News
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As new branches of the monorail are built, investors should invest more often in real estate in the suburbs of Bangkok. With the increase in transport accessibility, its price may increase significantly, according to real estate experts from Singapore. One example was the construction of MRT Yellow Line, which was launched in the summer of 2023....
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Bangkok developers are building fewer condominiums and are more likely to rely on budget housing in 2023. Experts from Britain recently came to such conclusions after analyzing the data of the Thai real estate market for Q1 2023. In Q1 2023, 7,148 apartments in condominiums appeared on the Bangkok market - this is 25.3% less than in Q4 2022, and...
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In the prestigious eco-district of Bangkok, Forestias will build a 44-storey residential building The Forestias Signature Series. The construction will cost 5.9 billion baht ($168 million). The skyscraper will have only large-sized housing: a total of 122 apartments on 42 floors, with an area of 140 to 350 m2 and a layout of 2 to 5 rooms. On the...
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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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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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