Thailand Greenlights Reductions in Property Fees
On Tuesday, the cabinet approved a reduction in ownership transfer and mortgage registration fees to boost Thailand’s struggling property sector, according to a deputy finance minister. The new fee will…
Phuket Real Estate Market Thrives
Phuket’s property market has experienced significant growth following the Covid-19 pandemic, with the province generating 400 billion baht in tourism revenue last year. However, concerns regarding wastewater management remain prevalent.…
Pros and Cons of Daily Condo Rentals
The illegal practice of renting condo units on a daily basis has raised significant concerns among residents and co-owners, primarily regarding safety, irresponsible behavior, and noise disturbances caused by short-term…
Bangkok Condo Market Faces Challenges with Price Reductions Expected in 2025
The Bangkok condo market is expected to face significant challenges in 2025, as developers struggle with a large inventory of unsold units and pressure from maturing loans totalling over 156…
Terror Strikes Thailand’s South: Deadly Bomb Blasts Rock Yala and Narathiwat
A peaceful evening in Yala’s Bannang Sata district turned into a nightmare on Saturday when a powerful explosion shattered the night, killing a civilian and injuring multiple police officers. At…
Unveiling Bangkok’s Property Hotspots
In 2024, Kaset Nawamin-Ram Intra and Bang Na-Samut Prakan emerged as the most sought-after locations in Bangkok for property demand, ranking among the top three to five areas for single…
Demand for Condos Rises Among Parents and Expats
Condominiums near international schools in Bangkok are in high demand, attracting a diverse group of Thai parents, expatriates, and educators, with the Siam-Nana, Asoke-Ekkamai, and Silom-Sathorn areas being the most…
Luxury Homes Continue to Lead Bangkok’s Real Estate Sales Rankings
Photo credit: Sansiri Luxury single detached homes remained the top-selling category in Greater Bangkok this year, despite a surge in new supply over the past two years, peaking in 2023.…
Developer Profits Expected to Decline This Year
Sumitra Wongpakdee, managing director of property research and consultancy Terra Media and Consulting, noted that a sluggish market has forced developers to make significant changes this year. “Many developers have…
Rise in Bad Loans Affects Thai Households
Household non-performing loans (NPLs) reached 1.2 trillion baht in the third quarter of this year, marking a 14% increase compared to the same period last year. Additionally, there are growing…