When contemplating the purchase of a house or condo, potential buyers mustn't overlook the significance of public utilities and Facilities in the area. Alongside factors like price, functionality, decor style, and project reliability, these amenities play a vital role. In this article, PropertyScout explores the essence of public utilities and Facilities , their impact on daily life, and how this knowledge aids in making informed property-buying decisions.

What are Public Utilities and Public Facilities?

Public Utilities

"Public Utilities" is derived from the fusion of "Public" and "Utilities," encompassing essential elements vital to our daily lives. These services, allocated by the government, are crucial for the general public, including necessities like electricity and water supply.

Public Facilities

"Public Facilities" is the amalgamation of "Public" and "Facilities," denoting supplementary amenities offered to the public. While not essential for daily use, these conveniences play a vital role in providing fundamental services for the general public, including public parks, schools, and playgrounds.

What are the essential Public Utilities?

The following are the essential public utilities every home should have.

• Electrical Systems

Electricity is the most crucial public utility today, evident from large-scale government agencies managing power plants and the daily electricity consumption. This accessibility allows everyone to connect to this public utility from anywhere. Therefore, if you want to invest in residential property for the long term and wish to know the actual population in the location you're interested in, you can assess the electricity consumption data for that area.

• Plumbing Systems

Basic services that no one can do without, the water supply system covers both consumer-oriented utilities like bathing and laundry, as well as consumer-based utilities. In Thailand, such services can currently be found only at designated public taps, not accessible everywhere.

• Phone and Internet Network

The presence of telephone lines around power poles is compelling evidence that the telephone network covers the entire area in the city. Especially in the past when landline phones were prevalent, these telephone lines were crucial. Although landline phones are rarely used nowadays, the telephone network remains essential for various organizations and office buildings that still rely on office phones.

What are the essential Public Facilities?

In addition to public utilities, public facilities are another essential service that contributes to improving the quality of residential living. These services may be operated by either the government or private entities but are under government control, making them crucial factors to consider when choosing a residential location.

During the process of selecting a location, observing which areas have comprehensive public facilities reflects the government's emphasis and the potential for future growth in the area. Public facilities come in various types, including the following:

• Service

These include various government agencies such as courts, municipal offices, post offices.

• Culture

These include museums, city halls, libraries, theaters, cultural centers.

• Education

These include daycare, schools, colleges, universities.

• Hygiene

These include health stations, health centers, hospitals.

• Recreational

These include public parks, playgrounds, and stadiums.

• Safety

These include fire stations, police stations.

Impact on Life

In the eyes of property developers or investors, the most crucial aspect undoubtedly revolves around the "prime location," just as it holds great importance for us, the consumers. Prioritizing the location is paramount since once purchased, it may not be easy to relocate, and there is no absolute guarantee of how the area will develop in the future.

However, a well-established public utility and public facility system contributes to an improved quality of daily living for residents. These systems play a crucial role in evaluating the potential of the current location and its future growth prospects.

Location Growth

If a location demonstrates excellent management of public utilities and facilities, reflecting the emphasis from both the government and private sector, it clearly indicates the area's growth potential. For instance, a location with an underground power line system to enhance its aesthetics, making it cleaner and more visually appealing, often signifies high growth and premium property prices. Therefore, before purchasing a residential property, it is crucial to observe how public utilities and facilities are managed in the area to evaluate its growth prospects.

Enhancing Public Spaces

Public utilities and facilities are another key indicator of the quality of life for urban residents. The more accessible these facilities are, the higher the overall quality of life. For example, land near public parks in Bangkok, such as Lumpini Park, Benjakiti Park, or Chatuchak Park, often commands higher prices compared to land in other areas. This is due to the limited availability of land in the city, making it rare to find properties located close to such public facilities. Living in proximity to public utilities and services like these is considered a unique privilege.

Convenience

Regarding public utilities, public facilities, and infrastructure, particularly in transportation and mass transit, the more developed an area is, the higher the level of convenience in daily life. As evident, land located near public transportation systems, like railways, tends to be more expensive. Similarly, land situated near major roads offers greater ease of travel, but it often comes at a higher price compared to surrounding areas.

Closing Comments

In conclusion, while they may appear distant, the two critical factors discussed by PropertyScout are fundamental services that deeply affect our daily lives. They directly influence our quality of life, living convenience, and even play a substantial role in shaping future residential property prices. For anyone looking to buy a house or condo, whether for personal residence or investment, it is essential to give utmost consideration to public utilities, public services, and infrastructure. These elements should not be underestimated, as they are intricately woven into our daily routines and are vital for our overall well-being. Making informed decisions about these aspects can significantly impact our future happiness and satisfaction with our chosen living space.

If you're looking for a home or condo complete with public services and facilities, click the links below to check our expansive selection of properties throughout Thailand to make your residential or investment goals a reality!

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 walls along rivers, stronger buildings, and water and electricity services. At the same time, cities are being improved by changing their design and build. Mr. Pongrat Piromrat, who's in charge of planning and building things in the Department of Public Works and Town & Country Planning, gave these ideas.

For More Information: https://www.thansettakij.com/real-estate/572784

Bangkok Administration Gathers to Establish Committee for Revamping Building Permit Guidelines

On August 7th, leaders of the Bangkok Metropolitan Administration looked into the Ashton Asoke situation. The governor of Bangkok, Mr. Chatchart Sitthiphan, led the meeting to revise the rules for getting permits for big buildings. They talked about checking the current information and steps. They also shared updates about how the situation is going, including how the Metropolitan Public Works Office told Ananda about the court's choice on August 4th. They also told the district office to follow what the court said. Soon, the district office will help with new permit requests using Article 41. The ongoing process remains in question.

For More Information: https://www.thansettakij.com/real-estate/572808

Condo Court Ruling Could affect Financing

The situation with Ashton Asoke, in which the condominium had its construction permit revoked by court order, is a big change in how real estate works. Mr. Anuphong Assavabhokin, the leader of AP Thailand, mentioned that this has made banks more careful about giving money to real estate companies. As a consequence, acquiring loans, as well as the issuing of debt instruments could become more challenging.

For More Information: https://www.bangkokpost.com/business/investment/2627293/condo-ruling-could-affect-financing

Q2/2023 Land Price Update: Monorail-Adjacent Areas with the Highest Price Surge

On August 7th, Mr. Vichai Wiratkapan, the acting director of the Real Estate Information Center (REIC), revealed the top 5 areas next to monorail lines that have experienced the biggest price hikes. Leading the list is the Bang Plee-Bang Bo-Bang Saothong area with an impressive 54.9% surge in prices. Next up is the Samut Sakhon region, which saw a rise of 26.1%. The Pathum Thani-Lat Lhumkaew-Sam Khok sector secured third place with a commendable 17.6% increase. Not far behind, the Rat Bhurana-Bang Khuntien-Thung Khru-Bang Bhon-Chom Thong zone recorded a 17.5% escalation. Rounding up the top 5 list is the Samut Phrakan-Phra Phadaeng-Phra Samutchedi area, which experienced a modest price increase of only 11.4%.

For More Information: https://www.prachachat.net/property/news-1364232

AREA Breaks Silence: Sansiri purchased expensive land? Will it affect shareholders?

Addressing the recent concern, Dr. Sophon Pornchokchai, Chairman of the Agency for Real Estate Affairs Co., Ltd. (AREA), responded to queries about the perceived high cost of Sansiri's land acquisition on August 6th. In response to whether the land purchase was too expensive and whether it affected shareholders and unit investors, Dr. Sophon was unable to provide a definitive answer, suggesting consultation with relevant authorities would be better. He did, however, clarify that the land purchase does not adversely affect Sansiri's shareholders or unit investors in any manner.

For More Information: https://www.prachachat.net/property/news-1363963

Stepping into a new chapter of life can be both exhilarating and challenging, especially when it involves bidding farewell to a place that's been more than bricks and mortar—it's been your sanctuary, your canvas for countless memories. As the dust settles after selling your beloved house, you might find yourself grappling with an unexpected wave of emotions, a phenomenon better known as seller's remorse. But fear not, for this journey is not one you must navigate alone. So, let's walk hand in hand through the corridors of nostalgia, bid adieu to regrets, and emerge stronger, wiser, and ready to paint a vibrant new chapter onto the canvas of your life.

What is Seller's Remorse in Real Estate?

Seller's remorse occurs when a homeowner experiences regret following the sale of their house. Such emotions may stem from initial reluctance to part with the property, strong emotional attachments, or cherished memories associated with it. Rest assured, if you find yourself grappling with this sentiment, you're not alone—it's a common and entirely normal experience shared by many sellers.

Dealing with Seller's Remorse

Navigating seller's remorse can be a daunting task, especially for first-time sellers or those deeply attached to their former home. It's equally challenging when circumstances beyond your control, such as impending parenthood, career shifts, or personal reasons, compel you to sell. In such situations, finding solace might seem elusive. However, there are strategies to help you cope with the complex emotions of letting go. Here are some ways of managing seller's remorse and finding your way to emotional healing.

Take your time to grief

When it comes to dealing with seller's remorse after letting go of your former home, know that it might have been due to some circumstances beyond you control. Whether life changes such as unexpected job shifts, family transitions, or other factors played a role, you deserve the space and time to grieve this significant change. Taking the time to heal is not only natural but also essential for processing the emotions tied to your former house and gradually embracing the new chapter awaiting you.

Focus on your Reasons for selling

Following the sale of your beloved home, shifting your focus to the reasons that prompted the sale can be a beacon of comfort. Acknowledge that your decision came from specific needs, such as financial goals, lifestyle adjustments, or unforeseen circumstances. By recognizing the intentions behind your choice, you can guide yourself toward a perspective that honors the importance of the journey you've embarked upon, easing the burden of regret and allowing the seeds of newfound optimism to take root.

Look at the Positive side of Things

While dealing with seller's remorse, shifting to the positives of the sale can help prepare you for moving. Embrace the opportunities ready for fresh memories, the promise of new experiences, the realization of financial gains, and the chance to etch new stories onto the tapestry of your life. In recognizing the potential for growth and rejuvenation, you can transform lingering regrets into stepping stones toward a future brimming with vitality and promise.

Preserve your Memories

When dealing with seller's remorse, preserving your cherished memories can offer solace and continuity. Gather the echoes of your past within photographs, keepsakes, and mementos that bridge the emotional gap between old and new. By combining fragments of memories from your former home into your current space, you can create a harmonious blend of nostalgia and renewal, soothing the ache of letting go while weaving the threads of your history into the vibrant tapestry of your present.

Set your Goals

As you grapple with seller's remorse, think about new goals that can bring you a sense of purpose and renewal. These could be things you want to achieve, like growing as a person, working on your new home, exploring new places, or trying new things. When you set these goals and start working towards them, you're directing your energy in a positive way. This shift helps you move forward, leaving behind the sadness of letting go and planting the seeds of strength and new beginnings in your story.

Preventing feelings of Seller's Remorse

Navigating the complex landscape of selling a home comes with more than just logistical considerations—it involves emotions and attachments that can linger long after the sale. To mitigate the possibility of seller's remorse, those lingering pangs of regret that can arise post-sale, a proactive approach is essential. In this section, we'll delve into strategies that can help you preemptively address these emotions, empowering you to move forward confidently and embrace your decision with a sense of purpose and ease.

Don't rush to sell if you're not emotionally prepared

One of the key steps in preventing seller's remorse is to avoid rushing into a sale if you're not emotionally prepared. Your home holds not only financial but emotional value too. If you're still attached to the memories, haven't come to terms with letting go, or aren't ready for the change, it's advisable to take a step back. Rushing a sale without emotional readiness can increase the likelihood of regret down the line. Give yourself the time you need to adjust, detach emotionally, and ensure that you're making the decision from a place of clarity rather than haste.

Read More:

Do your Research on Market Trends

Preventing any potential seller's remorse involves researching the real estate market trends in detail. Take the time to familiarize yourself with the current state of your local real estate market and analyze property values, assess demand and supply dynamics, and examine recent sales data. With this in mind, you can price your property, make well-informed decisions, and steer clear of future regrets stemming from rushed decisions.

Read More:

Declutter and Depersonalize

To avoid later regrets, think about cleaning up and taking away personal things from your home before you sell it. This makes the house look more neutral, which helps potential buyers see themselves living there. Plus, it can help you feel less attached emotionally. When you're not so emotionally connected, it's easier to make the decision to sell and you're less likely to feel bad about it later on.

Consult a Real Estate Agent

To help prevent feeling bad later, you can ask a real estate agent for help. They know a lot about selling houses and can tell you how much your house is worth, what people are looking for, and the best ways to sell it. With their help, you can make smart choices that match what's happening in the housing market. This makes it more likely that you'll have a good sale and won't feel sorry about it later on.

Read More:

Please Take your Time

In the journey of selling a home, it's normal to feel a mix of emotions, even after the sale is done. Remember, you're not alone in this experience. It's okay to have those "home goodbye blues." By using the strategies we've explored—like giving yourself time to adjust, focusing on the positives, and seeking support when needed—you can find your way through the challenges. Every ending leads to a new beginning, and your story is no different.

As you step into your next chapter, with its new opportunities and fresh memories waiting to be made, you're not just overcoming seller's remorse; you're crafting a future full of promise and growth. So, take your time, embrace the change, and thrive ahead. Your journey is your own, and you have the strength to shape it into something beautiful.

Ready to put your property on the market? Join us on PropertyScout now and get your listing up for free – no fuss, no hassle! Click the link below to start your selling journey today!

On the hunt for your next perfect place or at least a temporary rental? Dive into our array of properties offering the best bang for your buck! Explore now and get exactly what you've paid for– your dream space at unbeatable prices!

'Tabien Baan' stands as another residential documentation. It is well-recognized by many due to personal and legal matters. Possessing a 'Tabien Baan' booklet is a must for homeowners, whether they own a house or a condo unit. Today, PropertyScout will be exploring the intricate details of Tabien Baan. These include required documents, fees, and the digital method for those unavailable.

What is Tabien Baan?

In Article 4 of the Population Registration Act B.E. 1991, Tabien Baan shows who lives in a particular house. This includes the house's ID number, the residents' names, and their personal details.

This involves the person's first and last names, ID number, gender, birthdate, and death date (if any). The registration also covers nationality, religion, where they live, parents' names, and more.

Tabien Baan Details

The following are the two parts of details in a house registration booklet

Details about the house

• The 11-digit house identification code holds significant information, particularly digits 1 to 4. They denote the registration office based on Thailand's province and district codes. Assigned digits 5-10 by the authorities are houses within that registration office. The 11th digit confirms the accuracy of the entire house identification number.
• The registration office specifies the local name. This corresponds with the first 4 digits of the house identification code.
• The address details such as the official representation of a house's location. These include including house number, village, street, sub-district, district, and province. In most cases, these details help fill out address information on various documents.
• Village name (housing project or village name).
• House name (housing project or village name).
• Type of house or condo.
• Characteristics of house or condo.
• Date of house number assignment.

Details about the residents

There are personal details about each resident in the Tabien Baan. These include name and surname, parents' names, ID number, birthdate. Also included are historical address movement and more. Note that the names listed within the house registration include two statuses. These statuses are "householder" and "resident."

Householder

"Householder" refers to who owns the house as a whole. As per the Population Registration Act B.E. 1991, the householder has to report to the registrar if needed. They can also assign this task to others:

• Birth Certificate for when a child is born and their name. The householder must add the child's name must to the household registration. The householder must notify the local registrar within 15 days (from the date of birth).
• Death Certificate for a resident's death. The householder must notify the local registrar within 24 hours ( from the time of death). The householder must also report within 24 hours of discovery of the death.
• House transfer notification for when individuals move in or out. The householder must to inform the local registrar within 15 days (from the day of moving in or out of the house).
• House Number Request for New Construction Notification. This is for a demolition of the existing house and construction for a new one. The householder must inform the local registrar within 15 days of house completion. Then, the householder can request for a house number.

Residents

Residents are individuals listed in the house registration. Regardless of which specific house they, it is their mhouseence. Each person can get registered in only one house, even if there amanyple houses or condos. Also, not every house needs to have registered residents (for those with many houses or condos).

The Required Documents in Requesting for a Tabien Baan

• "House Information Notification Form," known as Tor Ror.9 form. The local administrative unit, Village Head or Sub-district Chief, gives out the form.
• Building permit or construction certificate, which relates to construction rules. A property purchase agreement could be necessary.
• Land title deed or ownership document indicating land possession.
• ID card of the house owner, applicant, or authorized representative.
• Power of attorney, if the house owner cannot apply for house registration and needs someone else to do so. They will need an ID card, a copy owner's Tabien Baan, and signed copies in each important document set. The power of attorney document should have two witnesses who sign their acknowledgment.
• Photographs of the completed construction from four sides. These include the front, back, left, and right of the structure.

How to request for a Tabien Baan

In-Person Application

1. Submit the required documents at the registration office. In Bangkok, you can submit at the district office's registration division. In other provinces, submit at the registration section under the district office.
2. Following the submission, the registrar verifies the provided documentation. Once done, you get the house number and the Tabien Baan along with its copy.
3. The issued documents are then delivered to the applicant.
4. The process also involves registering individuals who are moving into the house.

*In case of loss or damage to existing Tabien Baan, a fee of 20 baht is applicable for reissuing the registration. For more information, contact the Department of Provincial Administration's registration management office. You can also call 1548.

Online Application

For convenience, you can also do Tabien Baan registration online.

• Download the DOPA application via the App Store for iOS and the Play Store for Android.
• Bring your ID card to submit in person. Submit at local registrar's office, or as specified by the central registrar director. This is to verify your identity through fingerprint and facial recognition. This is also to receive a Password (PIN) for app usage.
• The registering officer will verify documents and information before checking the app and selecting services.

Is the Owner's Name Necessary in the Tabien Baan?

For condominium units, it is optional to include the owner's name. But, having the owner's name on the Tabien Baan is easier for government agency transactions. Also, it benefits those who intend to sell the property. They can get exempted from specific business tax by 3.3% of the assessed value. This is as long as the owner's name has been on the Tabien Baan for over a year.

Is Condominium Registration Different from General Tabien Baan?

There is no difference between the two. Only difference the is details of the condominium registration. There is a specification of the residential address type. The classification is 'Condominium building.'

What to do in case of a house registration loss?

If you lose the Tabien Baan, you can request with the necessary documents:

The Required Documents

• Homeowner's ID Card.
• If you assign someone else on your behalf, you need the ID cards of the delegator and delegate. You also need a letter of authorization. The renewal fee for issuing a new copy is 20 Baht per copy.

Closing Comments

We hope that this article has provided value to all readers, regardless of the extent. Tabien Baan demands careful preservation for our security and well-being. For those uncertain, having this information ready will prepare you for registration. Furthermore, for added convenience, online platforms are accessible for service usage. Stay connected, as our team plans to share more helpful insights in the times ahead. Keep watch for upcoming updates!

For an excellent selection of houses or condos available both for sale and rent, along with amazing customer service as well as tips and suggestions, click the links below to get in touch with us today!

With many rounds of sales openings for houses or condos, people often feel unsure about the timing for their purchase. They seek to strike the perfect balance between getting the best value for their money and finding a property that suits their needs. What's interesting is each sales opening period presents unique advantages and alluring promotions. Today, PropertyScout will explore the advantages of buying a house or condo during the 'Grand Opening.' Let's delve into why this period holds such appeal and discover why it's a lovely choice for savvy buyers!

Better Promotions and Offers compared to Later Purchases

It is undeniable that buying a house or condo during the Grand Opening period can come with many exclusive privileges and various promotions, such as discounts and free appliances, furniture, and more. Some projects may even offer the chance to win a car. This approach aims to attract a larger customer base, making it unsurprising that many people are interested and flock to buy properties during this time.

You'll get to see the entire common area in full view and get an overall perspective

Most projects tend to open sales upon completion or nearing completion. Buyers during this period can experience the common areas, buildings, units, and ambiance. This helps determine the project's completion, design choices, authenticity, and helps with decision-making. As you can experience the true atmosphere, it simplifies the purchasing process.

Better chances in unit and floor selections

For those who decide to buy a house or condo during the Grand Opening, rest assured that you'll have more choices. With condos, you can select the preferred floor, direction (south-facing being popular), and room of your liking, making it easier to find the perfect match for your preferences and needs.

Experiencing the Common Areas

If you decide to buy a house or condo during the Grand Opening, besides being able to move in immediately, we'll also get to indulge in the luxurious new common areas, such as fitness centers, swimming pools, saunas, and more. This little advantage ensures that buying during this period offers an unparalleled experience that wouldn't be available in other times.

Potential Profits in the future

During the Grand Opening period, buyers often get better prices compared to other times since there are various special discounts available. Therefore, if you decide to sell in the future, we can be assured of a higher chance of making a substantial profit. However, it's essential not to overlook factors like location and other project-related considerations when making a decision.

Act Now During the 'Grand Opening'!

In conclusion, the 'Grand Opening' period offers an array of exciting benefits that every homebuyer should consider. From exclusive promotions and enticing discounts to the privilege of handpicking your ideal unit, this opportune moment provides a unique chance to own your dream home or condo. Not only do you get to witness the stunning common areas and fully experience the ambiance, but you also secure a competitive price and the potential for significant profits in the future.

So, why wait? Don't miss out on this golden opportunity to make a smart investment and find the perfect abode that aligns with your desires. Act now, and embark on the journey of turning your homeownership dreams into reality during the captivating 'Grand Opening' event!

Act fast on the Grand Opening period and make informed purchase decisions at the same time with PropertyScout, click the links below!

In the real estate enthusiasts and property investors' community, the term CBD is a familiar one, representing the central business districts and pivotal areas in Bangkok. With the city's continuous growth, new CBD areas have been emerging to accommodate the expansion. However, in this article, PropertyScout aims to introduce another important term, EBD, that might not be as widely known. Let's shed some light on EBD, which is equally significant as CBD. We'll explore its outstanding investment potential and its role in conducting successful business ventures. So, let's delve into what EBD stands for and discover the enticing investment opportunities and strategic locations it encompasses.

What are EBD locations?

EBD, short for 'Extension Business District,' are business hubs that sets itself apart from CBD and New CBD. These locations are carefully positioned away from heavily developed areas but linked to transportation networks, creating growth opportunities. As a result, EBD areas offer immense potential for lucrative real estate investments, facilitated by their connection to central business zones through major infrastructure projects like expressways and the BTS skytrain. In essence, EBDs are poised for rapid development, poised to become prime locations soon.

What makes EBD Locations attractive for investment?

Whether EBD areas are worth investing in,real estate investors and business operators respond with a resounding "yes." Many consider EBD locations as excellent investment opportunities due to their potential to generate profits in the future. This is because land prices in EBD areas are not as high as those in CBD or New CBD.

However, it's essential to consider other factors as well, such as the distance of the land or property from BTS skytrain stations and the availability of public transportation options in the vicinity. Additionally, assessing the convenience of the location for commuting purposes and other amenities should not be overlooked.

Examples of EBD Locations in Bangkok

Min Buri

One of the most promising EBD areas today, is set to become even more vibrant with the upcoming construction of the Orange Line mass transit system, expected for completion in 2023. This extension will connect the area directly to the city center. Min Buri offers significant investment opportunities as it boasts large-scale business ventures while maintaining a peaceful and uncomplicated atmosphere, distinct from the bustling city life. These factors make Min Buri an appealing investment destination that fulfills long-term investment objectives.

Bangna

Apart from Min Buri, another prominent location on the eastern bank is "Bangna." This area has seen continuous and rapid development in its transportation infrastructure. Additionally, it is well-connected with the ongoing extensions of the Green Line mass transit system, Bang Sue-Samut Prakan, and the Yellow Line (Lat Phrao-Samrong) skytrain.

Rangsit

Rangsit is another appealing EBD area that has captured the attention of investors. This is due to Rangsit being the location of large shopping complexes, famous universities, and the recent addition of the Red Line skytrain system. This further emphasizes that Rangsit will evolve into a prime location in the foreseeable future.

Theparak

Thepharak is an area strategically situated at the intersection of major transportation routes, including Sukhumvit Road, Bangna-Trat Road, and Kanjanapisek Road. Additionally, it is connected to the Green Line mass transit system and serves as a gateway to the Eastern Economic Corridor (EEC), a significant economic and industrial zone on the eastern side of Thailand. These factors make Thepharak an enticing investment destination for savvy investors.

Closing Comments

In conclusion, while EBD locations are intriguing investment opportunities, be sure to consider the risks in every investment. Before investing, a thorough analysis of each location's trends and specifics is essential to ensure stable returns. When acquiring properties for business development, studying industry demand and assessing location suitability is required for effective growth. By conducting detailed research, we can navigate potential risks and leverage the opportunities offered by EBD areas, leading to successful investments and businesses.

If you are interested in a house, condo, or a plot of land in any of these EBD areas, feel free to click the links below!

When it comes to finding your dream home or condo, security and safety reign supreme. Today's developers are making sure to create a welcoming place to call home for all. With state-of-the-art security measures and systems integrated into living spaces and common areas, the advancements of the present have left the past far behind. Join PropertyScout as we delve into the realm of cutting-edge security innovations that have become indispensable in modern housing projects and condominiums. By unraveling these advancements, prospective buyers can confidently choose the perfect sanctuary for their future.

Why Security Matters in a House or Condo Selection

Comfortable living is a top priority, and when selecting a project, access to amenities such as shops, restaurants, hospitals, and communal spaces becomes essential. Equally critical are 'security factors,' as they safeguard residents' safety and protect against potential losses. Insufficient or outdated security measures in homes, condos, or the project itself can impact the quality of life and future property values. Buyers increasingly prefer projects equipped with cutting-edge technology and innovations to ensure utmost safety and security.

Today, housing projects and condos meeting modern standards incorporate 'IoT' systems, linking devices within residences to enhance safety. IoT (Internet of Things), refers to internet-connected items such as advanced electrical appliances in which homeowners can control via Wi-Fi or LAN. Installing IoT devices allows homeowners to manage appliances even from a distance, with IoT innovations playing a vital role in effective safeguarding.

What are the different must-have Security Innovations for today's housing and condo projects?

Intrusion Detection System

The intrusion detection system has been a staple security measure for many decades. Today, it has evolved into a highly sophisticated safety feature in buildings. Modern versions offer homeowners smartphone alerts, notifications to security teams, project management, and even direct reports to security control centers and the police. Utilizing sensors, the system can detect unauthorized entry through doors and windows and work seamlessly with closed-circuit cameras. Residents can configure the system to receive immediate alerts if they are alone at home and a door or window is opened.

Wi-Fi-Connected Surveillance Cameras

Closed-circuit cameras represent a constantly advancing security technology in today's world. They come in various types, capable of capturing footage, detecting motion, and delivering audio alerts. With the added benefit of Wi-Fi connectivity, homeowners in houses or condos can conveniently access live or recorded footage, control camera angles, and receive instant motion alerts on their smartphones.

Digital Door Locks

Digital door locks are gaining popularity, particularly in contemporary condos and new residences. Offering hassle-free access, they eliminate the need for traditional keys. Homeowners can effortlessly use passcodes, fingerprint scans, or key cards with pre-stored data from the project. The added advantage is their ability to instantly alert owners if messed with, providing greater security compared to key-based doors that lack warnings against unauthorized entry.

Video Door Phone

The Video Door Phone, also called a video intercom, is an advanced technology enabling residents to see visitors' faces without opening their house or condo door. When unsure about the visitor, homeowners can communicate through the built-in speaker. This system is especially beneficial for those living alone, ensuring caution with unknown visitors. If uncomfortable, residents can politely decline entry via the video door phone and promptly inform security personnel.

Access Control System for Project Entrance and Exit

The access control system is a reassuring security technology and a crucial safety measure in residential communities and condominiums. A robust system for monitoring entry and exit employs key card access, while more advanced projects are embracing smartphone-based access control for residents. Particularly in condominiums, guests can request entry through QR codes, which records their ID card information for historical tracking.

Smoke & Heat Detector

Smoke and heat detectors are essential safety devices that are often underestimated when purchasing a house or condo. However, they play a vital role in safeguarding lives and properties during fire emergencies. When these detectors detect smoke from fires, including cigarette or vape smoke, or sense unusually high temperatures, they promptly sound an alarm. This enables residents to respond quickly by either extinguishing the fire or evacuating, while also notifying firefighting authorities in a timely manner.

Stay Secure!

In conclusion, this article emphasizes the significance of residential security innovations that provide a sense of peace and security, especially for those living alone in houses or condos. While projects integrating IoT technologies may come at a slightly higher cost, opting for a development with security features tailored to one's lifestyle guarantees a comfortable and secure daily life for homeowners and their families. By examining different housing and condominium options, individuals can make informed choices and invest in a new home or condo equipped with advanced security systems.

Looking for your perfect place to call home with the best security systems available? Let PropertyScout help you!

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 to Mr. Damrongkiat Phinitkan, secretary of the Entertainment and Tourism Association of Pattaya City, this was done in hopes of benefiting local businesses as well as strengthening the tourism industry. Bars and restaurants may operate until late evening while walking streets can stay open even into post-midnight hours and the operation of all-night entertainment venues will not affect local communities provided that new rules are implemented correctly.

For More Information: https://www.nationthailand.com/thailand/policies/40029515

Lalin Property launching 3 projects in Eastern Bangkok with the Yellow Sky Train Extension

On July 24, Mr. Churatch Chakarakul, the Managing Director of Lalin Property Co., Ltd, announced the strategic significance of the Eastern Bangkok zone, citing its well-developed transportation infrastructure. The area boasts a network of expressways that interconnect the city's inner and outer regions, facilitating essential links to economically vital provinces on the eastern side. Leveraging this advantageous location, Lalin Property has undertaken the development of three residential projects in close proximity to the Yellow Line sky train System. The projects, Lanceo CRIB Sri Nakarin-Theparak, Lio 4 Onnut-Suvarnabhumi, and Lalin Green Ville The Executive Onnut-Suvarnabhumi, aim to provide residents with easy access to convenient transportation options while adhering to meticulous and thoughtful design principles throughout the development process.

For More Information: https://www.bangkokbiznews.com/property/1080129

Bangkok ranks 6th Place on cities with biggest prime rental growth

According to a research report from real estate services company Savills, Bangkok has secured the sixth position among cities experiencing the most significant surge in prime rental growth, closely trailing Kuala Lumpur at fifth place. The report highlights that both Bangkok and Kuala Lumpur's rental markets are showing signs of "regaining momentum not seen since before the pandemic." Meanwhile, Lisbon claims the top spot in terms of prime rental growth, with Singapore and Berlin following in second and third place, respectively. The findings indicate a noteworthy rebound in rental markets in select cities worldwide, as reported by Savills.

For More Information: https://www.cnbc.com/2023/07/20/these-countries-saw-highest-hike-in-prime-rents-for-h1-2023-savills.html

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 by his deputy, Mr. Wisanu Sapsompol, and the director of the Bangkok Metropolitan Administration (BMA), Mr. Surat Tirakul. Mr. Chadchart emphasized that there is no need to demolish the building and assured tenants and residents that they are free to continue residing in the premises. The press conference followed last week's order to invalidate Ashton Asoke's construction permit due to the developer's failure to comply with the requirement of a standard 12m-wide entrance to the property.

In response to the recent Supreme Court ruling, Ashton Asoke condo management sent a letter outlining their efforts to address the issues. The condominium's corporate lawyer, Mr. Pisut Rakwong, pointed out that Ananda's Company Statement indicated the homeowners' prior awareness of the project's implications. This suggests Ananda is persisting with its legal battle over ownership rights, implying the homeowners proceeded with the condo transfers fully aware of the situation and denying any liability. Consequently, the homeowners collectively filed civil and criminal lawsuits, along with consumer complaints, against Ananda and joint venture partner Mitsui Fudosan, claiming damages exceeding 5 billion baht, excluding interest, reflecting the project's overall value. Representatives of Ashton Asoke's legal team and homeowners have urged Ananda to participate in a meeting with the condo's corporate representatives within 7 days; otherwise, they will pursue further legal action.

For More Information:

https://www.bangkokpost.com/thailand/general/2623213/ashton-asoke-wont-be-demolished-bma

:https://www.bangkokbiznews.com/property/1081861

The Top 5 Costliest Locations for Land

As per a recent land price survey conducted by Agency For Real Estate Affairs Co.,Ltd, the Asok intersection area, strategically located near both BTS and MRT train stations, has secured the 5th position among the top 5 most expensive locations for land. The price stands at 2.9 million baht per square wah (approximately 1,160 million baht per rai). The surge in prosperity along the BTS train line has transformed this neighborhood into a coveted and opulent locale, often referred to as the "Beverly Hills" of Thailand. Notably, ownership of land in this area, whether in smaller sois or prominent junctions once owned by affluent millionaires, has increasingly shifted into the hands of foreign investors. Additionally, the area has seen the emergence of numerous 5-6 star hotels, further elevating its status in the property market.

Dr. Vichai Viratkapan, Acting director of Government Housing Bank (GSB)'s Real Estate Information Center, revealed that the price index of vacant land in Bangkok and its suburbs reached 176.5 points, showing a year-on-year increase of 6.2%, but a quarter-on-quarter decrease of 2.4%. However, he highlighted that the rate of land price increase in the area was notably slower compared to the five-year average before the COVID-19 pandemic and the previous quarter. Several factors contributed to this slowdown, including the Thai economic slowdown in the first half of the year, the central bank's decision to exempt the loan-to-value (LTV) ratio, high household debts, and the rising trend in interest rates.

For More Information:

https://www.bangkokbiznews.com/property/1081162

https://www.nationthailand.com/business/property/40029887

Thai Residential Market sees 29.1% drop in Q1 New Sales

In the first quarter of 2023, the Thai residential property market experienced a significant 29.1% drop in new sales, with condos being the primary contributor to the slowdown. According to Dr. Vichai Viratkapan, the acting director-general of the Real Estate Information Center (REIC), a total of 21,291 residential units were sold, amounting to 105.7 billion baht. This represented a substantial decline of 29.1% in sales quantity and a 22% decrease in value compared to the same period in 2022. Despite this decline, the number of newly launched condo units in Q1 of this year nearly matched pre-pandemic levels, though sales remained lower.

For More Information: https://www.bangkokpost.com/property/2620715/residential-market-records-29-1-drop-in-new-sales-in-q1

Building your new home is exciting, that's only the beginning. From the structure that keeps the shape to the finishing touches that bring your imagination to life, each factor plays a role in shaping the final budget. In this blog post, we'll have a look at the construction fees that await to make sure you make the right decisions. Join us as we reveal the biggest contributors to your house construction costs. Let's unlock the secrets that transform your dreams into a tangible reality!

Foundation and Structural Components

Foundation and structural components form the bedrock of any house construction project, both metaphorically and financially. A solid foundation is paramount for ensuring the longevity and stability of the entire structure, but it comes with a price tag. From the excavation and concrete pouring to the reinforcement materials and labor involved, building a sturdy foundation demands a substantial portion of the construction budget.

Additionally, structural components such as steel beams, frames, and load-bearing elements are indispensable for providing the necessary support and structural integrity to the building. The cost of high-quality materials, skilled labor, and adherence to safety standards further add to the expenses. However, investing in these crucial components guarantees a resilient and safe home that can withstand the test of time and environmental challenges.

Wood Framing

Wood framing, a classic and widely used construction method, plays a pivotal role in shaping a house's structural skeleton, but it also commands a significant portion of the construction budget. The cost of wood framing is influenced by various factors, including the type and grade of lumber chosen, the complexity of the design, and the size of the dwelling. While wood offers flexibility and ease of construction, it requires skilled labor for precise assembly, which contributes to labor expenses.

Additionally, fluctuations in lumber prices can impact the overall cost. Despite these considerations, wood framing remains a popular choice due to its versatility and time-tested reliability, providing homeowners with a durable and visually appealing framework for their dream abode.

Brick and Masonry

Brick and masonry, cherished for their timeless charm and durability, significantly contribute to house construction costs. These materials lend an air of sophistication and sturdiness to a structure, but their higher material costs and intricate installation requirements can drive up the overall expenses. The procurement of high-quality bricks, mortar, and other masonry components adds to the budget, as does the labor-intensive process of laying and aligning the bricks meticulously.

However, the long-lasting nature of brick and masonry constructions often proves cost-effective in the long run, as they require minimal maintenance and provide excellent insulation, making them a popular choice for homeowners seeking both aesthetic appeal and enduring resilience.

Roofing

Roofing, a paramount component of house construction, significantly impacts the overall costs. The choice of roofing materials, such as shingles, metal, or tiles, along with the complexity of the roof design, plays a vital role in determining expenses. High-quality roofing materials can be more expensive initially but offer long-term durability and energy efficiency, reducing maintenance costs over time. Additionally, skilled labor and specialized installation techniques are essential for ensuring a watertight and resilient roof, adding to the overall expenses. Careful consideration of roofing options is crucial, as it influences the aesthetics, functionality, and financial aspects of your dream home.

Windows

Windows, essential for natural light, ventilation, and aesthetics, significantly contribute to house construction costs. The price of windows varies depending on factors such as the type of material (wood, vinyl, aluminum, or fiberglass), the style (single-hung, double-hung, casement, etc.), and the energy efficiency ratings. Larger or custom-designed windows, although visually appealing, can escalate costs. Additionally, high-quality, energy-efficient windows may have a higher upfront cost but can lead to long-term savings in energy bills. Balancing the budget while choosing the right windows is vital, as they impact not only the overall aesthetics but also the comfort and energy efficiency of your home.

Doors

Doors, essential for security, privacy, and architectural appeal, are significant contributors to house construction costs. The type of material chosen for doors, such as solid wood, fiberglass, steel, or composite, plays a key role in determining expenses. Each material comes with its own set of benefits and price points. Additionally, the size and design of doors, including specialty or custom-made options, can add to the overall cost. Exterior doors, in particular, require weatherproofing and sturdy hardware, further impacting the budget. Balancing aesthetics, functionality, and budget considerations is crucial when selecting doors for your dream home, as they are a crucial investment that can enhance both the curb appeal and security of your property.

Plumbing

Plumbing, a crucial part of house construction, has a big impact on the costs. It includes pipes and fittings that bring water in and out of your home. Choosing quality plumbing materials matters, as it affects the durability and efficiency of your plumbing system. Labor costs for installation also play a role in the budget. Additionally, fixtures like toilets, sinks, bathtubs, and showers add to the expense. A well-designed and reliable plumbing system may cost more upfront but can save you from costly repairs down the road. So, investing in plumbing ensures your smooth home functions and keeps you stress-free!

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Sanitaryware

Sanitaryware, such as toilets, sinks, bathtubs, and showers, is an important and costly part of house construction. Choosing high-quality sanitaryware is crucial for a functional and long-lasting bathroom. The price of sanitaryware varies based on materials, design, and brand. While cheaper options exist, investing in durable and efficient fixtures might be more cost-effective in the long run, as they need less maintenance and replacement. Proper installation by skilled professionals also adds to the expense. Picking the right sanitaryware ensures your bathroom is not only stylish but also comfortable and convenient for years to come.

Electricity

Electricity, an essential aspect of house construction, greatly influences the overall costs. It involves setting up wiring, outlets, and switches to power your home. The expense depends on factors like the size of your home, the complexity of the electrical system, and the quality of materials used. Hiring skilled electricians to ensure safety and proper installation also adds to the budget. Moreover, choosing lighting fixtures, appliances, and heating or cooling systems like air conditioning impacts the overall electrical costs. While saving on electrical expenses might seem tempting, it's crucial to strike a balance between affordability and quality to have a safe and comfortable home with a reliable power supply.

Flooring and Wall Finishes

Flooring and wall finishes are significant contributors to house construction costs, affecting both the look and feel of your home. The price of flooring materials, like hardwood, laminate, tile, and carpet, varies based on quality and design. Similarly, wall finishes such as paint, wallpaper, and other coverings come with different price tags. Installation costs and labor for both flooring and wall finishes are important factors to consider. While some options may seem cheaper upfront, investing in durable and visually appealing choices can save you money on repairs and replacements later on. Picking the right flooring and wall finishes ensures your home looks beautiful and feels comfortable for years to come without breaking the bank!

Let's Build on a Budget!

Congratulations on completing this enlightening journey "Building Beyond Blueprints" and gaining a deeper understanding of the top contributors to house construction costs. From the sturdy foundation to the exquisite finishes, we've unraveled the mysteries behind each vital element that shapes your dream home's budget. Armed with this knowledge, you can now make informed decisions, ensuring your project remains on track without sacrificing quality or breaking the bank. Remember, every choice you make plays a crucial role in the long-term durability and comfort of your new abode.

So, whether you're considering roofing materials, window options, plumbing fixtures, or electrical systems, balance your aspirations with practicality. Armed with the insights gained here, you can confidently embark on your home construction journey, turning your vision into a reality that will stand tall for generations to come. Happy building!

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