Property
Venture into Thailand’s thriving property market. Explore top real estate opportunities, ranging from luxurious villas to cosy apartments. Stay informed about the latest property news, trends, and legal updates essential for investors and homeowners alike with our news. Whether you’re seeking property in Bangkok, Phuket, or beyond, our articles provide real estate insights and listings.
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By The Book: The British love affair with Phuket
PHUKET: For a long time, the British have been coming to Phuket on vacation, for their retirement, and to set up businesses here. For a lot of Brits coming from aboard, Phuket is an attractive location for a holiday home or investment property, and UK buyers have established themselves as a permanent segment of the island’s property market. For the…
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Supicha targets locals with Sino style
PHUKET: Local developer Supicha Property is set to begin construction of a mixed-use commercial and residential development near the British International School (BIS) in Koh Kaew in December. The construction company has sunk 300 million baht into the Supicha Sino Koh Kaew project, situated on eight rai opposite the international school in Koh Kaew and backing on to a lake.…
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Property Watch: Hiring a property expert
PHUKET: Sometimes the obvious is worth pointing out, because the obvious is very often overlooked or ignored. For example, driving safely reduces road accidents, injuries and deaths, so it is something worth repeating, over and over. Similarly, if you are looking for information on property investment in Thailand, then look to proven experts with a track record of success as…
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Property Inspector: Preventing mold growth in your home
PHUKET: Phuket seems to be the mold capital of the world. We all battle the mold. It surrounds us 24 hours a day in the form of spores in the air and those that have settled onto every surface inside a home. These spores are time bombs waiting to go off. In almost all instances, they already have two of…
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Listing your property on social media
PHUKET: During the green season in Phuket, most real estate brokers spend their time listing new properties to boost up their listing stock ahead of the high season. Good & varied listings across the market segmentation of the property market are ideal to appeal to a wider spectrum of clients. Property listings need not necessarily be large in numbers, but…
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Banyan Tree launches new luxury villas
PHUKET: Banyan Tree Hotels & Resorts launched ‘Angsana Villas Resort Phuket’ as an addition to the Angsana family on August 1. It was rebranded from the former Outrigger Laguna Phuket Resort and Villas. The resort has 48 villas and suites, with all rooms featuring living areas. Guests can opt for one, two and three-bedroom suites or three and four-bedroom villas…
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By The Book: Pricing your property accurately
PHUKET: When listing your property for sale, one of the most important things to do is establish an asking price. As the seller, you don’t want to set the price too low and miss out. Equally, you must not price too high as you can put off potential buyers. The first step to correctly pricing a property is to have…
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Movenpick Karon certified as Asian leader in sustainability
PHUKET: Movenpick Resort & Spa Karon Beach Phuket was named Asia’s top performer in certified sustainable practices by Green Globe, an industry renowned certification body. Green Globe’s 2015 report on Movenpick Hotels & Resorts revealed that the Karon-based resort has an overall compliance score of 86 per cent, while the group’s overall average compliance score is 84 per cent, 2.5…
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Modern loft-style villas launched in Chalong
PHUKET: A new residential project was launched in Chalong last month, revealed Wanthwa Phuengchai, marketing manager of the Phuket Exclusive Development Company Limited. The project will be called Aticha Villa Town, and will be suitable for residents who want to live in Phuket in a modern, loft-style villa, close to the amenities of urban living, but within the atmosphere of…
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Light up your bathing experience
PHUKET: Many of the villas I have inspected have had one light for a good size bathroom, no wonder we guys miss the toilet so often. If you’re updating, there are many wonderful options. When you visit a lighting supply house you may get a headache from the mind-numbing task of looking at all of the delightful lighting fixtures. To…
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B9mn allocated for pier improvements
PHUKET: A budget of 9 million baht has been allocated to spruce up Chalong Pier with plans to improve facilities for the hundreds of tourists who visit the ferry point daily. Transportation Division Chief Prasit Yotharak of the Phuket Provincial Administrative Organization (PPAO) said last week that renovation plans include more seating, more toilets, shower stalls and a Muslim prayer…
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Across the land: Expats hit by Brexit fallout
PHUKET: Two days after the United Kingdom held a referendum to leave the European Union (EU), now famously known worldwide as ‘Brexit’, the global financial markets suffered US$3 trillion in paper losses. The aftermath is eerily quiet. The consequences of Brexit will unfold in the coming months and years ahead, and they will be far-reaching. Good or bad, they will…
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Property Watch: Implications of Condo Act and Hotel Act for Phuket
PHUKET: It can be completely legal to operate a hotel in a condominium, but there are lots of laws, regulations and requirements to comply with and meet. Recently, there has been controversy stirred up by announcements of enforcement of existing laws where unlicensed and non-compliant hotel operations are being thrown out of condominiums. I note it is often those who…
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By the book: The market is ripe for the picking
PHUKET: “The time to buy is when there’s blood in the streets.” – Baron Rothschild. “You pay a very high price… for a cheery consensus.” – Warren Buffett. While there certainly isn’t blood in the streets here in Phuket, the property market remains slow with a consensus to wait on the sidelines. A faltering global economy, the weakness of the…
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Land & Houses brings new residential project to Koh Kaew
PHUKET: Property developer Land & Houses has opened new doors for families in Phuket with the residential development ’88 Land & Houses Koh Kaew’. Construction of the gated community is set to be completed by 2018. About 50 per cent of the 140 units have already been sold and new owners have started to move in. Located on Thepkrassatri Road,…
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Properly maintaining granite counter tops
PHUKET: If you buy new or upgrade, most likely you will choose granite counter tops. First remember that not all granite is equal. Granite is a lot harder than marble and easier to maintain, but experience shows, liquids can soak in to polished granite. If you notice a spill, clean it up right away and you may not be left…
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Boat Pattana announces new luxury villa project
PHUKET: Boat Pattana Co Ltd announced a new ‘limited edition’ high-end villa construction in progress in Phuket on June 13. “The project, named ‘Deva Escape’, will be located on the Bypass Road (Chalermprakiat Ror 9 Road) near IKEA, starting at 34 million baht for villas ranging 1157.6-1642.92 square meters,” said Panupong Kritchanarat, chief executive officer of Boat Pattana Co Ltd.…
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Property Watch: Unanswered questions in the Thai property market
PHUKET: I will admit, to anyone who asks, that consultancy services often involve assisting people with the kind of matters for which they should perhaps go to the authorities to receive assistance and guidance. Nevertheless, for one reason or another, consultancy services often involve providing advice to clear up uncertainties over laws, rules and regulations that are difficult to understand…
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Lub d hostel opens in Phuket
PHUKET: Lub d Phuket Patong is a new hostel set to open on July 19 with the aim of attracting modern-day backpackers who are looking for a laid back, affordable and convenient travel experience. Although the concept is a relatively new one for Patong accommodation, it is the latest in a line of similar successful hostels in Bangkok: Lub d…
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Across the Land: Property drivers for high season
PHUKET: Who will be the market drivers for property this coming high season in Phuket? Phuket has always been a hotpot mix of nationalities, whether it be the long-term residents, holiday home buyers or tourists. Long-term residents in Phuket basically fall into two broad segments. The first segment tends to be families from the surrounding Asian regions, such as Malaysia,…
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By the Book: Benefits of professional real estate photography
PHUKET: Professional real estate photography is more essential than ever before, when marketing any type of property for sale. Between 2008 and 2012 real estate searches on Google grew over 253 per cent, with 90 per cent of buyers beginning their searches online (nearly 30 per cent of those using mobile devices). Listings with professional photos generated an average of…
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Post-high-season autopsy on Phuket’s luxury property market
PHUKET: As I sit in my office on a faceless Saturday afternoon heading into low season, a song that flips up on Spotify grabs my attention – Ike and Tina Turner’s ‘River Deep, Mountain High’.My heart nearly skips a beat as Tina grittily sings the lines “And it gets stronger, in every way. And it gets deeper, let me say.…
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Dealing with the trash problem in Phuket
PHUKET: Hygiene and cleanliness are very personal, and judging by the aroma at the airport and on airplanes, often seem to be an optional affair. But living in our environment is a shared community exercise, and Phuket does suffer from the stresses and strains of tourism, as well as a lack of regard by certain sectors of the community to…
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Marriott to launch new resort in Nai Yang
PHUKET: Marriott Hotels are launching the Phuket Marriott Resort and Spa, Nai Yang Beach, next month. Inspired by cultural and architectural characteristics of Thailand, the resort is located about a 10 minute drive from Phuket International Airport. It has 180 rooms and is designed as a combination of traditional Thai style and sophisticated, modern architecture, by using ‘relaxing’ earth tones…
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Across the land: Dealing with water scarcity
PHUKET: Every April, the weather is blistering hot in Thailand, and it’s been no exception this year if not hotter. According to reports, it has not been as hot as this in Thailand for 65 years. Intense heat, attributed to the El Nino weather phenomenon, is causing a severe drought and water shortage throughout the region. No exception for Phuket…
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Airport completion fails again – this time mooted for December
PHUKET: Completion of construction work on the new international terminal at Phuket Airport has been pushed back to September, admits Airports of Thailand Plc President Nitinai Sirismatthakarn in an exclusive interview with the Phuket Gazette last week. Mr Nitinai was in Phuket to ‘assess progress’ with the new terminal but could not give a fixed date for the opening. “We…
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By The Book: Effective ways to sell your property
PHUKET: In our experience 15 per cent of sales will fail, become delayed, or end up incurring higher closing fees than necessary, due to sellers being unaware of the sales process, the documents required, and the options available to them. Before a buyer is found for your property and you begin negotiations, it is highly advisable to ensure that ‘your…
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Property Watch: The great balcony debate
PHUKET: Life on the edge is never easy, as Romeo and Juliet would have told you. One of my many (and growing) property nightmares is the great debate over condominium and hotel balconies. Is it really a balcony, terrace, veranda or even that exotically-tinged Hawaiian tropical lanai? Let’s just stick to balcony for now. Through the ages, architects have struggled…
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Chillva Market brings fun, food and excitement to Phuket
PHUKET: After a successful soft-opening, Phuket’s newest container market is officially open to the general public. Located off of Yaowarat Road, the 20-million-baht Chillva Market’s piece de resistance is a shipping container park, situated around a central bandstand and pond. Phakanan Daowatthanakij, the owner, said that the market is arranged into three zones by stall type: a tent zone sells…
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Property Watch: Impact of tourism on real estate
PHUKET: Statistics are regularly reported by tourism organizations – public and private, which break down the number of visitors arriving in Phuket. Are Phuket visitors domestic travelers, or business-people commuting? Do we count arrivals and departures, or just arrivals? How do we know the information received is accurate and are people leaving Phuket by other means? Just as this information…
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By the Book: Erecting a ‘For Sale’ sign when putting your property on the market
PHUKET: Let people know your home is on the market with a ‘For Sale’ Sign! In real estate markets all over the world, it is common practice for property sellers to erect a ‘For Sale’ sign when putting their property on the market, as it increases the chances of selling. The majority of the time the sign will be provided…
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Across the land: Unusual times in Phuket tourism
PHUKET: A typical ‘high season’ in Phuket is usually from November to April every year, with the ‘peak season’ being December and January. However, this has not been the case for 2015/2016, where the high season and peak season has passed by hitting a large speed bump. Almost all businesses on the island – tour companies, sailboat hires, hair &…
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Property Watch: The property name game
PHUKET: It’s hard to trace the origin of the practice of naming people, places and things. Arguably you could start with Adam and Eve, and perhaps that first gated-estate village called the Garden of Eden. Yes, the branding gurus were hard at work, even way back then. I’ve been reading about the current backlash in Mainland China against the increasing…
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Cracking Phuket’s hotel industry with reliable mega-data
PHUKET: Surveys are often seen as one of the lowest forms of data collection for a variety of reasons. Often respondents may not provide accurate answers or be comfortable providing answers that are perceived as unfavorable. Nonetheless, as STR Global has shown with more than 30 years of data collection in the hotel industry, important and valuable data can be…
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Property Watch: Influence of crime on land value
PHUKET: Reading through the news each week for Phuket, we all see the stabbings; suicides; drive-by shootings; drug hauls; crazed mini-van and other public vehicle smashes; horrific murders and assaults. Some elect to comment on these stories in the hope that those who can do something about the levels of crime will take action not just to deal with crime,…
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Phuket to get two of eight new marinas planned for the south
PHUKET: Two new marinas are to be built in Phuket as part of the government’s plan to stimulate economic growth by turning Thailand into a marine leisure hub in the ASEAN region. The marina development plan, announced by Transport Minister Arkhom Termpittayapaisith, includes construction of eight new marinas – four in the Andaman Sea and four in the Gulf of…
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Property Watch: Leasehold vs freehold – revisited
PHUKET: Leasehold versus freehold has been a livewire in Phuket and continues to be so. Over 14 years ago when I arrived in Phuket, I saw my first lease offered by a developer to a ‘buyer’ written in English and was shocked. I had been practicing as a commercial property lawyer in London for two years, looking at long leases…