SET-listed developer Raimon Land (RML) is poised for a financial turnaround in 2025, primarily driven by the sale of its One City Centre (OCC) office tower on Phloenchit Road, valued at 14.8 billion baht. The company is also launching super-luxury housing projects priced from 880 million baht, which are expected to bolster revenue streams. Key Takeaways Raimon Land anticipates a return to profitability in...
In a notable shift in the real estate market, second-hand condominiums in Thailand's Eastern Economic Corridor (EEC) are experiencing a surge in sales, particularly among budget-conscious buyers. This trend is attributed to the economic slowdown, which has led many to opt for more affordable housing options. Key Takeaways Increased Sales: Transfers of second-hand condos rose in the EEC, outpacing new...
Phuket's real estate market is currently experiencing a dynamic phase, driven by various factors that shape its landscape. With a unique blend of local and international influences, the property market in this tropical paradise offers a wealth of opportunities for investors and homebuyers alike. This article delves into the latest trends, challenges, and future outlook of Phuket's real estate sector,...
Koh Samui, a beautiful island in Thailand, attracts many foreigners looking to invest in property. However, the laws regarding land ownership for non-Thais can be quite complicated. This article will explore the legal framework, methods of acquisition, types of properties, and the challenges foreign buyers may face when considering real estate in Koh Samui. Key Takeaways Foreigners cannot directly own land...
The recent analysis by property associations reveals that the rising house prices, primarily driven by escalating construction costs, are having a lesser impact on potential homebuyers compared to the challenges they face in securing mortgage loans. This trend highlights the complexities of the current real estate market, where financial barriers overshadow price increases. Key Takeaways House prices are...
???? Listen to "Golf Club Shares Latest Legal Headache for PM" Your browser does not support the audio element. Political activist Ruangkrai Leekitwattana has raised concerns regarding Prime Minister Paetongtarn Shinawatra’s compliance with legal requirements after she allegedly failed to divest her shares in a golf club promptly. This situation has sparked a series of petitions...
Phuket, Thailand's largest island, is not just a tourist hotspot but also a prime location for property investment. With its beautiful beaches and lively culture, many people are keen to buy homes or investment properties here. However, choosing the right area is essential for making a wise investment. This article explores some of the best neighbourhoods in Phuket for property buyers, highlighting their...
Koh Samui is a tropical paradise that presents exciting opportunities for property investment in 2024. With its beautiful beaches, vibrant culture, and growing economy, many are considering this island as a prime location for real estate. This article will explore the current market trends, types of properties available, and key factors driving growth in the Samui property market. Whether you are a...
In a notable shift in the real estate market, second-hand condominiums in Thailand's Eastern Economic Corridor (EEC) are experiencing a surge in sales, particularly among budget-conscious buyers. This trend is attributed to the economic slowdown, which has led many to opt for more affordable housing options. Key Takeaways Increased Sales: Second-hand condo transfers rose in the EEC, particularly in Chon...
A Singapore court has charged property billionaire Ong Beng Seng with obstructing justice and abetting offences related to the case of former transport minister S. Iswaran, who was jailed for corruption. This high-profile case has raised significant concerns about governance in the city-state, known for its strict anti-corruption measures. Key Takeaways Ong Beng Seng, owner of Hotel Properties Limited,...
Phuket, a stunning island in Thailand, is not just famous for its beautiful beaches and vibrant culture, but also for its diverse property market. Whether you're looking for a holiday home, a rental investment, or a permanent residence, understanding the property prices in Phuket is essential. This article will explore the current trends, popular areas, and types of properties available, along with...
Frasers Property is making waves at the Sustainability Expo 2024 (SX2024), the largest sustainability exhibition in ASEAN, held from September 27 to October 6, 2024, at the Queen Sirikit National Convention Centre. The event emphasizes the theme "Creating Better Living for a Sustainable Future," showcasing innovative projects and expert discussions aimed at enhancing the quality of life through...
