thaivest_pages_navigation

Tag Archives | Bangkok Condos

Tax deductions for up to half a million baht

Tax incentives for first-time home buyers will be submitted for the Cabinet’s approval today, Finance Minister Thirachai Phuvanatnaranubala said yesterday. He said the tax package would be expanded to cover homes priced up to Bt5 million, instead of Bt3 million as previously planned, because the government wanted to provide tax incentives for those seeking homes […]

Continue Reading · 0

Uncertainty among Thai property developers

Rising construction prices and uncertainty over the government’s housing policy may affect the real estate sector significantly worry property developers. Thailand’s business outlook is generally bright due to high consumer confidence in the second half and the real estate sector will remain active as developers launch a number of new projects, but Therdsak Theveeteeratham, a […]

Continue Reading · 0

Top End condo prices keep rising

Real-estate firm points to increased land, construction, labour costs Real-estate services firm Jones Lang LaSalle believes that prices for top-end condominium units in Bangkok will rise further, despite strong competition. This is because developers are well capitalised and remain confident that rising development costs and product quality justify the higher prices. Although foreign interest has […]

Continue Reading · 0

Bangkok’s ‘farangs’ target lower and mid-priced properties

While the luxury real-estate market in Bangkok has fallen for the second quarter of this year due to the global market turmoil, the recent extension of the Thai capital’s skytrain lines is opening new investment options for expats. The market jitters and fears of a looming ‘double dip’ have fueled a trend to ditch the […]

Continue Reading · 0

Developers oppose city plan

Bangkok has a new city plan designed to make the capital more liveable with a smoother traffic flow and faster fire response. However, developers are uneasy with some of the changes, which they complain will force low- and middle-income earners to live outside the city. The main disagreement voiced by some members of the Housing […]

Continue Reading · 0

Baan Ua-Athorn cheap housing scheme set to expand

The National Housing Authority (NHA) will propose in the coming weeks that the Social Development and Human Security Ministry expand the Baan Ua-Athorn low-income housing scheme’s target from 285,000 to between 385,000 and 485,000 units. The request supports the new government’s policy to provide housing for poor people nationwide, NHA governor Vitoon Chaisakul said after […]

Continue Reading · 0

Bangkok rentals may pick up

Of all the real estate agents I have met over the years, Alastair Hughes, Jones Lang LaSalle’s CEO for Asia-Pacific, appears the most forthright and best informed about fast changing events reshaping global markets. Confessing that “even the experts have difficulty in predicting what would happen in the next six months”, he fears that that […]

Continue Reading · 0