By John on January 11, 2011
The director of the Phuket Land Office in Thailand has implored local people not to sell their land to non-islanders. According to local media reports, director Paitoon Lertkrai made his comments outside a Ministry of the Interior seminar at the Royal Phuket City Hotel at the end of December. ”I would like to tell Phuket [...]
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Posted in Phuket | Tagged foreign buyers, foreigners, Phuket, Phuket Gazette, Phuket land, Thailand, xenophobia |
By Property Wire on September 27, 2010
Residential property prices in Thailand have weathered the civil unrest in April and May in Bangkok which slowed the launch of new projects but did not cause panic selling, according to analysts. The latest report on the Thai real estate markets shows that development resumed quickly in Bangkok. The Bangkok Residential Sales Market View report [...]
Posted in Bangkok | Tagged Bangkok, CB Richard Ellis, condominium units, foreigners, new launches, residential property |
By Andrew Wood on September 13, 2010
Last week we covered the ownership of property by foreigners in Thailand and some of the pitfalls and possibilities. This gives rise to the question of how foreigners can actually finance the purchase of a property here. Currently foreign ownership of property in Thailand is restricted to strata title leasehold apartments and condominiums for the [...]
Posted in National | Tagged foreign banks, foreigners, mortgage finance, strata title, thai banks, thai nationals |
By Kanana Katharangsiporn on March 15, 2010
Pattaya’s real estate and tourism markets will grow by 5% and 10%, respectively this year, regardless of the political situation, says Jugkarut Ruangratanakorn, vice-president of Ratanakorn Asset Co Ltd, a property firm in the seaside resort city. The Pattaya real estate market slowed last year and will remain sluggish in 2010 because of political tensions, [...]
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Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand’s first English language newspaper and specialises in property and real estate areas.
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Posted in Pattaya | Tagged foreigners, global recession, Pattaya, political tensions |
By Greg Lowe on December 26, 2009
The listed developer Raimon Land will continue building luxury condominiums but with a new focus on larger projects and Thai buyers, a shift from its previous focus on foreigners, says chief executive Hubert Viriot. The previously troubled company has almost completed a financial restructuring, resolved its “internal issues” and is ready to move forward with [...]
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Posted in National | Tagged foreigners, luxury condominiums, Nigel Cornick, Raimon Land |
By Nina Suebsukcharoen on December 20, 2009
Heightened demand is likely to follow last year’s slowdown which saw the addition of only around 10,000 new units in the capital. As many property developers have cautiously reduced project launches this year, the pace of new developments is likely to pick up in the new year because they now have few units to offer, [...]
About the author
Nina
Suebsukcharoen
Nina Suebsukcharoen is a senior journalist with The Bangkok Post, Thailand’s first English language newspaper and specialises in the property and real estate sector.
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Posted in National | Tagged foreigners |
By Kanana Katharangsiporn on December 8, 2009
The Israeli real estate company Industrial Buildings Corporation Ltd (IBC) is optimistic the Thai property market will fully recover by the end of next year, says chief executive Dalit Braun. Market sentiment has improved since early this year when the company and its Thai partner, Pace Development, formed a joint venture to construct the 14-billion-baht [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand’s first English language newspaper and specialises in property and real estate areas.
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Posted in National | Tagged condominium, foreigners, investing in thailand, property market, residential |
By Nina Suebsukcharoen on November 29, 2009
The Thai property market will likely fluctuate until 2013, and the current oversupply will not be absorbed even then because new project launches will keep pace with fresh demand. So today’s overbuilt stock will not be completely reduced, says Jens Brochner Nielsen, CEO of D2 Real Estate Company. He also said that as the outlook [...]
About the author
Nina
Suebsukcharoen
Nina Suebsukcharoen is a senior journalist with The Bangkok Post, Thailand’s first English language newspaper and specialises in the property and real estate sector.
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Posted in National | Tagged foreigners, land and houses |
By Kanana Katharangsiporn on October 27, 2009
Foreign firms using Thai nominees to hold property should restructure their holdings and seek Thai partners to legalise their investments, said Patima Jeerapaet, chairman of the property committee of the Joint Foreign Chambers of Commerce in Thailand (JFCCT). The Thai partner should be a “real investor” that will withstand scrutiny by authorities, said Mr Patima, [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand’s first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
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62 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged foreigners, tourist destinations |
By Kanana Katharangsiporn on October 16, 2009
Fractional ownership of property may not appeal to Thai buyers, due to their unfamiliarity with the concept and the lack of regulation, experts say. Fractional ownership is common in other countries where property is priced too highly for buyers to own an entire unit, said Phanom Kanjanathiemthao, managing director of property consultant Knight Frank Chartered [...]
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand’s first English language newspaper and specialises in property and real estate areas.
Other posts by
Kanana Katharangsiporn
(
62 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged foreigners, fractional ownership, Phuket, residential units |
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