Thailand is set to introduce a substantial 55 billion baht (approximately $1.66 billion) in soft loans aimed at revitalizing its property sector and stimulating economic growth. This initiative, announced by Deputy Finance Minister Paopoom Rojanasakul, is designed to address both demand and supply within the real estate market, ensuring a comprehensive impact on the economy. Key Takeaways Loan Amount: 55...
Apple Auto Auction, a leading player in Thailand's auto auction market, is set to expand its horizons by launching an online real estate auction in partnership with MBK Asset Solution Co., Ltd. This collaboration aims to provide consumers with access to prime properties, enhancing the auction experience for both buyers and sellers. Key Takeaways Auction Dates: November 8-10, 2024 Properties Available:...
Watch This Episode: Our Phuket Real Estate Podcast Our podcast covers all the topics for property investors looking at buying real estate in Thailand. Koh Samui, a beautiful island in Thailand, is becoming a popular choice for people looking to invest in property. With its stunning scenery, growing economy, and vibrant culture, it offers many opportunities. However, there are also...
RML (Raimon Land) has officially launched 'THE 528 ESTATE' Curated with Baccarat, an ultra-luxury estate development in Sukhumvit 28, valued at over 4 billion baht (approximately USD 120 million). This exclusive project features a home decor collection by Baccarat, a prestigious French luxury brand known for its exquisite craftsmanship. RML has partnered with List Sotheby's International Realty Thailand to...
Finding a trustworthy real estate agent in Phuket can be a daunting task, especially for first-time buyers. With so many options available, it’s essential to know what to look for to ensure you make the right choice. This guide will help you understand how to identify a reliable agent who can assist you in navigating the property market in this beautiful island. Key Takeaways Look for agents with solid...
Buying property in Koh Samui can be an exciting venture, but it comes with its own set of legal requirements and considerations. Understanding the rules that govern property ownership, especially for foreigners, is crucial. This guide will walk you through the essential legal aspects you need to know before making a purchase. Key Takeaways Foreigners cannot own land in Thailand directly, but there are...
One Asset Management (ONEAM) is gearing up to introduce Thai Industrial Real Estate Investment Trust (TIREIT) units to general investors, aiming to capitalize on the evolving investment landscape as high interest rates recede. The offering is scheduled from October 7 to 18, 2023, according to CEO Pote Harinasuta. Key Takeaways TIREIT units will be available for general investors from October 7-18. The...
Sansiri, a leading property developer in Thailand, is expressing strong optimism regarding the future of the Phuket property market. With plans to launch new residential projects exceeding 10 billion baht, the company aims to significantly increase its revenue from this vibrant market, driven by both local and foreign buyers. Key Takeaways Sansiri plans to launch new residential projects worth over 10...
At a serene coastal haven in Southern Thailand, Banyan Tree Residences Sichon hosted the highly anticipated event, 'Luxury in Motion,' in collaboration with Mercedes-Benz. This exclusive gathering welcomed select potential buyers, real estate experts, and premium lifestyle enthusiasts, offering a first-hand experience of true beachfront luxury living. Key Takeaways Exclusive Event: The event showcased the...
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,...
