Sansiri has increased its condo transfer target by 15% to 12 Billion baht by the end of the year. This came as a result of its performance in the past eight months exceeding expectations. Sales of ready-to-move-in units were the biggest contributors to Sansiri's performance.
In the meantime, Sansiri plans to launch 9-10 condo projects worth 15.6 billion baht in total. From this, the company hopes to generate 9 billion baht in presales
'Free Visa' Policy should benefit Thai Condo market
Property DNA's managing director, Mr. Surachet Kongcheep, said the Free Visa policy should benefit Thailand's tourism industry. The policy will also help attract Chinese tourists back to Thailand once more. There was a surge in Chinese tourists in Thailand from January to July. With that in mind, the total number could reach 5 million by the end of the year. Despite weak performance in China, Chinese investors are still interested in Thai properties.
Bangkok Housing Market Expected to continue Shrinking this year
According to Kasikorn Bank Research Center's report, limited housing demand will last for the rest of 2023. The report also stated that there could be a 7.8% sales reduction in Bangkok and its suburbs. There has been a downward trend in housing sales since the beginning of the year.
Despite the return of foreigners buying condo units. There was also a fee and mortgage reduction for homes under 3 million baht.
Think Of Living to Host 'Living Expo 2023' Housing Exhibition
Think of Living will host a housing exhibition under the name of 'Living Expo 2023' in November. The exhibition will show high and low-rise projects near the sky train system. The event aims to showcase all the steps needed in a home-buying journey. The event will also offer a financial consultation zone for visitors. In this zone, visitors can get financial counseling and loan advice from banks.
You may have heard of famous places like bustling Bangkok and the stunning beaches of Phuket. But today, we're gonna be uncovering Thailand's underrated treasures. These are the secret spots that few tourists know about due to the popularity of other areas. Get ready to witness these lesser-known places in Thailand. Let's jump right in and discover five places you might not have heard of but definitely should!
Lad Phrao
Lad Phrao is a main road in Thailand. While named as such, Lad Phrao road doesn't actually run through the district of the same name. Landmarks include Central Ladprao, Lat Prao Square, and Union Mall in Chatuchak District. In the way of transportation, Lad Phrao allows access to the MRT Yellow Line system.
Krung Thonburi road is where the BTS Skytrain station of the same name is. The BTS Krung Thonburi station is on the Silom Line in Khlong San District. BTS Krung Thonburi was the first of Bangkok's rapid transit system on the west bank of the Chao Phraya River. With BTS Krung Thonburi station, you can interchange with the gold monorail line. This will give you access to popular shopping mall ICONSIAM.
Huai Khwang is one of 50 districts in Bangkok. Some of its neighboring districts include Chatuchak, Bangkapi, Watthana, and Din Daeng. In the present, Huai Kwang has garnered significant interest among the Chinese. This led to Huai Khwang becoming known as "New Chinatown".
Pak Kret is a district in Nonthaburi's northeastern part. Pak Kret borders the Lat Lum Kaeo and Mueng Pathum Thani districts in Pathum Thani. Also bordering are Don Mueng and Lak Si, followed by Mueng Nonthaburi and Bang Bua Thong. Pak Kret is also one of the most populous city municipality in Thailand.
Phatthanakan is a sub-district of Suan Luang district. Its neighboring districts include Bangkapi, Huai Khwang, Prawet, and Watthana districts. Amenities include Samitivej Srinakarin hospital, Thanya Park, and The Nine Center Rama 9.
In closing, Thailand's underrated treasures are waiting for you. Beyond the cities and beaches, there's a myriad of undiscovered beauty and charm. Remember that the Land of Smiles has so much more to offer than meets the eye. Set out on your journey, and uncover Thailand's underrated gems. Happy travels!
Whether you're looking for more underrated locations or well-known ones, let us be your helping hand in searching for your place to call home!
Imagine owning property in Thailand. A stunning beachfront villa or an urban oasis in bustling Bangkok. The thought alone can whisk you away to a world of tropical beauty and serene landscapes. But before you begin, there are tips you need to know to ensure smooth transactions.
In this blog post, we'll guide you through the dos and don'ts. That way, you can avoid common mistakes that can turn your property dream into a nightmare. So, fasten your seatbelts and get ready to steer clear of those real estate traps. Let's embark on a journey to make your Thai property ownership dreams come true!
Buying without help from a Real Estate Agent
A mistake to avoid in Thai property Transactions: Buying without Real Estate Agent help
One mistake to avoid in a Thai property transaction is trying to buy without help from a real estate agent. It might seem like a way to save money, but it can lead to problems. Real estate agents know the market, the legal rules, and can protect you from bad deals. Without their help, you could end up in a tricky situation. So, it's smarter to have their guidance to make sure everything goes well.
Before you begin, it's essential to examine the title deed recorded at the Land Department. This step ensures the seller has a clear and legal title to the land. It also protects you from future legal and financial issues.
The title search traces the land's history and checks for what can affect your ownership. These factors include liens, leases, or mortgages. It also confirms zoning, environmental rules, and planning codes in the area. This helps avoid building height restrictions that could impact your investment worthless. Skipping this could affect your property ownership in Thailand.
A mistake to avoid in Thai property Transactions: Choosing only based on Price
We understand that you may be on a budget and might not be able to afford this property or that property. But take a second to think, do you think THIS price point is gonna be worth it? How are you sure you'll get what you paid for? Sure, there may be discounts or clearance sales in some cases. If that's the case, you lucked out. In most cases, though, low prices may raise eyebrows on scamming suspicions. Before you buy, check to make sure the seller is reliable and the platform is reputable.
While it may seem like a way to save money, it's not a good idea to proceed with buying property without help from a lawyer. Contracts in Thailand may not match international standards you're used to. A lawyer knows how to protect you from situations and making sure everything goes well. Otherwise, you could end up in a tough spot. So, it's better to have a lawyer by your side to make sure everything goes according to your plans.
Not doing as much research as you should
A mistake to avoid in Thai property Transactions: Not doing as much research as you should
Aside from examining the title deed in detail, be sure to conduct a thorough research on the property. What could make or break any property buying goals is how much you do your research before buying. Look for factors such as market and pricing trends, and what contributes to those prices. It's also a good idea to check with previous buyers of the project you're interested in to see what they think.
A common mistake to avoid when buying property in Thailand is rushing to put down a deposit too soon. It might be tempting to secure the property fast. But, taking your time to research and understand the deal is crucial. Deposits can be challenging to recover if you change your mind or discover issues later. So, gather all necessary information, and consult experts before buying.
Neglecting Extra Costs
A mistake to avoid in Thai property Transactions: Neglecting extra Costs
It's not only about the property and its price. There are further expenses like property taxes, maintenance fees, and utility costs. These added expenses can affect your budget in one way or another. Failing to pay these expenses can cause financial strain and stress you out. To make an informed decision, consider the costs associated with your property investment.
Neglecting Zoning Regulations
A common mistake to avoid is neglecting zoning regulations. Zoning regulations are there to determine what you can and cannot do with your property. This includes factors like building height or land use restrictions. Overlooking these rules might lead to costly surprises. This is especially the case if you plan to build your dream home. Make sure to familiarize yourself with the different zoning regulations.
Neglecting Property Inspection
A mistake to avoid in Thai property Transactions: Neglecting Property Inspection
A common mistake to avoid is skipping a property inspection. This means not having an expert check the property's condition. It may seem like a time-saver, but it can lead to problems like structural issues or repairs you didn't expect. Having a property inspection is like giving your new home a check-up to make sure everything is okay. So, don't forget this crucial step to ensure your new property is in good shape.
A common mistake to avoid when buying property in Thailand is having a bad credit history. This means you've had history with not paying loans or the rent on time. In Thailand, having a good credit history is important when it comes to getting a mortgage or a property. So, manage your finances before you start looking for that dream property. That way, the landlord or project owner can trust you when it comes to common area fees or taxes.
Take your time, Know yourself, Steer clear of these pitfalls!
In closing, buying property in Thailand is not without its challenges. Always do your homework and take your time to ensure your investment is worthwhile. With the right precautions, your Thai property journey can be exciting and rewarding. Happy property hunting!
Ensure you get what you paid for and rest easy knowing your investment is worthwhile. Get in touch with us today to begin making your next move!
When it comes to finding a home these days, some might consider "condominiums" their top choice. Meanwhile, those with more money might consider a "detached house" due to space. Both of these options have their advantages and are good choices. But, at the same time, "townhomes" have become more popular. This is the case among millennials who want a place to live that can also work for their future business plans.
Choosing the right place to live is a big decision that needs careful thought. Today, we will delve into why townhomes are a great option and what to consider before buying.
What are Townhomes?
A townhome is a modern-style home with more space inside and a layout that's like a detached house. Townhomes usually have 2-3 floors with nice inclusions. These could include a swimming pool and a fitness center.
What's cool about calling it a "townhome" is that it sounds cozy and warm, like a real home where people live in peace. Townhomes are kind of like a mix between a regular house and a condo.
The Highlights of Townhomes
Cheaper than Detached Houses
One major advantage of townhomes is their affordability. Townhomes are usually cheaper than detached houses in the same neighborhood. For instance, if a detached house costs 5 baht dollars, a townhome in the same area might only be around 2 to 3 million. This means you can save a lot of money. You can then use that money for decorating your home or keeping it as a safety net for emergencies.
You own both the land AND the house
Another advantage of townhomes, unlike condos, is that you own the whole property and the land it's on. When you buy a condo, you only own the unit itself. The good thing about owning the land is that if land prices go up, the value of your townhome will also go up.
Personal Parking Area
Another important thing to think about when buying a condo or a house is parking. In condos, you'll have specific parking spots, but you'll usually share them with others. This can sometimes result in car damage. On the flip side, townhomes offer two private parking spots right in front of your home. It's easy, safe, and very private.
Complete Ventilation
To enjoy this advantage, the townhome should be in the middle of the community. If it's on the edge, you won't get these benefits. Being in the middle means that the side walls won't get direct sunlight. This stops the house from getting too hot during the day and night. Also, if you have a garden in the front or back, it can make your living space feel fresher and more comfortable.
Another unique advantage of townhomes is their versatility. They can serve various purposes within one home. Some people might use the lower floor as a store or run a business, while the upper floors remain for living. Others might turn it into a home office. It's like buying a townhome opens up many possibilities for how you can use it.
Rooms can be rented out separately
These days, the business of renting out unused rooms in homes have become more popular. This is due to the rise in backpacker-style travel, which is more affordable than hotel stays. Townhomes have many bedrooms and floors. This can be a great option for renting out spare rooms and earning extra income when they are not in use.
Easy Care and Maintenance
Since townhomes aren't as big as detached houses, the space can seem limited. This might appear as a drawback, but in reality, it can also be an advantage. You can make the most of every inch of space inside, reducing the extra space that needs maintenance. For example, there's no need to clean unused rooms or maintain a large front lawn that often.
Close Proximity to Neighbors
Another charming aspect of townhomes is that they share walls with neighboring homes. Plus, you can see your neighbors daily because of the little to no dividing fences. While there might not be a yard like detached homes, this makes it easier to get to know your neighbors.
What to consider before a townhome purchase
Townhomes are a smart choice for modern living and have some perks for millennials. But remember, buying one is a big investment. Before making your decision, take your time and think about these important factors.
There's a difference between Townhomes and Townhouses
While it might not be clear, there are differences between townhomes and townhouses. Townhomes are usually part of a group of houses in a project, not stand-alone homes. They tend to be bigger, have common areas and more extras, and usually give you more space to live in. When you're thinking about buying one, think about whether it suits townhome living. And remember, owning a townhome often costs more than a townhouse, so make sure it matches what you need and like.
Clarify your purpose: Residency? Work?
As mentioned before, today's townhomes aren't only for living. They can also serve as offices or workspaces. Let's say you want to convert your townhome into a small office or start a family business. Choose a townhome that suits your workspace needs from the beginning. Don't go for a layout designed for living because it can be a hassle and more expensive to change later. Starting with a townhome that's office-ready from the start can save you money.
Width and Depth
Parking is crucial, especially if townhomes aren't close to public transportation like condos. Usually, the front yard should be at least 4 meters wide, but having more than 5 meters is better. A wider frontage means more parking space. It also allows for other activities when cars aren't there.
Also, consider the front yard's depth; 3 meters is the legal minimum, but it's only suitable for small cars. For example, your family uses larger vehicles like pickups. In that case, choose a townhome with a front yard depth of around 5 to 5.5 meters or more.
Construction Material Quality
Right now, there are lots of townhome projects happening. Some are built with precast materials, while others use traditional bricks and mortar. Precast construction can be strong, but it's important to check the material quality. This is because it can differ and cause problems later on. Also, precast homes might be less flexible for renovations than traditional homes. So, it's vital to think about which type of home suits your needs and what you want to do with it.
Amenities
When deciding to buy a townhome, it's essential to think about the shared spaces and amenities. Talk to the managers to find out what's available, like parks, pools, gyms, and security systems. Make sure the utilities like water, electricity, and waste management are well-planned. These common areas and services should meet the residents' needs. Also, check if the fees for these shared spaces match the services you'll get.
Does the location match your lifestyle preference?
You may not need public transportation nearby; but consider your location. If your home is far from amenities, it won't meet your lifestyle needs. Regardless of its size or beauty. Your neighborhood should have amenities like shopping centers and markets. This will help make daily life convenient and comfortable.
Closing Comments
You can see that townhomes have several advantages all at once. They are more affordable than detached homes. They offer greater convenience, versatility, cooler living conditions, and a friendly neighborhood atmosphere. These advantages have made them a popular choice for modern people.
It's essential to consider all aspects in detail to best meet your family's needs. If you wanna make an office, make it foster a productive atmosphere for your employees.
From offices to living, get in touch with us today to begin your next townhome move!
Welcome to Ari, where affordable elegance awaits! If you're searching for that perfect blend of luxury and budget, you're in for a treat. In this blog post, we've scoured five of Ari's vibrant condos, all available for rent at 20k or less. Yes, you read that right – you can now live the high life without breaking the bank. Join us as we unveil these hidden gems. Say goodbye to compromises and hello to Ari's affordable elegance. Your dream rental is only a scroll away!
Noble Reflex
First up we have Noble Reflex, located in Soi Phaholyothin 7 (aka Soi Ari). The project features one 20-story building along with a total of 210 units. This project also features amenities all around. These include La Villa Ari, Villa Market, along with other restaurants and cafes. You will also have access to the BTS Ari station, which is 350m away from the project. You can find this unit on the 8th floor and it comes in at 40 square meters in size.
Close to not one but two mass transit stations is Centric Ari Station. These nearby stations include the BTS Ari and MRT Kamphaeng Phet stations. This unit is on the 17th floor of the building and comes in at 33 square meters in size. You can find this project in the popular Phaya Thai district.
A perfect fit for an urban lifestyle is Noble Reform. This unit on the 19th floor of the building and it comes in at 32 square meters in size. You can find this project in the Phaya Thai district, your gateway to city accessibility. This project allows access to BTS Ari station, located only 200m away.
Located once again near BTS Ari and MRT Kamphaeng Phet is Noble Lite. You can find this unit on the 10th floor and comes in at 33 square meters in size. This project is in Phaya Thai district, where you also have access to various amenities.
Last but not least is Silk Phaholyothin 9. This project also gives you access to not one but two mass transit stations. These include, once again, BTS Ari and MRT Kamphaeng Phet stations. You can find this 79-square meter unit on the 8th floor of the project building.
We’ve shown you that luxury living in Ari doesn’t have to come with a hefty price tag. With these condos available for 20,000 baht or less, you can experience both style and savings. So, if you’re seeking a blend of comfort and cost-effectiveness, Ari has something to offer. Say yes to a life of convenience, classiness, and charm without breaking the bank. Your journey to Ari’s affordable elegance starts now – go ahead and find your dream condo!
Ari Awaits. Whether you're looking for a temporary rental or a new home purchase, we've got you covered. Get in touch with us Today!
As we steer into the era of electric vehicles (EVs), one question zaps the minds of curious drivers. How does one power up these futuristic machines? Buckle up as we delve into the world of EV charging station networks and their associated fees. Imagine charging stations spanning cities and highways, like pit stops on a racetrack. Get ready to unlock the secrets of recharging, and the costs involved. Let's charge ahead and illuminate the path to hassle-free EV charging!
What are EV Chargers
EV Chargers are chargers for electric vehicles (EVs) that provides rapid charging. These chargers entered the picture along with the growing popularity of electric vehicles. Not only are electric cars cost-effective, they are also safe as they do not cause pollution. This led to a surge in electric vehicle usage in Thailand and the rest of the world.
The Different EV Charging station Networks in Thailand
PTT's EV Station PluZ
Number of stations: As of 2022, the number of stations covered the main routes. In 2023, the total number will reach 800 stations. By 2030, the number of stations will increase to 7000 stations.
Fees: During peak hours, the price is 7.5 baht per unit, while during off-peak hours, it's 4.5 baht per unit. There is a 20 baht fee per time slot for charging reservations.
App: EV Stations PluZ
PEA Volta Charging Station
Number of stations: There are 118 stations. By this year there will be 263 stations, totaling over 1,000 charging points.
Fees: During peak hours, the price is 6.9 baht per unit, while during off-peak hours, it's 4.5 baht per unit.
App: PEA VOLTA
MEA EV
Number of stations: There are 34 stations with 138 charging points, and it will increase to 500 charging points by 2026.
Fees: 7.5 baht per unit (including Value Added Tax).
App: MEA EV
EleX by EGAT
Number of stations: 50 stations.
Fees: In gas station service areas, for a 120 kW DC charger: 7.5 baht per unit, a 22 kW AC charger: 7.5 baht per unit. In Provincial Electricity Authority (PEA) areas, for a 50 kW DC charger: 6.5 baht per unit, a 22 kW AC charger: 5.5 baht per unit.
App: EleXA
EA Anywhere
Number of stations: 500 stations as of the end of 2022.
Fees: For AC Chargers, it's 50 baht per hour, 80 baht for 2 hours, 110 baht for 3 hours, and 150 baht for 4 hours. For DC Chargers, the service rate starts at 6.50 baht, and it's 7.50 baht per kilowatt-hour (kWh).
App: EA Anywhere
SHARGE
Number of stations: There are around 600 stations as of 2022. There are also plans to expand up to 300,000 stations in 2025 and 700,000 stations in 2030.
Fees: Fast Charge electric vehicle chargers with up to 120 kilowatts are 7.5 baht per unit. For 22 kW AC Type 2 chargers, the rate is 50 baht per hour.
App: SHARGE
On-ion
Number of stations: 45 stations.
Fees: Flat rate of 60 baht per hour for charging.
App: On-ion
MG Super Charge
Number of stations: 129 stations.
Fees: Single-rate charging is 7.5 baht per unit.
App: MG iSmart
GINKA Charge Point
Number of stations: 5,000 stations.
Fees: 6.5 baht per unit.
App: GINKA
Tesla's Supercharger
Number of stations: 13 stations as of 2022.
Fees: Free only for Tesla vehicles.
Conclusion
With EV charging stations, the future of electric vehicles shines brighter than ever. Whether you're a seasoned driver or you're making the switch, the chargers are always ready for you. We're all moving forward, keeping budget, accessibility, and safety in mind. Let's move toward a sustainable future for generations to come!
Looking a temporary rental or a complete home purchase? Why not make your next move with us? Get in touch with us today!
Picture this: it's a scorching summer day, and the blazing sun is turning your home into a veritable oven. You rush inside, seeking your air conditioner, only to find it wheezing and struggling to do its job. Frustration sets in as the heat continues to invade your sanctuary.
But here's the thing: you can avoid this issue with a little TLC for your trusty air conditioner. Yes, we're talking about home air-con maintenance, and it's not only for the experts. In fact, understanding why it matters is as easy as a cool breeze on a hot day.
Join us as we uncover the reasons behind home air-con maintenance. Get ready to unlock the secrets to a more energy AND cost-effective home. Let's dive in!
Why Air-Con Maintenance Matters
Whether it's on a summer day or any other day, air-conditioning is a must for everybody. Over time, air con filters could get dusty or the pipe clogging inside may cause water leakage. Failing to maintain your air con unit can shorten its lifespan and reduce its capacity. Regular air-con maintenance also helps you save money on repairs in a long run.
Effective Cooling
Effective cooling is the meat and potatoes of any air-con. Maintenance on your air-con helps ensure that the system is functioning well. You can do maintenance on your own if it's not something too hard like cleaning out dust from your filters. Otherwise, it's a good idea to call a professional technician to do the maintenance.
Cost-Efficiency
The biggest benefit to air-con maintenance is its cost-efficiency. Sure, you may have to pay for technicians here and there, but it's better safe than sorry. It's better to pay technician fees bit by bit rather than waiting to pay more when your air-con become harder to fix. It also helps save costs for a replacement, which goes back to the extended lifespan of your air-con.
Extended Lifespan
Air-con maintenance allows for extended lifespan. This eliminates you of the need for a complete AC unit replacement. Over time, the AC may gather up dust and dirt. The grime buildup will wear down its components, causing breakdowns and shorter lifespan. Regular cleaning or inspection will help prevent the buildup to ensure proper functioning.
Energy Efficiency
Regular air-con maintenance allows for improved energy efficiency. This will allow you to save money on your electricity bills. Without proper maintenance, your AC's might wear down over time due to grime buildup. The worn down cooling of your AC will also cause more energy consumption and higher costs as a whole.
Improved Air Quality
Because the air-con will gather up dirt and grime over time, it can also impact your home's air quality. The dust and grime gathered up inside and vented out via your AC could cause allergies and harm your health. To maintain healthy air quality, be sure to open up your AC unit and clean out the filters every once in a while. By doing so, you ensure healthy air quality and protect yourself from allergies.
Reduced Humidity
Air-con maintenance can help with removing excess moisture. Humidity can lead to mold growth, musty odors, and other problems. The mold growth due to excess moisture can also lead to health problems or the system wearing down. By cleaning up the air con filters on a regular basis, you not only clean off excess grime buildup. You also clean off any potential mold buildup from excess moisture.
How often should you do Air-Con Maintenance?
Air conditioner technicians often recommend cleaning the air conditioner every 6 months. When used for 3 - 6 months, you may notice dust accumulating on the fan, preventing efficient airflow. Thus, it's recommended that you clean the air conditioner every 6 months or twice a year. Yet, some homes may feel the need to clean it even sooner. The urgency could depend on usage frequency and living conditions.
Beat the Heat, Safely and Healthily!
In conclusion, it's crystal clear why home air-con maintenance matters. It's about keeping your cool and staying healthy! Regular maintenance isn't only about comfort; it's a safety net for your well-being. Clean filters mean cleaner air, reducing the risk of allergies and respiratory issues. Plus, well-maintained air conditioners are less likely to cause electrical problems or overheating. So, remember, a little TLC for your AC goes a long way in beating the heat while keeping your health and safety in check. Stay cool and take care!
Stay Cool and Healthy in our selection of properties, both available for sale and rent. Get in touch with us today!
In real estate, besides knowing projects, there's more – land and title deeds. It's not only what's written inside, but also the colors used that matter. You might wonder: Why do the Garuda emblems come in different colors?
Well, today, PropertyScout is going to help you color-code these documents. What's in it? Let's dive in and find out!
The Biggest Questions
Before we explore the colors on land title deeds, let's understand what they are all about. Find out what this is, how important it is when buying or selling property today, and how having one can be helpful. Let's begin!
What they are
A land title deed is an official paper that proves you own a piece of land. The government gives it out, and it has a special symbol on it. This paper follows today's land laws and might show a map, special notes, and approvals for using the land. Even if the paper follows old laws, the owner still owns the land.
When you have full ownership, you can control the land, sell it, or stop unauthorized usage.
Characteristics
When we want to figure out which paper is a land title, it's not only about written content and usage. Its basic characteristics matter too. So, let's see what every land title paper should have.
Size: 24 X 36 cm.
The paper is yellowish in color and has a unique pattern.
There's a signature and an official stamp from an officer.
The backside has the land ownership history & an official's signature.
When you shine a light on the title, you'll see the official emblem surrounded by a circle. It says "Department of Land, Ministry of Thailand."
Why this Matters
The next question is why the Land Title Deed Matters. This paper helps us keep our benefits and rights to the land we own safe. It also tells us who the real owner is. Knowing the owner is super useful, especially when you're buying or selling. It's not about the land; it's also about any buildings or stuff on it.
The Benefits
Shows proof of legal land ownership along with proof of identity verification.
Solidified proof of ownership for landowners.
Used as evidence to establish rights, both for government and private purposes.
Provides location details, boundaries, and individual plot sizes.
Prevents issues of unauthorized land expansion (reserved zones, conservation areas, and public lands in particular).
Used as evidence to resolve disputes, disagreements, or claims over land rights.
Serves as proof of assets or collateral for loan applications.
Serves as collateral for guaranteeing loans.
Provides a stable economic foundation, leading to reduced production costs.
Fosters a sense of attachment and concern for one's land, motivating improvement and development efforts for maximum benefits.
Checking land papers for land with title deeds is quick and helpful for selling, transferring, or paying for land, except inheritance.
Doing legal stuff with land that has title deeds or use certificates.
For legalities like buying, swapping, mortgaging, or selling with special conditions, you need the deed to register with the land office where the land is.
For legal things with land that has use certificates (like Nor. Sor. 3, Nor. Sor. 3 Gor, Nor. Sor. 3 Kor), you need to register at the district land office where the land is. This follows the law, unless the district officer's power for registration and legal stuff gets canceled. Then, you must register at the land office where the land is.
What to be Aware of
While these important documents help show land ownership and protect benefits, rules exist. If you keep a land title for over 10 years, or a use certificate for 5 years, the land might become government property. If someone uses your land without an agreement for over 10 years, they could gain rights to it too.
Types of Land Title Deeds
Now, let's talk about the different kinds of land titles. It's not only one or two types, but a bunch of them. There are different types and even colors for distinction. Here's how we can break them down:
Red Garuda Deeds
Red Garuda Deeds, or Nor. Sor. 4 (นส.4 ), are all about direct owner sales. They have a clear photo of the land from the sky. With this title, owners can do things on their own, like buying, selling, transferring, and more. It's super valuable because of the rights it offers.
We can tell its age by the last letter in its code. If it's "ก" (ghor), it's the oldest. The new one ends with "จ" (jhor), like "น.ส.4 จ." (Nor. Sor. 4. Jhor.).
For this title, if you do a transaction, you need to register it at the local land office. If not, the deal doesn't count.
Age of Title: 10 years
Nature of Ownership: Buying, selling, transferring at ease.
Caution: If someone occupies the land for 10+ years, without concealment, they might gain rights to the land after a 10-year period.
Green Garuda Deeds
Green Garuda Deeds, also known as Nor. Sor. 3 Gor (น.ส.3 ก), are certificates of use. They signify that this document demonstrates the ownership rights over the land for beneficial purposes. It includes a clear aerial photograph, similar to Nor. Sor. 4 or Red Title Deeds. The main difference between the red and green versions is that while the red title allows leaving the land vacant, the green title requires using the land for beneficial purposes.
With Nor. Sor. 3 Gor, you can buy, sell, transfer, and mortgage, including with banks. Once the land gets surveyed, owners can request this title without waiting for the 30-day public announcement. It certifies ownership rights but not full ownership.
The transfer document comes in three forms: Nor. Sor. 3 (น.ส. 3), Nor. Sor. 3 Gor (น.ส. 3 ก), and Form No. 3 (which is no longer issued).
These types of titles are not actual land titles until you submit them to the land office.
Age of Title: Unspecified
Nature of Ownership: Can possess for beneficial use without full ownership rights and you can buy, sell, and mortgage without requiring public announcement.
Caution: May get claimed by others if possessed for over 1 year.
Notes
Property owners can ask to switch their rights document to a Nor. Sor. 4 title. This involves submitting a request at the local land office, and it won't cost anything. Once the boundaries are verified, you can get the title without waiting for 30 days. Later on, Red and Green Title Deeds will be given out, and the Green ones will be canceled.
Black Garuda Deeds
Black Garuda Deeds, also known as Nor. Sor. 3 or Nor. Sor. 3 Kor (น.ส. 3/น.ส. 3 ข), are quite like Dark Red Title Deeds or Nor. Sor. 3 Kor. But, the main difference is that these titles don't include clear aerial photos. Instead, they only provide a basic outline of the land's shape, size, and boundaries. The map they include might not be very accurate due to the materials available in that area.
Like the other types, you can use Black Garuda Deeds to apply for a land title. But here's the catch: you'll need land surveyors to assess the land and put up notices about it for 30 days. If nobody contests your ownership at that time, you can move ahead with the application. Once you get the title, you can use it for buying, selling, and even mortgaging the land.
These types of titles are not actual land titles until you submit them to the land office.
Age of Title: Unspecified
Nature of Ownership: Owning without ownership rights. You can buy, sell, and mortgage without the need for public announcement.
Caution: May get claimed by others if possessed for over 1 year.
Differences between Nor Sor 3 Gor (Green Garuda) and Nor Sor 3 (Black Garuda):
Nor Sor 3 Gor (Green Garuda)
Nor Sor 3 (Black Garuda)
Issuer
Land Officials
District Chief
In the case of issuing
You can request instantly
You need to survey and post notices for 30 days.
What is used for measuring
Aerial Photography
Surroundings
Purpose
Only for benefits
Only benefits
Blue/Red Garuda Deeds
Blue-Red Garuda Title Deeds, also called Nor. Sor. Kor 4-01 (ส.ป.ก.4-01), are papers that let people farm in a specific area. But, only farmers can have this title. People with this title can't say they own the land, can't get land papers, and can't buy or sell land. They can't let other people have the rights. This is unless they want to pass it down to their family when they're not around anymore. And that family can only use it for farming.
These papers are from the Land Reform for Agriculture Office (LRAO). This is to help people do farming in that area only.
*State-owned land titles that grant rights to the public for agricultural activities.
Age of Title: Unspecified due to inability to contest ownership.
Nature of Ownership: Granted rights include leasing, lease-purchasing, long-term renting, and agricultural use. Owners can transfer, divide, and pass down these rights as inheritance. Forbidden are selling, mortgaging, and utilizing the land for purposes other than agriculture.
Caution: Be sure to distinguish between the Blue-Red Garuda Title Deeds (Nor. Sor. Kor 4-01) and Nor. Sor. 4 title documents.
Differences between Blue-Red Garuda Title Deeds (Nor. Sor. Kor 4-01) and Nor. Sor. 4 title documents
Red Title Deeds, Nor. Sor. 4
Blue-Red Garuda Title Deeds, Sor.Por.Kor 4-01
Main Title
Land Title Deed
Land Development Permit
Differences between the four types of Title Deeds
Red Garuda Title Deed
Green Garuda Title Deed
Black Garuda Title Deed
Blue-Red Garuda Title Deed
Issuer
Department of Lands
Land Officer
District Chief
Land Reform for Agriculture Office (LRAO)
In case of issuing
Instant issuing
Instant issuing
You need to survey and post notices for 30 days.
Can't be issued
Measuring
Aerial Photography
Aerial Photography
Surroundings
No land surveying
Purpose
Up to the owner
Beneficial use only
Beneficial use only
Agricultural use
Main title
Land title deed
Certificate of Benefit Utilization
Certificate of Benefit Utilization
Authorization Letter for Entering Land Development Zone
Buying/Selling
Yes
Yes
Yes
No
Mortgaging
Yes
Yes
Yes
No
Closing Comments
Land titles are not only for ownership but also exist in different types. These include emblem colors and names. From Red Garuda for public use to Blue Garuda for agriculture, each type has unique features. The distinctions go further, varying in how to request and their purpose.
Before buying land, think about its type, purpose, and protections against conflicts. Also consider legal matters, and finances. It ensures proper property transactions. We hope this post helped. More articles to come. If you find interesting topics, PropertyScout will provide information. Goodbye and see you next time!
Welcome to a world of affordable elegance in the heart of Sathorn! Today, we'll show you condos that allow for luxurious living without breaking the bank. Yes, you read that right – we're talking about renting top-notch Sathorn condos for 20,000 Baht or less! Whether you're a student or anyone seeking a taste of the high life on a budget, we've got you covered. Let's dive in!
Sathorn Gardens
Situated nearby BTS Sala Daeng and MRT Silom stations is Sathorn Gardens. This unit is on the 11th floor and comes in at 39 square meters in size. The unit features items such as the TV and cookware along with one bedroom and bathroom. The unit also includes a balcony for you to get a view of the city. And if you need a relaxing swim after a hard day's work, the project's swimming pool has you covered!
Nearby BTS Saphan Taksin and MRT Samyan stations is Rhythm Sathorn. This unit is on the 33rd floor and comes in at 35 square meters. Here in this 1-bed/1-bath unit, you get the basics such as the TV, the fridge, and the microwave. The project also offers a relaxing swimming pool and garden. So, if you ever need to stop and smell the roses after a hard day's work, Rhythm Sathorn's got you covered!
Giving access to BTS St. Louise and MRT Silom stations is Knightsbridge Prime Sathorn. This fully-furnished 1-bed/1-bath unit comes in at 25 square meters in size. Found on the 16th floor, this unit offers all you'd need with basics such as the TV and refrigerator. The project also offers facilities such as the swimming pool, gym, library, and much more!
Here we have The Seed Mingle Sathorn-Suanplu. Located in Sathon, you'll have access to BTS Sala Daeng and near MRT Lumphini. This fully-furnished 1-bed/1-bath unit comes in at 46 square meters in size. Need a little relaxing time after a hard day's work? This project also offers not only a swimming pool but also a sauna!
Last but not least is Ivy Sathorn 10. This project not only gives you access to BTS St. Louise but also MRT Samyan station. You can find this 39-square meter unit from the 21st all the way to the 50th floor. Each unit features the basics from the TV and fridge to the microwave and balcony. This project also allows you to relax with its swimming pool and private garden!
And there you have it – a world of upscale living within your budget right here in Sathorn! These condos prove that you don't have to spend a fortune to experience luxury and comfort. Embrace the art of living luxe for less and make your Sathorn story a true masterpiece. Time to unlock the door to your chic, affordable sanctuary!
Looking to live large in the hustle and bustle of Sathorn? Begin your next move with us!
Challenges Abound in Implementing Transit-Adjacent Development
Developers are having issues with transit-oriented development (TOD). This is due to regulation limits and government agencies not collaborating. The President of the Thai Real Estate Association, Mr. Pornarit Chounchaisit, discussed the problem. He said the land expropriation act makes TOD projects difficult.
Cabinet Approves Enhanced Fire Safety Criteria for Tall and Large Building Construction
The approved ministerial regulation aims to enhance fire safety in buildings. Structural and equipment components must meet health, safety, and environmental standards. These standards should elevate disaster safety standards, and ensure building safety for occupants.
National Housing Authority hosting 2023 housing exhibition
Mr. Taweepong Wichaidit, leading the National Housing Authority (NHA), is hosting a housing exhibition. It lasts from August 1st to 3rd at NHA headquarters and regional offices nationwide. This exhibition aims to make it easier for the public to learn about housing projects. This is the case whether they are already built, or currently under construction.
Suraschet Kongchep, the Managing Director of Property DNA, discussed Chinese developer Country Garden. In 2020, it ranked first globally with a staggering revenue of 2.461 trillion Thai Baht. But, since 2020, the company has faced financial issues due to China's Zero Covid policy. Country Garden disclosed potential bond repayment issues to the Shenzhen Stock Exchange. This has raised concerns in China's financial and real estate sector. Alarm bells were also raised for Thai developers who rely on Chinese customers.
Meanwhile, Baania has reported a surge in online listings for second-hand houses and condos. From Baania Marketplace, the housing market is growing due to the improved economy. Positive factors include slowed inflation along with reduced fuel and construction material costs. But, despite these positive signs, political concerns remain. Uncertainty from the election continues to be a factor affecting real estate business growth.
Mr. Sitthipen Sittathipong, Assistant Director of the Real Estate Information Center (REIC), spoke at the firm's seminar about mixed-use projects. He said that there are now 126 mixed-use projects in Bangkok and its suburbs. He also said that between this year and 2027, up to 16 mixed-use projects could launch. This includes One Bangkok, The Forestias, and many others.
