August 8, 2024

Wasted money in construction projects visualized

State Audit Reveals Billions Wasted in Construction Projects

A recent state audit has uncovered significant financial mismanagement in construction projects across Thailand, revealing billions of baht wasted due to inefficient management and contract violations. Key Takeaways Over B30 billion in financial losses due to inefficient management. 1,795 out of 9,426 public agencies found with budget management flaws. 2,638 out of 5,318 contracts failed to comply with...

Property transfer in Thailand with handshake and contract

Legal requirements for transferring property ownership in Thailand

Transferring property ownership in Thailand involves several legal steps and requires coordination with the Land Department. Whether you're buying, inheriting, or receiving property as a gift, understanding the process can make it smoother and less stressful. This guide will help you navigate the requirements and procedures involved. Key Takeaways Understanding the legal framework is essential for property...

Tropical villa in Phuket with ocean view

Discover Your Dream House for Sale in Phuket: A Tropical Paradise Awaits

Phuket, a gem in Thailand, is famous for its beautiful beaches and lush green surroundings. It's the ideal place to find your dream house. Imagine living in a luxurious villa with views of the Andaman Sea and the green hills. Whether you want a peaceful home or a smart investment, Phuket has something for everyone. Key Takeaways Phuket offers a variety of luxury villas with unique designs. Investing in a...

Office building under renovation with cranes in the background.

GVREIT Invests B200m in Office Renovations to Stay Competitive

Golden Ventures Leasehold Real Estate Investment Trust (GVREIT) is set to invest 200 million baht in renovating two of its office buildings to enhance their competitiveness and retain tenants amid a surge in office supply in Bangkok. Key Takeaways GVREIT will invest 200 million baht in renovating two office buildings. The renovation aims to enhance competitiveness and retain tenants. Office demand remains...

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