Archive for May 2008
You are browsing the archives of 2008 May.
The amendments to the Condominium Act will protect consumers
The amended Condominium Act will improve the overall condo market and screen out non-professional developers that take advantage of buyers, says Opas Sripayak, managing director of the condo developer L.P.N. Development Plc.
Golden Land poised for big cash transfer
The listed developer Golden Land Property Development Plc expects a cash influx of 1.5 billion baht this year from the transfer of its super-luxury The Infinity condominium in the Sathon area, according to CEO William Wilfong.
Government considers longer leasehold terms
The government is considering allowing greater foreign ownership in property firms and extending leasehold periods beyond 30 years to stimulate the business, according to Finance Minister Surapong Suebwonglee.
Invest in a condo and rent it out
One inflation-proof investment perhaps worth considering is buying a condominium for rent. With good management and prudent procedures, investing in a condominium and then offering it for rent will generate much higher returns than leaving your money in bank deposits.
Real estate scores over bank deposits
At a time when fixed deposits earn interest at only 2.5 per cent, property companies and agencies suggest buying residential property located close to the mass-transit system
Thailand’s Land & Houses Q1 net profit up 28 pct
Land & Houses LH.BK(LH), Thailand’s biggest housing firm, reported a 28 percent rise in quarterly earnings on Tuesday helped by subsidiary earnings and lower expenses.
Krabi property market takes baby steps
Krabi Province has the distinction of being home to Thailand’s oldest human settlement. Even in prehistoric times people were attracted to this region’s diverse real estate offerings.
In the 13th century Krabi became a thriving sea port that saw traders from India, the Middle East and China – many who were so enamored with the area’s [...]
Cash-rich buyers keep luxury real estate market healthy
The luxury property market is still strong due to healthy demand and high purchasing power, reflected in the fact that fewer than 20% of purchasers seek loans, according
Koh Samui land prices take off
Land prices in Koh Samui are expected to rise between 20 per cent and 30 per cent a year as a number of property firms expand their investment in sectors such as retail, residential-project developments, hotels and
Pran-a-luxe Beachfront Villas
Located on the white sandy beachfront of Pranburi this project comprises 43 stylish pool villas.
