Tag Archives: Thailand Property

The French Embassy in Bangkok has sold its property holdings on South Sathorn Road to City Virtue Limited, as the French government is moving all Embassy operations to a new facility .

Property developers believe the new government's policies offering special financial packages for first-home buyers will create growth in the property market, but they are waiting to see what conditions might be imposed with the new deal.

As the dust settles on Pheu Thai’s landslide victory, the political situation in Thailand has become clearer but the economic situation for the property sector is still ambiguous.

Colliers Thailand has announced the sale of the former Embassy of Japan to Singha Property Development and Max Future Co, both wholly-owned subsidiaries of Boon Rawd Brewery which produces Thailand’s famous Singha Beer.

Asian are expanding their investment in Thailand's property market, both in Bangkok and upcountry, as prices here are still lower than elsewhere in the region and because the Asean Economic Community (ABC) will come into full effect in 2015.

Land prices in Bangkok have surged following the Treasury Department's first review in eight years, with significant increases in Yaowarat, Silom, and Phloenchit roads affecting land taxes.