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Property prices still climbing in most parts of world
The world’s housing markets continue to surge, and the boom now includes Europe, North America, and some parts of Asia. Of the five strongest housing markets in Global Property Guide’s annual survey, three are in Europe. Ireland leads the way with an increase of 10.81 percent. Estonia is second with 8.99 percent, and Iceland is third with 6.19 percent. Hong Kong is the top …
Over the top: Golf in the kingdom
Thailand is poised to topple Spain as the most-visited golf destination in the world. Even by conservative estimates, the number of golf tourists to Thailand in 2015 is expected to cross the one-million figure—over 100,000 more than 2014—which will propel the south-east Asian golf haven to the apex of the golf tourism industry. Not only will Thailand become the first Asian country to do …
Expatriate apartment market in Bangkok is performing well
The single-ownership expatriate standard apartment market in Bangkok is performing well despite competition from rental units in condominiums, according to CBRE, a leading property consultancy company in Thailand. The number of expatriates with work permits in Bangkok grew by 9.5% Y-o-Y to around 79,000, according to statistics from the Ministry of Labour. Most expatriates only want to live in a limited number of areas …
Retreat of the Thai royalty
Its beautiful beaches and old-world charm make Hua Hin in Thailand an ideal family holiday destination Lalit Mohan Unlike other locations in Thailand, Hua Hin makes no pretense about being a nightly hotspot. Its beaches, temples and other attractions make it the ideal family holiday destination. It was actually the first place to come up as a beach resort in Thailand and has been ...Chinese Investors Flocking to Thailand Property Deals
According to Juwai.com’s Chinese Purchasing Intent Index for Thailand, the desire by Chinese to buy property in Thailand has outperformed that of larger countries. Over the past year the Thai Index has soared 180 percent. By comparison, the combined Purchasing Intent Index for the five most popular countries with Chinese buyers in the second quarter of 2015 (the US, Australia, the UK, Canada, New …
Thailand positions itself as a premier golfing getaway
The Tourism Authority of Thailand recently concluded the Thailand Golf Travel Mart 2015 The Tourism Authority of Thailand recently concluded the Thailand Golf Travel Mart 2015. Designed to attract more golfers to Thailand, the event underscored the Kingdom’s rapidly growing popularity as a world-class golfing destination. TAT invited 153 golfers from 27 overseas offices to the Thailand Golf Travel Mart, held between August 4- …
Thailand Gives Go-Ahead for 6 month multiple-entry tourist visa!
Thailand Gives Go-Ahead for 6 month multiple-entry tourist visa available to tourists from around the world In a bid to boost tourism and help get the Thai economy back on track the Thai government will now be granting multi-entry visas to all visitors from any nation. The minister for tourism, Kobkarn Wattanavrangkul said that Prime Minister Prayut Chan-o-cha has given the go ahead for …
Wealthy Thais keep property developers busy in slow economy
Developers issued 54.2 billion baht ($1.55 billion) of bonds in the first half of this year — a record for a six-month period Bangkok: Thai property developers are raising record funds in the domestic bond market to finance high-end residential projects in a stumbling economy that appears to have hurt all but the affluent. Developers issued 54.2 billion baht (Dh5.66 billion, $1.55 billion) of …
Foreigners flock to property
The baht’s pullback and discounted prices offered by property developers have attracted more offshore fund flows into Thai residential projects, says the Housing Finance Association. Higher demand from foreigners in residential projects for investment doesn’t show up in data, as most prefer paying cash instead of taking out mortgage loans when buying real estate in Thailand, said president Kitti Patpongpibul. Demand from local investors …
Retirement in Hua Hin
The strongest endorsement for Hua Hin as a retirement destination is that Thailand’s revered King Bhumibol has made this tranquil resort his home for many years. For expats who share the King’s appreciation of endless beaches, an unspoiled townscape and a traditional pace of life, Hua Hin has few rivals. That said, Hua Hin’s single biggest draw for retirees is probably golf. The choice …
