TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

New Environmental Act Amendment to Eliminate Condo Abuses

Category: Real estate, Posted:16 Mar 2009 | 14:48 pm

Thailand's National Environmental Board has drafted a revision to the existing Environmental Quality Act, and have submitted it for Gazetting and subsequent implementation. While the current Act aims to control a wide range of property development along with hotel and condominiums there have been recurring abuses in the past. New amendments expand the exiting requirement for hotels or residential developments above 80 rooms to apply for an EIA to more specific language which includes an "or" provision if the gross floor area exceeds 4,000 square meters. High rise projects are also addressed covering any building 23 meters high or a gross floor area of 10,000 square meters and above.
Given the considerably longer and more expensive process of obtaining EIA permits versus the less complex and relatively easy EIE permit, developers have been circumventing the law by applying for EIE permits and showing less then 80 rooms, though gross floor areas which in actual terms are in excess of the 80 room threshold. It's been a timeline fast track commonly used for eager property developers who wish to tighten up lead-time getting into the ground.
As Thailand's real estate market continues to develop into a more internationally benchmarked regulatory process the new amendment is clearly a positive step in the right direction.

Other News

Read more

Direct Hanoi Phuket Flights Commence

Category: Tourism, Posted:20 May 2023 | 12:11 pm Vietjet has kicked off direct flights between Hanoi and Phuket. The airline also operates daily service between the Thai resort island and Ho Chi Minh City. While short-haul regional Phuket is gaining pace, with China gaining traction, long-haul traffic to Thailand remains slower compared to 2019, according to OAG. Thai Airways International’s absence from the […]
Read more

Phuket Hotels Association Online Travel Auction Now Open

Category: Hotels, Posted:14 May 2023 | 09:56 am The annual non-profit Phuket Hotels Association Absolutely Fabulous Online Travel Sale is now up and running. CLICK With nearly 200 hotel travel and dining deals across Thailand, Asia the globe, all proceeds go to the education scholarship fund of PHA. Over 45 Thai hospitality students are now supported by the fund and these are the […]
Read more

C9 Hotelworks and Horwath HTL Release New Bali Hotel and Branded Residences Report

Category: Hotels|Real estate, Posted:28 Apr 2023 | 16:33 pm The resort island of Bali continues to be one of the world’s most desired holiday destinations. Over the past three decades, its resort real estate market has continued to evolve and change. Though, for branded residences, both in the lead-up and period after the global pandemic it has lagged behind other key Southeast Asian leisure […]
SiaJai logo

Thailand's Leading Homecare Marketplace