Thailand's Central Group has purchased the iconic KaDeWe property located in central Berlin from the insolvent Austrian firm Signa, marking another stride in its endeavor to acquire the entire group.   Central Group announced the [...]

The real estate scene in Thailand is undergoing significant transformations.   Thailand's commercial real estate sector is gearing up for a strong performance in 2024, buoyed by positive developments and strategic moves. According to JLL, [...]

Thailand is poised to experience growth of slightly over 4% this year, primarily driven by newly approved measures aimed at revitalizing the property sector, as announced by the finance ministry. The initiatives are anticipated to [...]

The revision of the land and building tax law aims to boost revenue by improving collection efficiency and establishing appropriate tax rates, while also tightening criteria to close tax loopholes, according to Lavaron Sangsnit, the [...]

The Thai Department of Revenue has enacted Departmental Instruction No. Paw 161/2566, which introduces substantial amendments to the taxation of foreign-sourced income for personal income tax purposes, effective from January 1, 2024. 161/2566 was issued [...]

Thailand is set to unveil new real estate initiatives on Tuesday, April 9, as confirmed by the finance ministry, in an effort to rejuvenate the nation's economy, the second largest in Southeast Asia.   Deputy [...]

Thailand's government is moving forward with a 500 billion baht ($13.9 billion) stimulus initiative and may consider borrowing to fund it, according to a deputy finance minister speaking on Wednesday.   Julapun Amornvivat made these [...]

The Thai business group has upheld its growth forecast for 2024, anticipating a GDP expansion of 2.8% to 3.3%. Thailand's economy is poised to maintain this projection, with the Joint Standing Committee on Commerce, Industry, [...]

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 [...]

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 [...]

Dear all,   We have started to use communities to disseminate messages. This will allow us to get announcements out to clients more efficiently. We need to harness the use of WhatsApp communities as our [...]

The real estate landscape in Bangkok is witnessing a notable shift in condominium prices. Lower Sukhumvit has emerged as the focal point of a substantial surge in prices, contributing to the overall upward trajectory in [...]

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 [...]

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 [...]

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 [...]

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 [...]

The US dollar saw a decline as the 10-year US Treasury yield dropped to 4.65% yesterday. Nevertheless, Poon Panitpiboon, a currency analyst at Krungthai Bank, has advised caution regarding the Thai Baht, indicating that it [...]

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 [...]

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 [...]