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On the island of Phuket, in the area of one of the most popular beaches, a residential area with villas for wealthy buyers will be built. Construction will begin in Q4 2023. The project called Rosewood Residences Kamala will be built in the area of Kamala Beach. The total cost of construction will be 7 billion baht ($200 million). The minimum cost...
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In 2023, the market for real estate in Thailand has continued to recover from the decline due to the coronavirus pandemic of 2019-2021. Market growth has been driven in particular by the positive impact of the tourism sector and the influx of buyers from abroad. This article outlines the current state of the Thai housing market and the factors that...
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Real estate experts have named the most suitable areas of Phuket for investors. Real estate in these areas has the highest rental yield, and almost all local real estate belongs to the elite. Now there are two districts with the highest profitability at the moment. First, it is Patong - the main tourist city of Phuket with a large beach and many...
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Experts from Thailand named the main trends of Phuket real estate market by June 2023. We are talking about the most popular types of real estate, the most popular layouts and the most active buyers. The greatest demand is for real estate by the sea, in resort areas with popular beaches. Analysts especially distinguish three territories: Kamala...
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The Chairman of the developer Pruksa, Mr. Piya Prayong, highlighted the problems that the real estate market will face in 2023 due to the recent increase in interest rates. The increase in interest rates has led to a higher rate of loan refusals, especially for real estate worth less than 3 million baht. Along with rising construction costs and...
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The famous Dusit Thani Hotel Bangkok has been demolished, giving way to an exciting new complex known as Dusit Central Park. This ambitious mixed-use project aims to redefine the urban landscape, offering a harmonious combination of hotel rooms, rented offices, a shopping mall and a charming rooftop park. The first phase of this grandiose project,...
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The price of land along Ladprao Street, where the yellow train line runs in Bangkok, is constantly growing, reaching the current range from 200,000 to 800,000 baht per square wah (1 wah2 = 4 m2). A similar trend can be observed along Sinakarin Street near Samrong Station, where land prices have increased significantly, ranging from 200,000 to...
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After a two-year hiatus caused by COVID-19, the Thai condominium market is experiencing a significant revival. According to the latest data from the Real Estate Information Center (REIC), in the first quarter of 2023 there was a noticeable surge in foreign buyers caused by the recovery of the tourism industry. Among the 10 largest international...
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Buying real estate in Thailand is becoming more and more attractive for investors every year. The country beckons with its breathtaking nature, mild climate, affordable cost of living, and open and good-natured people. The Kingdom attracts many expats, as well as investors wishing to rent apartments and villas to tourists. Bangkok and Phuket remain...
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The multifunctional Cloud 11 MQDC project, in partnership with the well-known smart hotel brand YOTEL, presented the first YOTEL Bangkok hotel in Thailand. This innovative project, presented on May 28, promises an unprecedented experience, combining elements of modern design with advanced technology. YOTEL's forward-looking approach is aimed at...
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