Thailand Real Estate News

State Speeds Up Urban Planning for a Beautiful, Livable, and Safe City Mr. Songsak Thongsri, Deputy Minister at the Ministry of Interior, is making city planning faster for better land use. This plan is helping with problems like floods and drought along with safety. Examples include stopping community flooding, building…

Thai Cabinet agrees to 24-Hour Entertainment Venues in EEC Provinces to Boost Tourism and Local Economies On Tuesday 18th, the Thai Cabinet approved the Interior Ministry’s proposal to permit 24-hour operations for entertainment venues in Chonburi, Chachoengsao, and Rayong, the three provinces situated in the Eastern Economic Corridor (EEC). According…

Ashton Asoke will not face demolition, according to the BMA Bangkok Governor, Mr. Chadchart Sittipunt, announced that the Ashton Asoke condominium will not face demolition, despite the developer’s obligation to reapply for a construction permit within 30 days. The decision was revealed during a press conference held on Thursday, attended…

Smart Park Industrial Project Unveils Ambitious Plan to Drastically Reduce Carbon Footprint Mr. Wiras Amrapan, the Director of Thailand’s Industrial Estate Authority, has unveiled an array of innovative carbon reduction strategies for the Smart Park industrial park during its construction phase. Designed as a cutting-edge facility, Smart Park incorporates advanced…

Sansiri Achieves Impressive 37% Sales Growth in the first half of 2023 Property developer Sansiri has announced a remarkable sales growth of 37% in the first half of 2023, totaling an impressive 25 billion baht. This surge in sales, compared to the previous year’s figure of 18.3 billion baht, showcases…

Signs of Recovery Emerge for Shopping Centers, Luxury Condos, and Hotels in Bangkok Luxury condominiums in Bangkok are witnessing a notable resurgence, as highlighted by Mr. Michael Glancy, the managing director of real estate firm JLL. This positive trend can be attributed to a growing interest from Thai buyers, who…

The latest update as of June 15, 2023. It has been over two decades since the birth of Bangkok’s sky train system, which has undoubtedly become the city’s beloved public transportation mode. Renowned for its unparalleled time management and the notable reduction in private vehicle fuel costs, it continues to…

Enrich Predicts Surge in Demand for Luxury Projects in Second Half of the Year In a recent statement, Ms. Supicha Natsuwannaphong, Director of Business Administration at Enrich Group, highlighted the positive outlook for the real estate market in the second half of the year. The market is experiencing a notable…

Raimon Land Unveils OCC, an Exquisite Luxury Office Building Raimon Land, in partnership with Mitsubishi Estate, has unveiled OCC, a prestigious luxury office building situated in the sought-after Ploenchit area. Built under the concept of ‘REIMAGINE YOUR WORLD,’ OCC seamlessly combines business and lifestyle amenities, promising an exceptional experience for…

Rapid Surge in Land Prices along Yellow & Pink Sky Train Lines The price of land along Ladprao Road, home to the yellow sky train line in Bangkok, has been consistently rising, reaching a current range of 200,000 to 800,000 baht per square yard. A similar trend can be seen…