People who rent out their rooms via Airbnb on a daily or weekly basis are acting illegally, according to a recent court ruling handed down to the Wan Vayla Condo in Hua Hin district of Prachuap Khiri Khan province. The court ruled that people renting out their rooms have not obtained a licence to run […]
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THE property market is expected to expand at least 5 per cent this year, according to the consensus from the listed developers that have posted double-digit growth for the first quarter compared with the year-earlier period. Nine of the 11 developers that have announced their first-quarter results reported strong gains in net profit from the […]
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The outlook for the Thai economy in 2018 appears positive, based on trends that we saw emerging in the second half of last year. Most property developers have announced investment plans that feature higher revenue targets compared with last year. Available information so far shows that listed developers plan to launch about 400 billion baht […]
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For many people around the world, an extended vacation to Thailand is a dream come true. Many American expats have fared well with long trips to the country where they can enjoy traveling from one hot tourist spot to another. For some, just a little relaxation off the beaten path in a quiet province where […]
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Drive past Sukhumvit-Asoke intersection and you may notice a new billboard has come up in the past few days advertising a special discount for buyers of a high-end condominium project on Sathon Road that until recently was being touted as having been 100% sold out. One would be forgiven if they thought that this was […]
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A large number of foreigners work and live in Thailand. Many of them use lands on the lease. They are always concerned about the possible change in their position as a tenant, the end of the lease and the contract. Many building developers rent houses to individuals only on the continuation of the established period. […]
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Highlights The Bangkok condominium sector in 1H 2017 showed positive growth adversely to recent market concern about possible oversupply situation. Total number of new supply in 1H 2017 increased 39% to 30,493 units compared to 21,927 units in 1H 2016. On demand front, there were 27,275 condos sold in the first half of 2017, up […]
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It’s not a secret that Thailand’s real estate market is far less regulated than most Western countries, and even some Asian regions. That is why it’s important for property investors to rely on a credible third party with global reputation and expertise in the Thai property marketplace. RE/MAX CondoDee has established and created PhuketLux with […]
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Thailand ranks #3 in South-East Asia for the total hotel investments amount Thailand’s hotel success story is continuing. Earlier in the year JLL announced that the Kingdom was having a record breaking year thanks to an sharp increase in investment. Now the real estate firm can reveal that Thailand has the third highest level of activity within […]
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Asoke, Phetchaburi, Rama 9 and Ratchadaphisek are areas, according to Knight Frank, where large amount of property development projects will be started in the coming years. Projects in these prime locations are to include a few mega projects. The Asoke – Phetchaburi intersection is heavily developing with the Singha Complex of offices and retail space […]
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