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  • Property News - Thailand

    Developers to call for first-time buyers’ special interest rates from new government

    Developers to call for first-time buyers’ special interest rates from new government

    14 September 2023
    Thai developers are urging the newly-formed government to provide special interest rates for first-time buyers as residential properties and interest rates are skyrocketing.
    Thailand Real Estate Market Outlook -- 2nd Quarter 2023 Edition

    Thailand Real Estate Market Outlook -- 2nd Quarter 2023 Edition

    04 September 2023 The outlook for 2023 economically and for the Thai real estate market continues to be promising. With Covid-19 in the past, generally speaking, businesses and people are no longer engrossed and distracted by the pandemic. 
    5 Vacant Land Locations along BTS Lines to look out for as Prices Surge

    5 Vacant Land Locations along BTS Lines to look out for as Prices Surge

    24 August 2023 According to the Real Estate Information Centre (REIC) report, vacant land along the BTS lines’ prices continue to rise, but some factors may contribute to the slight increase in land prices. REIC revealed that in the second quarter of this year, the price of vacant land before development along the route that the BTS passes through found that the top 5 highest growth rates for land prices rose compared to the same period last year are future projects that connect to major commercial areas. These areas are areas that are currently being developed. Details are as follows: 
    BA to Relaunch Samui-Hong Kong Flights Starting 1 July

    BA to Relaunch Samui-Hong Kong Flights Starting 1 July

    03 August 2023 Recently, Bangkok Airways announced that the airline is ready to resume service on routes between Samui-Hong Kong '' starting July 1. The flight frequency will be 3 flights a week (Tuesday, Thursday, and Saturday) and they will operate using an Airbus 319 aircraft. BA also aims to open a direct flight route Samui-Chongqing, Samui-Chengdu, and Samui-Hong Kong within the third quarter of 2023. 
    Thailand’s New Building Energy Code (BEC) Law Effective from 13 Mar '23

    Thailand’s New Building Energy Code (BEC) Law Effective from 13 Mar '23

    01 June 2023 Recently, the Ministry of Energy by the Department of Energy Development and Efficiency (DEDE) has determined that condos in Bangkok-perimeter around must be designed according to the Building Energy Code (BEC), which will be effective from March 13, 2023. Currently, Thailand uses more electricity than ever before in various sectors including the government, business, industry and housing, which affects the environment from the electricity generation process.
    Real Estate in Bangkok in 2023 - What To Expect In This Year

    Real Estate in Bangkok in 2023 - What To Expect In This Year

    03 April 2023 The real estate market in Bangkok has gone through many changes and fluctuations over the last several decades, however, it has always recovered and continued along a relatively strong upward trajectory. 
    Property News: Luxury Houses at Risk of Oversupply in 2023

    Property News: Luxury Houses at Risk of Oversupply in 2023

    23 March 2023 The direction of major real estate developers for most new projects broke a record for the past few months in the first quarter of 2023. This reflects the confidence and opportunity to drive sales and revenue, especially luxury housing projects with prices ranging from 10-300 million baht. In contrast to information from the Real Estate Information Center (REIC) which stated that the real estate market in 2023 is expected to remain negative due to high household debt issues. There is also the rise in interest rate direction LTV measures that affect purchasing power and will result in negative sales and house transfers. 
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