Showing 1 - 5 of 5
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.
Concerns about foreign property perks downplayed
Onnucha Hutasingh, Published on 06/07/2024
» The government has played down concerns raised over the possible negative impacts of its proposal to increase the foreign ownership quota for condominiums to 75% and extend land leasehold terms to 99 years.
Property rules could mimic Singapore
Business, Kanana Katharangsiporn, Published on 03/07/2024
» The government should ensure Thais can afford homes and should limit the areas for extending foreign ownership of condos to specific zones, even within a single province, to avoid opposition, says a property research firm.
PM allays foreign quota fears
Onnucha Hutasingh and Wassana Nanuam, Published on 23/06/2024
» Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will help stimulate the economy.
Bangkok governor responds to city plan criticism
News, Supoj Wancharoen, Published on 13/02/2024
» Bangkok governor Chadchart Sittipunt said on Monday that comprehensive city planning would not benefit financiers, adding that it can be revised after opposition from civil society networks.