Deputy Prime Minister and Finance Minister Mr Surapong Suebwonglee gave a lecture under the title “The Government’s policies and the Real Estate Sector for the Betterment of Thailand’s Economy in 2008” on Wednesday morning.
During his speech, Mr Surapong expressed confidence that several policies to be implemented by the government will boost the country’s overall GDP growth by another 0.2-0.3 per cent on top of the initial forecast of 5.5 per cent for 2008.
Friday, March 28, 2008
Monday, March 24, 2008
A need for real estate authors from Thailand
Hi, its Tam Tree, hope you like the Thailand real estate news blog.
I need real estate authors from Thailand to help me coverage the areas of Ko Samui and Phuket.
Please send email if you like to participated in this effort. Thanks a lot !
tamtree@gmail.com
I need real estate authors from Thailand to help me coverage the areas of Ko Samui and Phuket.
Please send email if you like to participated in this effort. Thanks a lot !
tamtree@gmail.com
Thursday, March 20, 2008
Modernizing the deadly sins to protect gullible property buyers in Pattaya
The new government has just passed a new law to protect all property buyers by introducing the “Escrow Account Systems”. The commercial banks will be permitted to undertake “Escrow Account Business”. The advantage for the property buyer in using an escrow account is to protect the down payment. If the buyer outs the down payment in an escrow account, the developer cannot use that money until the developer fulfils certain conditions of the escrow agreement.
If the project is not completed within the time schedule, the bank who is the escrow agent will return the money to the buyer. Most developers will hate this new law because the down payment will go to the bank not the developer. The buyer will not have to sue the developer in the Court of Justice which will take more than a year.
This new law will boost the confidence of foreign property buyers in Pattaya. It will be beneficial to all of us who will live and die in this city of devil and deep blue sea.
If the project is not completed within the time schedule, the bank who is the escrow agent will return the money to the buyer. Most developers will hate this new law because the down payment will go to the bank not the developer. The buyer will not have to sue the developer in the Court of Justice which will take more than a year.
This new law will boost the confidence of foreign property buyers in Pattaya. It will be beneficial to all of us who will live and die in this city of devil and deep blue sea.
Monday, March 17, 2008
Thailand is currently one of the best countries in the world to make a property investment profit
Especially profitable are resort properties on Thailand's islands like Koh Samui, and Koh Phangan and even the mature market of Phuket still has fight left in it. In fact people who bought a property on Samui and Phuket two years ago have sold recently for a 100% profit.
Phuket was popular before Koh Samui and as a result you won't get a resort villa there for very much under £500,000. With its world class white sandy beaches, tropical climate and in-land jungle, Phuket has become the place where the rich and famous buy their holiday homes.
Phuket was popular before Koh Samui and as a result you won't get a resort villa there for very much under £500,000. With its world class white sandy beaches, tropical climate and in-land jungle, Phuket has become the place where the rich and famous buy their holiday homes.
Thursday, March 13, 2008
Phuket Real Estate’s Most Popular Concept
Nestled atop the hillside above Kata Beach, just a short drive from the white sandy beaches and charming sea-side village of Kata, The Heights Phuket showcases stunning views of the Andaman Sea. With easy access to world-class amenities and recreational choices at your discretion, experience the luxury of complete island living, all from the comfort of one of Phuket's most exclusive residences.
One-2-Property is your portal to your dreams of living in the real natural beauty on Phuket Island, Southern Thailand.
One-2-Property is your portal to your dreams of living in the real natural beauty on Phuket Island, Southern Thailand.
Sunday, March 9, 2008
Why Phuket Real Estate ?
When planning a Phuket holiday choose both your season and your beach very carefully. Each of the island's beaches is quite different in atmosphere and density of hotel development. Below we list all major beaches, starting with the most densely populated, moving through to beaches with little or no habitation. First choose your beach, then look for a suitable hotel.
Phuket is just 8 degrees from the equator, helping make the Andaman Sea especially calm compared to oceans in the colder climates where the spinning of the earth creates regular trade winds, and rough ocean conditions. The waters of the Andaman are warm all year around, averaging about 28 degrees Celsius even during the northern winter months when Phuket is at its best. This is the high' season - November to April - when the Northeast winds are light, often leaving the island's entire western shore as calm as a swimming pool, and as clear.
Phuket is just 8 degrees from the equator, helping make the Andaman Sea especially calm compared to oceans in the colder climates where the spinning of the earth creates regular trade winds, and rough ocean conditions. The waters of the Andaman are warm all year around, averaging about 28 degrees Celsius even during the northern winter months when Phuket is at its best. This is the high' season - November to April - when the Northeast winds are light, often leaving the island's entire western shore as calm as a swimming pool, and as clear.
Wednesday, March 5, 2008
Luxury Condominiums In Bangkok
Bangkok's luxury condominium market will become more active this year and the new supply will continue to be limited, according to leading international property consultants CB Richard Ellis.
The high-end and luxury markets, which faced a slight slowdown in 2007 mainly due to the low market sentiment, will become more active in 2008. Last year, the main focus in the Bangkok condominium market was in the mid-range market where projects are located close to the skytrain or other mass transit system. This segment will continue to grow and become more competitive.
The high-end and luxury markets, which faced a slight slowdown in 2007 mainly due to the low market sentiment, will become more active in 2008. Last year, the main focus in the Bangkok condominium market was in the mid-range market where projects are located close to the skytrain or other mass transit system. This segment will continue to grow and become more competitive.
Monday, March 3, 2008
land for sale in Phuket
If you have made the decision to buy land for sale in Phuket, there are many ways to set about finding the right plot. First of all, you should decide where you want the land and what you will do with it. Almost all the beach front land on the west coast of the island has been bought and developed, and any parcels that have not are so outrageously priced that even very high-end developers are giving them a miss. Currently, the east coast of Phuket is being developed at such a rate that it will rapidly catch up to the west coast but there are some good land parcels that have not been snapped up yet.
The east coast of the island is covered in mangroves and has only a few scattered beaches. However, this coast opens onto the sheltered Phang Nga Bay, which offers year-round sailing that the west coast cannot. For this reason, all but one of the marinas on the island are located on the east coast. While the area is not as busy with nightlife glitz and shopping, it is expected to explode with amenities in the near future as more developers move in.
The east coast of the island is covered in mangroves and has only a few scattered beaches. However, this coast opens onto the sheltered Phang Nga Bay, which offers year-round sailing that the west coast cannot. For this reason, all but one of the marinas on the island are located on the east coast. While the area is not as busy with nightlife glitz and shopping, it is expected to explode with amenities in the near future as more developers move in.
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