Yes, foreigners are allowed to buy property in Thailand, but there are restrictions on the type of property and ownership. Foreigners are generally not allowed to own land, but they can own condominiums if the gross floor area of the condominium building is more than 51% owned by Thais (i.e. the maximum foreign ownership is [...]
The Thai government has lifted its mask-wearing mandate with immediate effect. This is in line with the improving Covid-19 situation in the country as the country moves towards living with the virus. On Thursday 23rd June 2022, it was announced in the Royal Gazette that the wearing of masks would be voluntary. This applies to [...]
The number of condominium transfers made by foreigners in the first quarter of 2022 continued to fall. The main reason for this is the draconian measures put in place by China to control the movement of its people because of its zero covid policy. In Q1 2022, the number of transfers attributed to the Chinese [...]
These videos were taken by the team at Bkk Gongyu Co., Ltd in February 2022. Shawn visited the show flat and here is a brief presentation of each of the unit types. If you would like to visit the show flat, do contact Shawn at +66 63 446 0301. Here is the 1 bed [...]
The official name for Thailand's capital is in the process of being changed from Bangkok to Krung Thep Maha Nakhon. The Thai cabinet has approved the Royal Society's proposal for the change of name in principle but this change has still to be vetted by the relevant government officials. For those who do not know, [...]
What are the development attributes? Noble Evo Ari is a freehold condominium in central Bangkok. It has a project land area of 2-1-70 Rais and consists of 1 residential building and 1 parking building. Total units: 488 residential units Room type: Type A1, A2, A7, A8 (30.2 sq m): 112 units Type B6, B7, [...]
The Foreign Exchange Transaction (FET) Form (also known as Thor Tor 3), is an official document prepared under the Bank of Thailand (BOT) regulations to report foreign currency exchange transactions in Thailand. This document is evidential proof that foreign currency is used to purchase assets like property in Thailand. The FET form is only issued [...]
Where is Rama 9? Rama 9 Road or Rama IX Road is an 8.7-kilometre road that starts at the Rama IX intersection, where Ratchadaphisek meets Asok-Din Daeng and it ends at Srinakarin Interchange. Rama IX intersection If you are familiar with locations such as Terminal 21 and Asoke BTS Station as a [...]
What are the development attributes? NUE District R9 is a freehold condominium. It has a project area of 9,963.2 square meters and consists of two towers. Tower R is a 33 floor, 550 unit residential block with 1 commercial unit on the ground level. Tower 9 is a 44 floor, 891 unit residential block The [...]
According to data gathered by Juwai IQI, a pan-Asian real estate sales and media group based in Kuala Lumpur, Chinese residential buying interest rebounded over the past two quarters. This is after four quarters of double-digit declines. Chinese buyer inquiries for Thai property increased by about 38% in the first quarter of 2021. "The long-term [...]
