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Controversial Beach Road widening begins
www.pattayamail.com

City officials have pledged to restore plants and trees removed, albeit it with 3.5 meters less real estate to work with. City workers have begun widening Beach Road in Pattaya by one, 3.5 meter wide lane. “Park areas, I admit, will be smaller. But the …

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Pruksa project
www.nationmultimedia.com

Pruksa Real Estate Plc has introduced its latest single-detached house and twin-house project, Pruksa Town Serenity 2-Petchakasem 81, designed in a “tropical contemporary” style at a starting price of Bt3.69 million per unit. The project designs will …

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UAE businessman invests $27m in Thai tower
www.arabianbusiness.com

A UAE-based businessman has invested AED100m ($27.2m) in a project to build the MahaNakhon, Thailand’s tallest tower. Asgar Patel, chairman of the House of Patels Group, said the AED2.25bn ($640m) project in Bangkok is expected to be completed in 2015…

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Phuket Law: Does going ‘collective’ fix your lease renewal problem?
www.thephuketnews.com

This is due largely to the fact that Thai law, with some limited exceptions, prohibits foreign freehold ownership of real estate in Thailand. However, under current Thai law, the maximum lease term that can be officially registered is 30 years. Thus …

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Realty boom seen in Hua Hin next year
www.nationmultimedia.com

The real-estate market in the Hua Hin area will see strong growth as developers from Bangkok launch condominium projects there next year, according to Knight Frank Chartered (Thailand) Co. The buyer target is still narrow, focusing on locals, Bangkok …

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Matrix Development opens door to The View
www.pattayamail.com

The View is the latest in a long line of projects by the Matrix Group; it lies in a quiet soi moments away from Cozy Beach and just off Pratumnak Road. This ultra modern single tower consists of 122 luxury apartments made up of 1 & 2 bedroom units staring from 1.6 million baht.

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Thailand’s luxury hideaways
www.property-report.com

The private villa market in Thailand is far more extensive than most people know. Although no official statistics exist as to the number of luxury private residences on island’s like Phuket and Koh Samui, people working in the management and rental of …

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Phuket Outrigger Resort Set to Revive Laguna Phuket Beachfront
phuketwan.com

The Outrigger Laguna Phuket Beach Resort in Thailand officially opens April 4, with a grand beachside party Thursday evening. Flying in for the VIP gathering are members of the Kelley family, owners of the Outrigger Laguna Phuket Beach Resort, and senior corporate executives …

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Building at risk of collapse
www.bangkokpost.com

Sopon Pornchokchai, president of real estate consulting firm Agency for Real Estate Affairs, said the building had subsided 10 degrees to the north and five degrees to the east. It is located 800 metres from Phahon Yothin Road and has seven storeys …

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Kingdom Property sells Southpoint’s Suites Tower
www.property-report.com

Thailand real estate developer, Kingdom Property, has sold its entire The Suites Tower in its twin-tower Southpoint Pattaya project to a local Thai investor, who will develop the 224 unit property into an internationally managed serviced residences.

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Real estate ‘unaffected’ by strong baht
www.bangkokpost.com

Though the recent strength of the baht has pushed Thai property prices up in dollar terms, there is no sign so far of any major impact on real estate transactions in Thailand, according to Jones Lang LaSalle, a professional services firm specialising …

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