Bangkok Luxury Condo Market Booms Amid Rising Demand
Despite the global economic slowdown, Bangkok’s ultra-luxury condominium market continues its growth trajectory, driven by enduring demand from Thailand’s wealthy elites and international investors, according to property consultancy Colliers Thailand.…
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…
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…
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.…
Additional Property Stimulus May Be Coming Soon
The stimulus committee is set to convene later this month to discuss additional measures, including those aimed at the real estate sector, according to Deputy Finance Minister Paopoom Rojanasakul. Mr.…
Pruksa Reduces Value of New Developments by 2 Billion Baht
The company has called on the incoming prime minister and cabinet to sustain economic stimulus initiatives. Uten Lohachitpitaks, the group chief executive of Pruksa, expressed concerns about Thailand’s economic situation,…
Property regulations could mirror Singapore’s approach
A property research firm recommends that the government prioritize ensuring that Thai citizens can afford homes and proposes limiting areas for expanding foreign condo ownership to specific zones, even within…
Review Underway for Foreign Ownership Cap in Condominiums
The government will study the feasibility of raising the level of foreign ownership allowed in condominiums from 49% of a building’s usable space to 75%, according to Deputy Prime Minister…
Plus Property Aims for Ambitious Revenue Target by 2024
Plus Property Co Ltd (PLUS) is reinforcing its position as a leading provider of professional property and facility management services. With a focus on growth and quality maintenance, the company…
Anticipated Surge in Residential Prices in the Latter Half
As per a research firm, the price index for new residential supply in Greater Bangkok is poised to see a continual increase in the latter half of the year. This…