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This year, the real estate market in the northern region of Thailand has overcome the lowest point and is beginning to revive. The northern region of the country includes such provinces as Chiang Rai, Chiang Mai, Nan, Phayau, Phre, Mehendson, Lampang, Lamphun, Utradit. The construction of 4,792 new projects with a total cost of more than 14,490...
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GH Bank Information Center reported on the results of the real estate market research in the second half of 2021 in the area of the Eastern Economic Corridor, namely in the provinces of Chachengsao, Chonburi and Rayong. It was found that 11,351 new properties were sold in the second half of 2021, an increase of 4% compared to the same period last...
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Analysts at TMBThanachart bank declare a clear course for recovery in the real estate sector in 2022. This is due to government LTV measures and increased demand for real estate purchases in anticipation that new housing prices will rise in line with higher construction costs due to the Russian-Ukrainian crisis. This year, the stock market has...
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Thailand's real estate market has changed rapidly over the past 10 years. This is partly due to the development of its urban environment, which resulted in new projects, a growth in supply, and developers beginning to compete for the attention of potential buyers. What problems did the market face and what happened thereafter? This article...
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COVID-19 has been affecting life in Thailand for 2 years (2020-2021). During this time, individual low-rise buildings have become the best-selling real estate object. Demand for luxury properties has been growing for 3 years in a row. The real estate market focuses on the share of sales of luxury properties – 39% of sales in 2021, which is 69%...
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It is a mistake to think that land prices will decrease during the economic crisis. In the era of COVID-19, the real estate business has to face negative factors from many sides. However, 2022 has already brought a lot of difficulties: 100% property tax was returned, the spread of a new strain of coronavirus. A new complication is the...
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Thailand is a country of contrasts, where you can find real estate for any budget. The market offers budget studio apartments, small houses for family holidays, luxury villas and apartments for people who want to get only the best. Where is luxury real estate in Thailand? What is Thai elite housing? How much are the most expensive houses on the...
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The Thai Center for Real Estate Research and Evaluation says that land prices continue to rise amid a shrinking housing market. Land prices in 2021 increased by 4.7% compared to 2020, but still, this is less than the 6.5% figure in 2019-2020. However, experts believe that in 2022 the price of land will rise even more. The actual launch of new...
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On March 11, 2022, Mass Rapid Transit Authority of Thailand signed a contract for the construction of the southern section of the purple tunnel of MRT Tao Poon - Rat Burana. In total, 6 contracts were signed with construction companies, including a Chinese-Thai engineering and construction company and an Italian-Thai development company. The road...
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Real estate experts say that sales of luxury housing in 2021 have not fallen, despite the epidemic situation with COVID-19 due to changing customer needs. Despite the fact that the real estate market has suffered from the ongoing economic downturn and pandemic, mansions and luxury condominiums continue to be popular in the market. Among luxury...
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