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Thailand Tables 50 Year Property Lease Term

Category: Real estate, Posted:03 Apr 2017 | 06:00 am

Making news in Thailand are comments by the Finance Ministry that the government is seriously reviewing an extension of  real estate leases to 50 years.

Currently the law restricts foreigners to either own freehold condominiums in 49% in  projects or else take the leasehold route with a 30 year term and renewal option.

One of the key drivers is a measure to stimulate leasehold property sales in the secondary market by creating an  extended term.

For now, as in the past, the property industry remains cautiously optimistic over the news.  

Other News

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Thai Group Chatrium Inks Niseko Deal

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Design Re-Invention. Hotel Interiors – Re-Imagining Spaces

Category: Hotels, Posted:05 Jul 2020 | 13:59 pm Catch Volume 6 of C9 Hotelworks and Delivering Asia Communications Design Re-Invention series. The virtual event will be on Wednesday 15 July, 3:00 pm Bangkok | 4:00 pm Singapore time. Sign up Hospitality today is about to enter a new cycle which has been accelerated by the current global crisis. This important virtual event is a […]
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It Takes an Island: Sustainability and the New Traveler

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