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Life Property

Housing estate juristic chairman, manager held for bribing officials

  THE JURISTIC chairman and manager of a luxury housing estate in Bangkok’s Bang Khun Thian district were arrested yesterday (Sep. 5) on charges of bribing officials much to the relief of residents who have been living in fear for years with some of them even beaten up, Naewna newspaper said. Pol. Col. Phermwut Pratumrat, […]

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Business Local News Property

99-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 […]

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Business Property

Chinese buying trends still strongly boost residential market: Savills Thailand

  By Nina Suebsukcharoen THE Thai residential market is still being strongly reinforced through Chinese buying trends that added quite significant value all of last year with Thai buying too remaining reasonably consistent in all sectors, Mr. Robert Collins, CEO of Savills Thailand said in an exclusive interview on Tuesday (Mar. 5). While Mainland Chinese […]

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Property

Renowned real estate executive Nigel Cornick launches development partnership in Thailand 

Property expert with THB45 billion track record in completed luxury condominium projects returns to help industry navigate new market challenges and opportunities ONE OF Thailand’s most renowned real estate personalities has established a new development partnership to guide developers and owners through market challenges and allow them to maximise the potential of their assets. Far East Consultants […]

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Local News

Hundreds of motorcycles damaged in severe flooding at Bang Pu Industrial Estate 

  ALTHOUGH floodwater at Bang Pu Industrial Estate in Samut Prakan province had started receding today (Aug. 30) after hours of rain led to a major inundation yesterday, flooding was still waist high at some points while hundreds of motorcycles parked there have been damaged, Sanook.com said. As the floodwater had dropped somewhat this morning, […]

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Property

Virtual real estate plot sells for close to US$1 million

By Channel NewsAsia London – A patch of virtual land in the blockchain-based online world Decentraland sold for more than US$900,000 yesterday (June 17), in a record purchase for the platform, the Decentraland Foundation said. In Decentraland, ownership of virtual land is bought and sold in the form of non-fungible tokens (NFTs). An NFT is […]

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