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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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Women in Hotels – Taking on the World

Category: Hotels, Posted:07 Aug 2020 | 11:50 am C9 Hotelworks and Delivering Asia Communications are hosting a special virtual event titled Women in Hotels – Taking on the World. The one-hour online is event is set for  Wednesday 19 August 2020 at 3:00 pm Bangkok / 4:00 pm Singapore / 9:00 am London. Participation is free. Sign up Ready. Set. Go. It’s 2020 […]
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Phuket’s Pavilions Headed To Palawan

Category: Real estate, Posted:06 Aug 2020 | 11:03 am Phuket born Pavions Hotels and Resorts has inked a deal for a 96-villa luxury resort in El Nido, Palawan, Philippines. The mixed use property will offer one and two bedroom villas and a twenty over-water villas with private pools. A series of hotel branded properties are being sold from USD250-500,000. An opening is expected in […]
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All Zoomed Out. How Collaboration Has Become the Kill Switch of Hotel Creativity

Category: Opinion, Posted:03 Aug 2020 | 09:20 am There is no mistaking the sound of a flushing toilet. It’s not a sudden rainstorm, or the whoosh of a juiced up, flash mob of joggers on steroids passing by on the street. Arguably, it’s a dirty little low-pitched thunder from down under that somehow triggers the gag reflex. Remember Trainspotting?  Welcome to the world […]