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New EIA Development Guidelines In December

Category: Real estate, Posted:28 Oct 2009 | 05:44 am

In a circular by Thailand's Ministry of Natural Resources and Environment revised guidelines for EIA (Environment Impact Assessment) will come into effect at the end of December. As per leading law firm Mayer Brown JSM key revisions are on developments including marinas, condominiums and hotels and buildings.
Changes in the new guidelines for marinas require an EIA for any project with a capacity over 50 vessels or in an area of 1,000 square meters and above. For condos and hotels whereas the old specification was based on total room counts, the new rule covers both number of rooms and usable area. An EIA will be requisite for 80 rooms and over or an aggregate usable floor area of 4,000 square maters and above.
Buildings that have a height of 23 meters and upward or total usable floor area of 10,000 square meters. Location and purpose now have been expanded to cover retail and wholesale businesses, office and if the location is in the coastal area, national park, historical park or river/lake.
The new rules include a notification clause for Phuket and Pattaya, which means additional or varying rules, may be applied. Bottom line remains the permitting process while coming more in line with acceptable international standard remains subject to interpretation and somewhat discretionary under local administrations as in the case of Phuket.

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MIRA Valley Phuket Preview Sessions This Friday

Category: Real estate|Tourism, Posted:22 Apr 2024 | 07:28 am Catch this special event this coming Friday 26th April with a special preview of the new MIRA Valley master-planned community in the heart of Phuket, Manik. This is an amazing opportunity to acquire a development plot in a larger high-quality community. This will be of special interest to property developers looking for land parcels, investors. […]
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New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
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Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
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