September 2024

Residential sales in the Eastern Economic Corridor (EEC) have seen a significant decline in the second quarter of 2024, primarily due to the shuttering of factories in key provinces. This downturn has raised concerns about the future of housing demand in these industrial zones. Key Takeaways New residential sales in EEC provinces dropped to 5,132 units in Q2 2024. The total value of these sales was...

Managing your villa in Phuket from a distance may seem overwhelming, but with the right approach, it can be a smooth and enjoyable experience. This guide offers practical tips to help you oversee your property without stress, ensuring it remains a valuable asset while providing great experiences for your guests. Key Takeaways Select a property management firm with proven experience to guarantee efficient...

Phuket, Thailand's premier resort island, is grappling with a significant waste management crisis as tourism rebounds post-pandemic. With daily garbage disposal reaching alarming levels, local authorities are urging residents to engage in recycling and composting initiatives to combat the growing trash problem. Key Takeaways Daily garbage disposal in Phuket has surged to 1,100 tonnes. The island's only...

Understanding the property laws in Thailand can be quite overwhelming, especially for foreigners. This article aims to break down these laws and ownership restrictions into simple terms, making it easier for anyone interested in buying property in Thailand. Whether you're dreaming of a condo in the city or a villa by the sea, knowing the rules is essential for a hassle-free purchase. Key...

In a remarkable turn of events, condo transfers to Myanmar nationals in Thailand have surged in the first half of 2024, surpassing the total for the entire year of 2023. This trend indicates a significant shift in the real estate market, driven by various factors including changing regulations and economic conditions. Key Takeaways Record Transfers: 638 condo units worth 3.24 billion baht were transferred...

Finding tenants or buyers for your property in Phuket can be challenging due to the competitive landscape. However, by employing effective strategies, you can make your property more appealing and attract the right audience quickly. This article will guide you through essential tips and insights to navigate the Phuket property market successfully. Key Takeaways High-quality photographs can enhance the...

The real estate market in Phuket has experienced a significant surge in prices, rising by 15-20% over the past couple of years. This increase has raised suspicions of potential money laundering activities, particularly involving foreign investors, especially from Russia. Key Takeaways Real estate prices in Phuket have surged by 15-20%. A notable influx of affluent Russian buyers has been...

Phuket, a beautiful island in Thailand, is not just a dream holiday spot but also a great place to invest in real estate. With stunning beaches, lively culture, and improving infrastructure, the property market here has plenty to offer. To get quick returns on your investment, it's important to understand how the market works, what trends are happening, and what factors affect property prices. Key...

In recent years, Chinese investors have emerged as the leading buyers of condominium units in Thailand, significantly impacting the real estate market. This trend reflects a growing interest among Chinese nationals in overseas property investments, driven by factors such as favorable exchange rates, lifestyle aspirations, and investment opportunities. Key Takeaways Chinese buyers are the top purchasers of...

🎧 Listen to "How to Avoid Construction Delays and Ensure Your Phuket Villa is Ready on Time" Your browser does not support the audio element. Building a villa in Phuket can be an exciting adventure, but it often comes with challenges, particularly delays in construction. To help you navigate this journey smoothly, we’ve put together essential strategies to avoid setbacks and ensure...