News
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The managing director of Sathaporn Estate said that the company is going to change its style and concentrate on the medium and elite segment of real estate. The company analyzed changes in consumer behavior and decided that the most promising area in real estate is luxury housing. The developer will focus on three main points of...
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From April 18 to March 18, 2022, the adoption of a law on a tax on signage on buildings was considered, and following negotiations, it was adopted. Not only was it decided in 2022 to levy a 100% tax on land and buildings after two years of tax abolition, but the tax on signage is also significantly increased, which will hit entrepreneurs hard...
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Bangkok government representative Suthap Sonam said that the deadline for paying land tax in the capital will be extended until July 2022. Bangkok is currently in the process of changing the database and program of the land and building tax collection system. In order for taxes to be calculated correctly, more time will be given to prepare receipts...
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The Real Estate Information Center of Thailand published a report on the price index for vacant development plots of land in Bangkok and surrounding areas for the first quarter of 2022. It has been revealed that the top-5 railway routes with the highest pace of growth in land prices are mainly lands with planned construction projects. Light red...
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Debt Clinic program continues its work, which helps debtors with overdue debt (NPL) on credit, credit cards, mortgages and other types of debts by increasing repayment periods and lowering interest rates in order to reduce the monthly burden of the debtor to a manageable level. Initially, the project covered people who had a debt on October 1, 2021...
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Since May 1, 2022, the Test and Go system has been cancelled for foreign citizens visiting Thailand. To visit Thailand now, you need to have proof of vaccination, register in the Thai Pass Registration system, and prove that you have insurance ranging from $20,000 to $10,000. The PCR test upon arrival in Thailand has also been cancelled, but...
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In the first quarter of 2022, 58 projects (a total of 2,593 apartments and houses) of the luxury segment with a cost of more than 20 million baht were put up for sale. The level of sales in this segment was 62%. Which showed developers the interest of customers in luxury housing. Now the construction of large townhouses in the center of Bangkok,...
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The Government Housing Bank (GHB) announces the successful outcome of the VARIETY HOME VIRTUAL FAIR, an online housing exhibition. It was held for the first time between April 25 and May 1, 2022. The number of visitors to the site reached 39,500, and the number of visitors participating in the event through the GHB’s official Facebook page...
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The Siam Architect Fair is the largest exhibition of architectural technologies and building products in the Association of Southeast Asian Nations (ASEAN). The exhibition was held from April 26 to May 1, 2022, in Bangkok. Eco-friendly technologies were the main trend of the year. SEE JORAKAY has become a unique product by the Crocodile company,...
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Phuket is the most popular resort for tourists from all over the world. The Phuket real estate market is growing along with the island's tourism sector. Holiday homes or villas are in particular demand. In 2021, 4,002 villas and 108 new buildings were put up for sale in the Phuket market. These projects are mainly located in the Cheng Thale area...
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