Articles
Transfers of Pre-owned Homes Show Steady Increase
The share of pre-owned home transfers in Greater Bangkok has increased for two consecutive quarters, driven by weakened purchasing power due to the economic slowdown, according to the Real Estate [...]
Samyan Smart City Initiatives Gaining Momentum
The Samyan Smart City project in central Bangkok is making notable advancements in smart energy development. The Metropolitan Electricity Authority (MEA) recently announced the successful relocation of overhead power and [...]
Myanmar Sees Significant Surge in Condo Transfers
Condominium transfers to buyers from Myanmar during the first half of 2024 exceeded the total transfers recorded in 2023, which had set a previous record. According to the Real [...]
Wish Signature II Midtown Siam Agency Day (4th September 2024)
4th September was the Wish Signature II Midtown Siam Agency Day. The IBP team made a visit to the development. Here is the payment scheme for the [...]
Nue Epic Asok Rama 9 launch weekend (6th to 8th September 2024)
Nue Epic Asok-Rama 9 launched over the weekend that just passed. This project was hotly anticipated. It is located in the very popular Rama 9 business district. It is walking [...]
Thailand to Roll Out US$4.2 Billion Handout Scheme Ahead of Schedule
Thailand is set to distribute 145 billion baht (US$4.2 billion) from its “digital wallet” handout program earlier than initially planned, aiming to support vulnerable groups and provide short-term economic stimulus. [...]
Foreign Ownership May Lead to Surge in Unlicensed Hotels, Hoteliers Warn
Hotel operators are expressing concerns over proposed changes to foreign ownership rules in real estate, fearing it could result in a rise in illegal hotels in Thailand. The government's [...]
Double financing adds to property sector’s woes
Higher debt leverage resulting from double financing is making it more difficult for property companies to secure bank loans, forcing some developers to rely on short-term loans from major shareholders. [...]
Condo Launches Fall Short of Expectations
New condo launches in Greater Bangkok are anticipated to fall below expectations this year, largely due to sluggish demand amidst economic challenges, according to Colliers Thailand. Phattarachai Taweewong, Director [...]
Bangkok-Beijing Rail Link Nears Completion with Thai-Lao Railway Expansion
The vision of a continuous train journey from Bangkok to Beijing is closer to becoming a reality, thanks to the recent completion of a critical railway bridge over the Mekong [...]
July sees highest export growth in 28 months
In July, exports posted their highest growth in 28 months, surging by 15.2%, as easing inflation and improved purchasing power among key trading partners fueled demand. Poonpong Naiyanapakorn, director-general [...]
Expansion of Thailand-Malaysia Rail Cooperation: Bangkok to Penang Route Officially Approved
The State Railway of Thailand (SRT) has announced that a new train service from Bangkok’s Bang Sue Grand Terminal to Penang, Malaysia, will commence within two to three months. [...]
Thai Finance Minister: Digital Wallets Set to Ignite Economic Transformation
The registration process for the 10,000-baht stipend under the Digital Wallet program commenced on August 1st, with funds expected to be accessible in the fourth quarter of this year to [...]
Thailand’s New Prime Minister Receives Royal Approval
Paetongtarn Shinawatra was officially confirmed as Thailand’s prime minister by the king on Sunday, August 18, following her election by parliament two days earlier. This sets the stage for her [...]
A comparison of launch prices and prices two years later
Clients often ask us whether developers will increase their prices as time passes. The answer in most cases is yes. If you made a purchase during launch, the price which [...]
Thailand Government is ready to legalise casinos within entertainment complexes
The government is advancing a bill to legalise casinos within entertainment complexes across the country. According to sources, the Finance Ministry has completed drafting the Entertainment Complex Act. The bill [...]
Thailand prioritises ‘quality over quantity’ with new visas to attract foreigners, but is it one step too late?
Thailand has launched new visa programs designed to facilitate extended stays and remote work, aligning with a global trend of attracting higher-spending visitors with a smaller impact. Content [...]
Bangkok’s shopping centres report strong recovery, along with other updates from the region
Bangkok Shopping Centers Report Strong Recovery in H2 2023, Driven by Foreign Tourism The Bangkok shopping centre sector has shown a robust recovery in the second half of 2023, largely [...]
Projected Condo Launches in Greater Bangkok to Fall Short
The number of new condominium launches in Greater Bangkok is anticipated to be below expectations this year, mainly due to subdued demand amidst an economic downturn, as reported by Colliers [...]
Thailand’s new visa regulations draws a range of responses
Thailand's comprehensive revamp of visa and entry regulations has elicited a range of reactions, from enthusiasm to confusion and some frustration. To shed light on the new rules, Naruchai Ninnad, [...]
Hyundai will invest US$28 million in Thailand to support the assembly of electric vehicles and the production of batteries
Hyundai Motor Company, the South Korean automaker, has announced a 1 billion baht (US$28 million) investment to establish an electric vehicle (EV) and battery assembly facility in Thailand, as reported [...]
Thailand anticipates welcoming 1 million Japanese visitors by year-end
The Ministry of Tourism and Sports aims to attract at least 1 million Japanese tourists to Thailand by the end of this year, an official has stated. Polphum Wipatphumiprathet, [...]
First Train Through Thailand’s Longest Railway Tunnel to Run on Sunday
The State Railway of Thailand (SRT) is set to launch the first train on the Northeast dual-track route on Sunday, July 28. This route extends from Mab Kabao to Muak [...]
Billboard advertising passport sales in Bangkok causes public outcry
Thai Interior Minister Anutin Charnvirakul has called for an urgent investigation into the source of a Bangkok billboard advertising the sale of passports and nationalities. The billboard was located in [...]
Thailand to legalise medical marijuana, indicating no plans for re-criminalisation
On July 23, a deputy prime minister announced that Thailand would move forward with legislating marijuana for medical use, signalling a reversal from previous intentions to re-criminalise the plant. This [...]