Real Estate

The Cabinet's recent decision to extend property leaseholds for foreigners from 30 years to 99 years and increase the foreign ownership ratio in condominium projects from 49% to 75% is expected to attract foreign investors and alleviate the current market slump. he Real Estate Information Centre (REIC) of the Government Housing Bank has supported a major policy change aimed at rejuvenating Thailand’s...

They include a very special detached seven bedroom family house in Kensington, an exclusive five bedroom apartment overlooking Kensington Palace Gardens and a stunning newly built luxury home of grand proportions totalling 14,358 sq ft. Phillimore Gardens, Kensington, London For Sale, 38,560,411 USD A very special detached seven bedroom family house with off-street parking and a lovely...

The home has access to amenities in a neighboring luxury development A modern houseboat moored on the River Thames that comes with a suite of hotel-like amenities has hit the market asking £1.75 million (US$2.25 million). The floating three-bedroom residence, which was listed earlier this month, is docked off a gated pier where the Thames runs through the London suburb of Wandsworth. It also has access...

London venue where the Rolling Stones and U2 played their early gigs is for sale A hub for music acts since the Sixties, major names such as The Jam also staged early gigs at the W9 venue. Now set for a new life, it’s on the market at £6.5 million with Lambert Smith Hampton.   Read...

There's more to life than money, and the same goes for buying real estate. In an increasingly unstable and uncertain world of shifting political regimes, climate patterns and economic powers, many investors are finding themselves asking what constitutes real value. Most societies have historically measured worth in concrete financial statistics: in GDPs, stock indices, and all sorts of monetary...

Changes to deposit protection limits on bank accounts in Thailand may give a boost to property investments even as there are warnings of speculation at the high end of the market for condominiums. In early April the Governor of the Bank of Thailand issued a warning about the potential of bubbles developing in some parts of the Thai economy and referred to the property market. Some observers within the...

There are 3 new Phuket housing projects designed for low income earners and those on financial assistance and reservations for units in these developments have been brisk, according to local media. Prices at the projects start at THB3.79 million and some of the homes will be completed and ready to move into by the end of 2018. “The National Housing Authority (NHA) is creating 8 residential projects in 3...

Foreigners cannot buy land in Thailand, only condominium units and apartments. Foreigners cannot make up more than 40% of the condominium's unit-owners. However, a foreigner can buy a whole building, minus the land on which it is built. In recent years, minor changes in Thai law have allowed nonresidents to explore the Thai real estate market. A foreigner can have a 30-year renewable lease, under which...

IN THE PAST DECADE, Thai properties marketed overseas were either projects in prime downtown Bangkok or properties in top resort destinations such as Phuket. Nowadays, visitors and investors are becoming more familiar with other non-prime locations in Bangkok through information from social media and digital communications. New condominium property prices in downtown Bangkok have increased to an average...

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...