Condo residents fuming – still unable to return 2 months after quake
RESIDENTS of a 900-unit condominium in Chokchai Ruammit area are furious with their juristic person because even though two months have passed since the big earthquake on March 28, they are still unable to live in their homes, Amarin TV said today (May 28). Popular web page, whose Thai name translates to “If You […]
Read MoreUkrainian woman arrested at Phuket airport for trashing luxury condo unit
A YOUNG Ukrainian woman who attracted the attention of Thai netizens after photos of a luxury condo unit she had damaged over the return of 32,000 baht deposit spread online was arrested at Phuket Airport today (May 10) just as she was about to fly overseas, Thai Rath newspaper said. Pol. Col. Somsak Thongkliang, […]
Read MoreChinese capitalists gradually removing daily-rental condo keycard boxes
AFTER a netizen highlighted that there are boxes installed throughout the city holding keycards to condos illegally rented out on daily basis, Amarin TV news team found out that the Chinese capitalists running this business have steadily removed many of them. Drama-addict Facebook page had posted photos of some cabinets holding combination lock boxes […]
Read MoreAstonishing sign offering to buy haunted houses put up in Rayong
MOTORISTS driving along a road in Rayong were shocked to see a sign saying two persons whose names and telephone numbers were clearly stated wanted to buy haunted houses, Naewna newspaper said this evening (Nov.21). This mysterious sign became the talk of the town after a 48-year-old man, only identified as Uncle Kai, spotted […]
Read MoreThousands protest in Portugal over surging house prices and rents
By Reuters and published by Yahoo!News Lisbon – Thousands of people took to the streets of Lisbon and other cities across Portugal on Saturday (Sep. 28) to protest against soaring rents and house prices, as frustration mounts over a crisis that has priced many out of the housing market. Demonstrators carried posters showing slogans […]
Read More99-year land lease to foreigners, digital wallet scheme will harm the country: Jatuporn
A FORMER MP/Red Shirt leader Jatuporn Prompan warned that allowing foreigners to lease land for 99 years because they have so requested would only benefit real estate companies that are unable to sell 1.3 million condo units, TV Channel 7 said today (July 12). Prime Minister Srettha Thavisin recently moved to relax property regulations […]
Read MorePM defends easing property regulations for foreign buyers
PRIME Minister Srettha Thavisin today (June 23) defended relaxing regulations to allow foreigners buy up to 75% of condominium unit space and increase property lease to 99 years pointing out this is prevalent in other countries too with there being no impact on the country, Thai Rath newspaper said. Amid criticism that this move […]
Read MoreGovt looking at letting foreigners buy up to 75% of condo unit space
THE INTERIOR Ministry is studying the easing of real estate laws to allow foreigners to buy up to 75% of total unit space in condominium buildings, up from 49% at present, in an effort to stimulate the economy, Naewna newspaper said this afternoon (June 21). Officials are also looking at extending property lease period […]
Read MoreForeigner arrested on illegal land trading charges
A FOREIGN MAN on the run after being slapped with charges of illegal land trade in Phuket and Surat Thani has been arrested in Pattaya, Naewna newspaper said last night (Mar. 15). The wanted foreigner, only identified as Mr. David, 58, from the USA, was taken into custody in front of Jomtien Hospital in […]
Read MoreBuilder Italian-Thai Development flags cash flow issues, seeks bank loans
By Reuters and published by CNA THAILAND’S largest builder Italian-Thai Development is negotiating with banks for new loans due to cash flow issues that have prompted it to make partial salary payments, the company said yesterday (Mar. 13). Italian-Thai Development told the Stock Exchange of Thailand that revenue from construction projects remained smaller than […]
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