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Analysts from the Thailand Real Estate Information Center (REIC) summed up 2021s early data to give us some information on the Thai property market in December. Let’s look at how the pandemic affected the Thai housing market and what forecasts are for 2022. COVID-19’s Impact on the Thai Property Market The pandemic in 2020-2021 seriously affected...
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When purchasing real estate abroad, it is essential to know about all the associated taxes in advance. Each country has its own property tax rates. Investors who plan to rent out or resell properties should also collect income tax information. Content: Property tax in Thailand Taxes and fees on the transfer of residential properties Property...
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From March 30 to April 3, 2022, the real estate exhibition «Construction and Materials FOCUS 2022» was held at Impact Hall 8 Muang Thong Thani in Nonthaburi province. New construction projects and construction materials were presented at the exhibition. In just 5 days of the exhibition, deals were concluded for the purchase of real estate with a...
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On April 12, a major developer of Thailand K.C.Property celebrated its 40th anniversary. The director of the company Santi Pia said that in honor of the anniversary they will launch an action: when buying a home, buyers can take a gift certificate to Home Pro hardware store, installments for 12 months, cashback or a discount when paying in cash...
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Tourism Authority of Thailand and Thai developer Asset World Corp are launching projects to build new hotels in Chiang Mai. Now the government is reducing covid measures in the country. It's getting easier for foreigners to come to Thailand. A PCR test is no longer needed before departure to Thailand, only a test is required upon arrival and on the...
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Songkran is Thai New Year. This is the most important holiday in Thailand, which is traditionally celebrated with mass events on the streets of the city on April 13-15 every year. The government has banned mass events on Songkran for the third year in a row. Any parties and concerts must be approved by the local administration. After this year's...
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Developer DJW announced the creation of Passion House project. These are 4-storey office buildings designed for a comfortable combination of work and living space. The buildings have separate staircases for each floor, a separate entrance to the residential and office part. The ability to separate commercial and residential premises will help to...
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Supachai Rujiruangroth, President of Songkhla Real Estate Association, said that the real estate situation in Songkhla is currently influenced by many factors. The main ones among it are the spread of COVID–19, rising oil prices, inflation and an increase in the cost of construction materials. Real estate sales in Songkhla remained stable in the...
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Thailand's largest developer Pruksa, which has been active in the market for more than 30 years, is launching the latest Pruksa Living Solution program. Within its framework, innovative technologies and new approaches to the arrangement of residential premises will be used in new projects of the developer. The development of Living Solution is...
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The Ministry of Finance of Thailand announced that the government has started collecting land tax. The collection will begin in April 2022. Prior to that, since 2020, the kingdom had a 90% discount on real estate tax as a relief measure during COVID-19. At the beginning of 2022, it was announced that its validity would not be extended. By reducing...
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