The Joint Foreign Chambers of Commerce in Thailand (JFCCT) should be congratulated for raising the issue of foreign ownership and seeking to improve inbound real estate investment into Thailand. CB Richard Ellis (CBRE) Thailand adds its wholehearted support to a review of Thailand’s policy regarding foreign ownership. CBRE Thailand would…Continue reading
A growing number of expats now own properties in Thailand. Are you one of them and if so, can you confidently say that you own your property legally? In recent years the market in Thailand has opened up somewhat to foreigners who wish to legitimately own properties. However, there are…Continue reading
Foreign demand for Thai property will collapse in the aftermath of the Songkran protests, property experts say. They say the government needs to implement measures to spur foreign demand, such as increasing maximum lease terms, having 100% foreign ownership zones for condominiums, providing financial support for foreign buyers, and issuing longer visas. Continue reading
Global and domestic crises are worsening and moving through the first quarter of 2009 the market outlook forecasts an extremely challenging property market in Samui and other key resort areas in Thailand, according to C9 Hotelworks´ latest Samui Luxury Villa Market Report Continue reading
The tourism industry continues as the main driver behind interest in Thailand’s resort condominiums, with holiday destinations close to Bangkok receiving the most attention Continue reading
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. Continue reading