June 2024

As we delve into the real estate scene of 2024, we find a landscape characterized by resilience, innovation, and evolving trends. Understanding the current trends in the Phuket property market is crucial for investors and stakeholders to make informed investment decisions. As one of Thailand’s premier real estate markets, Phuket offers lucrative opportunities but also presents unique challenges that...

Thailand has announced a significant policy shift aimed at boosting its real estate sector and attracting foreign investment. The new measures include increasing the foreign ownership limit for condominiums to 75% and extending property leases to 99 years. Key Takeaways Foreign ownership limit for condominiums increased from 49% to 75%. Property lease durations extended to 99 years. Aimed at stimulating...

Phuket's real estate market is experiencing an unprecedented boom, with property values soaring to $12.8 billion as foreign buyers rush to invest in vacation homes and condominiums. This surge has surpassed pre-COVID levels, making Phuket a global hotspot for real estate investment. Key Takeaways Phuket's real estate market has reached a total value of $12.8 billion. Foreign buyers are driving the demand,...

Koh Samui, a tropical paradise in the Gulf of Thailand, offers a unique blend of stunning scenery, vibrant culture, and serene environment, making it an attractive destination for property investment. Whether you're looking for a vacation home, a retirement retreat, or an investment property, Koh Samui presents diverse real estate options to suit your needs. With its growing tourism industry and high...

Understanding the complexities of Thailand’s real estate market is crucial, especially for foreigners interested in buying property in Koh Samui. Despite strict laws on land ownership by non-nationals, there are legal avenues to purchase property on this beautiful island. This comprehensive guide will walk you through everything you need to know about buying land in Samui as a foreigner. Key...

The proposal to raise the foreign ownership limit for condominiums in Thailand to 60% has sparked significant interest. This potential policy change aims to attract more foreign investment, stimulate growth, and revitalize the real estate sector, which has faced challenges such as oversupply and slow sales. Key Takeaways Raising the foreign ownership limit for condominiums to 60% could attract more...

Phuket's real estate market is experiencing significant shifts, with a notable increase in resales and a surge in demand for rental properties. The market dynamics are influenced by various factors, including international buyer trends, infrastructure developments, and potential economic challenges. Here's a comprehensive look at the current trends and developments in Phuket's real estate sector. Key...

Siam Piwat Group, a leading real estate and retail developer, has been honored with three prestigious international awards at the Real Estate Asia Awards 2024 in Singapore. This recognition underscores the company's role in enhancing Bangkok's urban landscape and promoting Thai culture and tourism globally. Key Takeaways Developer of the Year – Thailand: Siam Piwat Group Mixed-use Development of the...

Phuket, the largest island in Thailand, is a tropical paradise that attracts investors from around the globe. With its stunning beaches, vibrant culture, and a plethora of real estate options, Phuket offers something for everyone. Whether you're seeking a tranquil retreat, a luxury villa, or a bustling nightlife hub, this comprehensive guide will help you explore the best areas to buy property in Phuket...

Phuket’s real estate market is experiencing an unprecedented boom, with the total value of active projects reaching $12.8 billion. This surge is driven by a significant increase in foreign buyers seeking vacation homes and condominiums, pushing the market beyond pre-COVID levels. Key Takeaways Total value of active projects in Phuket: $12.8 billion 500 active projects with 72,000 units available for...