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Condo demand increasing

Real Estate – The Bank of Thailand has projected higher condominium demand in the second half as consumers move to save travelling expenses. In its May economic and finance report, the central bank reported a stronger real estate market in April as buyers who had delayed their decisions to wait for tax incentives made transactions.

Submitted and Voted for on July 08, 2008 02:45am

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Sales agencies get bullish on resale market

Real Estate – Firms see demand for pre-owned units as purchasing power declines Home-buyers who buy residential properties in Bangkok and suburban areas through resale will benefit from the tax incentives and get 15 per cent to 20 per cent lower prices compared to new residential projects launched this year, according to a survey conducted by The Nation on M

Submitted and Voted for on July 08, 2008 02:43am

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Luxuriating in low-cost living

Real Estate – Designs for homes that save energy and cost just Bt700,000 to build will be available for free It seems too good to be true, but really, you'll soon be able to get an energy-efficient house built for as little as Bt700,000. The Chulalongkorn University Faculty of Architecture will prepare qualified builders to take on the job at this budget

Submitted and Voted for on July 08, 2008 02:40am

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Condo developers shoulder high costs

Real Estate – Condominium developers are facing the dilemma of soaring construction costs and a weaker baht against the dollar. However, since oil prices are driving demand, particularly for city units, they will not be as badly hit financially as they were 11 years ago, an expert said.

Submitted and Voted for on July 08, 2008 02:38am

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Developer waits for new zoning

Real Estate – The property developer Siamnuwat Co Ltd is delaying the launch of a new condominium in the Phaya Thai area pending new planning regulations for the areas surrounding Sa Prathum Palace, according to general manager Tharathorn Aksaranuwat

Submitted and Voted for on July 08, 2008 02:35am

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99 year leases are now needed in Thailand

Real Estate – NOTWITHSTANDING the current problems in Thailand of a super baht, rising prices and continuing political uncertainty, the global trend amongst expat retirees is to buy property in the chosen destination

Submitted and Voted for on May 17, 2008 08:28am

This story has mostly positive ratings. 8 votes / 1 sink

Condo Ownership Right Raised by Thai Government - Purchase Time

Real Estate – There are a few things you need to be aware of before buying a condominium in Thailand. The Thai government has recently modified the rules governing the purchase and selling of condominiums. Earlier, foreigners were allowed to own only up to 40% stake in any condo building.

Sunk on May 15, 2008 01:34am

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Government considers longer leasehold terms

Real Estate – The government is considering allowing greater foreign ownership in property firms and extending leasehold periods beyond 30 years to stimulate the business, according to Finance Minister Surapong Suebwonglee.

Submitted and Voted for on May 15, 2008 01:33am

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50 Swedish Homebuyers Cheated For Millions In Thailand

Real Estate – Up to 50 Swedish families and disabled have been cheated in a property scandal in Thailand. The investors were dreaming about owning a peace of paradise in Bang Phra, but according to the Swedish tabloid Expressen they lost millions of Swedish Kronor in deals with Thai Care, a company dominated by the Swedish citizen Mr. Curt Timhede.

Submitted and Voted for on April 27, 2008 03:00am

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K-Tech to seek bankruptcy protection after B977m loss

Real Estate – K-Tech Construction will seek protection under the Central Bankruptcy Court after announcing net losses of 977 million baht for 2007. The construction company told the Stock Exchange of Thailand in a statement yesterday....

Submitted and Voted for on April 12, 2008 07:21am

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FOREIGN INVESTMENT - Property sector looks set to prosper in 2008

Real Estate – Foreign investors are expected to invest up to Bt70 billion in the Thai property sector this year, following the lifting of the Bank of Thailand's 30-per-cent capital reserve requirement.

Submitted and Voted for on April 12, 2008 07:20am

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Thailand is among the most lucrative markets

Real Estate – Colliers' research predicts a strong year for Thai, Indian and Chinese real estate Thailand, India and China are the most lucrative Asian countries for foreign property investors, says a research report by international property consultant Colliers International Thailand.

Submitted and Voted for on April 12, 2008 07:18am

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Credit crisis to cut global investment 30%

Real Estate – Global direct real-estate investment is expected to drop by at least 30% from the record level of US$759 billion last year due to the decline in American and European markets, according to the international real-estate consulting firm Jones Lang LaSalle.

Submitted and Voted for on April 12, 2008 07:17am

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Buy at Auctions!!!!

Real Estate – N 44th St., Cave Creek AZ 3 Bedrooms/ 2 Baths 2550 sq.ft Built in 1986 ARV: $490,000 Start your bid now. For more information and picture just visit the link below: ht...

Sunk on April 09, 2008 04:58am

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Bid Now before the Auction End's

Real Estate – Ravenwood Ave., Baltimore MD 3 Beds/ 1 Bath 896 finished sq.ft and 450 square ft. unfinished basement Year Built: 1925 ARV: $130,000 COMMENTS: 3 bedroom, 1 bath, 2 level unfinished basement. The house has a baseboard heating system and no central a/c. This is a fixer upper that needs $15,000 to get rental ready. To Do List: u

Sunk on April 09, 2008 04:58am