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The Thai Center for Real Estate Research and Evaluation reveals the results of the real estate market research at the end of the first quarter of 2022 in Bangkok and its surroundings. According to the results of the first quarter, only residential projects were launched in Bangkok, while there were no other types of real estate, such as office...
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Due to the warm climate and affordable living, emigration to Thailand has become a common phenomenon among English-speaking citizens. The cost of living in the country directly depends on the region. Example: the popular island of Phuket, located on the Kingdom's west coast, is one of the most expensive places to live in Thai...
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The main problems in the office real estate market in 2022 are that many companies are in no hurry to return their employees to the office and continue to support the «work from home» policy. The second problem is an oversupply of offers. In 2019, the demand for office space increased, which led to the planning of new large projects, JRK Tower was...
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Since the beginning of 2022, the Thai property market has continued its recovery after the crisis caused by the COVID-19 pandemic. As expected, the Capital Region outperforms the rest of the boroughs in terms of growth and recovery. Bangkok real estate statistics are currently available, which show the general situation in the market. New...
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At about one o'clock in the morning on May 1, an accident occurred at the construction site of T. Preragrich company. Due to the collapse of scaffolding, one person was killed and 5 people were injured. The deceased was a worker from Myanmar. The construction was carried out in Bangkok at Bang Phe intersection. It was planned to build a 27-storey...
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The question of which country’s real estate is profitable to invest in worries many foreign buyers who understand the potential benefits of this decision. Let's consider one of the large countries in Southeast Asia – Thailand. It is a popular resort destination that attracts tourists and freelancers from all over the world. In this post, we will...
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The managing director of Sathaporn Estate said that the company is going to change its style and concentrate on the medium and elite segment of real estate. The company analyzed changes in consumer behavior and decided that the most promising area in real estate is luxury housing. The developer will focus on three main points of...
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From April 18 to March 18, 2022, the adoption of a law on a tax on signage on buildings was considered, and following negotiations, it was adopted. Not only was it decided in 2022 to levy a 100% tax on land and buildings after two years of tax abolition, but the tax on signage is also significantly increased, which will hit entrepreneurs hard...
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Thai temples are bright, vivid, and have many colors, small details, and gilding. But, traditional houses and contemporary residential buildings are minimalistic and have simple shapes. The Thai architectural tradition is influenced by the hot tropical climate. Modern houses are constructed with centuries-old rules. Contemporary Thai houses are...
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Bangkok government representative Suthap Sonam said that the deadline for paying land tax in the capital will be extended until July 2022. Bangkok is currently in the process of changing the database and program of the land and building tax collection system. In order for taxes to be calculated correctly, more time will be given to prepare receipts...
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