Foreigners bought fewer units in 2021, but spent more, survey finds

A recent survey by the Government Housing Bank’s Real-Estate Information Centre (REIC) found that though fewer properties in Thailand were bought by foreigners last year, the value of the units they bought was significantly higher. According to the survey, a total of 8,198 units were sold to foreigners in 2021, marking a 1.1 per cent drop from 8,287 units sold the year earlier. However, the value of the units bought by foreigners rose 5 per cent year on year to 39.61 billion

Bank of Thailand eases mortgage rules to support property sector

The Bank of Thailand has further eased rules on mortgages to boost a key property sector struggling from the impacts of the pandemic, officials said on Thursday, sending property shares higher. The loan-to-value ratio limit has been lifted to 100% from 70-90% until end-2022 to increase activity in the real estate sector, which will take years to recover, officials said. The rules were effective on Wednesday. "Uncertainty remains high and some sectors are still fragile, so mea

Investing in Thailand Property: The Ultimate Guide

A greater number of foreigners buy property in Thailand than in any other country in Asia. There are several reasons why Thailand is the most popular choice among real estate investors worldwide. Located in the heart of Southeast Asia, Thailand shares borders with four other nations and thus has served as a regional business hub for centuries. Thailand’s strategic location made it an ideal buffer zone between colonial France and Britain during the 19th century. In turn, Thail

Market Outlook for Thailand’s Real Estate Shows Potential Recovery for 2022

Market Outlook for Thailand’s Real Estate Shows Potential Recovery for 2022 As many people already know, due to the impact of the global economies on various industries, the real estate market has suffered significantly as well. This has led to a surplus in properties that are being sold/rented at a relatively low price, below market value, leading to buyers benefiting from this situation. While it is true that many buyers have delayed, postponed, or even stopped their buying

3 Easiest Places to Start Investing in Asia

Investing in Asia isn’t always easy, and some countries love making things hard on foreign investors. Generally speaking, Asia’s emerging economies have immense growth potential and are open for business. Yet unreasonable levels of bureaucracy and corruption are still common in a few places. That shouldn’t stop you from buying stocks or real estate in Asia though. The region is home to over half the world’s population, and can help diversify your assets unlike any other part

Buying a Condo in Phuket: The Ultimate Guide

If you want to own real estate on a Southeast Asian resort island, then Phuket might be near the top of your list of possible locations. Buying a condo in Phuket is something that thousands of foreign investors have done. Diversification of manufacturing supply chains toward Southeast Asia is leading many adjacent countries to benefit as they receive capital inflows from otherwise unexpected sources – including Thailand. The “Land of Smiles”, is one of the most popular travel

Freehold vs. Leasehold Property Ownership in Asia

I’ve mentioned many times before that buying property in Asia can be complicated as a foreign investor. When buying your first condo in Bangkok or a villa in Bali, you’ll have to overcome more than just linguistic and cultural barriers. You must also contend with local property ownership laws and customs that are often unheard of in the West. One of the most common issues that you might encounter is the idea of leasehold vs. freehold ownership. Certain places don’t allow fore

How Much Land and Building Tax in Thailand, Do We Pay in 2021?

The government has announced a resolution to reduce the land and building tax rate in 2021 by 90%, and will only collect 10% of the actual tax rate for agriculture, housing, commercial and other industrial land use, and unused/vacant land. Land for Agricultural Uses or Agriculture If the owner is an individual, the first 3 years from 2020 to 2022 will be exempt from taxation. However, if the owner is a juristic person, they must pay tax at the rate of 0.01%. For example, if a

17 Best Indoor Trees (and Tropical Plants) to Grow in Your Living Room

Plus, tips for keeping them alive and well for longer than one second All products featured on Architectural Digest are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission. Not much can cause your shoebox of an apartment to feel like a lush, tropical paradise than indoor trees. A few things are non-negotiable to keep so grand a specimen alive and well—namely, tall enough ceilings to house it comf

7 Amazing Real Estate Related Shows You Can Watch on Netflix

Looking for new entertaining shows to watch on Netflix, or you're a new and prospective real estate agent, maybe you can try these 7 amazing real estate related shows! You might catch up on some of the latest trends or even learn some new trade tricks in the end ;) 1. Tiny House Nation Renovation experts and host John Weisbarth and expert Zack Giffin travel around the U.S. to help families prepare for lives in tiny homes with hyper customization. 2. The World’s Most Extraordi

Bitcoin Versus Real Estate: Which Investment Is Better For You?

Two popular investment avenues, real estate and bitcoin, have been making waves in today’s market. When it comes to these opportunities, it can be difficult to discern which is the wiser investment choice for you. Both have benefits and, like all investments, carry risk. If you have been considering these assets and are looking to select the option that’s a good fit for you, let’s examine the pros and cons of each investment. Keep in mind before making any investment decision

ทำอสังหาริมทรัพย์ ควรรู้กฎหมาย

กฎหมายอสังหาริมทรัพย์ มีความจำเป็นอย่างมากต่อการทำธุรกิจฯ ไม่ว่าจะเป็นการสรรหาที่ดินมาเพื่อพัฒนาโครงการ การซื้อมา-ขายไป ล้วนแล้วแต่ถูกจำกัดด้วยข้อกฎหมาย เช่น กฎหมายสีผังเมือง แนวเวนคืน กฎการก่อสร้างอาคาร การควบคุมอาคาร ขอบเขตระยะร่น รวมไปถึงการล่วงล้ำอาณาเขตบริเวณ ข้อกำหนดการใช้ที่ดิน และข้อบังคับต่างๆที่มีผลกระทบต่อมูลค่าทรัพย์สิน หากผู้ประกอบการ หรือนักลงทุน ไม่ศึกษาข้อมูล ตรวจสอบข้อจำกัดด้านกฎหมายอสังหาริมทรัพย์ อาจจะทำให้ที่ดินที่ได้มา ไม่สามารถสร้างประโยชน์ได้อย่างเต็มที

ไขความลับ “CBD กรุงเทพฯ” ทำเลทองที่นายหน้าต้องคว้าเอาไว้

ว่ากันด้วยเรื่องการค้าขายอสังหาริมทรัพย์ทั้งแนวราบและแนวดิ่งในพื้นที่กรุงเทพมหานคร หลายคนที่ไม่ได้อยู่ในวงการนี้หรือแม้แต่นายหน้ามือใหม่เอง อาจจะรู้สึกว่าเป็นสินค้าที่น่าจะขายได้ยาก เพราะมีราคาสูง แต่ความจริงแล้วลูกค้าที่พร้อมจ่ายนั้นมีอยู่ไม่น้อยเลยทีเดียว เพียงแค่ต้องมีทักษะในการเลือกทำเล เพื่อทำให้อสังหาริมทรัพย์ในมือเรากลายเป็นที่ต้องการของตลาด ซึ่งทำเลทองที่ต้องห้ามพลาดเลยก็คือ “พื้นที่ CBD กรุงเทพฯ” ที่มีความเจริญเติบโตทางด้านเศรษฐกิจสูงกว่าพื้นที่อื่น ถ้าไม่เคยจับงานด้

Bangkok land price index drops 2.2% in first quarter

The land price index in greater Bangkok recorded a quarterly drop in the first quarter this year for the first time since the index began in 2012 due to the impact of the pandemic, according to the Real Estate Information Center (REIC). Vichai Viratkapan, REIC's acting director-general, said the quarterly decrease in the land price index in greater Bangkok in the first quarter of 2021 followed a year-on-year decline of 13.3% in the number of land transfers in the fourth quart

50 Advanced English For Real Estate Terms.

You might want to take a look at some videos online to hear different conversations using English for real estate agents. The truth is that real estate agents are known for their way with words – and being able to describe horrible small places in a way that makes buyers think about them in a different light. However, there is some important terminology that estate agents need to be aware of in English. It is crucial that you only use this vocabulary in the right setting and

วิธีการประเมินค่าทรัพย์สิน Property valuation

สำหรับการ “ประเมินมูลค่า” หรือ “การประเมินค่าทรัพย์สิน” ความรู้วิธีการดังกล่าว จะช่วยให้เราสามารถตัดสินใจเลือกซื้อ-ขาย หรือลงทุนในทรัพย์สินได้อย่างมั่นใจยิ่งขึ้น วันนี้เรานำความรู้เกี่ยวกับ “วิธีการประเมินค่าทรัพย์สิน” มาฝากกันนะครับ เราตีค่าทรัพย์สินไปทำไม ? ในยุคสมัยนี้ การวิเคราะห์มูลค่าอย่างถูกต้อง โปร่งใสเป็นธรรม มีความสำคัญยิ่ง ไม่ว่าจะเพื่อการซื้อ ขาย เช่า ร่วมทุน เวนคืน คิดภาษี หรือแม้แต่การแบ่งแยกกองมรดกอย่างเป็นธรรมแก่ลูกหลาน ฯลฯ ในการประเมินค่าทรัพย์สินทั่วโลก มีว

"Some Thai Real estate vocabulary you need to know before you buy one" Part One by AARE

“Rai”, “Ngaan”, “Talangwah” - You might have heard or read those words when you are surfing around in Thai real estate websites as those are three major land measurements used but what do they all mean? and how to convert them to international standard measurements. “ ไร่”, pronounced [râj] is a unit of area. How do you measure “Rai”? 1 rai equals to ; 1,600 square meters, 16 are , 0.16 hectares , 0.3954 acres , 4 ngaan , 400 talangwah. “ งาน”, pronounced [Ngân

How interior design is reshaping real estate

If you’re looking for a marker of how closely intertwined real estate and interior design have become over the last two decades, watch the 1988 movie Big. There’s a scene in which Tom Hanks—playing a 12-year-old boy who has been zapped into a man’s body—checks out an empty shell of a SoHo loft for rent. (Spoiler alert: He snaps it up, and fills it with toys.) If the movie were made today, much would be different. For one, it’d be Ryan Reynolds instead of Hanks. For another, h

Feng Shui Home Tips 2021: What is feng shui, how is it applied?

Feng Shui Home Tips 2021: What is feng shui, how is it applied? Feng shui decoration guide: Feng shui living room, bedroom, kitchen & garden ideas. Beyond being a popular word for home decor, feng shui is a great and practical way to attract positive energy into your home. You should definitely try feng shui home tips to create a happy, healthy and peaceful environment by filling your home with life energy and to add healing to your life ! Your home is your reflection. A

Investing in Thailand - which sectors to invest in?

Investing in Thailand - which sectors to invest in? The new investment policies encourage foreign investors for sustaining economic growth. The new framework comprises of a blend of merit and non-tax incentives, elimination of zoning limitations applicable to foreign investors, and other benefits. The application of these new investment policies will have a positive result over investment choices for Foreigners. All of these new policies intended to promote investment opportu