Thailand destination guide: Cherng Talay, Phuket through the eyes of its residents

Bang Tao Beach. Image by Pierrick Lemaret via iStock Cherng Talay, now a palm-fringed melting pot for locals, expats, and tourists, was once a well-kept secret, an escape from Patong’s neverending crowds. However, as more and more people settle here, it has quickly become one of the most sought-after areas in Phuket. The beaches remain relatively quiet compared to the busy shores of Patong or...

Need for homes for elderly rises as Thailand becomes aged society

Demand for nursing homes and residences for the elderly has surged as Thailand has entered an aged society, according to results of a survey by the Real Estate Information Centre (REIC) released on Sunday. In Thailand, the number of people aged above 60 years accounts for 20% of the population. The aged population is expected to increase by 4.89% annually. According to the survey, Thailand has 916...

Generation Rent (Condo, Studio)

A visitor scrutinises deals at the May 2024 edition of House and Condo Show. The housing loan growth rate for banks was a modest 0.4% year-on-year in the third quarter this year, according to the Bank of Thailand. (Photo: Varuth Hirunyatheb) With home prices soaring and incomes stagnant, young people are finding it difficult to access mortgage finance, but it is possible with proper financial...

Trump’s policy to drive growth of Thai property sector in 2025

Property consultant confident the expected tariffs on China will push foreign businesses to move their bases to Thailand Thailand’s property sector will benefit from the China + One policy of US president-elect Donald Trump, which experts say will drive foreign firms to shift their manufacturing bases to ASEAN and Thailand to evade tariff walls and boost land sales in the industrial sector next year,...

Condos to Bounce Back

Bangkok's skyline viewed from the King Power Mahanakhon skyscraper in Sathon, a prime business district of the Thai capital. After hitting bottom post-pandemic, Bangkok's condo market is set to rebound next year, with projects in outer areas continuing to perform well as existing stock is depleted because of price reductions by developers. Sumitra Wongpakdee, managing director of property...

A closer look at Phuket’s boom

The iconic palm trees on Laem Phromthep in Phuket. The island's real estate market has been percolating in recent years, but local operators say significant investment in infrastructure is neededThe Phuket property market is expected to prolong its growth after posting another record high this year.However, concerns remain over the island's infrastructure, which needs to be improved to support...

Expats’ demand for luxury condos jumps 8%: CBRE

Wealthy foreigners, mainly Chinese and Taiwanese, think nothing of shelling out 350,000 baht/sqm for a condo Foreigners snapped up 33% of the luxury condominium units sold by CBRE Thailand in the first half of 2024, increasing from 25% recorded during the same period of the previous year, the property agent/real estate consultant said on Monday. The rising demand for luxury condos among foreigners...

Finance Ministry eyes new projects to stimulate property market

Ministry eyes 55 billion baht to fund special loans for low-income persons wanting to buy or build new homes, or repair their existing property The Finance Ministry will seek Cabinet approval for a 55-billion-baht budget to further stimulate the property market as another measure to revive the economy. Deputy Finance Minister Paopoom Rojanasakul said on Thursday that two previous projects worth 38...

Developer increases mall investment in Pattaya as tourism soars

Land and Houses sees tourism potential of resort city, welcomes increase in visitors to Terminal 21 Pattaya mall With the economic potential of Pattaya, a popular resort town in the eastern province of Chonburi, looking bright, giant property developer Land and Houses (LH) has announced an increase in investment in its Terminal 21 Pattaya shopping mall to 5.7 billion baht. The mall opened six years...

Etherhome, the seaview condo in Phuket that wins Asia Pacific Property Awards 2024 – 2025

It’s not easy to stand out in the competitive world of real estate, especially in a booming market like Phuket. But Etherhome Seaview Condo by Eden Home Development has managed to do just that by securing the Asia Pacific Property Award for 2024 – 2025, winning across two prestigious categories: Apartment/Condominium Development Thailand and Residential Development 20+ Units Thailand. These awards,...

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