Thailand

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Shama chosen to operate new luxury service Bangkok residence.

Colliers International has appointed Hong Kong-based specialised serviced residence operator Shama to operate a luxury service residence that is set to open in Bangkok early in 2010. Full story

New investment projects in Thailand are expected to become reality late next year.

New investment projects in Thailand are expected to become reality late next year.
New investment projects in Thailand are expected to become reality late next year or early in 2011 as long as the ongoing political turmoil and the Mab Ta Put problem are effectively addressed, according to Thai Chamber of Commerce (TCC) chairman Dusit Nonthanakorn. Full story

Consumer confidence returns to Bangkok condo sector.

Consumer confidence in the Bangkok condominium sector is improving, judging by the significant interest generated by presales at two new planned developments in the Thai capital. Full story

Owner’s death raises questions over future of property firm

Prime Nature Group may face hard times after its chairwoman, Sunattee Nerng-chamnong, was shot dead on Sunday, real estate industry sources said yesterday. Full story

ERA keen on second homes

The recovering Thai economy is likely to stimulate property sales, prompting the real estate brokerage ERA Franchise (Thailand) to expand into resales and rentals of second homes and resort units in tourist locations. Full story

One in twenty Brits plans Thai retirement

By the time they retire, the British have definitely had enough of their homeland – and those adventurous enough to skip Europe are picking Thailand, according to a survey by Alliance & Leicester International. Full story

Investor buys eight penthouse units at Sathorn condominium development

Investor buys eight penthouse units at Sathorn condominium development
Confidence is returning to the Bangkok condominium market, underlined by the recent sale of eight penthouses at one development to a single investor. Full story

Former textile importer behind new Bangkok development

A former textile importer is behind the latest high-end condominium project to launch in Bangkok. Full story

Use of nominee companies to buy property is “against the spirit of the law”

Use of nominee companies to buy property is
Even though it is not possible for a foreigner to secure direct freehold title of land in the Kingdom of Thailand, buying a property in the name of a shell company made up of nominee shareholders is a common way to make such an acquisition. Yet, the ease at which overseas buyers can apparently circumvent the law has always been contentious. Full story

New luxury condo project planned for Pattaya

New luxury condo project planned for Pattaya
The Daika Estate Company has announced its plans to expand its development in Pattaya with a new condominium project planned to commence in the first quarter of 2010. Pattaya, the 3rd of December 2009 : The Daika Estate Company which is the property development arm of the Daika Group has announced that it will ... Full story
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