4 tips to help you buy property right now

It’s natural instinct to delay big spending decisions during times of economic uncertainty. It makes sense on the surface but could actually cost you in the long run. Sellers are more willing to make a deal now and home prices will begin to recover in the coming months. Of course, you can’t simply make a low-ball offer and expect to get the property you’re after. Here are four tips to help you...

Bangkok serviced apartment market stays steady despite greater competition

The Bangkok serviced apartment market remains stable even with these units facing greater competition for condo units. Several prominent Thai developers, including Sansiri and Ananda, have entered the Bangkok serviced apartment market in recent years as they look for ways to increase revenue and create sustainable passive income. However, the future of the segment is now cloudy. According to Colliers...

These Home Maintenance Tasks Cost More Later

Most people maintain a rainy day fund so they can fix things around the house that need repair. But in addition to that rainy day fund, it’s important to keep a home maintenance account so you can proactively address issues before they require repair. Remember the old proverb “A stitch, in time, saves nine?” That can also be translated into financial terms. Perhaps the updated version might be...

A List of Super Easy Ways to Fix Up a Home to Sell

While it is possible to remodel or flip a home on your own, it's often the case that those who attempt to do so end up realizing that they are not equipped with enough knowledge to carry out every aspect of the project independently. This is because flipping an entire house involves many processes and techniques that even the most seasoned real estate industry professionals may not understand. With...

tallest skyscraper in Bangkok

Thailand’s richest man is building Bangkok’s tallest skyscraper

Thailand’s richest man wants to set another record. Billionaire Charoen Sirivadhanabhakdi, via his recently listed property unit Asset World Corp, has his sights on building the nation’s tallest skyscraper. Details are scant -- no official height has been set and completion isn’t expected until 2025 -- but the tower, at the centre of another $948 million project on the banks of Bangkok’s...

What’s Ahead for the Bangkok Property Market in 2020

A supply influx of new office space is on the way while the overall retail industry faces low consumer confidence. But, in 2019, the number of Chinese tourists to Thailand has started recovering, says CBRE, an international property consultant. Bangkok Office Market The office market in Bangkok continues to perform strongly for this, but CBRE identifies challenges that are heading our way in the...

Land and Property Tax Forces Site Owners to Consider Options

The new Land and Property Tax which will be effective from January 2020 onward, is another challenge for the Thai property market. One of the sectors that will be impacted is vacant land. There are still many unused sites in Bangkok. Owners of these sites will have to start paying significant taxes for the first time once the new land tax comes into effect in January next year. Many of these owners...

Tips to getting Your Home Ready for fun and safe Halloween night

As we settle into fall, many of us start looking forward to Halloween. It’s a holiday adults can enjoy as much as kids. But, homeowners do have one serious obligation on this fun night: If you expect trick-or-treaters, you must make sure the path to your door is a safe one. Take no trips Inevitably, some giddy ghosts and ghouls will race excitedly to your door. Be prepared. In the full light of...

What’s It Like Renting a Property in Thailand?

Since formal legislation for rental agreements is not clear-cut in Thailand, existing statutes tend to favor landlords more than tenants. While the contract serves as the binding documents, only the landlord has the privilege to define the terms of rental deposits or call the police to evict tenants. (adsbygoogle = window.adsbygoogle || ).push({}); Terms & Conditions of...

Bangkok land prices plateau, new tax on the way

Land prices in the Thai capital are forecast to plateau, or even drop this year. This would be the first time in more than ten years that Bangkok’s land prices have levelled off. So what is causing the sudden surge in land becoming available? Property and real estate consultants say the changes can be blamed on the general economic slowdown and the Land and Buildings Tax that takes effect early...

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