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Landlords urged to step up property utilisation
Business, Kanana Katharangsiporn, Published on 13/11/2020
» Landlords should speed up utilising their properties to ensure efficient taxation as the land and buildings tax will return to normal rates next year, says international law firm Baker & McKenzie Ltd.
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BMA moves to help utilise Bangkok land
Business, Kanana Katharangsiporn, Published on 15/08/2016
» Bangkok's City Planning Department will allow the transfer of development rights and give additional construction space to buildings that remove fences for public use. The move is aimed at encouraging land utilisation and improving the city's liveability.
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Condo investors soothed over land and buildings tax
Business, Kanana Katharangsiporn, Published on 10/06/2016
» The land and buildings tax is likely to have minimal impact on investment in condos, as the tax rate remains lower than the profit generated from rental yields and the appreciation of property value, which together average 10% a year, said property consultant Plus Property Co.
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