Property

Property : Latest property news; home, house, residence, condominium from Thailand and Asean, plus features, opinion and multimedia from across Southeast Asia.

Super-luxury $11bn freehold condo unveiled in Bangkok’s business hub

THURSDAY, MAY 09, 2024

Global property giant Hongkong Land (HKL) has teamed up with Thailand’s Noble Development to build a US$11-billion “super-luxury” condominium in Bangkok’s business district.

Co-working spaces preferred to long-term office rental post-Covid

THURSDAY, MAY 02, 2024

After suffering declining domestic demand due to Covid-19, providers of office and co-working spaces in Thailand are now enjoying higher tenancy rates from a new target group: expats working for multinational corporations, according to IWG Plc, a British-based provider of serviced offices under several brand names.

Home building market set to grow despite challenges, insiders say

April 24, 2024

Thailand's home building market is showing signs of growth this year, even though rising costs, a labour shortage, and buyer sentiment remain major challenges, Worawut Kanchanakul, president of the Home Builders Association, said on Tuesday.

Surging land value sends price of new Bangkok condos soaring

April 23, 2024

Soaring land prices in Bangkok’s central business district have resulted in record high prices for new high-end condos, real estate consultant Property DNA said on Monday.

Bangkok luxury housing segment continues to grow steadily

April 20, 2024

Large property-development companies are heavily investing in luxury housing projects, as this market segment continues to grow steadily and is not affected by the strictness of financial institutions.

BOI offers tax privileges for housing under THB1.5m for low-income Thais

April 11, 2024

The Office of the Board of Investment (BOI) has announced tax privileges for property developers of houses and condos to sell to low-income people at prices of 1.5 million baht and lower.

Phuket’s branded residences supply tops USD2.3 billion

April 10, 2024

New report from C9 Hotelworks reflects a blurring of the lines between global hotel brands and real estate as destination development hits new heights

Interior Ministry slashes mortgage, transfer fees to boost property sales

April 10, 2024

Two directives from the Interior Ministry were published in the Royal Gazette on Wednesday in a bid to boost the sale of property in line with the Cabinet’s resolution on the previous day.

Foreign demand for Chon Buri condos outpaces Bangkok appetite

April 09, 2024

The tourism industry’s recovery and the ongoing development of the Eastern Economic Corridor (EEC) gave a significant boost to the real estate industry in the Eastern province of Chon Buri last year, the Government Housing Bank’s Real Estate Information Centre (REIC) said on Monday.

Govt plans incentives to boost sales of property priced at over THB3 million

April 06, 2024

The Ministry of Finance will next week propose measures to boost the property sector to the Cabinet, hoping to see a nearly 800 billion baht sales boost and a 1.58% contribution to GDP expansion, a news source said on Friday.

Raimon Land plans expansion into Europe and Australia next year

April 04, 2024

Thailand's leading luxury property developer Raimon Land (RML) has announced plans to expand its brand into the European and Australian real estate markets next year.

REIC records 25% jump in foreign condo purchases in 2023

April 04, 2024

Foreigners spent more than 73.16 billion baht to buy a total of 14,449 condominium units in Thailand in 2023, the Government Housing Bank’s Real Estate Information Centre (REIC) reported on Wednesday.

Developers expect govt stimulus for property market by mid-April

April 01, 2024

Leading property developers say they are confident the government will announce stimulus measures to boost housing sales before the Songkran holiday, or April 13.

Demand from affluent Myanmar nationals pushes up condo sales

March 28, 2024

Condominiums in the Bangkok metropolitan area that usually go for between 2 million and 4 million baht have more than doubled in sales from the previous year as affluent Myanmar nationals snap up units in prime locations, property management company Sen X, said this week

One Bangkok set for grand opening, aims to become the ‘heart’ of Thailand’s capital

March 20, 2024

One Bangkok, a prestigious real estate project that aims to transform urban living, offered the first preview of its world-class shopping experiences in a prime location in the capital.