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PROPERTY INCENTIVES Eyes On March Tax Expiration

Category: Real estate, Posted:23 Feb 2010 | 06:00 am

Industry insiders in Bangkok are speculating that Thailand's Finance Ministry will push forward for approval of the current property incentives before the March expiration date. While it appears doubtful the tax deduction for purchasers which expired last year will be reinstated, the key issue continues to be the significantly lower transfer tax regime.
While the looming deadline is continued to fuel transactions, the industry at a whole is still looking for broader liberalization for longer leasehold terms and changes in the Thai/foreign quotas on condominiums. While foreign freehold condos and some projects seeing high domestic ownership are fueling the market, the leasehold or Thai entitlement units pose concerns for developers looking to fully sell out projects.

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Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
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Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
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Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]