Real estate sector to propose alternative to foreigners buying land in Thailand

Thai real estate business operators will propose that the government allow foreigners to buy houses on up to 0.16 hectares (one rai) of land, as an alternative to the right…

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Former real estate executive sentenced to 20 years in bank loan scandal

Thailand’s Central Criminal Court for Corruption and Misconduct Cases sentenced former top executive of the Krisda Mahanakorn real estate company, Wichai Krisdathanon, his son Ratchada and four other people to…

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Thailand’s housing prices expected to rise by 5-8 percent in April

House buyers are being warned that they may have to pay an additional 5-8% next month because of rising construction costs, driven by the conflict in Ukraine which has spurred…

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Slightly fewer dwellings listed on property market in Q2, 2021, with prices increased

A Thai Real Estate Information Centre’s (REIC) report shows an average of 114,668 second hand dwellings had been listed per month in the second quarter of 2021, along with some…

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Concern for real estate industry as COVID-19 spreads among construction workers

The Thai Real Estate Association and related agencies are discussing ways to control the spread of COVID-19 among construction workers, amidst rising concerns that it could delay construction of many…

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Unpaid brokerage fee believed to be behind Korat mass shooting

An unsettled brokerage fee from real estate deal is believed to be the motive behind Sgt. Maj Jakrapanth Thomma’s shooting rampage, according to a Thai PBS investigation. Jakrapanth doubled as…

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