News
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The Thai Information Center for Real Estate Research and Evaluation has updated the statistics of the housing market in Bangkok and its surroundings for July 2022. It was found that 35 new projects were launched in July, a total of 6,229 units, with a total cost of 27.7 billion baht. This is considered a high level of investment compared to the...
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The Ministry of Internal Affairs and the Land Department have established Regulations on the Exploitation of land that has been abandoned, not used or left as a wasteland. When considering a piece of land that has been abandoned, unused, or left as a wasteland, it should be borne in mind that simply fencing the land or paying local taxes will not...
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Demand for condominium rentals in Pattaya from foreign tenants peaked at the height of the last 2021 season, while an influx of local tenants supported the market during the first quarter of 2022. Demand from local residents increased by 22.2% between the fourth quarter of 2021 and the first quarter of 2022, which coincides with the celebration of...
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Tourists have flooded back to Phuket, but experts believe that the island's real estate market is still in the recovery stage. At the same time, the level of sales has really increased, there are several positive factors that can potentially help the situation return to the pre-pandemic level in the future. Developers decided not to launch many...
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The operators of the tourist business on Koh Samui are calling on the government to promote the island as a health tourism center. There is also a plan to build a bridge connecting Khanom district in Nakhon Si Thammarat Province with Koh Samui. The plan was approved by Prime Minister Prayuth Chan-ocha. The bridge can also help reduce the cost of...
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The Thai Chamber of Commerce published a survey of consumer confidence in July 2022, showing that the consumer confidence index in July was 42.4 compared to 41.6 in the previous month, which means that the index is improving for the second month in a row. This is because consumers feel that the economy is starting to improve after COVID-19....
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Grande Asset Hotels and Property has launched a project of luxury villas Anantara Residences Rayong with 61 properties at a price of 33 million baht. The main potential buyer is Europeans working in the eastern provinces or people who want to buy a house by the sea for a holiday. Phieraphon Nonthasud, Executive Vice President of the company, said...
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The Metropolitan Water Supply Authority (MWA) enters into cooperation agreements with developers. MWA is tasked with delivering clean and safe tap water in accordance with World Health Organization (WHO) standards to serve the population of the three provinces of Greater Bangkok. The project is a collaboration between the public and private...
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The Thai Real Estate Association reported that the real estate market in 2022 will not recover as expected. Despite the existing surge in investment from buyers of luxury housing, this will not help support the real estate market in Thailand and this boom will soon come to naught. For middle- and low-income buyers, new real estate is becoming...
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According to a survey conducted by a well-known website, during the first six months of this year, Lat Phao district was the most popular residential area in the capital, followed by Chatuchak, Bang Khe, Xuan Luang and Lat Krabang. These five districts are more popular among Thai residents than among foreigners. The districts have well-developed...
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