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After numerous attempts over the years to reshape the way property tax is imposed in Thailand, new property tax legislation has finally entered into law in Thailand. The new law replaces the current House and Land Tax Act and the Local Development Tax Act and aims to encourage the productive use of land and improve […]
by Sivana Dee
The first section of the 873 kilometre high-speed railway running between Thailand and China should be operating by 2023. Thailand will now pay for the total cost of the 179 billion baht first section of the high speed rail line, but China is providing the design and will provide the train and carriages. The first 252 […]
by Sivana Dee
It’s bright and shiny, it’s new, it promises discounts on luxury goods, it’s next to the airport, it was set to open this Saturday, but is it legal? The Department of Provincial Administration Department has been asked to investigate the legality of the new Central Village ‘Bangkok Outlet Experience’ next to Bangkok’s Suvarnabhumi airport. The […]
by Sivana Dee
PHUKET: The tunnel that will become the Chalong Underpass has now been fully excavated and the construction engineer for the project still hopes that the underpass will be open to traffic in April. Somkiet Yimpong, Project Manager at the Phuket office of the Highways Department, told The Phuket News yesterday (Feb 15) that the tunnel […]
by Sivana Dee
PHUKET: Local residents will be able to get on board Phuket’s light-rail by 2023, a top official behind the project has assured. Niran Kaetkeaw, the Director of the Regional Bureau of Transportation and Traffic Promotion, Office of Transport and Traffic Policy and planning (OTP), said on Friday (Oct 26) that the project was making good […]
by Sivana Dee
BANGKOK: The Central Group of Companies, Thailand’s biggest retail conglomerate, plans to spend B1 billion to build its first outdoor lifestyle mall in the Bang Tao area of Phuket next year. Lertvit Pumipitak, the group’s senior executive vice-president of corporate business development, said the company will start to develop Porto de Phuket on 50 rai […]
by Sivana Dee
PHUKET: Blue Tree Phuket has announced the appointment of Michael Ayling, a veteran of Phuket’s hospitality scene, as its General Manager. Having worked in a consulting capacity for the past 24 months, Mr Ayling now takes the reins to lead the development, beginning with its opening to the public in early 2019. The B1.33 billion […]
by Sivana DeeHillside and cliffside developments in the Thai island require careful planning Developers who want to build on vantage points, promontories, and other plots of significant terrain in Phuket will need to contend with the government’s new environmental regulations for the touristy Thai island, a leading hospitality consultant said. Under rules issued by the Ministry of Natural […]
by Sivana Dee
The EEC, mass transit projects and a brighter economy bring good tidings for the real estate market. Thailand’s property market prospects are expected to be bright next year based on the country’s economic expansion, government spending on big-ticket infrastructure projects and the rise of the Eastern Economic Corridor (EEC). Surachet Kongcheep, a property analyst, says […]
by Sivana Dee
GDP From Construction in Thailand increased to 77237 THB Million in the fourth quarter of 2016 from 66489 THB Million in the third quarter of 2016. GDP From Construction in Thailand averaged 58891.02 THB Million from 1993 until 2016, reaching an all time high of 103692 THB Million in the first quarter of 1996 and […]
by Sivana Deethank you for visiting Pro Property Partners! My name is Sanne, how may I help you today?
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