Showing 1 - 8 of 8
More foreign ownership ‘could mean more illegal hotels’
Molpasorn Shoowong, Published on 13/08/2024
» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.
Real estate woes hit electrical appliances
Kuakul Mornkum, Published on 31/07/2024
» The reduced purchasing power of consumers affected the Thai real estate sector in the first half of 2024 and hit the electrical appliance sector, according to Panasonic Solutions (Thailand) Co Ltd, a business arm of Japanese multinational electronics appliance maker Panasonic.
Reaping the property stimulus rewards
Business, Kanana Katharangsiporn, Published on 18/04/2024
» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.
Cabinet endorses property stimulus
Business, Published on 10/04/2024
» The cabinet on Tuesday approved fresh property measures, including new cuts of the transfer fee and raising the limit for home and condo prices eligible for the transfer and mortgage registration fee benefits to 7 million baht, up from the current level of less than 3 million.
Overwhelmed by success
Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.
Surge in new office supply to prompt rejig
Business, Kanana Katharangsiporn, Published on 15/02/2024
» As around 1.4 million square metres of new office space is slated for completion between 2024 and 2026, landlords of existing office space should renovate or add new amenities to retain their existing tenants as new office towers will seek to attract both new clients and tenants of existing properties looking to relocate.
Hoteliers unfazed by China's property woes
Business, Molpasorn Shoowong, Published on 24/08/2023
» Thai hotel companies are to forge ahead with their expansion plans as they remain unfazed by mainland China's real estate slump, though purchasing power must be monitored for any declines, according to Dusit International.
Land tax payments deferred
News, Post Reporters, Published on 25/06/2022
» The Interior Ministry has extended the deadline for land and building tax payments for three months to help people and business operators cope with economic hardship.