Archive for leasehold
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Wealthy buyers put plans on hold
The country’s protracted political turmoil has had a negative impact on the luxury property market as investors and buyers hesitate to make decisions, says a broker who specialises in marketing high-end residences in Hua Hin, mainly to foreigners.
”[The property market in Hua Hin] has been so quiet [since the political problems intensified],” said Duangjai Kraus, [...]
Hua Hin developers urged to adjust plans
Property developers in Hua Hin need to adjust their projects to meet market demand and stricter regulations on the use of local nominees by foreign buyers
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.
