Exciting News for Foreign Condominium Owners in Thailand! The Thai government has announced a major change that will benefit foreigners owning condominiums in Thailand. Deputy Prime Minister Phumtham Wechayachai recently revealed a proposal to increase the maximum foreign ownership limit in condominiums from 49% to 75% of a building’s usable space. This change could significantly impact...
Phuket Real Estate Investment Hits 100 Billion Thai Baht as Foreign Interest Soars Phuket’s real estate market has reached an impressive 100 billion Thai Baht in investment value. The province is attracting increasing numbers of foreigners interested in both living and investing, driving a booming property market. However, these figures may evolve as the market continues to develop. Phuket's Economic...
Residential Business Insights in 6 Key Provinces: Key Highlights from the Executive Summary **The report, validated by Thai Bank, contains several interesting insights about the Thai economy and business. Continue reading for more details. Residential Business Outlook in 6 Key Provinces (2023-2025) From 2023 to 2025, the residential business in six key provinces is set to gradually recover,...
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