News

  • In the zone of the Eastern Economic Corridor, 473,000 properties remained unsold

    The Real Estate Information Center reported that out of the total number of apartments for sale in the Eastern Economic Corridor project area, it was found that most residential condominiums for sale are located in Chonburi Province, while low-rise projects are mainly launched in Rayong and Chachengsao. The total number of housing on the market in...

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  • Adjustment of new land prices, an increase of 8.93%

    The Ministry of Finance is preparing to publish an announcement on new estimated values of land plots and buildings. The new prices will be used during 2023-2026, starting from January 1, 2023. The revaluation was carried out for the first time in 3 years since it was not carried out in 2020 due to the COVID-19 crisis. In this regard, the cost of...

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  • Overview of real estate market in Bangkok and the suburbs

    Recently, Salon Pornchokchai, President of the Thai Information Center for Real Estate Research and Evaluation and the Real Estate Agency, conducted a review of new housing projects opened in the border area of Bangkok in November 2022. A total of 45 projects were launched, 44 of which were residential projects and 1 other type of real estate...

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  • The most eco-friendly real estate projects in Thailand

    On December 17, 2022, Mr. Vivat Laohapunrangsi, Senior Chairman of the Board of Directors of Areeya Property, stated that Areeya Property is developing in different directions in the real estate sector. The company sought to improve the quality of life, combined with social responsibility and environmental friendliness. Adhering to the United...

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  • What is the expected inflation rate in Thailand in 2023? Economic forecast

    The Bank of Thailand says that the Thai economy will face big problems in 2023 if the issue of raising the interest rate is not resolved. Inflation tends to gradually decrease, in November, it was at the level of 5.5%. Inflation is expected to reach the target range of 1-3% in the second half of 2023, while the economic recovery may continue...

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  • Is it an increase in the electricity tariff?

    The Energy Regulatory Commission of Thailand (ERC) indicates that after the figure of automatic variable electricity for January-April 2023 was adjusted in accordance with the decision of the National Council for Energy Policy of November 25, on December 14, the results of the calculation of electricity tariffs according to the methodological...

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  • The process and ownership documents will be unified throughout Thailand

    The Department of Lands has established a policy according to which the project of issuing documents on the ownership of land must meet the same standard for the whole country. To ensure that all people have the opportunity to access public services. From 1985 to the present, the municipal authorities have conducted a survey and issued documents...

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  • Review of the real estate market in Bangkok in Q3

    Real Estate Information Center (REACH) states that the housing market and purchasing power in Greater Bangkok are being negatively affected, sales volumes are decreasing. Sales decreased by 2,188 units from the second quarter of 2022, but the value increased by 8.6 billion baht, a total of 126,325 units were sold with a total value of 680.6...

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  • Review of real estate market in Thailand in November

    In November 2022, it was found that the number of new real estate projects had already returned to the pre-epidemic level. The supply of new projects was stable compared to the same period last year, but increased by 7% compared to the previous month and reached 11,880 units. In the second half of 2022, approximately 10,000 units were launched...

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  • Thailand received 7 awards for the best real estate in Asia at the 17th Grand Final of the PropertyGuru Asia Property Awards

    The PropertyGuru Group, a leading real estate technology company in Southeast Asia, held the 17th award ceremony for the winners of the PropertyGuru Asia Property Awards. The project in Bangkok Lake Legend Bangna-Suvarnabhumi, created in collaboration with Hong Kong Land and Property Perfect Public Company Limited, became the winner in the...

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