end of the year. The AP reported a noticeable jump in sales of detached homes and townhouses. In the first half of...
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As of the first half of 2022, the Thai real estate market is still recovering from the consequences of the pandemic that caused the suspension of construction and reduced the demand for homes from both the local population and foreign buyers. The market is now reviving, as new trends in customer preferences are emerging. Thai buyers...
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At the end of 2021, nearly 6,500 condominium apartments have not been sold yet in Cha-am. This rate was 1,016 in neighbouring Hua Hin. Real estate demand in Cha-am remains low, as buyers prefer Hua Hin, which is more popular. Developers try to present Cha-am as an extension of Hua Hin, but with no results. At the same time, in Hua Hin, demand...
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Developer Altitude Development Co and Japanese real estate company Creed Group have announced a successful fundraising for a joint project of the Altitude Unicorn Sathorn-Tha Phra condominium. The private equity fund to raise capital for the project is currently closed, and 60% of the apartments sold are expected to be transferred to buyers by the...
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