Showing 1 - 10 of 16
Illegal condo rentals continue in Bangkok
Molpasorn Shoowong, Published on 29/04/2025
» Despite authorities' efforts to crack down on illegal daily rentals in condos, major tourism cities are continuing to see the practice persist, including a condo building in Bangkok's Sukhumvit 11 developed by a SET-listed company which has avoided an investigation by just changing its name.
Ins and outs of daily condo rentals
Kanana Katharangsiporn, Published on 22/03/2025
» The illegal rental of condo units on a daily basis has sparked serious concerns among residents and co-owners over safety, irresponsible behaviour, and noise disturbances caused by short-term guests.
Thailand's property boom attracts Chinese investors, but fraud risks loom
South China Morning Post, Published on 19/12/2024
» Thailand's property market is booming and so is fraud. Mainland Chinese buyers, who accounted for nearly half of the purchases by foreigners last year, are among the victims.
Luring foreigners to real estate
Business, Wichit Chantanusornsiri, Published on 16/11/2024
» Finance Minister Pichai Chunhavajira is looking at several options to stimulate the country's economy, with a focus on attracting more foreign investors.
Legal rejig needed for foreign land leases
Wichit Chantanusornsiri, Published on 30/09/2024
» The idea of allowing foreigners to lease land in Thailand for up to 99 years, with the land transferred from private ownership to state property, may require amendments to the state property law, says finance permanent secretary Lavaron Sangsnit.
Foreign buyers drive Q1 condo sales
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).
Prospect allocates B22bn for expansion
Business, Kanana Katharangsiporn, Published on 03/04/2024
» Factory and warehouse developer Prospect Development Co will invest 22 billion baht between 2024 and 2028 to add new space covering 1.25 million square metres in total, with the aim of capitalising on growing demand in the market.
Ministry mulls raising price limit for housing
Business, Wichit Chantanusornsiri, Published on 29/03/2024
» The Finance Ministry may consider raising the price limit for housing units eligible for government support, aiming to stimulate growth in the real estate sector.
RX Wellness investing US$20m to transform Colorado castle
Business, Kanana Katharangsiporn, Published on 14/03/2023
» RX Wellness, a subsidiary of SET-listed developer M.K. Real Estate Development Plc, will invest US$20 million to renovate the historic 121-year-old Redstone Castle in Colorado as its fourth wellness centre, and is eyeing Tuscany as its next destination.
NVD planning to launch 9 projects valued at B21.1bn
Business, Kanana Katharangsiporn, Published on 24/02/2023
» Nirvana Daii Plc (NVD) is poised to expand its housing development business, with plans to launch nine projects worth a total of 21.1 billion baht, the largest number since its establishment.