thaivest_pages_navigation

Tag Archives | Bangkok Developers

MBK expands into property

The operator of MBK shopping centre in the heart of Bangkok Siam area is turning its focus to property. MBK Plc plans to spend some THB2 billion (US$65.4 million) each year in the coming years to develop retail and property projects in Bangkok and upcountry. CEO Suvait Theeravachirakul said the new business venture will double […]

Continue Reading · 0

Tax benefits questioned

The government’s housing incentive scheme will be unfair to low-income earners and discriminate against buyers of second-hand and self-built homes, which have as big a multiplier effect on the economy as new homes do, say industry executives. Since the incentives do not cover self-built homes, the Home Builders Association wants the government to refund the […]

Continue Reading · 0

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

Pruksa Real Estate Plc, Ariva Hospitality to offer serviced apartments

With an aim to clear unsold units, Pruksa Real Estate Plc has joined with Singaporean serviced apartment operator Ariva Hospitality to offer a rental programme to buyers of its high-end Ivy Thonglor condominium and future units. According to the Bangkok Post, Prasert Taedullayasatit said under the new programme remaining units will be more attractive for […]

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

Investors unconcerned about bubble as Bangkok set to have new tallest tower

Despite fears of a bubble from some experts, Bangkok’s property boom continues and a new 77-storey tower could take over from the Baiyoke Tower as Bangkok’s tallest building. Expected to be completed in 2014, the MahaNakorn’s unique design will surely be a standout on Bangkok’s skyline, according to AFP.

Continue Reading · 0