News

Real estate’s reputation as a valuable investment asset strengthens further in the Thai capital Bangkok's property market is going from strength-to-strength, according to DDproperty’s latest Property Index. The Thai capital has displayed price growth with an eight-point increase from 205 to 213 in the first quarter of 2018. This growth is on the back of an improving economic outlook and an expected...

A long-discussed plan to offer five-year visas for foreigners was floated again Tuesday by the nation’s top tourism official. Visas to facilitate those staying for extended periods would make Thailand more competitive with neighbors such as Malaysia, where 10-year visas are available, according to Minister Kobkarn Wattanavrangkul, who said the issue would be raised with the relevant immigration and...

The smartphones that sit uncomfortably inside our pocket are now more powerful than the large desktop computers from 10 years ago. However, many people will tell you that these fantastic advances in technology are not always a sign of progress. For example, anyone that remembers the days when the tank like Nokia 3310 ruled the world will scoff at our unusual modern ways. Back in simpler times, you...

Located in the heart of Southeast Asia, Thailand has served as a trade and business hub for centuries. It was a buffer zone between colonial powers because of its strategic location. As a result, it was the region’s only nation that wasn’t colonized. Thailand (and its property market) is still able to reap the rewards from its strategic placement on the map today, yet in different ways. Its capital...

The city is sorely lacking in green space per capita Thai architects are partnering with the government on plans to turn Bangkok and other big urban areas into “public cities for all,” with green spaces that are commensurate with the needs of their inhabitants, The Nation reported. The Thai Association of Landscape Architects (TALA) announced Wednesday it is pitching the Health Ministry a policy...

Thailand has come a long way in recent years, perhaps a lot further than what many people might imagine. The economy has seen steady growth over the last 25 years with this expected to continue at between 2.9% and 3.3% between 2016 and 2018 according to The World Bank. This growth is certainly significant when you consider other countries in the region are experiencing slowing growth or are already a long...

The Condominium Act of 1979 is restrictive of foreign ownership of condominiums in Thailand, but generally allows it for foreigners who permanent residents, or those who have entered the country on an investment promotion visa, or for those who have fulfilled certain requirements related to the transfer or withdrawal of foreign currency. In regards to those foreign currency requirements, the Land...

Chinese demand for real estate in Thailand is at an apogee, but the Beijing government’s drive to control capital flight could hinder such demand, according to a new report by Financial Times Confidential Research (FTCR). Surveying 108 investors, FTCR found that Chinese buyers, mostly only “moderately wealthy” and put off by skyrocketing values in the mainland, are scouring the kingdom for...

Hillside and cliffside developments in the Thai island require careful planning Developers who want to build on vantage points, promontories, and other plots of significant terrain in Phuket will need to contend with the government's new environmental regulations for the touristy Thai island, a leading hospitality consultant said. Under rules issued by the Ministry of Natural Resources and Environment,...

Bangkok is the ever pulsing heart of investments and development in Thailand. Demand for homes close to the mass transit system is expected to grow strong. More consumers will express interest in developments near the city’s edges, prioritising locations close to the BTS and MRT stations for commuting convenience. When the government starts to invest in infrastructure projects, these automatically open...