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NEWS ALERT Thai Property Tax Incentive Not Renewed

Category: Real estate, Posted:25 Feb 2010 | 12:06 pm

One of the Thai Government's leading economic stimulus packages, the property tax incentive will not be renewed according to the Cabinet. Expiring on March 28th SBT (specific business tax) will increase to 3.3% from 0.1%, transfer fees revert to 2% from 0.01% and mortgage fees also escalate to 1% from 0.01%.
Property developers and analysts continue to closely monitor the new land and building tax which is continued to be shrouded in controversy and despite grandfathering in such a large scale which will take a number of years to implement.

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Phuket’s Russian Winter Market Airlift Surge

Category: Tourism, Posted:14 Aug 2022 | 19:39 pm Direct airlift between Moscow and Phuket will resume with flights starting from 30th October. National carrier Aeroflot will offer daily service. Currently,  most Russian travelers fly via the Middle East on Emirates, Qatar, or Etihad. Singapore Airlines previously flew direct to Moscow and connected travelers via a number of flights to Phuket, but suspended services […]
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Global Experiential Hospitality Brand Selina Debuts In Southeast Asia

Category: Hotels, Posted:12 Aug 2022 | 18:12 pm One of the fastest-growing hospitality brands in the world Selina, has opened their first Southeast Asia property in Phuket, Thailand. The 52-key Selina Serenity Rawai Phuket is a conversion of what was previously an independently managed property, and prior to that had been operated by Outrigger Hotels and Resorts. Selina’s DNA is based on local […]
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BDMS To Open Medical Wellness Facility At Laguna Phuket

Category: Real estate, Posted:12 Aug 2022 | 10:27 am The Greater Cherngtalay area in Phuket is set to see a new international-standard medical and wellness facility from leading Thai group BDMS (Bangkok Dusit Medical Services). Located in the middle of the integrated resort development of Laguna Phuket at Canal Village, the offering is targeted at both a growing local and expatriate population and overseas […]
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