THAILAND – PROPERTY Thailand’s MBK offering condo financing for foreigners Thai institutional group MBK PLC is now offering financing to foreigners on freehold condominiums through its subsidiary MBK Guarantee Ltd. This appears to be an extremely notable development in Thailand, where previously financing was nearly impossible to obtain for foreigners. Loans from THB2 million to […]
Continue ReadingNGOs campaign to defer dams construction in Lower Mekong Basin Campaigners on Tuesday expressed concern against the members from the Lower Mekong Basin to continue building dams to meet energy demands. In an interview with reporter in Bangkok on Tuesday, Carl Middleton from International Rivers said that concerned activists have been calling the Mekong River […]
Continue ReadingProperty sector in Bangkok still booming From its business district to leafy suburbs, new condominiums are sprouting almost daily across Bangkok, but developers and investors alike seem little concerned about a property bubble developing. The country’s real estate stocks have been on the boil with the index of property stocks up 28 per cent in […]
Continue ReadingFeasibility study next challenge The government plans to start a feasibility study soon on the first phase of a proposed high-speed rail link from Nong Khai to Bangkok.
Continue ReadingRail talks get Cabinet go-ahead The Cabinet has approved in principle a framework for negotiations between the government and China on a high-speed-train project, which is part of a planned transnational railway linking China to Southeast Asia.
Continue ReadingRail plans with China endorsed The cabinet yesterday approved joint investment plans with China for three high-speed train routes: Nong Khai-Bangkok, Bangkok-Padang Besar, and Bangkok-Rayong.
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Green can be lean, says property expert Going green is not only about saving energy, but also using environmentally friendly construction and decoration materials and minimising waste from construction and fitting processes, says Suphin Mechuchep, managing director of the property services firm Jones Lang LaSalle. “Energy-efficient features should not result in a significant increase in […]
Continue ReadingForeign property ownership in Thailand A growing number of expats now own properties in Thailand. Are you one of them and if so, can you confidently say that you own your property legally?
Continue ReadingCentara has signed more management contracts for new brands Following the announcement that Centara Hotels & Resorts has become the largest hotel chain in Thailand, this award winning hotel chain has revealed that it has sealed a management contract with the Nova Group to manage three properties in Pattaya and one property in Bangkok.
Continue ReadingRoyal Phuket Yacht Club THB1.3 Billion Price Tag The 110 room luxury mainstay Royal Phuket Yacht Club resort in Nai Harn has been put up for sale for THB1.3 billion according to industry sources.
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