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Bangkok Property News and Insights

The latest Bangkok Property News, Insights and Buying Guides

Myanmar nationals snapping up properties in Bangkok, Chiang Mai and Phuket

March 1st, 2024|Categories: News|

Karlo Pobre, Colliers' Deputy Managing Director, highlighted insights from the Real Estate Information Centre (REIC) of the Government Housing Bank, revealing a strong interest among Myanmar buyers in real estate across Bangkok, Phuket, and Chiang [...]

Thailand’s GDP growth in 2023 comes in at 1.9% on the back of weak export figures

February 19th, 2024|Categories: News|

Official data released on Monday indicates that the Thai economy experienced a 1.9% expansion in 2023, marking a deceleration from the revised 2.5% growth observed in the preceding year. This downturn is attributed to lackluster [...]

Thailand achieves its foreign tourist target of 28 million for 2023

January 5th, 2024|Categories: News|

Thailand is poised to achieve its target of welcoming 28 million foreign tourists in 2023, with a notable increase in visitors from neighboring Malaysia compensating for a sluggish recovery in the Chinese market, which was [...]

Both China and Thailand permanently waive visas for each other’s citizens from March 2023

January 2nd, 2024|Categories: News|

Thailand and China are set to establish a permanent visa waiver for each other's citizens starting in March, as announced by Thai Prime Minister Srettha Thavisin on Tuesday (Jan 2).   As the second-largest economy [...]

A Foreign Buyer’s Guide to Condominium Purchases

December 28th, 2023|Categories: Buying Guides|Tags: , , , |

When pursuing the acquisition of a condominium unit in Thailand, foreign buyers should adhere to the following constructive guidelines to facilitate a seamless transaction:   Ownership Allocations Foreign ownership is capped at 49% of the [...]

Thailand’s Prime Minister has ambitious plan to attract Thai professionals back

November 27th, 2023|Categories: News|Tags: , |

Driven by a desire for his sons' return, PM Srettha aims to amplify the government's broader agenda for a prosperous Thailand.   His appeal to his sons abroad serves as a heartfelt connection underlying a [...]

CLI partners Pruksa Holding in wellness real estate fund

November 10th, 2023|Categories: News|Tags: , , , |

CapitaLand Investment (CLI) and Pruksa Holding (PSH), Thailand's prominent real estate entity, have disclosed the inception and successful initial closure of the CapitaLand Wellness Fund (C-WELL), a pioneering real estate fund centered around wellness and [...]

Foreign demand for Thai property surges in the 1st half of 2023

November 3rd, 2023|Categories: News|

In the first half of 2023, there was a remarkable surge in international demand for condominiums, offsetting a slowdown in local buyer activity. Foreign buyers, predominantly led by those from China, accounted for a substantial [...]

Thailand to accelerate construction of China-Thailand Railway

November 1st, 2023|Categories: News|Tags: , |

Thailand intends to accelerate the development of the China-Thailand railway, a significant project within the framework of the China-proposed Belt and Road Initiative (BRI), as announced by Thai Prime Minister Srettha Thavisin during a live discussion on Thailand's future in 2024.

Developer sentiment index, while remaining positive, slips in 3rd quarter

October 27th, 2023|Categories: News|

In the third quarter, housing developers' sentiment for the next six months saw a decline, primarily driven by growing concerns about employment following the government's announcement of a minimum daily wage of 400 baht for [...]

Central Pattana Plc (CPN) aims to complete B100billion worth of mega projects in Bangkok by 2027

October 13th, 2023|Categories: News|

Central Pattana Plc (CPN), a prominent player in the retail and real estate sector, best known for managing Central shopping centers, has revealed its ambitious strategy to embark on the development of five extensive mixed-use [...]

Thailand is now the 5th most popular property investment destination for Chinese investors

October 11th, 2023|Categories: News|

Chinese real estate investors who once dominated the market for luxury condos and apartments in Thailand are now scaling back their activity due to China's economic downturn and the real estate turmoil [...]

Thailand’s economic growth revised to 3.4%: World Bank

October 3rd, 2023|Categories: News|Tags: , , , |

The World Bank has reduced its economic growth predictions for Thailand for both the current year and 2024 due to expectations of a decline in the country's exports caused by a decrease in [...]

Thailand’s visa-free travel begins for Chinese tourists

September 27th, 2023|Categories: News|

On Monday, Chinese tourists arriving in Bangkok were personally welcomed by the Thai prime minister as part of a new visa-free initiative aimed at revitalizing the country's crucial tourism sector. Prime Minister Srettha Thavisin, accompanied [...]

Thailand finally has a new Prime Minister

August 23rd, 2023|Categories: News|

Srettha Thavisin from the populist Pheu Thai party has secured the parliament's approval to become Thailand's next prime minister. This marks the beginning of a new coalition government and an end to weeks of uncertainty [...]

Growth of 3.1% in Thailand’s economy as tourism picks up

August 21st, 2023|Categories: News|Tags: , , |

In the April-June quarter, Thailand's economy expanded by around 3.1%, a rise from the previous quarter's growth of 2.7%. This upswing is attributed to the increased influx of foreign tourists, as predicted by a median [...]

Growth of property sector to be fueled by the return of foreign buyers

June 30th, 2023|Categories: News|

According to real estate appraisal and consultancy agencies, the growth in Thailand's property market during the second half of this year will be driven by foreign buyers, while domestic buyers have not fully regained their [...]

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