Thailand Real Estate News

Thai Condo Market on the rise as Foreigners Transfer Over 3.6 Million Baht in Q3 2022 During the third quarter of 2022, transfer of Thai condos by foreigners have increased by 6.9%, far exceeding 3.6 million baht. As for the top 3 countries with foreign transfer of Thai properties, China…

The Cabinet of Thailand Welcomes the New Year with reduction of land taxes as well as transfer & mortgage fees In preparation for the New Year, the Cabinet of Thailand has officially approved 5 measures to alleviate the financial burden on citizens. These two main breaks are proposed via a…

Citizens gain complete land ownership thanks to widespread land title deed distribution In an effort to improve citizens’ livelihood as well as supporting legal land ownership throughout Thailand, the Department of Lands has issued up to 52,000 title deeds for the entirety of the country. The purpose of the complete…

2022 Property Trends Revealed: What draws their attention most? Whether it’s houses or condos, according to TerraBKK’s research on December 9th, people tend to be drawn to the likes of security, peaceful neighborhood, or pricing most when it comes to their decision-making process when choosing to buy a property. To…

Thai real estate will feel an impact with the rise in LTV Mr. Meesak Chunharakchot, president of Thai Real Estate Association, stated that the real estate sector will feel the impact of a rise in LTV after the recent Monetary Policy Committee (MPC) meeting resolved with raising the policy rate…

Administrative court ordered dismantling of “Ashton-Asoke” project in 90 days After yesterday, 24th November 2022, the administrative court ordering the case of Siam Society pentioning for the Ashton-Asoke condominium to be demolished within 90 days due to its illegal construction. Yesterday, the Central Administrative Court appointed reading the verdict regarding…

Introduction Thailand’s property ownership laws for foreigners currently remain fairly restrictive, requiring the compliance of two simple rules: Concerns from the general Thai public say a liberalization of real estate regulations could undermine the market and result in a takeover by foreigners. Many fear this shift could possibly impact local…

Tao Poon, The future of Bangkok Transportation TaoPoon, a perfect community area suitable for living  full of the transportation options such as TaoPoon Interchange Station, connecting both MRT Purple Line and MRT Blue Line, and not far from Bang Sue Central Station. This is an ideal of the future of…

PropertyScout, a PropTech startup based out of Thailand, recently announced that it has closed its US$ 5 million Series A financing led by Altara Ventures, bringing total funding to US$ 7.8 million. The round has been joined by Partech and many returning investors, among them are Hustle Fund, AngelCentral, Asymmetry…

According to a senior official, work on the high-speed train that would link Don Mueang, Suvarnabhumi, and U-Tapao airports will start in October. Kanit Sangsubhan, the secretary general of the Eastern Economic Corridor Authority, revealed that the building’s plan was presented during the EEC committee meeting on Monday. The meeting…